Integrated Research Limited (ASX:IRI) Releases Half-Year Financial Report
Financial Performance
Integrated Research Limited reported a net profit after tax of $4.6 million for the half-year ended 31 December 2024, representing a 59% decrease compared to the previous corresponding period. Revenue declined by 29% to $28.8 million, primarily due to a lower value renewals book in the first half of FY25. The Board did not declare an interim dividend for the current period, with future dividend assessments to follow annual results.
Operational Highlights
The company achieved a 76% increase in revenue from new business, totaling $7.6 million. Additionally, Integrated Research launched High Value Payments within its Transact product group and secured a major US bank as a foundation client.
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