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Australia's biggest ERP software-as-a-service company has announced total revenue of $244.8 million for the six months to 31 March, an increase of 16% year-on-year.
The company's profit after tax for the period rose by 16% to $48 million.
Chief executive Ed Chung said in a statement on Tuesday: "“Our global SaaS ERP is the future of enterprise software. It provides our enterprise customers a mission-critical solution to run their entire business on any device, anywhere, at anytime.
"It also allows them to innovate and meet the challenges ahead with greater agility and speed, without worrying about underlying technologies. This makes life simple for our community.
{loadposition sam08}“These are strong half-year results for TechnologyOne and validate the strength of our SaaS strategy, which continues our strong growth trajectory in both Australia and the UK.
“Our organic growth has continued in the first half through being chosen as a partner by many of the most forward-thinking councils in Australia and New Zealand, such as Newcastle City Council and New Plymouth District Council.
"In the Education Sector, we secured strong wins with TAFE WA and continued our growth in the UK Education market signing new customers such as Solent University Southampton.
"Government departments in APAC are increasingly turning to TechnologyOne with first-half wins at ASIC and the Department of Primary Industries. These organisations are selecting TechnologyOne as their ERP provider, due to our deep industry knowledge, local presence, innovative delivery models and our focus on putting our customers and community first."
