• Delivered strong FY24 results, ahead of guidance
• Materially strengthened balance sheet and reset asset and cost base
• Building growth vectors in Trading & Global Market Data and Wealth Management

Iress has delivered strong FY24 financial results, ahead of guidance, with a 25.2% increase in Adjusted EBITDA, 72.4% increase in Underlying EPS, and a significant improvement in free cash flow and balance sheet. The company has focused on driving operating leverage and building growth vectors in its two strategic and profitable businesses: Trading & Global Market Data and Wealth Management. Iress' transformation program has delivered on key objectives, embedding management disciplines, resetting the cost base, divesting non-strategic assets, and refreshing the leadership and product roadmap. The company has materially strengthened its balance sheet, with debt refinancing completed in January 2025 and the leverage ratio reduced to 1.0x. Iress has reinstated its dividend, with a final dividend of 10 cents per share (25% franked). The company has provided FY25 guidance, targeting Adjusted EBITDA of $127m-$135m and NPATA of $54m-$62m. Iress is well-positioned to leverage its core competencies and industry tailwinds to drive future growth, with a focus on technology modernisation, expanding access to advice, and delivering its product roadmap.

FY25 Adjusted EBITDA: $127m - $135m (6% - 12% vs FY24) FY25 NPATA: $54m - $62m (80% - 106% vs FY24)

Iress is well-positioned to leverage its core competencies and industry tailwinds to drive future growth, with a focus on technology modernisation, expanding access to advice, and delivering its product roadmap.