TEMENOS LTD

TEMN

Equity

ISIN CH0012453913 / Valor 1245391

SIX Swiss Exchange (2025-03-28)

CHF 69.85+0.87%

TEMENOS LTD
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Temenos Ltd, established in 1993, is a prominent provider of banking software systems, catering to a diverse clientele across more than 150 countries. The company specializes in offering core banking and digital banking solutions, with a substantial client base that includes 950 core banking and over 600 digital banking clients. Temenos' software is designed to support financial institutions in streamlining their operations, enhancing customer experiences, and driving innovation in the banking sector. The company's comprehensive suite of products and services is utilized by banks of all sizes, from large global institutions to smaller regional banks, enabling them to adapt to the rapidly evolving financial landscape.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

In the first half of 2024, TEMENOS LTD reported a total revenue of USD 478.3 million, marking a 3% increase compared to the same period in 2023. This growth reflects the company's resilience and ability to maintain steady revenue streams despite challenging market conditions.

Software Licensing

TEMENOS LTD's total software licensing revenue for H1 2024 was USD 185.9 million, which represents a 4% decrease from H1 2023. This decline was primarily due to temporary lengthening of sales cycles, although all delayed deals were eventually signed in Q2 2024.

Maintenance Revenue

The company saw a 10% increase in maintenance revenue, reaching USD 227.7 million in the first half of 2024. This growth underscores the strong demand for ongoing support and services from TEMENOS LTD's existing client base.

Earnings and Profitability

TEMENOS LTD achieved an EBIT margin of 34.2% in H1 2024, up from 32.6% in H1 2023. Earnings per share also increased by 8%, reaching USD 1.68, indicating improved profitability and operational efficiency during this period.

Cash Flow Performance

Operating cash flow for TEMENOS LTD in the first half of 2024 was USD 185.9 million, a 5% increase from H1 2023. Additionally, free cash flow rose significantly by 20% to USD 121.6 million, reflecting the company's strong cash generation capabilities and financial health.

Summarized from source with an LLMView Source

Key figures

8.33%1Y

-26.3%3Y

-42.1%5Y

Performance

35.4%1Y

45.8%3Y

43.8%5Y

Volatility