Core Insights - Jack Henry & Associates, Inc. reported deconversion revenue of $20.5 million for the fiscal fourth quarter ending June 30, 2025, leading to a total of $33.9 million for the full fiscal year 2025 [1][2] Group 1: Deconversion Revenue - The majority of deconversion revenue arises when a client is acquired by another financial institution, resulting in the termination of their contract with Jack Henry [2] - Deconversion revenue is influenced by factors outside of Jack Henry's control and does not reflect the core operations of the company [2] - Jack Henry excludes deconversion revenue from its non-GAAP revenue reported in quarterly and annual earnings releases [2] Group 2: Company Overview - Jack Henry is a financial technology company listed on the S&P 500, focusing on enhancing connections between financial institutions and their clients [4] - The company has been providing technology solutions for nearly 50 years, enabling clients to innovate and compete effectively [4] - Jack Henry serves approximately 7,400 clients, emphasizing user-centric innovation and insight-driven solutions to promote financial health [4]
Jack Henry Announces Fiscal Fourth Quarter & Full Fiscal Year 2025 Deconversion Revenue Results