TechnologyOne is one of the largest publicly listed IT companies in Australia. We have been listed on the Australian Securities Exchange (ASX) since December 1999 under the code TNE.
We have been continually profitable since 1992, returning compound annual growth of 30% net profit after tax and a return on equity of 30% per annum. Our half year ending 31 March 2008 shows continuing strong growth, with revenue up 30% to $49.5 million and profit after tax up 15% to $6.97 million. In the 2007 financial year, the company recorded a net profit after tax of $14.8 million (up 20%), and revenue of $78.4 million (an increase of 18%), after expensing all R&D costs of $13.8 million into R&D this financial year (up from $12.7 million in 2006).
TechnologyOne has a total commitment to full market disclosure and unusual for a company in the technology sector, we fully expense our R&D to ensure a clean and transparent balance sheet.
The company also has a proud history of continuing to provide dividends to shareholders with one of the highest dividend yields on the ASX.
TechnologyOne's software is currently installed in hundreds of leading, well known organisations across Australasia and the company has 15 offices located in each State and Territory of Australia, New Zealand, Asia and the UK.
See our latest Annual Report.
See our latest ASX Announcement.
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