Technology One Ltd H1 FY26 Half Year Results Presentation
Key points
- Record H1 new ARR of $598.0m, up 17%
- Strong APAC Local Government ARR growth of 27%
- UK ARR up 23% to $53.0m
- Interim dividend increased by 21% to 8.0 cps
- Strong balance sheet with no debt and significant cash holding
Full summary
Technology One Ltd (ASX: TNE) presented its 2026 Half Year results, highlighting a robust performance in the first half of the financial year. The company achieved a record ARR of $598.0 million, up 17% from the previous year, driven by strong growth in the APAC Local Government sector. The UK market also saw a significant increase with ARR up 23% to $53.0 million. The company reaffirmed its FY26 guidance and announced an interim dividend increase of 21% to 8.0 cents per share. The balance sheet remains strong with no debt and significant cash holdings.
Guidance
FY26: ARR growth targeting top end of 16-18%, PBT growth targeting top end of 18-20%
Outlook
Technology One Ltd is confident in its long-term growth strategy, targeting $1 billion+ ARR and AI revenue by FY30. The company plans to continue investing in R&D and vertical expertise to deepen its market position.
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