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Strong Results Across the Board for Leading Tech and Retail Firms

Step One Clothing Delivers Double-Digit Earnings Growth

Step One Clothing Limited (ASX:STP) has reported a strong financial performance for the half-year ended 31 December 2024. Revenue increased by 6.8% to $48.1 million, while profit after tax rose by 15.1% to $8.2 million compared to the previous corresponding period. The company's EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) also increased by 10.4% to $11.2 million. Step One Clothing remains well-funded with a strong cash position of $43.8 million as at 31 December 2024, which provides the financial capacity to pursue expansion opportunities.

Beamtree Sees Continued Growth and Profitability Improvements

Beamtree Holdings Ltd (ASX:BMT) has reported strong 1H FY25 results, with a 10% increase in total revenue, driven by a 31% surge in international revenue. The company also achieved an operating profit of $5k, a marked improvement from the $546k loss reported in the same period last year. Beamtree has appointed a new CEO, Marek Stepniak, to lead the company's international expansion strategy, and the company remains confident in achieving its target of $60 million in annual recurring revenue by the end of 2026.

Hansen Technologies Sees Mixed Results, Reaffirms FY25 Guidance

Hansen Technologies Limited (ASX:HSN) reported a 6.1% increase in operating revenue for 1H FY25, but a significant decline in underlying profitability. The company's underlying NPATA decreased 53.3% to $12.6 million, and underlying EBITDA declined 26.9% to $38.1 million. However, Hansen reaffirmed its FY25 guidance, targeting operating revenue of $398m-$405m, underlying EBITDA of $92m-$101m, and cash EBITDA of $76m-$85m. The company expects a stronger 2H FY25, driven by the timing of licence fees and major upgrade projects, including a transformative $50m five-year agreement with VMO2 in the UK.

Data#3 Delivers Solid 1H FY25 Performance

Data#3 Limited (ASX:DTL) reported a strong 1H FY25 performance, with Gross Sales up 7.4% to $1.4 billion and Gross Profit up 10.0% to $143.6 million. Profit before tax (NPBT) was $32.0 million, up 4.1% (up 7.0% after adding back one-off restructuring costs). The company's Services businesses continued to grow faster than the market, with Security solutions leading the way. Data#3 expects to continue delivering sustainable earnings growth for shareholders in FY25, benefiting from a growing market, pent-up demand for devices, and increased interest in multi-cloud solutions and AI.

Smart Parking Raises $40 Million for US Acquisition

Smart Parking Ltd (ASX:SPZ) has successfully completed the institutional component of its equity raising, raising $40 million through a placement and entitlement offer. The funds will be used to acquire Peak Parking, L.P., a Texas-based parking management company, as part of Smart Parking's strategy to expand its presence in the US market.

Overall, these leading tech and retail companies have demonstrated their resilience and ability to navigate challenging market conditions, with a mix of strong financial results, strategic investments, and a positive outlook for the future.