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Technology One Limited
(Sydney:TNE)
Technology One Limited (TNE) vs. iShares MSCI Australia ETF (EWA)
Technology One Limited Business Overview & Revenue Model
Technology One Limited Financial Statement Overview
| Breakdown | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 598.50M | 506.54M | 429.38M | 368.23M | 311.30M |
| Gross Profit | 516.56M | 445.38M | 179.04M | 205.11M | 167.13M |
| EBITDA | 265.85M | 224.29M | 185.48M | 152.27M | 125.17M |
| Net Income | 137.65M | 118.01M | 102.88M | 88.84M | 72.69M |
Balance Sheet | |||||
| Total Assets | 891.40M | 757.44M | 636.74M | 588.25M | 509.14M |
| Cash, Cash Equivalents and Short-Term Investments | 319.64M | 278.69M | 223.26M | 175.87M | 144.21M |
| Total Debt | 53.38M | 59.67M | 33.16M | 35.30M | 33.39M |
| Total Liabilities | 440.70M | 378.18M | 330.73M | 349.15M | 318.91M |
| Stockholders Equity | 450.70M | 379.26M | 306.01M | 239.10M | 190.23M |
Cash Flow | |||||
| Free Cash Flow | 188.14M | 120.11M | 103.53M | 75.51M | 62.06M |
| Operating Cash Flow | 294.53M | 212.75M | 193.66M | 142.80M | 114.99M |
| Investing Cash Flow | -150.44M | -291.12M | -115.13M | -67.28M | -63.16M |
| Financing Cash Flow | -103.45M | -64.70M | -56.22M | -43.86M | -32.87M |
Technology One Limited Technical Analysis
Technology One Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$910.05M | 11.05 | 65.33% | 10.16% | 25.67% | 744.90% | |
65 Neutral | AU$1.22B | 21.16 | 35.71% | 1.27% | 5.11% | 12.91% | |
63 Neutral | €8.11B | 91.29 | 32.67% | 0.83% | 18.16% | 16.25% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | AU$1.36B | 19.91 | 26.73% | 2.47% | -4.10% | 341.80% | |
56 Neutral | AU$624.32M | 13.57 | -3.19% | ― | 0.40% | -280.65% |
Technology One Limited Corporate Events
Technology One Limited has disclosed that Hyperion Asset Management Limited has ceased to be a substantial shareholder in the company, as required under Australian Corporations Act reporting rules. The notice records that Hyperion’s relevant interest in Technology One’s voting securities has fallen below the substantial holding threshold, with no new associates disclosed and the change detailed in an accompanying annexure.
The change in Hyperion’s position reduces the presence of this institutional investor on Technology One’s share register, potentially altering the mix of the company’s shareholder base. While no specific transaction details or strategic commentary were provided, such movements in substantial holdings can influence market perceptions of institutional support and may prompt closer scrutiny from other investors and stakeholders.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has notified the market of the issue of 7,700 new ordinary fully paid shares following the exercise or conversion of previously unquoted securities. The new shares, issued on 2 March 2026, reflect the conversion of unquoted options or other convertible instruments and result in a modest increase to the company’s issued capital, slightly diluting existing shareholders while fulfilling obligations under its equity arrangements.
The transaction underscores the ongoing use of equity-based incentives or financing structures within Technology One’s capital management framework. While the volume is small relative to the company’s overall capital base, the move marginally expands the free float of TNE shares on the ASX and signals continued engagement with long-term incentive or conversion programs for eligible stakeholders.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$28.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
TechnologyOne has unveiled Guide, a new AI-powered product aimed at giving residents and students faster, simpler access to essential public services and higher education support. The launch, showcased to investors in London, extends the company’s AI capabilities beyond institutional users to broader communities, reinforcing its position in government and education markets by deepening engagement with end users and potentially increasing the value of its SaaS+ platform.
By focusing Guide on citizen and student interactions, TechnologyOne is seeking to streamline how public services and universities deliver information and assistance, which may improve user satisfaction and operational efficiency for its clients. This strategy underlines the company’s push to embed AI more deeply into its offerings, supporting long-term adoption of its enterprise software as customers look to modernise service delivery and enhance digital experiences for their stakeholders.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$25.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has disclosed a change in director interests following an on‑market share purchase by board member Philip Davis. The filing, made under ASX listing rule 3.19A.2, outlines the acquisition as part of routine corporate governance reporting.
