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Integrated Research Limited (ASX:IRI)

ALERT: Price-sensitive ASX Announcement for IRI
Current share price for IRI : $0.300 0.01 (3.45%)+
Announcement
Release
24 Jul 2026 10:01AM
Price at Release
$0.290
Full Release
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Summary
Integrated Research Limited's FY26 revenue performance faced challenges due to a softer renewals book and deferred new business opportunities to FY27. Despite these challenges, the company maintained a robust cash position, up by 27% from the previous year, supporting further product innovation and execution of a product-led growth strategy. Statutory earnings were impacted by credit losses and currency exchange fluctuations, but EBITDA showed modest improvement in the second half. CEO Ian Lowe highlighted the pivotal role of FY26 in advancing product-led growth, with a focus on innovation and client engagement, as the company prepares to accelerate product monetisation and client-led innovation in FY27 amidst cautious AI-driven technology investment decisions.
Key Points
  • Revenue performance impacted by a softer renewals book and lower second half new business contribution.
  • EBITDA showed modest improvement in the second half despite being affected by expected credit losses and foreign exchange.
  • Cash position increased by 27% from the previous year to $51.7 million.
  • Pro forma revenue declined as new business growth rates trailed revenue churn.
  • Product-led growth strategy is essential for sustainable revenue growth.
  • CEO Ian Lowe emphasized on advancing product-led growth and innovation amidst cautious AI-driven investment decisions.
  • IR plans to accelerate monetisation of new products and expand client-led innovation for FY27.
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.