tiprankstipranks
Integrated Research Limited Reports Strong FY24 Turnaround
Company Announcements

Integrated Research Limited Reports Strong FY24 Turnaround

Integrated Research Limited (AU:IRI) has released an update.

Don't Miss Our Christmas Offers:

Integrated Research Limited has reported a robust financial turnaround for FY24, with a 22% increase in Total Contract Value and a 19% rise in revenue, driven by strong performance in the Americas and significant product growth. The company’s strategic financial management led to a net profit after tax of $27.1 million, reversing the previous year’s losses, and a substantial increase in cash reserves. While facing challenges in certain regions, Integrated Research is poised for future growth with plans to expand its product lines and explore new revenue streams.

For further insights into AU:IRI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskIntegrated Research Boosts Director’s Stake with New Performance Rights
TipRanks Australian Auto-Generated NewsdeskIntegrated Research Gains Strong Shareholder Support in 2024 AGM
TipRanks Australian Auto-Generated NewsdeskIntegrated Research Updates AGM Presentation for Accuracy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App