• Strengthened balance sheet providing financial flexibility
• FY25 headline financial results delivered ahead of guidance
• Simplified business with sharpened strategic focus on Wealth and Trading & Market Data

In 2025, Iress emerged from its transformation era as a simpler and more resilient organisation focused on two core enterprise software businesses: Wealth and Trading & Market Data. The company delivered strong financial performance in FY25, with revenue decreasing by 7.1% to $561.7 million due to the impact of asset sales in prior years. However, continuing business revenue, excluding divested businesses, increased by 6.5% to $504.3 million, reflecting the underlying strength and momentum of Iress' core operations. Adjusted EBITDA increased by 2.6% to $136.2 million, ahead of the Group's guidance range. On a continuing business basis, Adjusted EBITDA was $132.6 million, up 14.9% on FY24, demonstrating the benefits of simplification, cost discipline and a sharper operational focus. Statutory net profit after tax (NPAT) for the year was $79.3 million, and Underlying profit after tax (UPAT) continued to strengthen, increasing 16.6% to $73.9 million. The Board has declared a final dividend of 13 cents per share, 100% franked, representing a payout ratio of 61% for FY25. Iress also made progress in client engagement and product innovation, with a 15 point increase in Net Promoter Score during the year. The company launched an accelerated business efficiency program targeting a FY26 Cash EBITDA exit run-rate of +25%, with the savings to be reinvested into strengthening its core platforms and building new revenue channels.

Iress expects to achieve a FY26 Cash EBITDA exit run-rate of +25% through its business efficiency program.

Under re-energised leadership, Iress is committed to delivering an enhanced product roadmap centred on uplifting its mission-critical infrastructure and supporting the future needs of its clients while driving superior shareholder value.