Jcurve Solutions (ASX:JCS) Guides to $13 Million FY26 Revenue After First-Half Profit and 32 Percent Sales Growth

Aditi Sarkar

27 October 2026 10:24 PM AEDT

Jcurve Solutions (ASX:JCS) Guides to $13 Million FY26 Revenue After First-Half Profit and 32 Percent Sales Growth

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Highlights

First-half FY26 revenue rose 32% to $7.018 million, with profit before tax of $1.040 million.
Closing cash at 31 December 2025 was $2.944 million, and annual contract value reached $24.623 million.
FY26 revenue is forecast between $13 million and $13.35 million, with second-half cash flow expected positive.
Jcurve serves 626 customers across Australia, New Zealand and South East Asia as an Oracle NetSuite solution provider.

Jcurve Solutions Limited (ASX:JCS) swung to a profit in the first half of FY26 and put numbers on its full-year outlook. The Sydney-based ERP and business management provider reported unaudited revenue of $7.018 million for the six months to 31 December 2025 and guided to FY26 revenue of $13 million to $13.35 million.

Company Snapshot

Founded in Sydney in 1997 as Stratatel, Jcurve calls itself a leading provider of ERP and business management solutions and an Oracle NetSuite Solution Provider. Its products include NetSuite ERP, the small-business JCurveERP, Jtel Next for telecom expense management and Jcurve FSM for field service management, alongside consulting, technical and support services.

It has offices in Australia, New Zealand, Singapore, Thailand and the Philippines, and reports two segments, Australia and Asia. In January 2025, it acquired the Singapore operations of Rapid eSuite for SG$1.

First-Half FY26 Update

In a market update dated 5 February 2026, the company reported first-half revenue of $7.018 million, up 32% on $5.312 million in the restated prior period. Normalised EBITDA was $1.452 million, and profit before tax was $1.040 million, against a loss of $0.422 million.

Annual contract value was $24.623 million across 626 customers, with recurring revenue from that value of $5.682 million, or 46%. The company acquired 28 customers and lost 26. It noted that 82% of cancellations were due to acquisition, administration or ceasing trading by the customer.

FY25 Background

In FY25, revenue fell 11% to $11.34 million, EBITDA was $497,919 and the net loss after tax was $659,770, according to preliminary unaudited results. Cash was $1.37 million and operating cash flow was a positive $669,307. A placement in late July 2025 raised about $1.0 million, and an undrawn working capital facility was reduced to $750,000.

Outlook and Risks to Watch

The company forecasts FY26 revenue between $13 million and $13.35 million, which it describes as growth of 14% to 17% on FY25, with cash flow for the second half expected to be positive. It may increase spending on sales, marketing and research and development, subject to clear evidence that the spending supports its target of acquiring its next 100 customers.

Risks include revenue concentration, with NetSuite commission accounting for 27% of revenue, customer churn, a ten-largest-debtor concentration of about 41% of receivables, foreign exchange exposure to the US dollar and reliance on operating cash flow. A material uncertainty on going concern was flagged at the December 2024 half-year, and the figures cited here are unaudited and have been restated in places.

Stock Price Information

Jcurve Solutions shares were unchanged at A$0.026 on 27 October 2026, giving the company a market capitalisation of about A$9.21 million. The stock is down 53.57% over the past year.

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