• Profit Before Tax up 19%, beating guidance
• Total Annual Recurring Revenue (ARR) up 18% to $554.6 million
• Achieved $500 million ARR 18 months ahead of target, set new $1 billion+ ARR by FY30 goal
• Strong UK growth, with UK ARR up 49% and UK Sales ARR up 52%

TechnologyOne (ASX: TNE) announced its financial results for the year ended 30 September 2025, reporting its 16th consecutive year of record profit, revenue, and SaaS fees. Key highlights include: Profit Before Tax of $181.5 million, up 19% and beating guidance; Total Annual Recurring Revenue (ARR) of $554.6 million, up 18%, with the company achieving its $500 million ARR target 18 months ahead of schedule and setting a new long-term goal of $1 billion+ ARR by FY30; Strong UK growth, with UK ARR up 49% and UK Sales ARR up 52%, driven by significant customer wins in the Local Government and Higher Education verticals. The company's SaaS+ offering, launched in 2023, is fueling growth and enabling faster go-lives for customers. TechnologyOne also completed the acquisition of CourseLoop, a world-leader in curriculum management, to complement its Higher Education suite of products. The company generated strong free cash flow, with a free cash flow to NPAT ratio of 134%, and maintained a Rule of 40 result of 59%, placing it in the top quartile of global SaaS software businesses.

The company expects group margins to continue improving to 35%+ in the coming years, driven by the significant economies of scale from its single-instance, multi-tenanted global SaaS ERP solution and the customer response to SaaS+.

TechnologyOne is focused on continuing to execute its SaaS+ strategy, which is driving record ARR, revenue, and profit. The company has set a new long-term target of $1 billion+ ARR by FY30, underpinned by SaaS+, its AI and product development initiatives, strategic acquisitions, and strong growth in the UK market.