FINEOS Corporation Holdings Plc Shs Chess Depositary Interests Repr 1 Sh (AU:FCL) has released an update.
FINEOS Corporation Holdings Plc has marked five years of compelling growth since its IPO, with subscription revenue now making up 54% of total revenue, highlighting its dominance in the North American employee benefits market. At their AGM, they reported a successful A$40 million capital raise and a strategic shift to align their financial year with the calendar year, improving business operation efficiency. The company also showcased their innovation in cloud technology and their focus on expanding into the U.S. employer market for absence management.
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