Report
Gareth James
EUR 100.00 For Business Accounts Only

Technology One’s Outlook Is Only Getting Stronger. FVE Increased to AUD 6.20.

Technology One’s fiscal 2018 result was in line with both our forecasts and management guidance, but we are regardless increasingly excited about the earnings growth potential of the company. The transition to selling software-as-a-service, or SaaS, contracts, from on-premise perpetual software licences, is now complete. However, most existing customers are yet to transition to the more lucrative SaaS contracts which creates a relatively low risk source of revenue growth in the medium term. Tech...
Underlying
Technology One

Technology One is engaged in the development, marketing, sales, implementation and support of enterprise business software solutions. Co.'s segments are: Sales and Marketing, which is involved in the sales of license fees and customer support; Consulting, which is involved in the implementation, consulting services and custom software development services for large scale, purpose built applications; Research & Development, which is involved in research development and support; Cloud, which is involved in the delivery of cloud hosting services; and Corporate, which is involved in the aggregation of the corporate services functions' costs and revenue, and corporately-funded projects.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Gareth James

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch