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HANSEN TECHNOLOGIES LIMITED Earnings Release 2023

Aug 22, 2023

65073_rns_2023-08-22_687103ff-b54f-4e4f-a5b2-ed984d7411f3.pdf

Earnings Release

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APPENDIX 4E

(PURSUANT TO ASX LISTING RULE 4.3A)

Financial Report for the year ended 30 June 2023

Hansen Technologies Limited

ABN 90 090 996 455

Reporting period 30 June 2023
Previous corresponding period 30 June 2022

RESULTS FOR ANNOUNCEMENT TO THE MARKET

Year ended 30 June(consolidated)
2023
$A’000s
Movement
$A’000s(%)
2022
$A’000s
Revenue from ordinary activities
Proft from ordinary activities after tax attributable to members
Statutory net proft after tax attributable to members
Underlying netproft after tax attributable to members(NPATA)(1,3)
311,766
15,221
5%
296,545
42,795
855
2%
41,940
42,795
855
2%
41,940
55,603
(2,560)
(4%)
58,163

Statutory operating proft before income tax expense
Add back:
Depreciation and amortisation
Net foreign exchange (gains)/losses
Net fnance costs
EBITDA(2)
Add back: Net one-of costs and income
Underlying EBITDA(2,3)
54,325
3,285
6%
51,040
44,300
2,183
5%
42,117
(2,741)
(5,099)
(216%)
2,358
4,777
345
8%
4,432
100,661
714
1%
99,947
(1,159)
(1,465)
(479%)
306
99,502
(751)
(1%)
100,253

(1) NPATA is a non-IFRS term, defined as net profit after tax, excluding tax-effected amortisation of acquired intangibles.

(2) EBITDA is a non-IFRS term, defined as earnings before interest, tax, depreciation and amortisation, and excluding net foreign exchange losses/gains.

(3) Underlying EBITDA and underlying NPATA excludes separately disclosed items, which represent the one-off costs and income during the period. Further details of the separately disclosed items are outlined in Note 4 to the Financial Report.

Dividends

Dividends
Amountper share Franked amountper share
(cents) (cents)
2022 fnal dividend (paid 21 September 2022)
5.0
1.5
2023 interim dividend (paid 21 March 2023)
5.0
0.0
2023 fnal dividend (to be paid 20 September 2023)
5.0
1.5

2023 final dividend

Record date for determining entitlements to the dividend
29 August 2023
Last date for receipt of election notices for participation in the dividend or DRP
30 August 2023
Payment date
20 September 2023
The conduit foreign income component of this dividend is $7.1m

APPENDIX 4E (PURSUANT TO ASX LISTING RULE 4.3A) CONTINUED

Dividend Reinvestment Plan (DRP)

A Dividend Reinvestment Plan has been established to provide shareholders with the opportunity to reinvest dividends in new shares rather than receiving cash. Details of Hansen’s Dividend Reinvestment Plan including the share pricing methodology is available online at https://hansencx.com/about/investor-relations. The price for shares to be applied for in accordance with the DRP plan for this dividend shall be the full undiscounted value as prescribed by the plan.

Net tangible assets per security

Year ended 30 June(consolidated)
2023
2022
Net tangible assets per security(1) 9.8 cents
(8.2) cents

(1) Net tangible assets exclude all right-of-use assets leased by the Group.

The Group’s asset base has a large portion of intangible assets associated with software and goodwill from acquisitions. These intangibles, combined with our borrowings base which has reduced during the year following debt repayments, resulted in a positive net tangible asset backing per security position as at 30 June 2023.

Other information

Additional Appendix 4E disclosure requirements can be found in the notes to the financial report and the Directors’ Report for the year ended 30 June 2023. Information should be read in conjunction with Hansen Technologies Limited’s 2023 Annual Report.

This report is based on the consolidated financial report for the year ended 30 June 2023 which has been audited by RSM Australia Partners with the Independent Auditor’s Report included in the financial report.