In its Q1 FY27 investor update, Jcurve’s ACV climbs to $26.085M as every location is EBITDA profitable
In its Q1 FY27 investor update, management at Jcurve Solutions Limited (ASX: JCS) outlined annual contract value (ACV) of $26.085M for the quarter, up from $25.101M in Q1 FY26. ACV per customer reached $42,415, the highest of the six quarters shown in the presentation.
The presentation, dated 29 October 2026, covered the quarter from July to September 2026. Management highlighted that every location was EBITDA profitable, while customer numbers were broadly stable at 615.
Headline operating highlights from the presentation included:
- 6 new customers across all markets
- $1.194M of ACV added
- $1.010M in Services Orders
- 4.84 customer satisfaction score
- Every location EBITDA profitable
Contract value rose while the customer base was little changed, which points to a higher average value per customer.
Q1 FY27 versus Q1 FY26
The presentation compared Q1 FY27 with the same period a year earlier. The picture was mixed: ACV and cash were higher, while revenue, ARR and EBITDA were lower and operating expenses rose.
| Metric | Q1 FY27 | Q1 FY26 |
|---|---|---|
| ACV | $26.085M | $25.101M |
| Customers | 615 | 628 |
| RPO | $5.664M | n/a |
| Cash | $3.044M | $2.499M |
| Revenue | $3.359M | $3.533M |
| ARR | $2.728M | $2.899M |
| Op. Ex. | $2.447M | $2.164M |
| EBITDA | $0.162M | $0.654M |
Revenue of $3.359M compared with $3.533M a year earlier, and ARR was $2.728M against $2.899M. EBITDA was $0.162M versus $0.654M, while operating expenses rose to $2.447M from $2.164M.
Cash stood at about $3.0 million, up from $2.499M in Q1 FY26.
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Customer retention and services momentum
Only 3 customers cancelled in Q1 FY27, compared with 18 in Q4 FY26 and 16 in Q2 FY26. The customer count rose to 615 from 612 at the end of Q4 FY26.
Services and Other Revenue was $631k, with 6,886 hours delivered and 23 projects closed. Average time to close was 2.7 days, and the CSAT response rate was 42%.
Customer wins named in the presentation were:
- Lions Befrienders Singapore
- IC Markets
- Okuno (Thailand)
- The American Chamber of Commerce of the Philippines
The KPI trend table below uses the presentation’s own labels. EBITDAR is EBITDA plus IFRS rent paid to landlords, and the Q4 FY26 figure was updated to $0.300M from $0.230M following final audit.
| Measure | 1QFY26 | 4QFY26 | 1QFY27 |
|---|---|---|---|
| Annual Contract Value ($M) | $25.101 | $24.891 | $26.085 |
| Number of Customers | 628 | 612 | 615 |
| Number of Customers Cancelled | 10 | 18 | 3 |
| EBITDAR ($M) | $0.654 | $0.300 | $0.162 |
What is an AI-enabled ERP platform and why it matters for Jcurve
Enterprise resource planning (ERP) software links functions such as accounting, inventory and operations in one system. An AI-enabled platform uses artificial intelligence to automate tasks within that system, such as data migration and scheduling.
The presentation tied AI to the goal of the “Next 100 Customers” and to ARR growth through an App Store of add-ons and connectors. Management also noted that more than 75% of operating expenses are people costs, and listed team productivity as an AI priority.
AI in the FSM product
One use case in the presentation was optimising the scheduling of home care workers in the field service management (FSM) product, while adhering to worker preferences, availability, travel time and SCHADS legislation. The example roster showed proposed savings of $1,941 per week or >$100,000 per year, and this was an illustrative use case rather than realised revenue.
Details of the example roster included:
- 35 bookings and 11 rostered resources
- ~7.5 hours of unworked paid buffer
- 7 broken shift allowances
- A total estimated labour cost of $1,941.60
Jcurve AI Platform
The presentation described a six-step journey from accounting to ERP:
- Connect to existing system(s)
- Extract configuration, data and files
- Automate migrations using AI Skills and Agents
- Go live in Jcurve or NetSuite
- Add-ons from the App Store
- Connectors from the App Store
An example migration from Xero to NetSuite was shown. Connectors displayed included Zoho, HubSpot, Shopify, Stripe, Asana, Notion, Slack and Granola.
FY27 priorities
The presentation included two FY27 priorities slides. The earlier slide referred to the “Next 100 Customers”, while the later slide set the target at the “Next 84 Customers”.
Priorities listed were:
- “Next 84 Customers”
- Accelerate new business sales and marketing efforts in all regions
- Identify Jcurve “lookalike” businesses for acquisition
- Amplify the Jcurve “Next” ERP message and target growing SMEs
The quarter’s picture combined a cash position of about $3.0 million, higher ACV per customer, low churn of 3 cancellations and an AI-led product roadmap.
Ready To Explore Jcurve’s AI-Enabled ERP Growth Story?
Jcurve Solutions lifted annual contract value to $26.085M in Q1 FY27, with every location EBITDA profitable and just 3 customer cancellations. Its AI-led ERP roadmap and “Next 84 Customers” target point to the company’s next phase of growth.
Investors wanting the full picture can visit the Jcurve Solutions investor centre for presentations, updates and company announcements. It is a practical starting point for assessing how the AI platform strategy may shape future performance.