Technology One Ltd (OTCPK:THNOF)

$ 19.7 0 (0%) Market Cap: 6.27 Bil Enterprise Value: 6.14 Bil PE Ratio: 84.18 PB Ratio: 26.13 GF Score: 83/100

Half Year 2019 TechnologyOne Ltd Earnings Call Transcript

May 21, 2019 / 01:00AM GMT

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to TechnologyOne Half Year Results Roadshow. For this presentation, Edward Chung, Chief Executive Officer; and Stuart MacDonald, Chief Operating Officer, are in Sydney with invited analysts and shareholders. Paul Jobbins, Chief Financial Officer, is also on the call in Brisbane. There will be a presentation followed by a question-and-answer session. (Operator Instructions)

I would now like to hand the conference over to your host today, Mr. Edward Chung. Thank you, sir. Please go ahead.

Edward James Chung

Technology One Limited - CEO

Thanks, Charlie. Welcome, everyone, in the room here in Sydney. Thank you for coming. And welcome to all those on the phone call. Let's jump into the results. So you can see there that TechnologyOne has reported a half 1 net profit before tax of $24.5 million. And by all accounts, TechOne is a successful SaaS company with 2 really strong underlying key metrics: our SaaS business continues to grow strongly with SaaS fees recognized of $37.5 million, which is up

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