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ASX / Media Release 25 February 2021 HANSEN TECHNOLOGIES DRIVING GROWTH AND PROFITABILITY IN A STRONG HALF 1H21 Result Hansen Technologies Limited ( ASX : HSN ) ( “ Hansen " , the " Company " ) is a growing aggregator of mature , entrenched and predictable providers of software to the Gas , Electricity , Water and Communications industries . RESULTS SUMMARY A $ million ( constant currency ) 1H21 1H20 Variance ( % ) Operating revenue 147.1 144.3 2 % Underlying EBITDA ( 1 ) , ( 2 ) , ( 4 ) 54.3 37.7 44 % Underlying NPATA ( 1 ) , ( 3 ) , ( 4 ) 31.6 17.9 77 % Basic EPS based on underlying NPATA 15.9 9.0 77 % ( EPSA ) ( cents ) ( 1 ) A $ million ( actual currency ) Operating revenue EBITDA ( 1 ) , ( 2 ) Underlying EBITDA ( 1 ) , ( 2 ) , ( 4 ) Underlying NPAT ( 4 ) Underlying NPATA ( 1 ) , ( 3 ) , ( 4 ) Basic EPS based on underlying NPATA 1H21 1H20 Variance ( % ) 142.2 144.3 -1 % 51.4 35.5 45 % 52.3 37.7 39 % 20.9 9.3 125 % 29.6 17.9 65 % 14.9 9.0 66 % ( EPSA ) ( cents ) ( 1 ) Notes : ( 1 ) : The Directors believe the information additional to IFRS measures included in the press release is relevant and useful in measuring the financial performance of the Group . These include : EBITDA , NPATA and EPSa . ( 2 ) : EBITDA is a non - IFRS term , defined as earnings before interest , tax , depreciation and amortisation and excluding net foreign exchange gains ( losses ) . ( 3 ) : NPATA is a non - IFRS term , defined as net profit after tax , excluding tax - effected amortisation of acquired intangibles . ( 4 ) : Underlying EBITDA , underlying NPAT and underlying NPATA exclude separately disclosed items , which represent the one - off costs and income during the period . Further details of the separately disclosed items are outlined in Note 3 to the Financial Report which can be found on the Company's web site . Note : This ASX announcement should be read in conjuction with the Financial Report which can be found on the Company's web site . Hansen's Chief Executive Officer , Andrew Hansen , said : “ the 1H21 result was a great outcome for Hansen across all key metrics , continuing our strong performance through the global pandemic . We have grown revenues 1.9 % on a constant currency basis , driven a strong increase in profitability leading to a record half - year EBITDA while investing in our business to position Hansen Technologies for a " COVID - normal " world . We have continued to provide our customers the high level of support they are accustomed to and have also seen new strategically significant customer wins proving the attractiveness and relevance of our offerings , underpinning our longer - term organic growth outlook , including new pipeline activity . In addition to this we are excited about our structured M & A efforts and the real targets emerging . This result proves the long - term resilience of our business model of growing revenues and EBITDA over the long- term by investing in both our technology and the value accretive aggregation of strategically targeted businesses . " Revenue Operating revenue for 1H21 was $ 142.2m , down 1.4 % on 1H20 however up 1.9 % on 1H20 on a constant currency basis to $ 147.1m . New wins , including DISH , M7 , Ciena and Nautilus Solar position us at the leading edge of 5G , cloud and software - driven solutions , smart energy solutions and renewable energy . We see significant opportunity for further customer wins in these areas . We are supporting this expected growth with the significant recruitment of new developers to deliver the future pipeline . Page 1