Brief: TechnologyOne Ltd Says FY Total Revenue Of A$369.4 Mln, Up 18%

TECHNOLOGY ONE

21/11/2022 23:36

Nov 22 (Reuters) - TechnologyOne Ltd  TNE.AX :
    * FY TOTAL REVENUE OF A$369.4M, UP 18%
    * FY PROFIT AFTER TAX OF A$88.8 MILLION, UP 22%
    * FY TOTAL DIVIDEND OF 17.02 AU CENTS PER SHARE
    * FY SPECIAL DIVIDEND OF 2.0 AU CPS
    * FY TOTAL ANNUAL RECURRING REVENUE OF A$320.7 MILLION, UP
25%
    * EXPECT MARGIN GROWTH TO RETURN IN FY23
    * SEES GROUP MARGINS CONTINUING TO IMPROVE TO 35%+ IN COMING
YEARS
    * SYNERGIES DELIVERED IN FY22 WILL REDUCE SCIENTIA EXPENSES
IN
FY23

Source text for Eikon:  ID:nASX2l08JT 
Further company coverage:  TNE.AX 
 ((Reuters.Briefs@thomsonreuters.com;))