- Technology One‘s net income for the fiscal year is A$118.0 million, marking a 15% increase from the previous year.
- The estimated net income was slightly higher at A$118.9 million, but the reported figure met expectations despite the slight shortfall.
- The company declared a final dividend per share of A$0.1737, a substantial increase from A$0.119 in the previous year.
- Total annual recurring revenue reached A$470.2 million, showcasing the company’s growth in sustained income streams.
- Market sentiment shows a mixed outlook with 7 analysts recommending a buy, 7 suggesting a hold, and 2 advising a sell on the company’s stock.
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A look at Technology One Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Technology One Limited, an Australian-based company specializing in financial management and enterprise software solutions, holds promising long-term potential according to Smartkarma Smart Scores. With a solid score of 4 for Growth, the company is projected to experience substantial expansion in the future, reflecting positively on its business trajectory. Additionally, achieving top marks of 5 for Resilience and Momentum underscores the company’s capability to navigate challenges effectively and maintain a strong market position.
While Technology One‘s Value and Dividend scores stand at 2, indicating room for improvement in these areas, the high scores for Growth, Resilience, and Momentum showcase the company’s overall positive outlook. With operations spanning across New Zealand, the United Kingdom, the South Pacific, and Malaysia, Technology One continues to fortify its presence in key markets while demonstrating a robust performance in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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