Technology One Limited · ASX:TNE

Technology One — Shareholder Meeting (February 2023)

27 slides from Technology One's shareholder meeting presentation, Feb 22, 2023

  1. Slide 1: FY22 Annual General Meeting

    For personal use only FY22 Annual General Meeting Ended 30 September 2022 22 February 2023 Commercial in confidence

  2. Slide 2: Disclosure Statement

    Disclosure Statement For personal use only TechnologyOne Ltd Annual General Meeting – 22 February 2023 Technology One Ltd (ASX: TNE) today conducted its Annual General Meeting at the Brisbane Convention & Exhibition Centre. These slides have been lodged with the ASX and are also available on the com

  3. Slide 3: Agenda

    For personal use only Agenda • Financial Results & Significant Achievements • Outlook for FY23 • Long Term Outlook

  4. Slide 4: Clear Strategy

    Clear For personal use only Strategy ERP software – Deepest functionality Global SaaS Mission critical for the markets we Solution – One products serve Global Line In 2008, we had 11 products, Mission critical products which Our SaaS customers in 2022, we have 16 products power our customers unlock

  5. Slide 5: Record SaaS ARR growth of 43%

    For personal use only Record SaaS ARR growth of 43% SaaS ARR $274.2m

  6. Slide 6: Record Total ARR Growth of 25%

    For personal use only Record Total ARR Growth of 25% Total ARR $320.7m

  7. Slide 7: Customers on TechnologyOne SaaS Platform up 27%

    Customers on TechnologyOne SaaS Platform is up 27% pcp Large scale enterprise customers – Mission critical software Millions of users For personal use only

  8. Slide 8: Record Profit

    Record Profit For personal use only Net Profit After Tax up 22% $88.8m to $88.8m $62.9m $72.7m $58.5m $51.0m $44.5m $41.3m $35.8m $31.0m $27.0m $23.6m Net Profit Before Tax up 15% to $112.3m Top End of Guidance, 13 consecutive years of Record Profit 11

  9. Slide 9: Surpass $500m+ ARR by FY26

    For personal use only Surpass $500m+ ARR by FY26

  10. Slide 10: Dividend up 22%

    Dividend up 22% Full year dividend increased For personal use only Confidence in the outlook Retaining significant fire power to invest in growth Half 1 4.20 cps, up 10% (60% franked1) Half 2 10.82 cps, up 7% (60% franked1) Dividend last ten years Up 22% Up Up 8% Total 15.02 cps, up 8% Up 8% 2.00 Up

  11. Slide 11: Profit margin to improve to 35%+ in the next few years

    Profit margin to improve to 35%+ in the next few years For personal use only FY22 Profit Before Tax Margin was 30% 32% Scientia Impact Driven by the significant economies of scale from our single instance global SaaS ERP solution 17% 18% 19% 21% 21% 21% 21% 22% 27% 29% 31% 30% 1 FY11 FY12 FY13 FY14

  12. Slide 12: Balance Sheet and Cash Flow

    Balance Sheet Cash Flow For personal use only Cash and Equivalents Up 22% NPAT versus Cash Flow Generation $32.0m NPAT NPAT $88.8m $72.7m $77.2m $63.9m $104.3m $105.0m $125.2m $142.9m $175.9m 2018 2019 2020 2021 2022 FY21 FY22 NPAT Cash Flow Generation Cash & Equivalents $175.9m, up 22% Cash Flow Ge

  13. Slide 13: Our 4th Generation Global SaaS ERP Dominates in our Key Verticals

    For personal use only Our 4th Generation Global SaaS ERP Dominates in our Key Verticals 16

  14. Slide 14: For personal use only

    ~% © 9 0, ax y. a (>) 40 se saGu085 > Ajuo SSn Jeuossed 105} 18

  15. Slide 15: FY22 Summary

    FY22 Summary For personal use only Record full year SaaS ARR Revenue – SaaS profit and up 43% & Continuing revenue, record to $274.2m Business up 22% SaaS ARR to $358.7m Profit After Tax Profit Before Tax Profit margin UK ARR Cash and Cash up 22% up 15% before tax of up 95% Equivalents to $88.8m to

  16. Slide 16: Agenda

    For personal use only Agenda • Financial Results & Significant Achievements • Outlook for FY23 • Long Term Outlook

  17. Slide 17: Outlook for FY23

    Outlook for FY23 For personal use only Strong Profit growth to continue in 2023 • The markets we serve such as Local Government, Higher Education and Government are resilient • TechnologyOne provides mission critical software which powers our customer’s operations. Customers turn to our Global SaaS

  18. Slide 18: Agenda

    For personal use only Agenda • Financial Results & Significant Achievements • Outlook for FY23 • Long Term Outlook

  19. Slide 19: Continue to double in size every 5 years

    For personal use only Continue to double in size every 5 years

  20. Slide 20: NRR of 116%

    NRR of 116% For personal use only Human Business Student Performance Property Strategic Asset Timetable & Financials Resources Analytics Management Planning & Rating Management Scheduling & Payroll Enterprise Enterprise Enterprise Corporate Enterprise Supply Chain DXP Local Asset Spatial Cash Conten

  21. Slide 21: R&D over next 5 years increases ARR whitespace

    For personal use only R&D over next 5 years Increases ARR whitespace

  22. Slide 22: Solution as a Service lifts ARR by 40%

    For personal use only Solution as a Service lifts ARR by 40%

  23. Slide 23: Continue to double in size every 5 years

    Continue to double in size every 5 years For personal use only Strong Net Revenue Retention (NRR) of 115-120% $2b of ARR whitespace in APAC customer base R&D over next 5 years doubles APAC ARR whitespace from $2b to $4b ARR Solution as a Service is a gamechanger, lifts ARR by 40% Strategic acquisiti

  24. Slide 24: People and Culture

    People and Culture Recognized as Employer of Choice For personal use only Award winning programs Strong culture of creativity and innovation

  25. Slide 25: 500,000 children and their families out of poverty

    For personal use only 500,000 children and their families out of poverty

  26. Slide 26: Our People

    For personal use only Our People Play video

  27. Slide 27: technologyone

    For personal use only technologyone transforming business, making life simple

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