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IRESS Limited
(Frankfurt:IRE)
IRESS Limited (IRE) vs. S&P 500 (SPY)
IRESS Limited Business Overview & Revenue Model
IRESS Limited Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 625.74M | 615.59M | 595.95M | 542.63M | 508.94M | Gross Profit |
| 96.38M | 136.71M | 138.59M | 126.78M | 116.33M | EBIT |
| 24.51M | 94.01M | 99.67M | 92.90M | 101.51M | EBITDA |
| -52.35M | 122.27M | 149.00M | 126.07M | 134.40M | Net Income Common Stockholders |
| -137.48M | 52.67M | 73.80M | 59.07M | 65.13M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 50.74M | 63.81M | 64.87M | 63.54M | 33.39M | Total Assets |
| 792.22M | 1.00B | 1.03B | 1.01B | 836.97M | Total Debt |
| 422.96M | 462.75M | 389.38M | 272.94M | 283.45M | Net Debt |
| 379.08M | 399.40M | 324.99M | 209.80M | 250.06M | Total Liabilities |
| 520.21M | 566.25M | 495.71M | 419.65M | 402.06M | Stockholders Equity |
| 272.01M | 433.81M | 536.91M | 586.80M | 434.91M |
| Cash Flow | Free Cash Flow | |||
| 44.24M | 84.97M | 77.08M | 101.36M | 91.73M | Operating Cash Flow |
| 63.66M | 112.58M | 101.21M | 124.87M | 104.69M | Investing Cash Flow |
| 25.79M | -31.96M | -34.56M | -139.30M | -33.50M | Financing Cash Flow |
| -108.25M | -77.85M | -64.39M | 43.76M | -71.09M |
IRESS Limited Technical Analysis
IRESS Limited Peers Comparison
IRESS Limited Corporate Events
Iress Limited has announced a binding agreement to sell its European-based low-latency market data business, QuantHouse, to BAHA Tech Holding AG for €17.5 million. This decision follows a strategic review indicating that QuantHouse would thrive better under a new owner committed to its global expansion. Iress will maintain its traditional market data services and has secured a five-year supply agreement with BAHA to continue providing QuantHouse data feeds into its software. The transaction is expected to be completed by the end of the year, with Iress assisting in the transition for up to 12 months. This move aligns with Iress’s focus on strengthening its core operations in Wealth and Trading & Market Data, while BAHA aims to enhance its portfolio with QuantHouse’s expertise in low-latency real-time market data.
Challenger Limited has announced a change in its substantial holding in IRESS Limited, a company known for providing financial services technology. The notice indicates a shift in the voting power of Challenger Limited and its associated entities, reflecting a decrease from 8.23% to 7.20%. This adjustment in holdings could impact Challenger’s influence over IRESS Limited and may have implications for stakeholders monitoring the company’s strategic decisions.
IRESS Limited, a company in the financial services industry, has been notified by Greencape Capital Pty Ltd of a change in its substantial holding status. Greencape Capital has ceased to be a substantial holder in IRESS Limited, which may impact the company’s shareholder composition and influence within the market.
IRESS Limited announced the issuance of 41,780 ordinary fully paid securities, with an issue date of February 28, 2025. This move indicates an expansion in the company’s equity base, potentially impacting its market positioning and offering implications for stakeholders regarding its growth strategy.
IRESS Limited announced the cessation of certain securities, specifically 41,091 performance rights and 635 deferred share rights, due to unmet conditions as of March 31, 2025. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting the company’s ongoing adjustments in its securities management.
IRESS Limited has announced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries having a significant influence over the voting securities. This change reflects the power of State Street to control voting rights and manage securities, potentially impacting IRESS’s market dynamics and stakeholder interests.
IRESS Limited, a company involved in providing financial services technology, has seen a change in the substantial holding of its shares. Greencape Capital Pty Ltd has reduced its voting power in IRESS Limited from 6.35% to 5.31%, indicating a significant shift in its investment strategy. This change could impact IRESS’s market positioning and shareholder dynamics, as Greencape Capital adjusts its stake in the company.
Greencape Capital Pty Ltd has announced a change in its substantial holding in IRESS Limited, a company known for providing software solutions for financial services. This notice highlights changes in voting power and relevant interests, indicating a shift in Greencape Capital’s investment strategy or portfolio management, which could impact IRESS’s market positioning and stakeholder interests.
Norges Bank has become a substantial holder in IRESS Limited, acquiring a 5.10% voting power through its ownership of 9,534,336 ordinary shares. This acquisition signifies a notable investment by the central bank of Norway, potentially impacting IRESS’s shareholder dynamics and reflecting confidence in the company’s market position.
IRESS Limited, a company involved in providing financial technology solutions, has experienced a change in the interests of a substantial holder. Challenger Limited, along with its associated entities, has updated its notice regarding its voting power in IRESS Limited, which now stands at 9.25% from a previous 10.37%. This adjustment in voting power could have implications for IRESS’s shareholder dynamics and influence within the company.
Norges Bank has become a substantial holder in IRESS Limited, acquiring a 5.11% voting power through its management of ordinary shares. This development indicates a significant investment by the Central Bank of Norway, potentially impacting IRESS’s market positioning and signaling confidence in the company’s future prospects.
