FINEOS Corporation Holdings Plc · ASX:FCL
FINEOS — H1 2026 Earnings Presentation
20 slides from FINEOS's earnings presentation, Aug 13, 2026
Slide 1: 1H26 Results Presentation
For personal use only 1H26 Results Presentation Michael Kelly (Founder, Chair & CEO) and Ian Lynagh (CFO) 13 August 2026 © FINEOS Corporation Ltd 1
Slide 2: 1H26 FINEOS Financial Highlights
1H26 FINEOS Financial Highlights FINEOS 1H26 Result demonstrates Strong Operating Momentum Subscription Total Gross Profit EBITDA For personal use only Revenue Revenue €54.6m €17.4m €41.9m €72.5m GP margin 75.4% EBITDA Margin 24.0% Up 7.9% on Jun’25 EBITDA up 32.3% on Jun’25 Up 15.0% on Jun’25 Up 7.
Slide 3: 1H26 FINEOS Operational Highlights
1H26 FINEOS Operational Highlights OneAmerica licenced 2 new sales of FINEOS 2 cross-sales of FINEOS FINEOS AdminSuite for For personal use only AdminSuite for Claims - AdminSuite - OneAmerica Quote & Underwrite, plus Australian MAIB plus one (10-year contract) and one FINEOS Employer Connect other
Slide 4: FINEOS Growth since IPO in 2019
FINEOS Growth since IPO in 2019 Market growth Subscription growth Cloud growth For personal use only 80.7%1 of global revenues from •313.9% growth in • 91.7% of total revenues North America •Subscription Fees derived from FINEOS Platform 20192 2026 TTM1 20192 2026 TTM1 20192 2026 TTM1 3.7% 9.9% 8.3%
Slide 5: Our people
Our people Headcount 1,050 1% For personal use only Headcount 5% Retention rate >90% 34% Workforce distribution 37.6% in the larger departments of R&D, 49% Product Consulting & CloudOps are in lower cost regions 11% Workforce flex 17.0% of the workforce are contract Product Consulting Cloud Ops R&D
Slide 6: Geographic mix of Revenues
Geographic mix of Revenues North America remains the dominant regional source of revenue with 80.5% share in 1H26 Revenue by region For personal use only 1H25 revenue by region 1H26 revenue by region (compared to 1H25) 3.3% 3.6% • North American total revenue grew 9.0% to 80.5% of revenues in 1H26,
Slide 7: 1H26 – Financials
For personal use only 1H26 – Financials © FINEOS Corporation Ltd 7
Slide 8: Income Statement
Income Statement • Total Revenue €72.5m, up 7.9% from 1H25 (1H25: €67.1m) o On a constant currency basis, 1H26 revenue rose 7.2%, an additional €4.8m, to €72.0m from 1H25 Income Statement 1H26 1H25 % Change o Subscription revenue increased 15.0% in 1H26 driven by cross and €m €m up-sell sales to exi
Slide 9: Subscription growth driving enhanced financial performance
Subscription growth driving enhanced financial performance Subscription revenue now represents 57.8% of total revenue Breakdown of 1H26 Revenues (compared to 1H25) Total Revenue €m • Subscription fees revenue increased For personal use only 15.0% to €41.9m driven by cross / up- sell and new client w
Slide 10: Operating Expenses
Operating Expenses 50m Total Operating Expenses €m Operating expenses 1H26 1H25 % Change €m €m 40m For personal use only Research & development (10.8) (12.8) (15.9%) Sales & marketing (1.7) (1.5) 11.0% 30m Product consulting (9.9) (10.7) (7.5%) 20m Cloud operations/support (5.9) (6.5) (8.6%) General
Slide 11: R&D investment continues to moderate as a % of revenue
R&D investment continues to moderate as a % of revenue Spend now more mixed between feature enrichment, enhanced onboarding & AI/automation capabilities R&D Investment1 €m Investment in R&D continues to drive For personal use only Subscription fee revenue growth 37.9% 36.0% 37.0% North American Sa
Slide 12: Balance sheet
Balance sheet • Cash at bank increased 40.2% as at 30 June 2026 reflecting Statement of Financial Position 30 Jun 26 31 Dec 25 % Change seasonality with the majority of subscription invoices paid in 1H and €m €m €0.3m in cash received from share option exercises Cash at bank 39.0 27.8 40.2% For pers
Slide 13: Statement of Cash Flows
Statement of Cash Flows For personal use only Statement of Cash Flows 1H26 1H25 % Change • Net cash generated from operating activities of €25.7m, down 24.7% compared with 1H25. This primarily reflects the timing of €m €m customer receipts, including two large invoices (totalling approximately €8.0m
Slide 14: FY26 Outlook & Key Priorities
For personal use only FY26 Outlook & Key Priorities © FINEOS Corporation Ltd 14
Slide 15: FINEOS Investment Thesis
FINEOS Investment Thesis Profitable Growth Recurring Revenues Operating Leverage Large NA TAM For personal use only Employee Benefits 1H26: 57.8% FY27: 65% EBITDA growing fast ~US$200b premium Increasing Revenue, Profit & Cash Serviceable Addressable Market 5-year contract term (GWP & Lives) Pushing
Slide 16: 2H26 Key Priorities
2H26 Key Priorities For personal use only For the remainder of FY26 continue growing revenues, margins and cash reserves. Focused on: Implement OneAmerica and our other 2026 new FINEOS AdminSuite client - go-lives at start of 2027 Scale Guardian Life and begin legacy system migration Up-sell t
Slide 17: Outlook & Guidance for FY26
Outlook & Guidance1 for FY26 For personal use only FY26 revenue guidance2 of between €147m - €152m is reiterated • Supported by strong pipeline and locked in revenues with existing clients as they scale on FINEOS AdminSuite • Grow profitability and cash generation outcome for FY26 • Drive sales in t
Slide 18: Reiterating Outlook & Guidance for beyond FY26
Reiterating Outlook & Guidance1 for beyond FY26 For personal use only FY27 FY29 Subscription Fees 65% 75% as a percentage of revenues R&D investment 30% 25% as a percentage of revenues Gross margins 75% 80% EBITDA margins 25% 40% ©©FINEOS FINEOSCorporation CorporationLtd. Ltd 1. Guidance should be r
Slide 19: Disclaimer
Disclaimer For personal use only This presentation has been prepared by FINEOS Corporation Holdings PLC (Company or FINEOS). By accessing or attending this presentation, you acknowledge that you have read and understood the following statements. NO OFFER OF SECURITIES Nothing in this presentation sh
Slide 20: Questions & Answers
For personal use only Questions & Answers © FINEOS Corporation Ltd 20
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