Hansen Technologies (HSN) H1 2026 earnings summary

Executive summary

• Operating revenue for the first half reached $191.0 million (AUD 191 million), up 7.3% year-on-year, with both Communications & Media and Energy & Utilities segments contributing positively and EMEA leading growth.

• Underlying EBITDA rose 46.1% to $55.7 million, with margin expanding to 29.2%, driven by operating leverage, AI-enabled efficiencies, and strong EMEA performance.

• Underlying NPAT/NPATA increased by 142% to $30.5 million, reflecting strong cost control and improved profitability.

• Cash flow from operations surged to $53.6 million, up over 417% year-on-year.

• Completed the acquisition of Digitalk, expanding global footprint, SaaS revenue, and cross-selling opportunities.

Financial highlights

• Communications & Media revenue up 13.5% to $82.3 million; Energy & Utilities revenue up 3.0% to $108.7 million.

• EBITDA margin improved to 29.2% (up from 21% year-on-year); cash EBITDA margin at 25.8%–26%.

• Underlying NPATA rose 142.3% to $30.5 million; underlying NPAT up 389.1% to $22.5 million.

• Operating cash flow up 418% to $54 million, with closing cash balance at $56.0 million.

• Net debt at period end was $51 million after repaying $29.5 million of debt.

Outlook and guidance

• Revenue expected to be higher in the second half, with full-year EBITDA margin targeted at approximately 30%.

• Medium-term guidance: 5–7% organic revenue growth and sustained EBITDA margin of at least 30%.

• Support and maintenance revenue growth to moderate but remain strong; license revenue to be 8–10% of turnover.

• Interim dividend of 5.0 cents per share declared, partially franked.

• Cautious on FX impacts but largely hedged on costs; EBITDA protected.