IRESS Limited has updated its previous announcement to advise on the dividend exchange rates for its ordinary fully paid securities. This update pertains to the dividend distribution for the financial period ending on December 31, 2024, and may impact stakeholders by providing clarity on the financial returns expected from their investments.
IRESS Limited has announced a change in the indirect interest of its director, Marcus Colin Price, who has acquired 34,399 ordinary shares through an on-market purchase. This acquisition is part of a strategy to meet the company’s minimum shareholding requirement, reflecting a commitment to aligning director interests with shareholder value.
IRESS Limited, a company in the financial technology industry, focuses on providing software solutions for financial markets and wealth management. The recent announcement reveals that Norges Bank has ceased to be a substantial holder in IRESS Ltd as of March 10, 2025. This change in holdings may impact the company’s shareholder structure and influence market perceptions of IRESS’s stock, potentially affecting its market positioning and stakeholder interests.
IRESS Limited has announced a change in the interests of its substantial holder, Mitsubishi UFJ Financial Group, Inc., which now has a significant voting power in the company. This change reflects an increase in Mitsubishi UFJ Financial Group’s relevant interest in IRESS Limited’s voting securities, impacting the company’s shareholder structure and potentially influencing its strategic decisions.
IRESS Limited has announced changes in the substantial holdings of its shares, indicating a shift in voting power among its major stakeholders. First Sentier Investors Holdings Pty Limited and its related bodies have adjusted their interests, impacting the overall voting power distribution. This change reflects the dynamic nature of investment management and the strategic decisions made by major financial entities, which could influence IRESS Limited’s future corporate governance and stakeholder engagement.
IRESS Limited has announced a change in the director’s interest, with Susan Margaret Forrester acquiring 2,550 ordinary shares through an on-market trade. This transaction reflects a strategic move by the director, potentially signaling confidence in the company’s future performance and stability, which may influence stakeholder perceptions and market positioning.
Norges Bank has ceased to be a substantial holder in IRESS Limited as of February 24, 2025. This change in holding may impact IRESS’s shareholder composition and could have implications for its market positioning, as changes in substantial holdings often influence investor perceptions and company strategies.
Iress Limited has clarified its financial results for 2024 and provided guidance for 2025, projecting an Adjusted EBITDA of $127m – $135m and NPATA of $54m – $62m. The company announced a final 2024 dividend of 10 cents per share, with a target dividend range of 50-70% of annual NPATA. The UPAT for 2025 is expected to be in the range of $65m – $73m, indicating a 3-15% increase from 2024. The announcement highlights a significant expected decline in M&A and transformation costs, which are anticipated to be $15m – $20m in 2025, down from $42.6m in 2024.
Norges Bank has become a substantial holder in IRESS Limited, acquiring a 5.09% voting power through its management of ordinary shares. This development signifies a notable investment by the central bank of Norway, potentially impacting IRESS’s shareholder dynamics and reflecting confidence in the company’s market position.
IRESS Limited has released its updated corporate governance statement for the financial year ending December 31, 2024, which adheres to the ASX Corporate Governance Council’s principles and recommendations. This announcement signifies the company’s commitment to transparency and accountability in its operations, ensuring stakeholders have access to essential governance information, which is vital for maintaining investor confidence and meeting regulatory requirements.
Iress Limited has reported strong financial results for FY24, marking a significant transformation in its business operations. The company achieved a 25% increase in Adjusted EBITDA to $132.8 million, improved its balance sheet by reducing leverage, and reinstated a final dividend. The strategic divestment of non-core assets and a focus on core business areas have positioned Iress to capitalize on growth opportunities in the global wealth management sector, powered by data and AI. Looking forward to FY25, Iress aims to continue expanding margins and investing in product innovation, with expected growth in both Adjusted EBITDA and NPATA.
IRESS Limited, a company listed on the Australian Securities Exchange under the code IRE, announced a dividend distribution of AUD 0.10 per share for its fully paid ordinary shares. The dividend is related to the twelve-month period ending December 31, 2024, with the ex-dividend date set for March 10, 2025, the record date on March 11, 2025, and payment scheduled for March 31, 2025. This announcement may impact shareholders by providing a return on their investment, reflecting the company’s financial performance over the noted period.
Iress Limited reported a significant turnaround in its financial performance for the year ending December 2024, with a notable shift from a net loss to a net profit of $88.7 million, despite a slight decrease in revenue by 4%. The company’s net tangible assets remain negative due to its reliance on intangible assets and human capital, yet the remarkable improvement in profitability suggests strengthened operations and potential positive implications for stakeholders.
Norges Bank has become a substantial holder in IRESS Limited, as indicated by their acquisition of a 5.01% voting power in the company. This significant investment by the central bank, managing funds on behalf of the Government of Norway, suggests a strong confidence in IRESS’s market positioning and potential future performance, potentially signaling positive implications for stakeholders.
Iress Limited will announce its 2024 full-year financial results on 24 February 2025. The company has scheduled a conference call for investors, led by CEO Marcus Price and CFO Cameron Williamson, to discuss these results. This event represents an opportunity for stakeholders to gain insights into Iress’s financial performance and strategic direction.