JCurve Solutions Limited (JCS) AI Stock Analysis

• Market Cap: AU$16.91M
• Dividend Yield: N/A
• Average Volume (3M): 56.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.62
• Revenue Growth: -10.95%
• EPS Growth: 65.52%
• Country: AU
• Employees: 13
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): <0.01
• Shares Outstanding: 352,343,440
• 10 Day Avg. Volume: 116,145
• 30 Day Avg. Volume: 56,247
• PEG Ratio: 0.30
• Price to Book (P/B): 8.57
• Price to Sales (P/S): 1.56
• P/FCF Ratio: 40.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: AU$0.04 ▲(2.50% Upside)

JCurve Solutions Limited's overall stock score is primarily impacted by its financial performance, which is challenged by declining revenue and profitability issues. Technical analysis provides mixed signals, with some longer-term support but short-term weakness. Valuation is a concern due to negative earnings and lack of dividends, further weighing down the score.

Positive Factors

Recurring subscription revenue model

A subscription-based SaaS model creates recurring, predictable revenue and higher customer lifetime value. For SME-focused software, this durable revenue mix supports steady cash inflows, enables scalable unit economics, and provides a stable foundation for investment and long-term customer relationships.

High gross profit margin

A gross margin near 67% indicates efficient delivery of cloud software and favorable unit economics. High gross margins provide structural capacity to absorb sales and marketing spend, invest in R&D, and improve operating leverage, supporting sustainable profitability if revenue trends stabilize or recover.

Conservative leverage

Very low debt reduces financial risk and preserves strategic optionality. With limited leverage, the company can prioritize product investment or M&A, withstand industry cyclicality, and avoid refinancing stress—important for a software firm seeking to fund growth or navigate a multi-quarter recovery.

Negative Factors

Declining revenue trend

A near-24% annual revenue decline signals weakening product adoption or customer retention, eroding the recurring base critical to SaaS firms. Continued top-line contraction reduces scale benefits, pressures margins, and shortens the runway for reinvestment, jeopardizing medium-term growth prospects.

Negative profitability and margins

Persistently negative net and EBIT margins indicate the business is not converting revenue into sustainable profits. For shareholders and management, this limits ability to self-fund expansion, requires clear margin improvement actions, and raises the likelihood of capital raises if losses persist over multiple quarters.

Weak cash flow generation

Poor free cash flow growth and weak OCF-to-net-income conversion strain liquidity and limit reinvestment capacity. For a subscription business, converting ARR into stable cash is crucial; sustained weak cash flow may force cost cuts or external financing, undermining long-term execution and product development.

JCurve Solutions Limited Business Overview & Revenue Model

Company Description

JCurve Solutions Limited provides enterprise resource planning (ERP) and telecommunications expense management solutions in Australia, New Zealand, and South East Asia. The company offers Optyc, a solution to automate business processes and delivering data insights; Quicta, a servicemanagement solution to allocate operational resources; Vyzeri, that offers consulting services; and Dygiq, which offers marketing capabilities for organizations. It also provides digital marketing services, as well as business management solutions. The company was formerly known as Stratatel Limited and changed its name to JCurve Solutions Limited in December 2013. JCurve Solutions Limited was founded in 1997 and is based in Chatswood, Australia.

How the Company Makes Money

JCurve Solutions Limited generates revenue primarily through the subscription model for its software services, charging clients a recurring fee for access to its cloud-based solutions. This includes monthly or annual subscriptions for its ERP and CRM systems. Additionally, the company earns revenue from professional services such as software implementation, customization, and ongoing technical support. Key revenue streams also include partnerships with other technology firms to offer integrated solutions, as well as potential consulting services that provide strategic insights to clients looking to optimize their business operations. JCS's focus on SMEs allows it to tap into a large and growing market, enhancing its earnings potential.

JCurve Solutions Limited Financial Statement Overview

Summary

JCurve Solutions Limited faces significant financial challenges, with declining revenue and profitability issues impacting the income statement. The balance sheet is stable with low leverage, but profitability remains a concern. Cash flow metrics indicate operational difficulties, highlighting the need for strategic improvements to enhance financial performance.

Income Statement

JCurve Solutions Limited has faced declining revenue, with a significant drop of 23.97% in the most recent year. The company struggles with profitability, as evidenced by negative net profit margins and EBIT margins. Although the gross profit margin remains relatively strong at 66.94%, the overall income statement performance is weakened by consistent net losses and declining revenue.

