Technology One Limited (ASX: TNE)

Technology One Income Statement

Financials in millions AUD. Fiscal year is October - September.

Year	2023	2022	2021	2020	2019
Revenue	429.38	368.23	311.3	298.27	284.99
Revenue Growth (YoY)	16.60%	18.29%	4.37%	4.66%	12.65%
Cost of Revenue	181.45	163.12	144.17	151.86	152.77
Gross Profit	247.93	205.11	167.13	146.41	132.22
Selling, General & Admin	64.88	45.41	35.09	38.19	45.39
Research & Development	34.06	23.38	13.43	6.1	0.56
Other Operating Expenses	7.85	0.73	0.49	0.4	0.81
Operating Expenses	120.09	91.37	68.02	62.8	56.44
Operating Income	119.99	113.01	98.62	83.21	74.97
Interest Income	2.02	1.42	1.27	1.14	0.61
Interest Expense	2.12	1.84	1.49	1.5	0.02
Other Expense / Income	-9.97	0.26	0.55	0.39	-0.84
Pretax Income	129.85	112.32	97.84	82.47	76.39
Income Tax	26.98	23.48	25.15	19.53	17.93
Net Income	102.88	88.84	72.69	62.95	58.46
Net Income Growth	15.80%	22.22%	15.48%	7.67%	169.51%
Shares Outstanding (Basic)	324	323	321	319	317
Shares Outstanding (Diluted)	326	324	323	321	320
Shares Change	0.54%	0.54%	0.56%	0.46%	0.89%
EPS (Basic)	0.32	0.28	0.23	0.20	0.18
EPS (Diluted)	0.32	0.27	0.23	0.20	0.18
EPS Growth	18.52%	17.39%	15.00%	11.11%	162.77%
Free Cash Flow	103.53	75.51	62.06	58.67	74.49
Free Cash Flow Per Share	0.32	0.23	0.19	0.18	0.23
Gross Margin	57.74%	55.70%	53.69%	49.09%	46.39%
Operating Margin	27.95%	30.69%	31.68%	27.90%	26.30%
Profit Margin	23.96%	24.13%	23.35%	21.10%	20.51%
Free Cash Flow Margin	24.11%	20.51%	19.94%	19.67%	26.14%
Effective Tax Rate	20.78%	20.90%	25.71%	23.68%	23.47%
EBITDA	173.39	151.04	124.42	106.71	81.09
EBITDA Margin	40.38%	41.02%	39.97%	35.78%	28.45%
Depreciation & Amortization	53.5	38.11	25.83	18.64	3.95
EBIT	119.88	112.93	98.59	88.08	77.14
EBIT Margin	27.92%	30.67%	31.67%	29.53%	27.07%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.