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TechnologyOne Ltd (TNE.AX)

TNE.AX on Australia Stock Exchange

4.97AUD
18 Oct 2017
Change (% chg)

$0.04 (+0.81%)
Prev Close
$4.93
Open
$4.93
Day's High
$4.99
Day's Low
$4.92
Volume
349,452
Avg. Vol
719,052
52-wk High
$5.96
52-wk Low
$4.38

Latest Key Developments (Source: Significant Developments)

TechnologyOne expects FY profit growth to be between 7 percent and 9 percent
Monday, 2 Oct 2017 07:23pm EDT 

Oct 3 (Reuters) - TechnologyOne Ltd :Expects FY profit growth to be between 7 percent and 9 percent compared to previous guidance of profit growth of 10 percent to 15 percent.Based on preliminary results, consulting profit for year is now expected to be approx. $5.4 mln​.FY underlying profit growth excluding significant events is expected to be about 20 percent .  Full Article

Technologyone estimates annual contract revenue to increase by more than 90 pct over year
Monday, 31 Jul 2017 04:43am EDT 

July 31 (Reuters) - Technologyone Ltd ::"We estimate our annual contract revenue to increase by more than 90 per cent over year".  Full Article

Technologyone updates on BCC receipt of claim
Friday, 28 Jul 2017 03:33am EDT 

July 28 (Reuters) - Technologyone Ltd ::Received an ambit claim from Brisbane City Council (BCC) for loss and damage against Technologyone, in excess of $50 million.Does not expect an impact on its full year guidance of profit growth of 10% to 15%."Strongly disputes this claim and will vigorously defend claim".  Full Article

Technologyone updates on dispute with Brisbane City Council on LGS project contract
Wednesday, 28 Jun 2017 02:19am EDT 

June 28 (Reuters) - Technologyone Ltd :Updates regarding its dispute with Brisbane City Council (BCC) in relation to LGS project contract.On 26 June 2017, bcc issued Technologyone with a second notice to show cause.Recommended expedited arbitration to resolve issues.BCC has not accepted expedited arbitration which would allow these issues to be resolved and project put back on track."Technologyone will again vigorously defend its position in its response to this notice"."Attempted termination of contract by BCC continues to be most probable outcome".  Full Article

Technologyone's HY net profit attributable rises 10 pct to $8.1 mln
Monday, 22 May 2017 08:12pm EDT 

May 23 (Reuters) - Technologyone Ltd :HY revenues from ordinary activities up 13 pct to $113.9 million.HY net profit for period attributable to members up 10 pct to $8.1 million.Sees guidance for the full year of continuing profit growth of 10 to 15 per cent.Revised cloud services profit to increase from $1m to $2.5m over the full year.  Full Article

TechnologyOne appoints Edward Chung as CEO
Friday, 7 Apr 2017 02:24am EDT 

Technologyone Ltd : Technologyone also reconfirmed previous market guidance for continuing strong growth over full year .Appointment of Edward Chung to position of CEO.  Full Article

TechnologyOne Ltd says FY revenue for ordinary activities up 14% to $249.0 million
Monday, 21 Nov 2016 06:38pm EST 

Technologyone Ltd : Technologyone Ltd- FY revenue for ordinary activities up 14% to $249.0 million . FY net profit for period attributable to members up 16% to $41.3 million .Technologyone Ltd- final 5.09 cents per share dividend and special 2.00 cents per share dividend for year ending 30 september 2016.  Full Article