HSN -3.93%: the utility billing software company reported HY numbers, coming in largely in line with expectations with shares trading lower with the weaker technology sector today. Revenue was flat and in line with consensus at $149m while EBITDA fell 17%, slightly below expectations. The company was cycling a strong licencing period that would have lifted revenue by an additional 7%, while cash receipts were lower than expected, though management said that this has started to unwind. Guidance for the full year was maintained at 3-5% revenue growth, however, we expect further growth to come through beyond the end of the FY after a number of contract wins. Hansen is also actively looking for acquisition targets with their flexible balance sheet, but we like their discipline, not paying up for now.
scroll
Pulse Check Webinar: Navigating Trade Wars, AI and Trump’s market impact
Close
Monday 17th February – ASX -62pts BEN, WBC, BSL
Close
Video Update – January 2025 Portfolio Performance & Positioning
Close
Monday 17th Feb – Dow -165pts, SPI down -52pts
Close
MM is bullish HSN
Add To Hit List
In these Portfolios
Related Q&A
Relevant suggested news and content from the site

Video
WATCH
Pulse Check Webinar: Navigating Trade Wars, AI and Trump’s market impact
Recorded Thursday 6th February

Podcast
LISTEN
Monday 17th February – ASX -62pts BEN, WBC, BSL
Daily Podcast Direct from the Desk

Video
WATCH
Video Update – January 2025 Portfolio Performance & Positioning
Recorded Wednesday 15th January

Podcast
LISTEN
Monday 17th Feb – Dow -165pts, SPI down -52pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.