Objective Corporation Limited (OCL) 2023年年度报告「ASX」.pdf

1、 Annual Report 2023Digital government.Stronger communities.FY2023 Financial Highlights$110.4m Group Revenue$94.2m Annualised Recurring Revenue(ARR)$26.1m 15%DecreaseEBITDA$21.1m ConstantNet Profit After Tax14%Growth25%of Revenue$72.5m Cash$27.2m Research and Development(R&D)GREAT PEOPLE,GREAT TEAMSW

2、e continue to invest in our people,the most important driverof our success.Recurring Revenueof Total Revenue in FY202380%1 Financial Highlights2 CEOs Report8 Business Line Review14 Sustainability Report22 Directors Report29 Financial Statements34 Notes to the Financial Statements75 Directors Declara

3、tion76 Independent Auditors Declaration77 Independent Auditors Report82 Shareholder Information83 Corporate Directory4%Growth10%GrowthCEOs ReportBusiness Line ReviewSustainabilityFinancial StatementsObjective Corporation Limited And Its Controlled Entities Annual Report 20231From Tony Walls LETTER T

4、O OUR SHAREHOLDERS Fellow Shareholders,I am pleased to report our results for financial year 2023(FY2023);in line with the guidance we have communicated throughout the year and recognising that FY2023 would be a transitional year for a number of one off factors.Our group revenue grew by 4%to$110.4 m

5、illion(FY2022:$106.5million),EBITDA decreased by 15%to$26.1 million(FY2022:$30.7 million),Net Profit After Tax(NPAT)remained constant at$21.1million(FY2022:$21.0 million).As we outlined at our last AGM in November2022,this past year we made decisions that we knew would impact FY2023 revenue growth a

6、nd profitability,but would contribute to better customer experiences and set us up for medium to long-term growth.We drove down Perpetual Right To Use(PRTU)software revenue to just$2.0 million in FY2023 and reduced services revenue as we directed our services teams to develop capabilities to acceler