Technology One smashes profit records, eyes $1bn ARR by FY30

Technology One Limited announced a record profit before tax of A$181.5 million for the year ended 30 September 2025, an increase of 19% on FY24, surpassing its own guidance. Total Annual Recurring Revenue (ARR) grew 18% to A$554.6 million, reaching the A$500 million target 18 months ahead of schedule. The company has now set an ambitious long-term target of A$1 billion+ ARR by FY30.

Shareholders will benefit from a total dividend of A$0.3660 per share, a 63% increase from the prior year, including a special dividend of A$0.1000 per share. This reflects a strong balance sheet with A$319.6 million in cash and investments, and a Free Cash Flow of A$184.2 million, 134% of Net Profit after Tax.

Strategic acquisitions, such as CourseLoop in November 2024 for A$60 million, and a A$153.7 million investment in R&D (25% of total revenue), underpin future growth. Employee-related equity needs are now met by purchasing shares on-market, with A$30.4 million spent acquiring 750,000 shares in FY25. Additionally, 15,000 ordinary shares were issued on 20 November 2025 as a result of exercised options from an employee incentive scheme, while 12,235 options and 1,134 performance rights ceased due to unfulfilled conditions.