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The latest announcement is out from JCurve Solutions Limited ( (AU:JCS) ).
JCurve Solutions Limited has announced a change in its revenue recognition policy for its ERP subscription licenses, aligning it with AASB 15 guidance. This change, which involves recognizing revenue over time rather than at a single point, reflects the ongoing service obligations and results in a restatement of the company’s FY25 financial figures. The adjustment is part of JCurve’s business transformation strategy to enhance transparency and boost the contribution of recurring revenue from its owned products.
More about JCurve Solutions Limited
JCurve Solutions Limited is a company that develops products and partnerships aimed at helping businesses grow. The company is involved in the industry of enterprise resource planning (ERP) solutions, focusing on subscription-based ERP licenses.
Average Trading Volume: 131,608
Technical Sentiment Signal: Buy
Current Market Cap: A$17.97M
For a thorough assessment of JCS stock, go to TipRanks’ Stock Analysis page.