Australia's TechnologyOne tumbles after annual profit miss

TECHNOLOGY ONE

17/11/2025 23:47

** Shares of enterprise software co TechnologyOne TNE.AX fall as much as 15.1% to A$30.00, their lowest since April 30

** Stock posts its biggest intraday percentage drop since May 2019 and is the worst performer on ASX 200 benchmark index .AXJO

** Co posts 17% rise in FY profit after tax to A$137.6 million ($89.37 million), but misses Visible Alpha consensus estimate of A$139.9 million

** Declares final dividend of 20.0 Australian cents and special dividend of 10.0 Australian cents per share

** Stock down ~3.8% YTD, including day's move

($1 = 1.5396 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)

 ((Himanshi.Akhand@thomsonreuters.com;))