Technology One Ltd (ASX: TNE) Share Price and News

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Technology One Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $8.25 billion
P/E Ratio 62.47
Dividend Yield 1.02%
Shares Outstanding 327.37 million
Earnings per share 0.417
Dividend per share 0.27
Year To Date Return -10.73%
Earnings Yield 1.60%
Franking N/A
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as at 24 Feb 3:44pm

  • Technology One Ltd (ASX: TNE)
    Latest News

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    Has a turnaround already begun for ASX tech shares? Experts reveal the outlook for FY23

    ASX tech shares were pummelled in the first six months of 2022. Is it time to buy?

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    Frequently Asked Questions

    Yes. TechnologyOne has a long record of paying dividends. It has paid two partially franked dividends, in June and December, every year since  2005. It does not offer a dividend reinvestment plan (DRP).

    The Brisbane-headquartered company listed on

    TNE ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Technology One Ltd

    TechnologyOne Ltd (ASX: TNE) is one of the largest publicly listed software companies in Australia, with offices across six countries. It develops user-friendly enterprise software products that are deeply integrated into customers' information technology, or IT, infrastructure.

    The company boasts more than 1,000 clients across seven industry segments: namely, government, local government, financial services, education, health and community services, utilities, and managed services.

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    25 Feb 2026 Philip (Phil) Davis Buy 4,000 $92,503
    On-market trade.
    20 Feb 2026 Debra Eckersley Buy 1,021 $25,394
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Sharon Doyle Non-Executive Director Feb 2018
    Ms Doyle is the Executive Chair and majority owner of corporate advisory firm, InterFinancial Corporate Finance Limited. She has navigated technology companies through the challenges of steep global growth curves, with an understanding of the dynamics in Software as a Service (SaaS). Ms Doyle's leadership of InterFinancial has seen her develop a core practice providing strategic advice for technology and other IP-rich, companies. She also has extensive international experience managing merger, acquisition and private equity processes across the technology industry. Ms Doyle was previously Vice President at Mincom, one of Australia's enterprise software companies. Ms Doyle is a Non-Executive Director at Auto & General. She is Member of the Risk Committee and the Governance Committee.
    Dr Jane Andrews Non-Executive Director Feb 2016
    Dr Andrews brings more than 15 years leadership experience in research and innovation based organisations. As a founder and investor in numerous innovative companies, Dr Andrews has experience in corporate strategy, entrepreneurship, commercialisation, innovation and research and development. Andrews is a member of the Risk Committee and the Governance Committee.
    Mr Patrick (Pat) Redmond Joseph O'Sullivan Lead Independent DirectorNon-Executive DirectorNon-Executive Chairman Mar 2021
    Mr O'Sullivan has 40 years' experience working across a range of industries both as an executive and a non-executive director. His last executive role was the Chief Operating Officer and Finance Director of Nine Entertainment Co Pty Limited, a position he held for 6 years until June 2012 and prior to that he was the Chief Financial Officer of Optus for 5 years. He is currently Chairman of Cargroup Limited and Siteminder. His previous ASX non-executive director roles include Afterpay, iiNet, iSelect, APN Outdoor, iSentia and Marley Spoon.
    Mr Philip (Phil) A Davis Non-Executive Director Oct 2025
    Mr Davis career spans three decades of leadership across the technology companies, including Google, AWS, HPE, and Dell. He brings expertise in scaling global SaaS, cloud, and AI businesses.
    Mr Edward James Chung Chief Executive OfficerManaging Director May 2008
    Mr Chung has led TechnologyOne through its continued growth trajectory and transformation into Australia's enterprise Software as a Service (SaaS) business. Appointed as CEO in May 2017 after more than 10 years in senior executive roles at TechnologyOne, including one and a half years as the company's Chief Operations Officer. From 2014, Edward headed up TechnologyOne's products and solutions division, including Research and Development (R&D) where he led the team that transitioned the business into a fully SaaS-based organisation. Prior to that he led the finance and corporate services division and developed the commercial frameworks to drive the company's expansion.
    Mr Peter Ball Non-Executive Director Mar 2020