Davis acquired 4,000 fully paid ordinary shares in Technology One on 25 February 2026 via an on‑market trade. Following this transaction, his direct holding in the company stands at 4,000 shares, with no disclosure of any related contracts or derivative interests and confirmation the trade did not occur in a closed period.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$26.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has notified the market of the issue of 248,287 unquoted options under its employee incentive scheme, all carrying various exercise prices and expiry dates. The issuance, which is not intended to be quoted on the ASX, reinforces the company’s use of equity-based remuneration to retain and motivate staff, aligning employee interests with long-term shareholder value without immediately affecting the quoted share capital.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$25.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has disclosed a change in the relevant interests of director Debra Eckersley in the company’s fully paid ordinary shares. The notice details that her indirect holdings through Pindari Avenue Pty Ltd as trustee for the Eckersley Family Trust increased via an on-market purchase.
Eckersley’s indirect interest rose from 179 to 1,200 Technology One shares following the acquisition of 1,021 shares valued at $25,394.72, while her direct joint holding of 6,000 shares with Wayne Robert Eckersley remains unchanged. The transaction was conducted on market and did not occur during a closed trading period, indicating routine portfolio adjustment rather than a special corporate event.
The most recent analyst rating on (AU:TNE) stock is a Buy with a A$29.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has reported the cessation of certain equity-based incentives, with 30,270 options and 3,800 performance rights lapsing after the relevant conditions were not met or became incapable of being satisfied. The lapse slightly reduces the pool of potential future shares on issue, signalling that specific performance or service hurdles tied to these instruments were not achieved, though the overall impact on the company’s capital structure appears limited based on the modest volumes involved.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$24.50 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has issued 41,785 new ordinary fully paid shares following the conversion of previously unquoted options or other convertible securities, with the new securities dated 30 January 2026. The modest increase in issued capital reflects ongoing utilisation of employee or incentive-based equity arrangements and slightly broadens the company’s shareholder base without signaling any major change in capital structure or strategic direction.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$27.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has notified the market of the issue of 33,000 fully paid ordinary shares following the exercise or conversion of previously unquoted securities. The transaction, effective 29 January 2026, represents a small increase in the company’s issued capital and reflects the ongoing transition of unquoted options or convertible securities into listed equity, modestly expanding the shareholder base without signaling any broader operational changes in the disclosure.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$28.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has notified the ASX that 172,504 ordinary fully paid shares have been issued following the exercise or conversion of previously unquoted options or other convertible securities. The move modestly increases the company’s share capital and reflects ongoing participation in its long-term incentive or equity-based compensation arrangements, incrementally diluting existing shareholders while aligning management and employee interests with the company’s market performance.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$29.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
TechnologyOne has released the notice of its 2025 Annual General Meeting along with an amended sample proxy form after identifying an administrative error in the version lodged the previous day. The company clarified that the earlier proxy form incorrectly stated that the board recommended voting in favour of a resolution to increase the directors’ fee pool, whereas the board has made no recommendation on this item due to directors’ personal interests in the outcome, a correction aimed at ensuring accurate disclosure and governance transparency for shareholders.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$29.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has issued 7,403 new fully paid ordinary shares following the conversion or exercise of previously unquoted securities, as notified to the ASX on 9 January 2026. The relatively small issuance reflects routine equity conversions rather than a major capital raising, slightly increasing the company’s share count while signalling ongoing utilisation of equity-based incentive or convertible arrangements within its capital management strategy.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$31.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
Technology One Limited has announced the issuance of unquoted equity securities, including options and performance rights, as part of an employee incentive scheme. This move is likely aimed at enhancing employee engagement and retention, potentially strengthening the company’s operational capabilities and competitive position in the market.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$31.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.
TechnologyOne has addressed shareholder concerns regarding their CFO, Cale Bennett, who previously worked at Corporate Travel Management (CTM), a company currently in the news. Despite the issues at CTM, TechnologyOne’s leadership has expressed confidence in Bennett’s ability to continue leading their finance and corporate services teams, citing his positive impact on the company. The company will continue to monitor the situation at CTM and assess any new developments.
The most recent analyst rating on (AU:TNE) stock is a Hold with a A$31.00 price target. To see the full list of analyst forecasts on Technology One Limited stock, see the AU:TNE Stock Forecast page.