Australia · Delayed Price · Currency is AUD Iress Earnings Call Transcripts
Fiscal Year 2026
-
The meeting highlighted improved profitability, a simplified business model, and strong dividend payouts. Strategic focus is on operational efficiency, AI-driven innovation, and customer-centric execution, with all resolutions receiving strong shareholder support.
Fiscal Year 2025
-
FY25 results exceeded guidance with 6.5% revenue growth and 14.9% higher adjusted EBITDA, driven by business simplification, cost discipline, and margin expansion. FY26 guidance targets further revenue and margin growth, with continued investment in platform modernization and a strong balance sheet.
-
First half 2025 saw strong revenue and profit growth in core wealth and trading segments, with robust recurring revenue, low leverage, and increased R&D investment. Guidance for 2025 is reaffirmed, with cost savings and new product initiatives supporting future growth.
-
The meeting highlighted a successful transformation, with strong FY24 financials, a leaner structure, and renewed board. Shareholders supported all resolutions, and management outlined clear growth strategies and ongoing cost base normalization. Dividend was reinstated.
Fiscal Year 2024
-
Record FY 2024 results exceeded guidance, with Adjusted EBITDA up 25% and NPATA up over 70%. Strong cost discipline, asset sales, and focus on core businesses drove margin expansion and balance sheet strength. FY 2025 guidance targets further growth in NPATA and EBITDA.
-
Transformation program drove a 52% uplift in adjusted EBITDA and significant margin expansion, enabling a 9% guidance upgrade and reinstatement of the final dividend. Divestments and cost discipline reduced net debt by AUD 240 million, with all core segments except Superannuation showing strong performance.