FINEOS Reports Improved Financials, No Dividends

FINEOS Corporation Holdings Plc Shs Chess Depositary Interests Repr 1 Sh (AU:FCL) has released an update.

FINEOS Corporation Holdings Plc reported a modest revenue increase of 5.5% for the six-month period ending June 30, 2024, compared to the previous six months, although the company experienced a 22.9% decrease in losses after tax. The period also saw a significant 67.2% reduction in total comprehensive loss. Despite these changes, the company will not be paying dividends and reported a slight decrease in net tangible assets per security from €0.07 to €0.06.

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