InvestSMART

IRESS Limited (ASX:IRE)

ALERT: Price-sensitive ASX Announcement for IRE
Current share price for IRE : $6.180 -0.59 (-8.71%)+
Announcement
Release
25 Feb 2026 8:12AM
Price at Release
$6.770
Full Release
download
Summary
Iress Limited announced its financial results for the fiscal year ending 2025, showcasing strong performance that exceeded expectations. The company successfully simplified its operations into a focused Wealth and Trading & Market Data software business, which brought about improved performance across all units and significant cost savings. Though statutory net profit after tax saw a decrease, underlying profit and adjusted EBITDA showed growth. The company remains optimistic about further growth in 2026, with strategic initiatives aimed at enhancing efficiency and client-focused execution.
Key Points
  • Iress Limited reported strong financial results for the fiscal year 2025, exceeding guidance with an adjusted EBITDA of $136.2 million and underlying profit after tax of $73.9 million.
  • The company completed the simplification into a focused Wealth and Trading & Market Data software business, leading to improved performance and cost discipline.
  • A business efficiency program was accelerated, contributing towards a $30 million cost-saving target by end of FY26.
  • Statutory net profit after tax was $79.3 million, a decline of 10.6% compared to the previous financial year.
  • Revenue for Continuing Business increased by 6.5% to $504.3 million.
  • The board declared a final dividend of 13.0 cents per share, fully franked, bringing the total dividend for the year to 24.0 cents per share.
  • Iress aims for FY26 revenue of $520-528 million, an increase of 3-5%, with a cash EBITDA margin exit run-rate of over 25%.
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.