FY26 Results Trading Update

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Stock Integrated Research Ltd (IRI.ASX)
Release Time 24 Jul 2026, 10:01 a.m.
Price Sensitive Yes
 Integrated Research Ltd FY26 Trading Update
Key Points
  • Revenue declined by 17% to A$56-58m
  • Pro forma revenue decreased by 13% to A$64-66m
  • EBITDA impacted by credit losses and FX, down (2.0)-(4.0)m
  • Cash position increased by 27% to A$51.7m
Full Summary

Integrated Research Ltd (ASX: IRI) provides a trading update for FY26, highlighting a revenue decline of 17% to A$56-58m, impacted by a softer renewals book and lower second-half new business. Pro forma revenue decreased by 13% to A$64-66m, reflecting challenges in sustaining new business growth. EBITDA was modestly improved in the second half but impacted by expected credit losses and foreign exchange, resulting in a range of (2.0)-(4.0)m. The company maintained robust cash generation, increasing by 27% to A$51.7m, providing a strong foundation for product innovation and growth. CEO Ian Lowe emphasizes the importance of accelerating product monetization and client-led innovation for FY27.

Guidance

FY26 Revenue: A$56-58m, Pro forma Revenue: A$64-66m, EBITDA: (2.0)-(4.0)m

Outlook

Integrated Research Ltd plans to accelerate monetization of new products and expand client-led innovation in FY27, leveraging its position as a trusted partner to leading global organizations.