HANSEN TECHNOLOGIES LIMITED — Interim / Quarterly Report 2024

Feb 20, 2024

APPENDIX 4D

(PURSUANT TO ASX LISTING RULE 4.2A.3)

Half-year Report for the six months ended 31 December 2023

Hansen Technologies Limited

Half-year Report for the six months ended 31 December 2023Hansen Technologies Limited
ABN 90 090 996 455
Reporting period	31 December 2023
Previous corresponding period	31 December 2022

RESULTS FOR ANNOUNCEMENT TO THE MARKET

	Half-year ended 31 December(consolidated)
	Movement
	2023$A’000s$A’000s(%)2022$A’000s
Revenue from ordinary activitiesProft from ordinary activities after tax attributable to membersStatutory net proft after tax attributable to membersUnderlyingnetproft after tax attributable to members(NPATA)(1,3)	167,74318,63412%149,10917,6211,4439%16,17817,6211,4439%16,17826,9732,99713%23,976
Statutory operating proft before income tax expenseAdd back:Depreciation and amortisationNet foreign exchange losses/(gains)Net fnance costsEBITDA(2)Add back: Net one-of costsUnderlyingEBITDA(2,3)	23,5432,56712%20,97623,1991,2796%21,9201451,045(116%)(900)1,942(503)(21%)2,44548,8294,38810%44,4413,2742,678449%59652,1037,06616%45,037

(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 3 to the Financial Report.

Dividends

Dividends
Amount per share	Franked amount per share
(cents)	(cents)
2023 interim dividend(paid 21 March 2023)5.0	0.0
2023 fnal dividend(paid 20 September 2023)5.02024 interim dividend(to bepaid 21 March 2024)5.0	1.52.3

Hansen Technologies Limited ABN 90 090 996 455 | Half-Year Report to 31 December 2023 i

APPENDIX 4D CONTINUED

2024 interim dividend

	Record date for determiningentitlements to the dividend27 February2024Last date for receipt of election notices forparticipation in the dividend or DRP28 February2024Payment date21 March 2024The conduit foreign income component of this dividend is $5.5m.

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. Detail of Hansen’s Dividend Reinvestment Plan including the share pricing methodology is available on line 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

		Half-year ended 31 December(consolidated)
		20232022
Net	tangible assetsper security(1)	18.2 cents0.2 cents

(1) Net tangible assets is calculated as net assets adjusted for intangible assets, right of use assets, deferred tax assets and liabilities, divided by the number of ordinary shares on issue at period end.

The Group’s asset base has a large portion of intangible assets associated with our software and goodwill from acquisitions. These intangibles, combined with our borrowing base which has reduced during the year following debt repayments, resulted in a more favourable net tangible asset backing per security position as at 31 December 2023.

Other information

Additional Appendix 4D disclosure requirements can be found in the notes to the half-year financial report and the Directors’ Report for the half-year ended 31 December 2023. Information should be read in conjunction with Hansen Technologies Limited’s 2023 Annual Report and the attached half-year financial report.

This report is based on the consolidated half-year financial report ended 31 December 2023 which has been reviewed by RSM Australia Partners with the Independent Auditor’s Review Report included in the half-year financial report.

Hansen Technologies Limited ABN 90 090 996 455 | Half-Year Report to 31 December 2023

ii