Half Year 2022 TechnologyOne Ltd Earnings Call Transcript
Thank you very much. Good morning, Stuart. Good morning, Paul, and good morning, everyone down the video conference. Welcome to our half 1 2022 results briefing. The presentation materials were lodged today with the ASX, and these are the first results with our recent acquisition of Scientia. Scientia is a mission-critical timetabling and scheduling solution further evolves our already very deep education solution. And all information you see here today includes Scientia unless otherwise stated.
You're going to see some really strong results today, something we're very proud of, and it's the culmination of many, many hard years and from our talented and innovative people to move us from a traditional on-premise license fee business to the very strong SaaS business you see here today. We've transformed this business not only once, but 4 times over the last 35 years for our customers. Now let's get into the results.
Our key metric for our business is our SaaS ARR business. And you can see it grew strongly. SaaS ARR was up 44% to $225.1
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