ASX-listed Hansen Technologies has announced a profit upgrade forecast of its operating results for the full year ending 30 June.
Consolidated group operating revenue for the financial year ended 30 June is expected to be around $57 million.
Forecasted earnings before interest, taxes and depreciation, and amortisation (EBITDA) is expected to be approximately $17 million - a 19 percent increase on previous year.
After profit tax is expected to increase by 22 percent on the previous year to $10 million.
Andrew Hansen, CEO of Hansen Technologies said the results represent another "very successful year.
"With EBITDA to revenue ration approaching 30 percent operating performance is positioned at the high end of IT industry requirements.
Hansen said the company continues to be involved in customer projects globally. "Building on this strong foundation we are investing into and broadening our global sales operations in both the Energy and Telecommunications Industries."
Hansen's billing solutions are used by energy and telecommunications providers in over 40 markets worldwide, the company said.
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