IRESS

IRE.ASX

Information Technology

The provision of IT solutions to financial market participants and wealth managers.

Market Data

Price

$6.010

+0.0%
Market Cap

$1.1B

P/E Ratio

14.2x

EPS

$0.422

Div. Yield

3.99%

52-Week Change

-0.2%

Latest Earnings

Iress Appendix 4E and 2025 Annual Report

25 February 2026

Revenue
$556.32
-7.4% YoY
NPAT
$73.90
+16.6% YoY
EPS
$0.40
Dividend
$0.24

Iress delivered FY25 results ahead of guidance with Adjusted EBITDA of $136.2m (+2.6%) and Underlying UPAT of $73.9m (+16.6%), though reported revenue declined 7.4% to $556.3m due to prior asset sales; the continuing business showed strong momentum with revenue +6.5% and Adjusted EBITDA +14.9%. The company has simplified its portfolio to focus on Wealth and Trading & Market Data businesses, launched an accelerated efficiency program targeting 25%+ Cash EBITDA margins by FY26, and resumed dividends with a fully franked 13.0 cents final dividend. Key points: Strong continuing business performance with revenue +6.5% and Adjusted EBITDA +14.9%, demonstrating underlying strength and operational momentum; Adjusted EBITDA of $136.2m delivered ahead of $128-132m guidance range with improving EBITDA margin of 24.2% (+228bps); Underlying UPAT up 16.6% to $73.9m and Underlying EPS up 16.4% to 39.6 cents, with continuing business UPAT rising 34.3%

Recent Announcements

18 May 2026 Sph Neutral

Ceasing to be a substantial holder

Pinnacle Investment Management Group Limited ceased to be a substantial holder (20%).

30 Mar 2026 Sph Neutral

Ceasing to be a substantial holder

Spheria Asset Management Pty Ltd ceased to be a substantial holder.

23 Mar 2026 Sph Neutral

Becoming a substantial holder

NORGES BANK became a substantial holder (5.85%).

12 Mar 2026 Sph Neutral

Ceasing to be a substantial holder

NORGES BANK ceased to be a substantial holder.

9 Mar 2026 Sph Neutral

Becoming a substantial holder

NORGES BANK became a substantial holder (5.01%).

3 Mar 2026 Sph Neutral

Ceasing to be a substantial holder

NORGES BANK ceased to be a substantial holder.

27 Feb 2026 Sph Neutral

Becoming a substantial holder

NORGES BANK became a substantial holder (5.34%).

25 Feb 2026 Actual Results Positive

Iress Appendix 4E and 2025 Annual Report

Iress delivered FY25 results ahead of guidance with Adjusted EBITDA of $136.2m (+2.6%) and Underlying UPAT of $73.9m (+16.6%), though reported revenue declined 7.4% to $556.3m due to prior asset sales; the continuing business showed strong momentum with revenue +6.5% and Adjusted EBITDA +14.9%. The company has simplified its portfolio to focus on Wealth and Trading & Market Data businesses, launched an accelerated efficiency program targeting 25%+ Cash EBITDA margins by FY26, and resumed dividends with a fully franked 13.0 cents final dividend. Key points: Strong continuing business performance with revenue +6.5% and Adjusted EBITDA +14.9%, demonstrating underlying strength and operational momentum; Adjusted EBITDA of $136.2m delivered ahead of $128-132m guidance range with improving EBITDA margin of 24.2% (+228bps); Underlying UPAT up 16.6% to $73.9m and Underlying EPS up 16.4% to 39.6 cents, with continuing business UPAT rising 34.3%

7 Feb 2026 Date Announcement Neutral

Earnings Release - 25 February 2026

Upcoming earnings release expected 25 February 2026 (from Yahoo Finance (confirmed))

11 Aug 2025 Actual Results Positive

FY25 Half Year Results Announcement

Iress delivered strong growth in its core continuing business with Underlying EPS up 19% to 16.7 cents, driven by 6.8% revenue growth and 8.7% Adjusted EBITDA growth, though reported results were impacted by completed divestments. The company has successfully completed its transformation program, strengthened its balance sheet through asset sales, and reaffirmed FY25 guidance of $127-135M Adjusted EBITDA and $65-73M UPAT while investing in next-generation wealth technologies. Key points: Continuing business Underlying EPS grew 19.2% to 16.7 cents, demonstrating strong operational momentum; Continuing business revenue up 6.8% to $249.4M with strong Global Trading & Market Data and UK Wealth business performance; Continuing business Adjusted EBITDA increased 8.7% to $60.2M with margin expansion of 42 basis points to 24.1%

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