Technology One Management
Management criteria checks 3/4
Technology One's CEO is Ed Chung, appointed in May 2017, has a tenure of 2.75 years. total yearly compensation is A$4.47M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth A$20.89M. The average tenure of the management team and the board of directors is 3.1 years and 4 years respectively.
Key information
Ed Chung
Chief executive officer
AU$4.5m
Total compensation
| CEO salary percentage | 18.77% |
| CEO tenure | 9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.1yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Narrative Update • May 21
TNE: Index Removals Will Set Up Future Margin Upside Opportunity
Analysts have trimmed their price target on Technology One from A$36.50 to A$34.00. This reflects updated assumptions that combine slightly higher profit margin expectations with revised views on revenue growth, discount rate and future P/E levels.Narrative Update • Apr 29
TNE: Index Removals Will Create Future Margin Upside Opportunity
Analysts have reduced their price target on Technology One by A$2.20 to A$36.50, citing updated assumptions that include slightly higher revenue growth, a modestly stronger profit margin, a marginally lower discount rate and a reduced future P/E multiple. What's in the News Technology One Limited (ASX:TNE) was removed from the S&P International 700 index, which can affect how some index and benchmark focused investors gain exposure to the stock (Key Developments).
Narrative Update • Apr 15
TNE: Index Removals Will Create Future Opportunity From Modestly Lowered Expectations
Analysts have trimmed their price target for Technology One by A$0.76 to reflect updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Technology One Limited (ASX:TNE) removed as a constituent of the S&P International 700 Index (Index Constituent Drops).Narrative Update • Mar 31
TNE: Index Removals Will Present Long Term Margin Upside Opportunity
Analysts have trimmed their price target on Technology One from A$40.32 to A$38.70. This reflects slightly different assumptions around discount rates, revenue growth, profit margins and future P/E multiples, while maintaining a broadly similar view on the company.Narrative Update • Mar 17
TNE: Higher Margin Outlook Will Support Future Upside Potential
Analysts have reduced their price target for Technology One from A$44.55 to A$40.32, citing updated assumptions for discount rate, revenue growth, profit margins and future P/E that result in a slight adjustment to the valuation outlook. Valuation Changes Fair Value: Adjusted from A$44.55 to A$40.32, indicating a modest reduction in the assessed value per share.Narrative Update • Mar 03
TNE: Higher Growth Assumptions And Margins Will Support Future Upside
Analysts have trimmed their price target on Technology One to A$32.23 from A$34.87. This reflects updated assumptions around a slightly higher discount rate, modestly stronger revenue growth at 14.47%, a marginally higher profit margin of 25.71%, and a lower future P/E of 57.47x.
Narrative Update • Feb 17
TNE: Elevated P/E And Refined Assumptions Will Shape Balanced Future Returns
Analysts have trimmed their price target for Technology One slightly to A$22.99 from A$23.44. This reflects updated fair value assumptions that factor in revised discount rate, revenue growth, profit margin and future P/E inputs.Analysis Article • Feb 11
Why We Think Shareholders May Be Considering Bumping Up Technology One Limited's (ASX:TNE) CEO Compensation
Key Insights Technology One's Annual General Meeting to take place on 18th of February Total pay for CEO Ed Chung...Narrative Update • Feb 03
TNE: Elevated P/E And M&A Plans Will Shape Balanced Future Returns
Analysts have trimmed their price target for Technology One to A$23.44 from A$23.74, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples. What's in the News Technology One is actively seeking acquisitions that add new intellectual property to its portfolio, with management highlighting interest in targets that fit its existing verticals and regions (Full Year Results announcement).Narrative Update • Jan 20
TNE: Elevated P/E And Acquisition Plans Will Restrain Future Returns
Analysts now see Technology One's fair value at A$23.74, up from A$22.71, reflecting updated assumptions for revenue growth, profit margins, and a higher future P/E multiple, despite a slightly higher discount rate. What's in the News Technology One declared a special dividend of A$0.10 per share for the six months ended 30 September 2025 (Key Developments).Narrative Update • Jan 06
