Objective Corporation (ASX: OCL)Share Price and News

Objective Corporation (ASX OCL)

About Objective Corporation

Objective Corporation is a leading Australian software provider, offering enterprise-level solutions for information management, document management, and workflow automation. Established in 1987, the company develops a suite of software products that help businesses streamline their operations, improve compliance, and enhance collaboration. Their primary products include Objective Connect, Objective ECM, and Objective Insight, all tailored to various industries such as government, education, and health.

Objective Corporation History

Objective Corporation was founded in 1987 by Dr. Bob McKinnon in Sydney, Australia. It initially focused on developing document management systems, quickly establishing itself as a leader in the Australian software market. Over the years, the company has broadened its range of solutions, with a key focus on enterprise content management and workflow automation. In 2001, Objective Corporation was listed on the Australian Securities Exchange under the ticker symbol OCL. Since its listing, it has achieved significant milestones, including the expansion of its product offerings and an international presence, particularly in the UK and US markets.

Future Outlook of Objective Corporation (ASX: OCL)

Looking forward, Objective Corporation has a solid growth trajectory, driven by its strategic product innovations and expanding market presence. According to the company’s latest financial report, revenue and profit are projected to grow due to an increased demand for its information management software solutions. The ongoing digital transformation and growing demand for secure, scalable software solutions present a bright future for Objective Corporation. The ongoing digital transformation and growing demand for secure, scalable software solutions present a bright future for Objective Corporation.

As businesses across sectors look to improve operational efficiency and compliance, Objective Corporation is poised to benefit from these market trends. Additionally, the company is investing in expanding its cloud offerings, which is expected to drive further revenue growth. Despite a strong outlook, risks remain due to the company’s dependence on the public sector and potential challenges in competing against larger, more diversified tech firms. The company's expansion into international markets, particularly in the US and UK, will also present challenges but offer opportunities for increased market share.

Is OCL a Good Stock to Buy?

Objective Corporation’s stock (ASX: OCL) shows promising potential for long-term growth. The company’s financials reflect strong revenue growth, particularly in its cloud-based offerings and enterprise content management systems. Its consistent product innovation and focus on the government and education sectors help position it well for the future.


The company has demonstrated a solid dividend history, making it attractive to income-focused investors. With a well-established presence in the Australian market and an expanding footprint in the UK and US, Objective Corporation offers growth potential. However, potential investors should consider the competitive risks in the global software market and the heavy reliance on public sector contracts.


Analyst recommendations suggest a "buy" rating, with the stock being viewed positively for its growth prospects. With its robust product suite and market positioning, OCL remains a strong contender for investors seeking exposure to the tech sector.

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Frequently Asked Questions

Objective Corporation offers a stable dividend yield, attractive to long-term investors. The company's dividend payments have shown stability, backed by consistent earnings growth.