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IRESS Limited (AU:IRE)
ASX:IRE
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IRESS Limited (IRE) AI Stock Analysis

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AU:IRE

IRESS Limited

(Sydney:IRE)

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Neutral 65 (OpenAI - 4o)
Rating:65Neutral
Price Target:
AU$9.50
▲(7.34% Upside)
IRESS Limited's overall stock score is driven by a moderate financial recovery and fair valuation. The financial performance shows improvement in profitability and cash flow, though revenue growth and operational cash generation remain concerns. Technical indicators suggest a neutral trend with no strong momentum in either direction. The valuation is reasonable, with a fair P/E ratio and a decent dividend yield. The absence of earnings call data and corporate events means these factors do not influence the score.

IRESS Limited (IRE) vs. iShares MSCI Australia ETF (EWA)

IRESS Limited Business Overview & Revenue Model

Company DescriptionIRESS Limited (IRE) is a prominent technology company based in Australia that specializes in providing software solutions and services for the financial services industry. The company operates in various sectors, including wealth management, trading, and financial market data. IRESS offers a comprehensive range of products, including trading platforms, portfolio management systems, and client relationship management tools, aimed at enhancing the efficiency and effectiveness of financial advisors, stockbrokers, and investment managers.
How the Company Makes MoneyIRESS generates revenue primarily through the subscription model for its software products and services. The company charges its clients periodic fees for access to its platforms, which include trading and market data services. Additional revenue streams include transactional fees for certain services, consulting, and implementation services that help firms integrate IRESS solutions into their operations. IRESS also benefits from strategic partnerships with financial institutions and technology providers, which can enhance its service offerings and expand its market reach, contributing positively to its earnings.

IRESS Limited Financial Statement Overview

Summary
IRESS Limited shows signs of recovery from a challenging 2023, with improvements in profitability and cash flow. The income statement reflects recovering margins and profitability, although revenue growth is challenged. The balance sheet indicates better leverage management and a stronger equity position. Cash flow improvements are significant, but the lack of operating cash flow in 2024 is a potential concern.
Income Statement
55
Neutral
IRESS has experienced fluctuating revenue with a slight decline in 2024 compared to 2023. The gross profit margin remains robust, as it equates to the total revenue indicating strong cost management. However, EBIT was zero in 2024, impacting profitability. EBITDA margin improved significantly from negative in 2023 to positive in 2024, indicating a recovery in operational efficiency. The net profit margin improved in 2024, suggesting better net income management after a loss in 2023.
Balance Sheet
60
Neutral
The company's debt-to-equity ratio has improved, suggesting better leverage management, although it remains relatively high. The return on equity is positive for 2024, rebounding from a negative ROE in 2023, which indicates improved profitability relative to shareholder equity. While the equity ratio has improved, indicating a better proportion of equity financing, the overall financial stability needs cautious monitoring due to historical fluctuations.
Cash Flow
65
Positive
Free cash flow has shown a steady growth, highlighting effective cash management. Despite the absence of operating cash flow in 2024, free cash flow has increased significantly. However, the lack of operating cash flow in 2024 raises concerns about the cash generation from operations. The free cash flow to net income ratio is strong, suggesting solid cash conversion from net income.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue591.58M600.83M625.74M615.59M595.95M542.63M
Gross Profit110.69M124.22M96.38M167.51M138.59M126.78M
EBITDA158.15M154.85M-54.28M119.95M146.39M123.70M
Net Income88.66M88.67M-137.48M52.67M73.80M59.07M
Balance Sheet
Total Assets680.90M730.22M792.22M1.00B1.03B1.01B
Cash, Cash Equivalents and Short-Term Investments40.84M66.19M50.74M63.81M64.87M63.54M
Total Debt191.69M234.03M422.96M462.75M389.38M272.94M
Total Liabilities294.06M352.12M520.21M566.25M495.71M419.65M
Stockholders Equity386.83M378.11M272.01M433.81M536.91M586.80M
Cash Flow
Free Cash Flow72.88M82.91M44.24M84.97M77.08M101.36M
Operating Cash Flow91.28M104.57M63.66M112.58M101.21M124.87M
Investing Cash Flow146.76M129.56M25.79M-31.96M-34.56M-139.30M
Financing Cash Flow-233.55M-213.43M-108.25M-77.85M-64.39M43.76M

IRESS Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.85
Price Trends
50DMA
8.88
Negative
100DMA
8.48
Positive
200DMA
8.36
Positive
Market Momentum
MACD
0.02
Negative
RSI
51.60
Neutral
STOCH
71.43
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IRE, the sentiment is Positive. The current price of 8.85 is above the 20-day moving average (MA) of 8.74, below the 50-day MA of 8.88, and above the 200-day MA of 8.36, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 51.60 is Neutral, neither overbought nor oversold. The STOCH value of 71.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:IRE.

IRESS Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
AU$1.30B17.5165.33%9.50%25.67%744.90%
66
Neutral
€1.14B26.2311.92%1.77%11.15%105.20%
65
Neutral
AU$1.77B49.8535.71%1.21%5.11%12.91%
65
Neutral
€1.66B18.7826.73%2.38%-4.10%341.80%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
53
Neutral
AU$1.08B380.47<0.01%-29.99%-66.84%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:IRE
IRESS Limited
8.85
-0.86
-8.84%
AU:HSN
Hansen Technologies Limited
5.93
0.93
18.72%
AU:BVS
Bravura Solutions Limited
2.71
1.45
115.08%
AU:OCL
Objective Corporation Limited
18.53
2.38
14.74%
AU:RUL
RPMGlobal Holdings Ltd
4.87
1.92
65.08%
AU:FCL
FINEOS Corporation Holdings Plc Shs Chess Depositary Interests Repr 1 Sh
2.75
1.39
102.21%

IRESS Limited Corporate Events

Iress Engages New Parties for Potential Acquisition
Oct 16, 2025

Iress Limited has opened a virtual data room to engage with new third parties interested in acquiring the company, in addition to those previously expressing interest. While there is no certainty of a proposal or offer, the Iress Board remains committed to maximizing shareholder value and acting in their best interests.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$9.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

IRESS Limited Issues and Converts Unquoted Equity Securities
Oct 7, 2025

IRESS Limited announced the issuance and conversion of unquoted equity securities, with a total of 241 ordinary fully paid securities issued on August 31, 2025. This move may impact the company’s capital structure and provide additional resources for its operations, potentially influencing its market positioning and stakeholder interests.