TNE: Special Dividend And Disciplined M&A Will Support Future Upside
Analysts have nudged their price target for Technology One slightly higher to A$44.55, reflecting small adjustments to assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Technology One is actively looking for acquisitions that add new IP to its portfolio, with management highlighting interest in targets that fit the verticals and regions it already serves (Full Year Results announcement).Analysis Article • Jan 03
Technology One's (ASX:TNE) Returns On Capital Not Reflecting Well On The Business
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Narrative Update • Dec 18
TNE: Index Inclusions And Special Dividend Will Support Future Upside
Analysts have slightly reduced their price target on Technology One from A$45.70 to A$44.55, citing a modestly higher discount rate and lower margin assumptions that more than offset stronger expected revenue growth. What's in the News Technology One is actively seeking disciplined acquisitions to add new intellectual property and support inorganic growth, leveraging its strong cash flow and AI enabled platform (company results commentary) The company announced a special dividend of 10.0 cents per share for the six months ended September 30, 2025 (company announcement) The final dividend was increased to 20.0 cents per share for the six months ended September 30, 2025, up 15% on the prior comparable period (company announcement) Technology One was added to the S&P/ASX 50 Index, reflecting its growing scale and market significance (index provider) The company was also included in the S&P International 700 and S&P Global 1200 indices, broadening its exposure to global investors (index provider) Valuation Changes Fair Value: reduced slightly from A$45.70 to A$44.55 per share, reflecting a modestly lower valuation despite stronger growth assumptions.Narrative Update • Dec 04
TNE: Index Inclusions And Rising Dividends Will Drive Future Upside
Narrative Update on Technology One The analyst price target for Technology One has been revised slightly lower to approximately A$34.87 from about A$35.58, as analysts factor in a marginally higher discount rate that more than offsets modest upgrades to long term revenue growth and profit margin assumptions, alongside a slightly lower future P/E multiple. What's in the News Technology One declared a special dividend of 10.0 cents per share for the six months ended September 30, 2025, highlighting strong cash generation and balance sheet capacity (company announcement).Narrative Update • Nov 20
TNE: Index Additions And Strong Dividend Outlook Will Drive Future Upside
Analysts have lowered their price target for Technology One from $37.51 to $35.58, citing slightly reduced estimates for revenue growth and profit margins in their updated outlook. What's in the News Declared a special dividend of 10.0 cents per share for the six months ended September 30, 2025 (company statement) Final dividend of 20.0 cents per share declared for the six months ended September 30, 2025.Analysis Article • Nov 19
Technology One Limited (ASX:TNE) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
The Technology One Limited ( ASX:TNE ) share price has fared very poorly over the last month, falling by a substantial...Analysis Article • Oct 18
Here's Why We Think Technology One (ASX:TNE) Might Deserve Your Attention Today
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Sep 24
Overvaluation Will Encounter Regulatory Headwinds And SaaS Resilience
The slight increase in Technology One's future P/E ratio reflects marginally higher market expectations despite consensus revenue growth remaining steady, resulting in a minimal upward revision of the consensus analyst price target from A$36.92 to A$37.51. What's in the News Technology One Limited added to S&P Global 1200.Narrative Update • Aug 27
Overvaluation Will Encounter Regulatory Headwinds And SaaS Resilience
Technology One’s consensus price target saw a marginal increase, supported by broadly unchanged key valuation metrics, with the future P/E and discount rate remaining steady, resulting in a minor fair value revision from A$36.28 to A$36.92. Valuation Changes Summary of Valuation Changes for Technology One The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from A$36.28 to A$36.92.
