Hansen Technologies (HSN) AGM 2025 summary

Opening remarks and agenda

• The 26th AGM was held virtually for the sixth consecutive year, ensuring broad shareholder participation and confirming a quorum was present.

• The meeting agenda included the Chairman's address, CEO's presentation covering M&A and outlook, and formal business matters.

Financial performance review

• Operating revenue rose 11.2% to AUD 392.5 million, with underlying EBITDA up 20.9% to AUD 111.7 million and a margin of 28.5%.

• Statutory net profit after tax more than doubled to AUD 43.3 million, and underlying NPATA rose 43.3% to AUD 56.9 million.

• Communications and media revenue grew 15% to AUD 171.3 million, while energy and utilities revenue increased 8.3% to AUD 221.2 million.

• Support and Maintenance revenue showed an 11% CAGR since FY21, up 18% on FY24.

• Cash EBITDA increased 21.5% to AUD 93.4 million.

Board and executive committee updates

• Deputy Chairman Bruce Adams retired after 25 years of service, with board and executive team expressing deep gratitude for his contributions.

• The board consists of the Global CEO/Managing Director, Chairman, General Counsel/Company Secretary, and five Non-Executive Directors.