Hansen Technologies Limited (ASX: HSN)

Hansen Technologies Limited is a company that provides software and services aimed at the energy, water, and communications sectors. It focuses primarily on creating, merging, and maintaining billing system software specifically for energy and communications businesses. The company operates a segment dedicated to billing services, which entails the sales of billing software applications and billing-related consulting services.

Hansen Technologies offers a range of software products that assist energy and utilities companies in adopting digital technologies and infrastructure. Their services include options for community solar, energy services, digital transformation for distribution system operators, district heating, and support for emerging technology markets such as 5G, Internet of Things (IoT), as well as complex business-to-business (B2B) undertakings and multi-channel commerce solutions. Hansen Technologies is also known for its critical billing and customer management software products.

In terms of financial performance, the company’s trailing twelve months (TTM) revenue is reported at 330.40 million Australian dollars, with a net income of 44.24 million Australian dollars. Established in the year 2000, Hansen Technologies currently employs around 1,500 people. Notably, the company has seen a relatively stable net income, which shows a slight increase from 41.94 million Australian dollars to 42.80 million Australian dollars despite a 5.13% revenue growth from 296.55 million to 311.77 million Australian dollars. This situation is partially influenced by a rise in its selling, general, and administrative expenses as a share of its sales revenue.

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