A few stocks from ASX listed companies, have proved their resilience in turbulent times. Two of such growing companies to invest in, having a strong business model, can continue to be sound performers over long term.
Technology One Ltd (ASX: TNE)
Technology One Ltd (ASX: TNE), on 20 May 2025 shared its results for the half year ended 31 March 2025. TNE achieving its 16th consecutive year of growth across profit, revenue, and SaaS fees. Profit Before Tax rose 33% to $81.9 million and Profit After Tax increased 31% to $63.0 million. Annual Recurring Revenue growing 21% to $511.1 million and Free Cash Flow rose more than 100% to $24.0 million. Total expenses rose 14 percent and the company declared a record interim dividend of 6.6cps. The Rule of 40 score was 49.4%, placing the company among the top-performing SaaS companies worldwide.
Customer growth was achieved across regions and verticals. Local government contributed to a 20% ARR increase. In the education sector, ARR rose 27% with key wins such as TasTAFE. The government sector raised ARR by 28%. Net Revenue Retention was 118% and churn remained low at 0.3% supporting strong customer engagement and satisfaction.
TNE is among high growth stocks, having surpassed its $500 million ARR goal 18 months ahead of schedule and is now targeting $1 billion ARR by FY30. The acquisition of CourseLoop added $9.1 million ARR and enhanced its OneEducation solution to cover the full student lifecycle. R&D investment of $68.8M supported innovations in AI, App Builder and DxP. Continued momentum, vertical market depth, and a strong balance sheet support organic growth and future acquisitions.
News Corporation (ASX: NWS)
News Corporation (ASX: NWS), on 09th May 2025 announced its 3Q result for fiscal 2025. NWS achieved total revenues of $2.01 billion, 1% rise from the previous year. This growth came from improved performance in Dow Jones, Digital Real Estate Services and Book Publishing. Net income from continuing operations increased by 67% to $107 million. Total Segment EBITDA increase by 12% to $290M. Earnings per share from continuing operations doubled to $0.14 while adjusted EPS touched $0.17 up from $0.13 in the prior year.
Dow Jones recorded revenues of $575 million in the quarter due to stronger circulation and notable gains in its professional information services, led by 11% growth at Risk & Compliance and 10% at Dow Jones Energy. Consumer products under Dow Jones surpassed 6 million average subscriptions. REA Group achieved a 6% revenue increase to $27M due to robust activity in the Australian residential market. Book Publishing saw gains through steady backlist sales and higher audiobook downloads. Segment margin expansion was noted across all areas, supporting the broader financial improvements during the quarter.
NWS confirmed the sale of Foxtel Group to DAZN in April 2025. This involved the repayment of A$592M in shareholder loans and a minority equity stake of around 6 percent in DAZN alongside a board seat. The Subscription Video Services segment was removed as a separate reporting unit and its remaining operations were folded into the News Media segment.
(Source: Company Announcements)
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