Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Integrated Research Limited ( (AU:IRI) ) has shared an update.
Integrated Research Limited announced its interim results for the first half of FY25, highlighting that total contract value (TCV) and statutory revenue are expected to be at the upper end of previous guidance, despite being down against the prior corresponding period due to a softer renewals book. The company has seen significant improvement in new business TCV, reflecting a successful product-led growth strategy. EBITDA is expected to exceed previous guidance, aided by FX translation and the sale of a non-core business, while cash at bank remains steady, demonstrating disciplined financial management. The announcement points to stronger renewals in the second half of the financial year and an increased contribution from new business, underscoring the relevance of IR’s solutions for large enterprises.
More about Integrated Research Limited
Integrated Research Limited (ASX: IRI) is a leading global provider of user experience and performance management solutions for payment transactions and collaborative systems. The company offers a scalable and extensible hybrid cloud platform, specializing in optimizing mission-critical systems to improve user experiences through intelligent insights. It serves some of the world’s largest organizations, providing visibility over essential systems that facilitate transactions and collaborations.
YTD Price Performance: -4.64%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $46.07M
For detailed information about IRI stock, go to TipRanks’ Stock Analysis page.
