TNE FY25 Full Year Results Presentation

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Stock Technology One Ltd (TNE.ASX)
Release Time 18 Nov 2025, 9:27 a.m.
Price Sensitive Yes
 TNE FY25 Full Year Results Presentation
Key Points
  • Profit growth 19% to $181.5m (NPBT), ARR growth driven by SaaS+ and UK Growth up 18% to $554.6m
  • Surpassed $500m+ ARR by H1 FY25, new long-term target $1b+ ARR by FY30
  • Significant R&D investment of $153.7m, up 20%, for future growth
Full Summary

TechnologyOne Ltd reported strong financial results for FY25, with profit before tax growing 19% to $181.5m and ARR increasing 18% to $554.6m. The company surpassed its $500m+ ARR target 18 months ahead of schedule, and has set a new long-term goal of $1b+ ARR by FY30. Key drivers of growth included the company's SaaS+ strategy and continued momentum in the UK market, where ARR grew 49% to $51.8m. TechnologyOne maintained its market-leading net revenue retention rate of 115-120% and low churn of under 1%. The company also made significant R&D investments of $153.7m, up 20%, to drive future growth through initiatives like Solution as a Service, ERP in 30, and AI-enabled enterprise products. With a strong balance sheet, no debt, and significant cash holdings, TechnologyOne is well-positioned to continue executing on its growth strategy through a combination of organic expansion and strategic acquisitions. The company expects to maintain its track record of doubling in size every 5 years, with significant whitespace in its APAC customer base, continued growth in new logos, and inflationary pricing increases all contributing to future ARR expansion. Profit margins are also expected to reach 35%+ over the long term as the business scales.

Guidance

TechnologyOne expects to maintain its track record of doubling in size every 5 years, driven by continued growth in ARR. The company has set a new long-term target of $1b+ ARR by FY30.

Outlook

TechnologyOne expects its FY26 outlook to be strong, with its new Solution as a Service offering described as a 'game changer' that will lift ARR by 40%. The company also plans to continue its significant R&D investments to drive future growth, with a focus on expanding its APAC customer base, growing new logos, and leveraging inflationary pricing increases.