JCURVE SOLUTIONS LTD — Capital/Financing Update 2016

Jun 27, 2016

==> picture [185 x 61] intentionally omitted <==

28 June 2016

Manager of Company Announcements ASX Limited Level 6, 20 Bridge Street SYDNEY NSW 2000

By E-Lodgement

MEDIA RELEASE – FY2017 GUIDANCE

JCurve Solutions Limited (ASX : JCS) is pleased to provide its revenue, EBITDA and NPAT guidance for the year ending 30 June 2017.

MEASURE	FY16 GUIDANCE(*) ()**	FY17 GUIDANCE()**
Revenue	Range:$9.5m -$10.5m	Range:$10.0m -$11.0m
EBITDA	Range:($0.2m to$0.5m)loss	Range:$0.0m to$0.2mprofit
NPAT	Range:($0.2m)loss to$0.1mprofit	Range:$0.3m -$0.5mprofit

(*) Company has confirmed expectation that revenue, EBITDA (excl. impairments) and NPAT (excl. impairments) results for FY16 will be materially in line with guidance and this expectation is based on actual results to May 2016 and forecast for the month of June 2016, both of which are subject to year-end audit.

(**) Prior to any impairment

The above guidance for FY2017 reflects business as usual for the Company with a sustained increase in the annuity revenue streams from the JCurve solution offering and stability in the Telecommunications Expense Management (TEMS) business where value will continue to be maximised.

As reflected in the 22 June 2016 release to the market, the Board is committed to increasing value to its shareholders, leveraging off the Company’s strong cash position and management’s focused review of value creating opportunities and complementary products.

For and on behalf of the Board

Bruce Hatchman Chairman