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IRESS Limited (ASX:IRE)

ALERT: Price-sensitive ASX Announcement for IRE
Current share price for IRE : $6.340 -0.43 (-6.35%)+
Announcement
Release
25 Feb 2026 8:12AM
Price at Release
$6.770
Full Release
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Summary
IRESS Limited reported positive financial results for FY2025, with a 6.5% growth in revenue and a 14.9% increase in Adjusted EBITDA, driven by strong performance in its Continuing Business sectors, particularly APAC Wealth, GTMD, and UK Wealth & Sourcing. The company experienced a 34.3% increase in UPAT and improved its Adjusted EBITDA margin to 26.3%. The financial success was attributed to strategic divestments, cost discipline, and enhanced operational focus. IRESS also completed asset sales, which were used to reduce debt, offering strategic flexibility and balance sheet resilience. The company's transition to Cash EBITDA reporting from FY2026 aims to better reflect free cash flow generation.
Key Points
  • UPAT and Underlying EPS increased by 34%.
  • Revenue grew by 6.5%, bolstered by favorable foreign exchange impacts and strategic divestments.
  • Expenses rose by 3.8%, largely due to R&D investments and increased non-wage costs.
  • Adjusted EBITDA margin improved to 26.3%, marking a 1.9% expansion.
  • IRESS successfully sold Superannuation and QuantHouse businesses, using proceeds to reduce debt.
  • The company plans to transition from Adjusted EBITDA to Cash EBITDA reporting in FY2026 to align with free cash flow generation.
  • IRESS aims to maintain disciplined capital expenditure while modernizing its core platforms.
  • The financial outlook for FY2026 indicates ongoing growth and operational efficiency improvements.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.