• Operating revenue up 7.3% to $191.0 million
• Underlying EBITDA up 46.1% to $55.7 million
• Cash EBITDA up 68.8% to $49.3 million
• Underlying NPATA up 142.3%

Hansen Technologies Ltd (ASX: HSN), a global leader in industry-specific software, announced its results for the half-year ended 31 December 2025 (1H26), delivering a strong financial performance. The Group's operating revenue grew 7.3% to $191.0 million, while underlying EBITDA increased by 46.1% to $55.7 million, reflecting improved operating leverage. Cash EBITDA rose 68.8% to $49.3 million, driven by cost discipline. Support & Maintenance revenue grew 15.6% from 1H25, supported by low churn, multi-year renewals, and a broad mission-critical installed base. Underlying NPATA increased by 142.3%, and Underlying NPAT rose 389.1% from 1H25, underpinned by strong operating leverage, tighter cost control, and ongoing efficiency gains across the business. Net cash from operating activities increased 417.7% to $53.6 million. The Communications & Media segment delivered 13.5% revenue growth, supported by major new wins and multi-year renewals with Tier-1 operators, while the Energy & Utilities segment saw a 3.0% increase in revenue, driven by a strong contribution from EMEA and continued industry investment. Hansen continues to invest in AI, embedding it as a core capability across its people, platforms, and products, which is strengthening its competitive position. The company expects revenue to be higher in 2H26 compared to 1H26 and remains on track to deliver an Underlying EBITDA margin of around 30% for FY26.

Hansen expects revenue to be higher in 2H26 vs 1H26 and remains on track to deliver an Underlying EBITDA margin of around 30% for FY26.

The Board continues to target 5-7% organic revenue growth over the medium term, driven by sector tailwinds, including smart-grid upgrades, decarbonisation, digitalisation, 5G expansion, and AI-enabled operations, which are expanding Hansen's global addressable market. The company's strategic priorities include further investment in AI and R&D, accelerating global growth, realising the benefits of the Digitalk acquisition, and assessing targeted M&A opportunities.