The most recent analyst rating on (AU:IRE) stock is a Buy with a A$9.10 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

IRESS Limited Announces Cessation of Certain Securities
Oct 7, 2025

IRESS Limited announced the cessation of certain securities due to the lapse of conditional rights, as the conditions for these rights were not met by the end of September 2025. This cessation affects the company’s issued capital but does not indicate any immediate operational or strategic shifts. The announcement reflects routine adjustments in the company’s securities management, with no direct implications for stakeholders mentioned.

The most recent analyst rating on (AU:IRE) stock is a Buy with a A$9.10 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

Norges Bank Ceases to be Substantial Holder in IRESS Limited
Oct 2, 2025

IRESS Limited, a company in the financial services industry, focuses on providing software solutions for financial markets, wealth management, and mortgage sectors. Norges Bank has ceased to be a substantial holder in IRESS Limited as of October 1, 2025, following a series of transactions involving buying and returning collateral shares. This change in substantial holding may impact the company’s shareholder structure and influence its market perception.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$9.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

Iress Limited Announces Director Departure and Securities Interests
Sep 8, 2025

Iress Limited announced the cessation of Marcus Colin Price as a director effective September 4, 2025. This notice details Price’s interests in various securities, including ordinary shares and CEO options, reflecting his involvement in the company’s equity plans. The announcement marks a significant change in the company’s leadership structure, potentially impacting its strategic direction and stakeholder relations.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$9.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

IRESS Limited Announces Cessation of Securities
Sep 8, 2025

IRESS Limited announced the cessation of certain securities, including share appreciation rights, performance rights, and options, due to unmet conditions. This lapse reflects adjustments in the company’s securities management, potentially impacting stakeholders’ interests and the company’s financial strategy.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$9.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

Iress Sells QuantHouse to BAHA, Focuses on Core Businesses
Sep 1, 2025

Iress Limited has completed the sale of its QuantHouse business to BAHA Tech Holding AG for €17.5 million. This divestment allows Iress to concentrate on its core businesses in Wealth and Global Trading and Market Data, aiming for organic growth and enhanced shareholder returns. The transaction includes a five-year supply agreement for market data feeds and transitional services for up to 12 months. The sale does not affect Iress’ FY25 guidance, and it is expected to strengthen Iress’ focus on its primary business areas.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$9.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

IRESS Limited Updates Dividend Exchange Rates for 2025
Aug 26, 2025

IRESS Limited has updated its previous announcement to advise on the dividend exchange rates for its ordinary fully paid securities. This update pertains to a dividend distribution related to the six-month period ending on June 30, 2025, with a record date of August 25, 2025. The announcement is significant for stakeholders as it provides clarity on the financial returns expected from their investments, potentially impacting investor sentiment and the company’s market positioning.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$9.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

Iress Limited Explores Acquisition Interest and Plans CEO Succession
Aug 17, 2025

Iress Limited is currently exploring potential acquisition interest, engaging with third parties to assess any change of control proposals that could be recommended by the Iress Board. While discussions are in early stages, the company emphasizes its commitment to maximizing shareholder value. Concurrently, Iress is planning a CEO succession, with current CEO Marcus Price discussing an orderly transition, supported by a search firm to explore potential candidates.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

Iress Limited Reports Strong 1H25 Results Amid Strategic Transformation
Aug 10, 2025

Iress Limited reported its financial results for the first half of 2025, highlighting a 19% increase in underlying EPS and a completed transformation program that has streamlined operations and strengthened the balance sheet. Despite a 3.1% decline in total revenue due to divestments, the continuing business saw a 6.8% revenue increase, driven by strong performance in the UK and global trading sectors. The company is poised for future growth, with strategic investments in new technologies and a focus on enhancing customer experience. The divestment of the Superannuation business has reduced debt, and the upcoming sale of QuantHouse is expected to further improve financial stability. Iress reaffirmed its FY25 guidance, indicating confidence in its growth strategy.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

IRESS Limited Declares Dividend for H1 2025
Aug 10, 2025

IRESS Limited has announced a dividend distribution of AUD 0.11 per share for its ordinary fully paid securities, covering the six-month period ending on June 30, 2025. The ex-dividend date is set for August 22, 2025, with the record date on August 25, 2025, and the payment scheduled for September 22, 2025. This announcement reflects the company’s continued commitment to returning value to its shareholders.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

Iress Limited Engages in Acquisition Talks Amid Media Speculation
Aug 8, 2025

Iress Limited has acknowledged media speculation regarding potential acquisition interest from Blackstone and Thoma Bravo. The company’s board had previously considered an offer from Blackstone, which was later withdrawn, and is now in early discussions with both parties to determine if a recommendable offer can be made. There is no certainty of a proposal or binding transaction, and shareholders are advised that no action is required at this time. Iress is committed to maximizing shareholder value and will provide updates as necessary. The company is also set to release its 2025 Half Year Financial Results on August 11, 2025.

The most recent analyst rating on (AU:IRE) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 01, 2025