FINEOS Corporation Holdings plc announced that its Board of Directors has resolved to change the Company's financial year end from 30 June to 31 December. The change has been made to align the financial year end of the Company with the largest market that it serves in North America, where the majority of fiscal year ends are 31 December. This allows FINEOS to align with both existing and prospective clients' budgeting and decision-making cycles, with the onset effect of improving FINEOS accuracy with its pipeline management, revenue forecasting, resource allocation and associated cost drivers.

The Company's previous financial year ended on 30 June 2023. The Company will have a six-month transitional financial year beginning on 1 July 2023 and ending on 31 December 2023 ("FY23X"); and Thereafter, from 1 January 2024, the Company will revert to a twelve-month financial year, ending on 31 December (FY24).