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Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, South Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital advice solutions, digital client solutions, data-driven compliance and analytics, regulatory obligations management solutions, and revenue and payments management; trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, analytical tools, algorithmic trading, post trade solutions, market data, trading and market data APIs; and mortgage comparison, mortgage advice, lender connectivity, quoting, comparison, application processing services. The company also provides portfolio management, order and execution management, FIX services, analytical tools, connectivity, market data, order management, portfolio management, client relationship management, and wealth management services. It offers its solutions to institutional and independent advisory clients; institutional sell-side, retail, and online brokers; investment, fund, private client advisers, and wealth managers; retail and investment platforms; superannuation funds; and mortgage intermediaries, networks, and Institutional and independent advisory. The company was formerly known as IRESS Market Technology Limited and changed its name to IRESS Limited in May 2012. The company was incorporated in 1993 and is headquartered in Melbourne, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Iress Ltd provides software and data to financial services firms, covering trading and market data, wealth and advice platforms. Long-term drivers are recurring subscription revenue, digitalisation of financial services and international SaaS expansion that may support margins and cash flow. The company appears positioned with a stable client base and high retention supporting predictable revenue.
Key risks include regulatory and compliance changes, intensifying competition from fintech and larger vendors, execution risk on product development and acquisitions, client concentration and sensitivity of some revenues to market activity and currency moves.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 109.22M | 89.89M | -127.06M | 67.92M | 92.87M |
| Net income | 79.26M | 88.67M | -137.48M | 52.67M | 73.80M |
| Selling general administrative | 279.31M | 327.68M | 347.98M | 311.72M | 303.07M |
| Selling and marketing expenses | - | 4.16M | 6.13M | 2.65M | - |
| Gross profit | 148.63M | 124.22M | 96.38M | 617.93M | 595.95M |
| Reconciled depreciation | 27.73M | 46.47M | 51.00M | 40.66M | 46.98M |
| Ebit | 91.55M | 108.39M | -105.28M | 79.82M | 103.30M |
| Ebitda | 119.29M | 154.85M | -54.28M | 120.47M | 150.28M |
| Depreciation and amortization | 27.73M | 46.47M | 51.00M | 40.66M | 46.98M |
| Operating income | 91.55M | 54.44M | 24.51M | 79.82M | 103.30M |
| Other operating expenses | 464.77M | 546.39M | 601.01M | 511.61M | 499.39M |
| Interest expense | 9.07M | 18.49M | 23.71M | 11.38M | 6.55M |
| Tax provision | 29.96M | 1.23M | 10.42M | 15.25M | 19.07M |
| Interest income | 1.83M | 1.74M | 1.93M | 1.01M | 0.19M |
| Net interest income | -7.24M | -16.75M | -21.78M | -12.69M | -9.04M |
| Income tax expense | 29.96M | 1.23M | 10.42M | 15.25M | 19.07M |
| Total revenue | 556.32M | 600.83M | 625.74M | 617.93M | 595.95M |
| Total operating expenses | 57.08M | 69.78M | 120.21M | 511.61M | 499.39M |
| Cost of revenue | 407.69M | 476.61M | 529.36M | 57.49M | 52.98M |
| Total other income expense net | 17.67M | 35.46M | -151.57M | -11.90M | -10.44M |
| Net income from continuing ops | 79.26M | 88.67M | -137.48M | 52.67M | 73.80M |
| Net income applicable to common shares | - | 88.67M | -137.48M | 52.67M | 73.80M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 670.12M | 730.22M | 792.42M | 1000.06M | 1032.62M |
| Intangible assets | 49.87M | 30.18M | 69.66M | 121.26M | 120.13M |
| Other current assets | 45.27M | 87.22M | 49.64M | 11.55M | 34.58M |
| Total liab | 247.01M | 352.12M | 520.41M | 566.25M | 495.71M |
| Total stockholder equity | 423.10M | 378.11M | 272.01M | 433.81M | 536.91M |
| Other current liab | 72.45M | 99.06M | 70.72M | 76.21M | 85.51M |
| Common stock | 419.70M | 419.70M | 419.34M | 419.06M | 493.88M |
| Capital stock | 419.70M | 419.70M | 419.34M | 419.06M | 493.88M |
| Retained earnings | -22.95M | -72.38M | -178.10M | -6.06M | 9.53M |
| Other liab | - | - | - | 11.48M | 12.87M |
| Good will | 410.51M | 411.24M | 481.05M | 603.74M | 622.48M |
| Other assets | - | - | - | 27.34M | 31.58M |
| Cash | 55.34M | 66.19M | 43.88M | 63.35M | 64.39M |
| Cash and equivalents | - | - | - | 63.35M | 64.39M |
| Total current liabilities | 91.84M | 184.41M | 110.09M | 107.47M | 108.84M |
| Current deferred revenue | 1.75M | - | 16.48M | - | - |
| Net debt | 140.72M | 167.85M | 379.08M | 399.40M | 324.99M |
| Short term debt | 11.21M | 68.06M | 14.14M | 15.45M | 15.38M |
| Short long term debt | - | 55.93M | - | - | - |
| Short long term debt total | 196.06M | 234.03M | 422.96M | 462.75M | 389.38M |
| Other stockholder equity | - | - | - | -5.52M | 33.50M |
