Information Technology
Technology One Limited (TNE)
Technology One Limited (ASX:TNE) is an Australian software developer providing financial management systems, enterprise resource planning (ERP), and education management software primarily to the public sector, education, and retail sectors across Australia, New Zealand, and the UK. Key products include OneCloud, a SaaS platform for ERP, and EducationOne for education management.
Market Cap
A$7.4B
Shares on Issue
N/A
Price Chart
AI Analysis
Technology One Limited is in a strong market position, leveraging its established customer base and recurring revenue model from its cloud offerings. Recent performance has shown steady growth, with a market cap of A$7.4B reflecting its mid-cap status in the ASX. Key metrics highlight a stable financial foundation, though growth rates may face pressure from increased cloud competition.
The company's growth outlook is tied to the successful migration of its client base to OneCloud, strategic acquisitions to bolster its product suite, and expansion into new geographic markets. Challenges include intense competition from global SaaS providers and the need for continuous innovation to maintain market share.
Bull Case
- • Successful cloud transition drives high-margin recurring revenue growth
- • Strategic acquisitions expand product offerings and customer base
- • International expansion, particularly in the UK and New Zealand, yields significant new contracts
Bear Case
- • Intensified competition from global tech giants hampers market share growth
- • Higher-than-anticipated costs in transitioning clients to OneCloud impact margins
- • Regulatory changes in key sectors (e.g., education, public sector) reduce spending on software
Recent Announcements
Notification regarding unquoted securities - TNE
Notification regarding unquoted securities - TNE
Notification regarding unquoted securities - TNE
Change in substantial holding
Notice of Annual General Meeting/Proxy Form
FAQs
What does TNE do?
Technology One provides cloud-based software solutions for financial management, ERP, and education management to sectors like public, education, and retail.
Is TNE a good investment?
TNE offers a balance of dividend yield and growth potential, but investors should weigh this against the speculative nature of tech sector volatility and competition risks.
What drives TNE's share price?
Key drivers include cloud revenue growth rates, successful client migrations to OneCloud, strategic acquisition announcements, and global tech market trends.
Key Metrics
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