Hansen Technologies reported a 13.2% increase in Operating revenue to $353.1m, with the core business (excluding powercloud) delivering 11% growth in Underlying Cash EBITDA.
The company's earnings were impacted by the recent powercloud acquisition, which is expected to be EBITDA positive in Q4 FY25.
Despite inflationary pressures, Hansen's core business achieved an Underlying EBITDA margin of 30%, with revenue growth driven by strong performances in the Energy & Utilities vertical.
The company maintains a diverse revenue stream across geography, currency, product, and industry, with customer churn rates below 1% and no single customer accounting for more than 8% of revenue.
ASX Code: HSN