TNE.ASX: TNE H1 FY26 Half Year Results Presentation

TNE H1 FY26 Half Year Results Presentation

Stock	Technology One Ltd (TNE.ASX)
Release Time	19 May 2026, 8:21 a.m.
Price Sensitive	Yes

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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.