Hansen Technologies (HSN) H1 2026 earnings summary

Executive summary

• Operating revenue for the first half reached $191.0 million, up 7.3% year-on-year, with both Communications & Media and Energy & Utilities segments contributing positively and EMEA now over 70% of business.

• Underlying EBITDA rose 46.1% to $55.7 million, with margin expanding to 29.2% due to operating leverage and AI-enabled efficiencies.

• Underlying NPATA surged 142.3% to $30.5 million, and NPAT increased to $22.0 million, reflecting strong cost control and improved profitability.

• Cash flow from operations grew 418% to $54 million, with closing cash balance at $56.0 million.

• Digitalk acquisition completed, expanding global footprint, SaaS revenue, and product capabilities.

Financial highlights

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

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

• EBITDA margin improved to 29.2% from 21% year-on-year; cash EBITDA margin at 26%.

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

• Basic EPS increased to 10.80 cents; underlying NPATA-based EPS at 14.95 cents, up 141.5%.

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%.

• License revenue for the year expected to be 8–10% of turnover, lower than prior year.

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