Technology One: Supercharging ARR

About the author:

Nick Harris
Author name:
By Nick Harris
Job title:
Senior Analyst
Date posted:
22 November 2023, 8:00 AM
Sectors Covered:
Telecommunications, Technology

  • Technology One's (ASX:TNE) result was slightly better than expected with revenue momentum being the highlight, in our view. Management brought forward their $500m ARR target to FY25, from FY26. In 1H20 this was targeted for FY24, but pushed to FY26 in FY21.
  • Marginal forecast changes, TP increased to (login to view) on refresh and Hold retained.

Find out more

Download full research note

If you would like more information, please contact your adviser or nearest Morgans office. 

Request a call Find local branch

Disclaimer: The information contained in this report is provided to you by Morgans Financial Limited as general advice only, and is made without consideration of an individual's relevant personal circumstances. Morgans Financial Limited ABN 49 010 669 726, its related bodies corporate, directors and officers, employees, authorised representatives and agents (“Morgans”) do not accept any liability for any loss or damage arising from or in connection with any action taken or not taken on the basis of information contained in this report, or for any errors or omissions contained within. It is recommended that any persons who wish to act upon this report consult with their Morgans investment adviser before doing so.

  • Print this page
  • Copy Link