Company Information
Technology One Limited (ASX: TNE)
TechnologyOne Limited is an enterprise software company based in Australia. The firm specializes in creating, selling, and supporting a comprehensive suite of enterprise business software solutions. It operates through two main divisions: Software and Consulting. Their Software division focuses on sales, marketing, research, development, and providing a Software as a Service (SaaS) platform.
Meanwhile, the Consulting division offers services related to their software products. TechnologyOne boasts a variety of enterprise business software solutions catering to functions such as business analytics, corporate performance management, local government digital experiences, asset management, budgeting, cash receipting, content management, financials, human resources and payroll, performance planning, and property and rating.
The company, which was founded in 1983, achieved a revenue of AUD 429.38 million and a net income of AUD 102.88 million over the trailing twelve months. It has a workforce of 714 employees. The annual revenue of TechnologyOne grew by 16.60% from AUD 368.23 million, while its net income increased by 15.80% from AUD 88.84 million to AUD 102.88 million.
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Technology One Limited (ASX: TNE) Live Chart
Technology One Limited (ASX: TNE) Forecast
Technology One Limited has been analyzed by three Wall Street analysts who have given 12-month price targets for the company’s shares. On average, they have set a target price of AU$16.87. The highest price target among the analysts is AU$18.49, while the lowest is AU$14.00. This average target price suggests a potential upside of 4.52% from the company‚Äôs last trading price of AU$16.14.
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