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IRESS Limited (ASX:IRE)

ALERT: Price-sensitive ASX Announcement for IRE
Current share price for IRE : $5.540 -2.37 (-29.96%)+
Announcement
Release
17 Aug 2026 8:49AM
Price at Release
$7.910
Full Release
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Summary
Iress Limited announced its FY26 Half Year results, highlighting significant improvements in financial performance. The company reported a Cash EBITDA increase of 47.1% to $61.1 million and a Cash EBITDA margin expansion to 24.5%. Revenue from continuing business saw a growth of 2.5%, with recurring revenue accounting for 95% of total revenue. The company achieved annualized cost savings and plans further investment in product evolution, AI, and engineering capability through partnerships. The FY26 guidance anticipates revenue growth of 1-2% and Cash EBITDA growth of 21-26%, emphasizing structural business efficiencies and disciplined cost management. Iress declared a fully franked interim dividend of 14.0 cents per share, reflecting a 27.3% increase from the previous period.
Key Points
  • Iress Limited reported a 47.1% increase in Cash EBITDA to $61.1 million.
  • The company's Cash EBITDA margin expanded to 24.5%.
  • Revenue from continuing business increased by 2.5%.
  • Recurring revenue accounted for 95% of total revenue.
  • The company achieved $31.5 million in annualized cost savings.
  • FY26 guidance expects 1-2% revenue growth and 21-26% Cash EBITDA growth.
  • Iress focuses on product evolution, AI integration, and engineering capability.
  • A fully franked interim dividend of 14.0 cents per share was declared.
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.