Technology One Limited

ASX:TNE

Technology One Limited

ASX:TNE
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$26.47 (-3%)
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#17
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28
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Reports (15) My Report Forum Investors
Forum Topics TNE TNE The SaaSpire Strikes Back

Pinned straw:
mikebrisy
Added a month ago

Guidance Upgraded – AI driving TechnologyOne’s confidence in the future

BRISBANE, 18 February 2026 – TechnologyOne (ASX: TNE), Australia’s largest ERP SaaS company and the world’s first SaaS+ company, today announces upgraded FY26 Guidance with Profit Growth of 18% to 20% and ARR Growth of 16% to 18%.

ASX Announcement

Previous guidance was PBT 13% to 17%.

Disc: Held (RL 10.5%)
raymon68
Added a month ago

Movie Theme with 'AI'

A definitive direction is unknown for our wee AI stocks

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16
Byrnesty
Added a month ago

@mikebrisy The long term ARR target of $1B by 2030 requires an annual compound growth of only 12.5%.

The forecast of ARR growth 16% to 18% should bring this long term target well within range.

The ARR growth rate since 2020 has averaged above 20%.

25
mikebrisy
Added a month ago

@Byrnesty agreed - followers of $TNE have been saying for a while that the ARR of $1bn by 2030 is too soft.

Even in my model low case scenarios I have them getting there in FY29.


23
Solvetheriddle
Added a month ago

TNE is the story I have decided to back into this SaaS maelstrom, so I im delighted with this announcement. However, it's a long way from putting the glasses down (it's not over), imo, but the company's moves and positioning are promising and relatively strong.

24
mikebrisy
Added a month ago

Indeed @Solvetheriddle . I chose my metaphor very carefully. While we might be seeing The SaaSpire Strikes Back, we must also await The Return of the JedAI.





26
Tom73
Added a month ago

That is pure gold @mikebrisy both The SaaSpire Strikes Back, and The Return of the JedAI.

Makes me wonder why no one has called their AI Jed...???

20
mikebrisy
Added a month ago

@Tom73 nothing like a bit of fun.

Yesterday was a big milestone for me.

It's over 30 years since I did any serious coding (engineer, so FORTRAN77), but yesterday I worked with ChatGPT to code up in Python my first web-scraping data analytics tool. Over about 8 iterations, we coded the tool and successfully ran it in 45 minutes work. Last time I attempted the task manually, it took me the best past of one day. And try as I might, I couldn't prompt ChatGPT to do the analysis on its own. Now I can run it at will in a few seconds.

So, for me, yesterday was The Python Menace.

Sorry, couldn't resist.

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