ASX Share rice
Wed 05 Aug 2020 - 10:50:pm (Sydney)

FCL Share Price

FINEOS CORPORATION HOLDINGS PLCFCLSoftware & Services

FCL Company Information

Name:

FINEOS Corporation Holdings plc

Sector:

Technology

Industry:

Software—Application

Address:

FINEOS House Dublin Ireland DO3 FT97

Phone:

353 1 639 9700

Full Time Employees:

718

Founder, CEO & Director:

Mr. Michael Kelly

CFO, Joint Company Sec. & Director:

Mr. Tom Wall

Chief Operating Officer:

Mr. John Brennan

Chief Technology Officer:

Mr. Jonathan Boylan

Head of Investor Relations:

Orla Keegan

Company Overview:

FINEOS Corporation Holdings plc provides customer-centric software to the life, accident, and health insurance industry worldwide. The company offers FINEOS Platform, a module-based core system solution that is designed and delivered through the cloud as a Software-as-a-Service solution. The FINEOS Platform comprises FINEOS AdminSuite that is designed to support an insurer's core administrative processes, including claims, payments, absence, policy administration, and billing; FINEOS Engage, which assists insurers to connect digitally in real time with customers, businesses, and technology partners outside of their organization; and FINEOS Insight that offers data analytics capabilities, which allow clients to assess and present data in useful ways. It also offers professional and customer support services. FINEOS Corporation Holdings plc was founded in 1993 and is headquartered in Dublin, Ireland.

FCL Share Price Information

Shares Issued:

271.24M

Market Capitalisation:

$1.23B

Profit Margin:

-0.0134

Return On Assets (TTM):

$0.02

Return On Equity (TTM):

$-0.02

Quarterly Revenue Growth (YOY):

0.377

Gross Profit(TTM):

$41.72M

FCL CashFlow Statement

CashFlow Date:

2019-06-30

Change To Liabilities:

$3.56M

Total Cashflow From Investing Activities:

$-16,062,233

Net Income:

$-1,769,657

Total Cash From Operating Activities:

$13.37M

Depreciation:

$2.04M

Other Cashflow From Investing Activities:

$68.86K

Change To Account Receivables:

$2.45M

Capital Expenditures:

$861.58K

FCL Income Statement

Income Date:

2019-06-30

Income Before Tax:

$-1,673,621

Net Income:

$-1,769,657

Gross Profit:

$41.72M

Operating Income:

$746.81K

Other Operating Expenses:

$-1,053,172

Interest Expense:

$-263,278

Income Tax Expense:

$96.04K

Total Revenue:

$62.81M

Total Operating Expenses:

$62.07M

Cost Of Revenue:

$21.09M

FCL Balance Sheet

Balance Sheet Date:

2019-06-30

Intangible Assets:

$42.27M

Total Liabilities:

$51.65M

Total Stockholder Equity:

$22.60M

Other Current Liabilities:

$13.01M

Total Assets:

$74.26M

Common Stock:

$219.99K

Other Current Assets:

$311.57K

Retained Earnings:

$9.71M

Other Liabilities:

$7.07M

Other Assets:

$1.39M

Cash:

$6.90M

Total Current Liabilities:

$23.65M

Property - Plant & Equipment:

$7.67M

Net Tangible Assets:

$-19,661,060

Total Current Assets:

$22.94M

Long-Term Debt:

$15M

Net Receivables:

$13.38M

Accounts Payable:

$1.87M

FCL Share Price History

FCL News

14 Jul, 2020
FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally, today announces the appointment of Allison Morgan as Senior Sales Executive to the FINEOS North American team.
29 Jun, 2020
FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally, is delighted to announce today it has signed a new license agreement with F&G. They will use FINEOS Claims in their life and annuity claims processes.
09 Jun, 2020
Today we will run through one way of estimating the intrinsic value of FINEOS Corporation Holdings plc (ASX:FCL) by...
15 Apr, 2020
FINEOS Corporation Ltd (ASX:FCL), the market-leading provider of core systems for Life, Accident and Health insurance, announced today that Dutch Insurer, Nationale-Nederlanden (NN) has upgraded from their on-premise FINEOS Claims system and gone live on the FINEOS Platform, in the cloud. The completion of the FINEOS Cloud adoption plan enables NN to benefit from the security, scalability and value delivered by FINEOS Cloud.
02 Apr, 2020
FINEOS Corporation Ltd (ASX:FCL) has announced the launch of the FINEOS Paid Leave Calculator which allows consumers to estimate the amount of paid leave for qualifying absences due to COVID-19 related leave reasons and as authorized by the Families First Coronavirus Response Act (FFCRA). By responding to a few questions in the calculator, consumers can gain a sense of the amount of paid federal leave that might apply to a COVID-19 leave reason. It is a stateless application and maintains no personal customer information.
11 Mar, 2020
Just because a business does not make any money, does not mean that the stock will go down. For example, although...
04 Feb, 2020
FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announces its involvement in the development of the LIMRA LDEx Standards for Non-Medical Workplace Benefits. The LIMRA announcement states that the first phase of LDEx standards enables standardized data exchange between benefits administration technology companies to send coverage updates, including demographic changes, to carriers. Life, accident and various health products are supported.
03 Feb, 2020
FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally, is delighted to announce today it has signed a new license agreement with a Tier 1 U.S. Insurer for the FINEOS Platform to support IDAM in the cloud for their Employee Benefits division.
30 Jan, 2020
FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced it will be premier sponsor of the 2020 LIMRA Enrollment Technology Strategy Seminar in New Orleans, Louisiana from February 4-5. The seminar provides a forum for LIMRA member insurance companies and technology service providers to participate in open discussion on how to cohesively work together and define better outcomes. The theme for this year’s conference is "Managing Change in the Big Easy".
15 Dec, 2019
FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced that QInsure, the insurance arm of QSuper, one of Australia’s largest and most respected superannuation funds, has successfully gone live with FINEOS Claims.
16 Nov, 2019
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...