FINEOS Corp Holdings PLC Chess Depository Interest
FCL: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$3.40 | Qxvl | Jlghxqf |
Fineos' Margin Expansion Is Underway
Business Strategy and Outlook
Fineos is a core software vendor to the global life, accident, and health, or LA&H, insurance industry. Customers are primarily large multinationals and midmarket insurers. The firm generates revenue mainly from subscriptions and product implementation services. About 75% of revenue is generated from the U.S., the rest from the Asia-Pacific and Europe.