Balance Sheet

The balance sheet shows a low debt-to-equity ratio of 0.09, indicating conservative leverage. However, the return on equity is negative, reflecting ongoing losses. The equity ratio is relatively healthy, suggesting a stable capital structure, but the negative ROE highlights profitability challenges.

Cash Flow

Cash flow performance is concerning, with negative free cash flow growth and a low operating cash flow to net income ratio. While free cash flow to net income is positive, the overall cash flow situation is strained, reflecting operational challenges and limited cash generation.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.34M	8.26M	12.74M	16.40M	15.27M	10.64M
Gross Profit	8.61M	5.53M	11.54M	3.96M	2.93M	2.26M
EBITDA	271.20K	488.86K	-640.62K	1.60M	1.60M	1.24M
Net Income	-659.77K	-659.77K	-1.90M	-340.88K	-66.39K	152.25K
Balance Sheet
Total Assets	7.11M	7.11M	8.09M	13.90M	16.87M	14.45M
Cash, Cash Equivalents and Short-Term Investments	1.37M	1.37M	1.60M	4.27M	5.28M	5.32M
Total Debt	135.32K	135.32K	665.35K	1.01M	1.47M	1.78M
Total Liabilities	5.61M	5.61M	5.81M	9.17M	11.87M	9.37M
Stockholders Equity	1.50M	1.50M	2.28M	4.73M	5.00M	5.07M
Cash Flow
Free Cash Flow	664.54K	319.31K	-1.25M	-266.92K	839.62K	1.75M
Operating Cash Flow	669.31K	669.31K	-1.25M	-229.03K	965.34K	1.85M
Investing Cash Flow	-349.99K	-349.99K	-486.36K	-37.43K	-423.98K	-336.67K
Financing Cash Flow	-562.14K	-562.14K	-952.90K	-561.59K	-525.54K	-552.23K

JCurve Solutions Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:JCS, the sentiment is Positive. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 84.85 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:JCS.

JCurve Solutions Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CF1	51 Neutral	AU$12.51M	-4.67	-42.66%	―	31.31%	75.00%
UNT	50 Neutral	AU$10.63M	-2.50	-51.70%	―	18.82%	-110.53%
AMX	48 Neutral	AU$26.12M	-3.97	-31.01%	―	-3.43%	-40.65%
JCS	47 Neutral	AU$16.91M	-24.00	-34.92%	―	-10.95%	65.52%
HTG	41 Neutral	AU$18.45M	-2.07	―	―	-5.80%	54.70%

JCurve Solutions Limited Corporate Events

JCurve Solutions Adjusts ERP Revenue Recognition Policy

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.

JCurve Solutions Limited Reports Successful AGM Outcomes

JCurve Solutions Limited announced the successful outcomes of its Annual General Meeting, where all resolutions were passed by a poll. Notably, the adoption of the Remuneration Report received over 75% approval, and the re-election of Mr. Mark Jobling as Director was confirmed. The approval of future securities issuance, ratification of placement shares and options, and renewal of proportional takeover provisions were also carried, indicating strong shareholder support and potentially positive implications for the company’s strategic initiatives.

Jcurve Solutions Limited Releases AGM Investor Presentation

Jcurve Solutions Limited has released an investor presentation for its Annual General Meeting, emphasizing that the information provided is for informational purposes only and has not been independently verified. The presentation includes forward-looking statements that are subject to risks and uncertainties, and the company disclaims any obligation to update these statements or provide additional information.

JCurve Solutions Relocates Principal Office to Enhance Business Growth

JCurve Solutions Limited has announced a change in its principal place of business to Level 7, 9 Help Street, Chatswood NSW 2067, effective from October 15, 2025. This move reflects the company’s ongoing commitment to supporting business growth through technology, as they continue to provide platforms that enhance productivity and automation for their clients.

JCurve Solutions Announces 2025 AGM Details

JCurve Solutions Limited has announced the details of its 2025 Annual General Meeting (AGM), which will be held as a physical meeting on November 20, 2025, in Sydney. The meeting will cover various business resolutions, including the adoption of the remuneration report, re-election of a director, approval of future securities issues, and renewal of proportional takeover provisions. Shareholders are encouraged to participate and vote, as the AGM’s business impacts their shareholding.