| Property plant equipment | - | - | - | 89.16M | 109.81M |
| Total current assets | 135.10M | 187.68M | 141.19M | 158.57M | 148.62M |
| Net tangible assets | - | - | - | -291.19M | -205.70M |
| Short term investments | 0.01M | - | 0.53M | - | - |
| Net receivables | 34.48M | 34.28M | 47.15M | 53.60M | 49.65M |
| Long term debt | 120.94M | 121.78M | 363.56M | 388.42M | 296.53M |
| Inventory | - | - | - | 30.06M | - |
| Accounts payable | 6.43M | 17.29M | 8.75M | 15.81M | 7.95M |
| Accumulated other comprehensive income | 26.34M | 30.78M | 30.77M | 20.81M | 33.50M |
| Non current assets total | 535.01M | 542.54M | 651.23M | 841.50M | 884.00M |
| Capital lease obligations | 43.16M | 56.33M | 59.40M | 74.33M | 92.85M |
| Long term debt total | - | - | - | 447.30M | 374.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | 129.56M | 25.79M | -31.96M | -34.56M |
| Change to liabilities | - | - | - | 7.99M | -9.04M |
| Total cashflows from investing activities | 25.59M | 129.56M | 25.79M | -31.96M | -34.56M |
| Net borrowings | -55.74M | -199.70M | -36.00M | 83.86M | 89.08M |
| Total cash from financing activities | -101.69M | -213.43M | -108.25M | -77.85M | -64.39M |
| Change to operating activities | - | - | - | - | -14.13M |
| Net income | 79.26M | 88.67M | -137.48M | 52.67M | 73.80M |
| Change in cash | -10.85M | 22.31M | -19.47M | -1.04M | 1.25M |
| Begin period cash flow | 66.19M | 43.88M | 63.35M | 64.39M | 63.14M |
| End period cash flow | 55.34M | 66.19M | 43.88M | 63.35M | 64.39M |
| Total cash from operating activities | 62.63M | 104.57M | 63.66M | 93.33M | 101.21M |
| Issuance of capital stock | - | 0.36M | 0.28M | - | - |
| Depreciation | 27.73M | 46.47M | 51.00M | 40.66M | 46.98M |
| Other cashflows from investing activities | - | -16.38M | 0.01M | -4.35M | -10.43M |
| Dividends paid | 39.25M | -0.06M | -55.42M | -86.90M | -85.72M |
| Change to account receivables | -17.19M | 2.81M | 0.14M | -10.24M | -5.09M |
| Sale purchase of stock | -0.94M | 0.36M | 0.28M | -74.82M | -68.19M |
| Other cashflows from financing activities | -5.76M | -14.03M | -17.10M | 354.57M | -13.99M |
| Change to netincome | - | - | - | 20.75M | -6.22M |
| Capital expenditures | 13.01M | 21.66M | 19.43M | 27.61M | 24.13M |
| Change in working capital | -15.74M | 10.98M | -0.40M | -28.96M | -48.73M |
| Stock based compensation | - | - | 20.50M | - | - |
| Other non cash items | -28.63M | 93.59M | 129.65M | -93.33M | -120.78M |
| Free cash flow | 49.62M | 82.91M | 44.24M | 65.72M | 77.08M |
Sector: Technology Industry: Software - Application
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| IRE Iress Ltd |
-0.14 2.36% |
5.79 | 12.10 | 11.30 | 2.15 | 2.46 | 2.32 | 7.89 |
| WTC Wisetech Global Ltd |
-0.35 0.78% |
44.49 | 56.76 | 27.86 | 10.80 | 5.09 | 8.44 | 29.47 |
| XRO Xero Ltd |
-0.12 0.17% |
70.74 | - | 57.14 | 4.53 | 2.46 | 4.90 | 15.19 |
| TNE Technology One Ltd |
-0.51 1.54% |
32.65 | 77.12 | 53.48 | 17.20 | 24.08 | 16.02 | 36.25 |
| 360 LIFE360 Inc |
-0.42 1.84% |
22.45 | 24.04 | 42.37 | 9.55 | 5.97 | 6.09 | 136.92 |
Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, South Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital advice solutions, digital client solutions, data-driven compliance and analytics, regulatory obligations management solutions, and revenue and payments management; trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, analytical tools, algorithmic trading, post trade solutions, market data, trading and market data APIs; and mortgage comparison, mortgage advice, lender connectivity, quoting, comparison, application processing services. The company also provides portfolio management, order and execution management, FIX services, analytical tools, connectivity, market data, order management, portfolio management, client relationship management, and wealth management services. It offers its solutions to institutional and independent advisory clients; institutional sell-side, retail, and online brokers; investment, fund, private client advisers, and wealth managers; retail and investment platforms; superannuation funds; and mortgage intermediaries, networks, and Institutional and independent advisory. The company was formerly known as IRESS Market Technology Limited and changed its name to IRESS Limited in May 2012. The company was incorporated in 1993 and is headquartered in Melbourne, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. John Harris | Chief Financial Officer | NA |
| Mr. Andrew Todd | Chief Technology Officer | NA |
| Mr. Peter Ferguson | Chief Legal Officer & Company Sec. | NA |
| Ms. Kelly Fisk | Chief Communications & Marketing Officer | NA |
| Ms. Julia McNeill | Chief People Officer | NA |
| Mr. Andrew Leslie Walsh | Consultant | 1974 |
| Mr. Simon New | Chief Commercial Officer | NA |
| Mr. Joydip Das | Chief Product Officer | NA |
| Mr. Marcus Colin Price | MD, CEO & Director | NA |
| Mr. Michael Harrison | Managing Director of Sales & Strategic Relationships | NA |
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