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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.