    Mr Ball has had a career in the professional services sector spanning nearly 40 years, initially in audit both nationally and internationally, with the last 30 years in management consulting. Mr Ball was a Partner with KPMG for 25 years providing a range of professional services and advice to both public and private sector organisations. He has also held senior roles with KPMG including the national leader of KPMG's Strategic Planning and Economic Development service line and more recently as national partner responsible for the finance and operations for KPMG's Government Advisory Practice. Most of Mr Ball's work involves providing strategic, economic, commercial and business improvement advice to enable organisations to make fully informed business decisions. During his management consulting career Mr Ball has worked across several industries including tourism and leisure, gaming and wagering, arts and sports, and state and local governments. Mr Ball is also involved in the community/not for profit sector having been a Director of Alzheimer's Queensland for over 15 years. He is Chair of the Risk Committee.
    Mr Paul Robson Non-Executive Director Jul 2024
    Mr Robson is a senior executive with nearly 30 years' experience in the technology sector, driving growth and innovation across global markets. He is currently the CEO of Australian-grown accounting software company MYOB. Paul was previously the president of Benchling, a San Francisco based cloud platform for biotechnology research. Prior to that role he spent 10 years at Adobe, running the company's international business while in London, spearheading the global pilot for Adobe's move to the Cloud. Paul also spent a decade at Hewlett-Packard, rising to Vice President and General Manager, HP Networking, Asia Pacific and Japan. Mr Robson has held multiple board positions at the likes of techUK, the membership body for the UK tech industry; Vamp, an influencer marketing platform; ADMA, the Australian marketing association and Tresillian Family Care Centres. He is also an Advisory Councilor on the National Board of the Australian Industry Group, an industry association representing businesses in a range of sectors including manufacturing, construction, transport, defence, ICT and labour hire.
    Ms Debra Eckersley Non-Executive Director Oct 2025
    Ms Eckersley, was a former Managing Partner at PwC and Group Executive People & Culture at Bank of Queensland, Debra brings operational expertise in governance, risk, and people and culture transformation.
    Mr Stephen Kennedy Head of Governance Risk and ComplianceCompany Secretary Apr 2017
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    Mr Matthew Thompson Company Secretary Jul 2025
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    Ben Malpass Acting Executive Vice President Sales/ Executive Vice President Local Government
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    Cale Bennett Chief Financial Officer
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    Stuart MacDonald Chief Operating Officer
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    Chandan Potukuchi Chief Technology Officer
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    Matthew Thompson Company Secretary
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    David Cope Executive Vice President Consulting
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    Mark Jones Executive Vice President Education
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    Danielle Windle Executive Vice President People & Culture
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    Stephen Kennedy Head of Governance Risk and ComplianceCompany Secretary
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 109,539,809 33.46%
    JP Morgan Nominees Australia Pty Limited 49,493,033 15.12%
    Citicorp Nominees Pty Limited 47,881,517 14.63%
    JL Mactaggart Holdings Pty Ltd1 19,638,454 6.00%
    Masterbah Pty Ltd 9,472,400 2.89%
    BNP Paribas Norns Pty Ltd 8,504,823 2.60%
    Argo Investments Limited 6,400,000 1.95%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 4,065,425 1.24%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 2,598,155 0.79%
    HSBC Custody Nominees (Australia) Limited <NT Comnwlth Super Corp A/C> 2,405,679 0.73%
    BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> 1,295,754 0.40%
    Pacific Custodians Pty Limited <TNE Plans Ctrl A/C> 1,186,240 0.36%
    Netwealth Investments Limited <Wrap Services A/C> 1,163,340 0.36%
    BNP Paribas Nominees Pty Ltd <Agency Lending Collateral > 1,019,100 0.31%
    HSBC Custody Nominees (Australia) Limited i 1,009,025 0.31%
    UBS Nominees Pty Ltd 925,477 0.28%
    Pacific Custodians Pty Limited <Employee Share TST A/C> 868,030 0.27%
    BNP Paribas Norns (NZ) Ltd 846,495 0.26%
    BNP Paribas Nominees Pty Ltd <Cowen and Co LLC> 830,207 0.25%
    BNP Paribas Nominees Pty Ltd <IB AU Norns Retailclient> 823,893 0.25%

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