Buy Or Sell Opportunity • Jun 02
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 37% to €20.40. The fair value is estimated to be €16.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Declared Dividend • May 21
First half dividend of AU$0.08 announced Shareholders will receive a dividend of AU$0.08. Ex-date: 28th May 2026 Payment date: 12th June 2026 Dividend yield will be 1.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 62% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 20
First half 2026 earnings released: EPS: AU$0.20 (vs AU$0.19 in 1H 2025) First half 2026 results: EPS: AU$0.20 (up from AU$0.19 in 1H 2025). Revenue: AU$318.4m (up 12% from 1H 2025). Net income: AU$66.8m (up 6.1% from 1H 2025). Profit margin: 21% (down from 22% in 1H 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Jan 13
Technology One Limited, Annual General Meeting, Feb 18, 2026 Technology One Limited, Annual General Meeting, Feb 18, 2026. Location: brisbane sofitel, ballroom le grand on level 2, 249 turbot street, brisbane qld 4000 Australia Aankondiging • May 22
Technology One Limited Announces Franked Ordinary Fully Paid Dividend for Six Months Ended March 31, 2025, Payable on June 13, 2025 On May 20, 2025, Technology One Limited announced Franked ordinary fully paid dividend distribution of AUD 0.06600000 per security for six months ended March 31, 2025. Ex Date is May 29, 2025. Record Date is May 30, 2025. Payment Date is June 13, 2025. Aankondiging • Jul 01
TechnologyOne Announces Appointment of Paul Robson as an Independent, Non-Executive Director TechnologyOne announced on 01 July 2024, the immediate appointment of Paul Robson as an independent, Non-Executive Director. Paul's extensive experience in building and scaling SaaS businesses in APAC and EMEA, coupled with his expertise in strategic transformation and operational efficiency, will be invaluable as continue to drive growth and innovation on global SaaS platform. His background in sales leadership, strategic transformation, operational efficiency and product innovation highlights a broader skill set in managing complex business challenges. His decade-long tenure at Adobe laid the foundation for innovative cloud-based solutions, where he spearheaded the global pilot for Creative Cloud, marking a significant shift from desktop to cloud computing. Mr. Robson is a graduate member of the Australian Institute of Company Directors. Buy Or Sell Opportunity • Jun 11
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to €11.40. The fair value is estimated to be €9.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Declared Dividend • May 23
First half dividend of AU$0.051 announced Shareholders will receive a dividend of AU$0.051. Ex-date: 30th May 2024 Payment date: 14th June 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.5%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 47% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.5% to €10.80. The fair value is estimated to be €8.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Reported Earnings • May 22
First half 2024 earnings released: EPS: AU$0.15 (vs AU$0.13 in 1H 2023) First half 2024 results: EPS: AU$0.15 (up from AU$0.13 in 1H 2023). Revenue: AU$240.8m (up 20% from 1H 2023). Net income: AU$48.0m (up 16% from 1H 2023). Profit margin: 20% (in line with 1H 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. CEO, MD & Director Ed Chung was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Mar 25
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 8.7% to €10.00. The fair value is estimated to be €8.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Buy Or Sell Opportunity • Mar 01
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.9% to €10.00. The fair value is estimated to be €8.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Buy Or Sell Opportunity • Jan 25
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.4% to €9.40. The fair value is estimated to be €7.81, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Recent Insider Transactions • Nov 29
CEO, MD & Director recently sold €2.3m worth of stock On the 28th of November, Edward Chung sold around 255k shares on-market at roughly €9.16 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Edward's only on-market trade for the last 12 months. Reported Earnings • Nov 26
Full year 2023 earnings released: EPS: AU$0.32 (vs AU$0.28 in FY 2022) Full year 2023 results: EPS: AU$0.32 (up from AU$0.28 in FY 2022). Revenue: AU$429.4m (up 17% from FY 2022). Net income: AU$102.9m (up 16% from FY 2022). Profit margin: 24% (in line with FY 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Aankondiging • Nov 21
Technology One Limited Announces Special Dividend for Six Months Ended September 30, 2023, Payable on December 15, 2023 Technology One Limited announced special dividend of AUD 0.03000000 relates to a period of six months ended September 30, 2023 Ex Date of November 30, 2023, Record Date of December 1, 2023 and Payment Date is December 15, 2023. Buying Opportunity • Nov 20
Now 20% undervalued Over the last 90 days, the stock is up 9.2%. The fair value is estimated to be €11.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Aankondiging • Aug 15
Technology One Limited Appoints Edward Chung to the Board as Managing Director Technology One Limited announced that Chief Executive Officer (CEO), Mr. Edward Chung, has been appointed to the Board as Managing Director and CEO with effect from 15 August 2023. Mr. Chung was previously appointed as CEO in May 2017. Appointed was appointed CEO in May 2017 after more than 10 years in senior executive roles at TechnologyOne, including one and a half years as the company's Chief Operations Officer. From 2014, Ed headed up TechnologyOne's products and solutions division, including R&D where he led the team that transitioned the business into a fully SaaS-based organisation. Prior to that he led the finance and corporate services division and developed the commercial frameworks to drive the company's expansion. Aankondiging • Jul 17
Technology Appoints Cale Bennett as CFO Technology One announced Cale Bennett, Global CFO will be leaving Corporate Travel Management Limited and taking up a career opportunity as CFO at TechnologyOne. A mutually agreed separation date of 28 July 2023 has been agreed between CTM and TechnologyOne to ensure a smooth transition for both companies. Reported Earnings • May 23
First half 2023 earnings released: EPS: AU$0.13 (vs AU$0.10 in 1H 2022) First half 2023 results: EPS: AU$0.13 (up from AU$0.10 in 1H 2022). Revenue: AU$201.0m (up 17% from 1H 2022). Net income: AU$41.3m (up 24% from 1H 2022). Profit margin: 21% (up from 19% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 19% per year. Aankondiging • May 23
Technology One Limited Announces Dividend, Payable on June 16, 2023 Technology One Limited announced dividend of AUD 0.04620000. Ex date is June 1, 2023. Record date is June 2 2023. Payment date is June 16, 2023. Board Change • Apr 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Chair Pat O'Sullivan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 04
Independent Non-Executive Director recently sold €127k worth of stock On the 2nd of December, Richard Anstey sold around 14k shares on-market at roughly €9.07 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €37k more than they sold in the last 12 months. Recent Insider Transactions • May 27
Key Executive recently bought €164k worth of stock On the 24th of May, Patrick Redmond O'Sullivan bought around 24k shares on-market at roughly €6.77 per share. This was the largest purchase by an insider in the last 3 months. Patrick Redmond has been a buyer over the last 12 months, purchasing a net total of €253k worth in shares. Reported Earnings • May 25
First half 2022 earnings released: EPS: AU$0.10 (vs AU$0.088 in 1H 2021) First half 2022 results: EPS: AU$0.10 (up from AU$0.088 in 1H 2021). Revenue: AU$172.0m (up 19% from 1H 2021). Net income: AU$33.2m (up 18% from 1H 2021). Profit margin: 19% (in line with 1H 2021). Over the next year, revenue is forecast to grow 11%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 23
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: AU$0.23 (up from AU$0.20 in FY 2020). Revenue: AU$311.3m (up 4.4% from FY 2020). Net income: AU$72.7m (up 16% from FY 2020). Profit margin: 23% (up from 21% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 11%, compared to a 29% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 29% per year. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 16% share price gain to €7.25, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 32x in the Software industry in Germany. Total returns to shareholders of 123% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €7.35 per share. Recent Insider Transactions • Jul 15
Key Executive recently bought €89k worth of stock On the 9th of July, Patrick Redmond O'Sullivan bought around 16k shares on-market at roughly €5.73 per share. This was the largest purchase by an insider in the last 3 months. This was Patrick Redmond's only on-market trade for the last 12 months. Recent Insider Transactions • Jun 08
Non-Executive Director recently sold €22m worth of stock On the 2nd of June, John MacTaggart sold around 4m shares on-market at roughly €5.52 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €39m more than they bought in the last 12 months. Reported Earnings • May 27
First half 2021 earnings released: EPS AU$0.088 (vs AU$0.06 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: AU$144.3m (up 4.6% from 1H 2020). Net income: AU$28.2m (up 48% from 1H 2020). Profit margin: 20% (up from 14% in 1H 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 27% per year. Is New 90 Day High Low • Mar 13
New 90-day high: €5.75 The company is up 13% from its price of €5.10 on 11 December 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.19 per share. Executive Departure • Feb 23
Independent Non-Executive Director has left the company On the 23rd of February, Kevin Blinco's tenure as Independent Non-Executive Director ended after 16.9 years in the role. As of December 2020, Kevin personally held 190.00k shares (€969k worth at the time). Kevin is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Jan 08
New 90-day low: €4.94 The company is down 1.0% from its price of €5.00 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Software industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.02 per share. Recent Insider Transactions • Dec 02
Independent Non-Executive Director recently sold €58k worth of stock On the 1st of December, Kevin Blinco sold around 10k shares on-market at roughly €5.78 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €39m more than they bought in the last 12 months. Analyst Estimate Surprise Post Earnings • Nov 25
Revenue misses expectations Revenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 6.8%, compared to a 14% growth forecast for the Software industry in Germany. Reported Earnings • Nov 25
Full year 2020 earnings released: EPS AU$0.20 The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: AU$298.3m (up 4.7% from FY 2019). Net income: AU$62.9m (up 7.7% from FY 2019). Profit margin: 21% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 20% per year and the company’s share price has also increased by 20% per year. Is New 90 Day High Low • Nov 07
New 90-day high: €5.55 The company is up 12% from its price of €4.94 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.26 per share. Is New 90 Day High Low • Oct 21
New 90-day high: €5.25 The company is up 2.0% from its price of €5.15 on 23 July 2020. The German market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.03 per share. 