New Narrative • Dec 02
Shift To SaaS+ And Heavy R&D Investment May Limit Short-Term Profits But Fuel Future Growth
Integration of CourseLoop into their ERP suite aims to enhance market presence and boost revenue in the education sector.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | AU$141m |
| Dec 31 2025 | n/a | n/a | AU$140m |
| Sep 30 2025 | AU$4m | AU$840k | AU$138m |
| Jun 30 2025 | n/a | n/a | AU$135m |
| Mar 31 2025 | n/a | n/a | AU$133m |
| Dec 31 2024 | n/a | n/a | AU$125m |
| Sep 30 2024 | AU$4m | AU$829k | AU$118m |
| Jun 30 2024 | n/a | n/a | AU$114m |
| Mar 31 2024 | n/a | n/a | AU$110m |
| Dec 31 2023 | n/a | n/a | AU$106m |
| Sep 30 2023 | AU$3m | AU$521k | AU$103m |
| Jun 30 2023 | n/a | n/a | AU$100m |
| Mar 31 2023 | n/a | n/a | AU$97m |
| Dec 31 2022 | n/a | n/a | AU$93m |
| Sep 30 2022 | AU$2m | AU$513k | AU$89m |
| Jun 30 2022 | n/a | n/a | AU$83m |
| Mar 31 2022 | n/a | n/a | AU$78m |
| Dec 31 2021 | n/a | n/a | AU$75m |
| Sep 30 2021 | AU$2m | AU$506k | AU$73m |
| Jun 30 2021 | n/a | n/a | AU$72m |
| Mar 31 2021 | n/a | n/a | AU$72m |
| Dec 31 2020 | n/a | n/a | AU$68m |
| Sep 30 2020 | AU$2m | AU$508k | AU$63m |
| Jun 30 2020 | n/a | n/a | AU$61m |
| Mar 31 2020 | n/a | n/a | AU$60m |
| Dec 31 2019 | n/a | n/a | AU$59m |
| Sep 30 2019 | AU$2m | AU$508k | AU$58m |
Compensation vs Market: Ed's total compensation ($USD3.22M) is about average for companies of similar size in the Australian market ($USD2.80M).
Compensation vs Earnings: Ed's compensation has increased by more than 20% in the past year.
CEO
Ed Chung
9yrs
Tenure
AU$4,473,734
Compensation
Mr. Edward James Chung, also known as Ed, BCom, MCom, CA, FTIA, AICD, serves as Managing Director & Director at TechnologyOne Limited since August 15, 2023. He has been the Chief Executive Officer at Techn...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 9yrs | AU$4.47m | 0.21% A$ 20.9m | |
| Chief Financial Officer | 2.8yrs | AU$1.64m | 0.00023% A$ 22.4k | |
| Chief Operating Officer | 9yrs | AU$2.47m | 0.0017% A$ 165.6k | |
| Chief Technology Officer | 3.1yrs | no data | no data | |
| Head of Governance | 9.1yrs | no data | no data | |
| Group General Counsel & Company Secretary | 3.9yrs | no data | no data | |
| Executive Vice President of Sales & Marketing | 1.1yrs | no data | no data | |
| Executive Vice President of People & Culture | 2.3yrs | no data | no data | |
| Executive Vice President of Education | 5.3yrs | no data | no data | |
| Executive Vice President of Local Government | 1.3yrs | no data | no data | |
| Executive Vice President of Consulting | 1.5yrs | no data | no data |
3.1yrs
Average Tenure
Experienced Management: TNE's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 2.8yrs | AU$4.47m | 0.21% A$ 20.9m | |
| Independent Non-Executive Director | 10.3yrs | AU$221.09k | 0.0094% A$ 912.6k | |
| Independent Non-Executive Director | less than a year | no data | 0.0012% A$ 119.8k | |
| Chair & Lead Independent Director | 5.2yrs | AU$327.54k | 0.016% A$ 1.5m | |
| Independent Non-Executive Director | 1.8yrs | AU$191.07k | 0.0025% A$ 240.6k | |
| Independent Non-Executive Director | 8.3yrs | AU$191.07k | 0.0056% A$ 545.4k | |
| Independent Non-Executive Director | less than a year | no data | 0.0022% A$ 215.3k | |
| Independent Non-Executive Director | 6.2yrs | AU$221.09k | 0.0067% A$ 653.6k |
4.0yrs
Average Tenure
Experienced Board: TNE's board of directors are considered experienced (4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/31 04:05 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Technology One Limited is covered by 27 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Josh Kannourakis | Barrenjoey Markets Pty Limited |
| Chris Savage | Bell Potter |
| Ware Kuo | BofA Global Research |