Board Change • May 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Peter Lloyd is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 12
Integrated Research Limited to Report First Half, 2026 Results on Feb 26, 2026 Integrated Research Limited announced that they will report first half, 2026 results on Feb 26, 2026 Board Change • Dec 24
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Chairman Peter Lloyd is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Dec 03
Integrated Research Unveils Iris Integrated Research unveiled Iris, the only conversational AI intelligence layer built for multi-vendor unified communications and collaboration (UC&C) observability. Powered by IR's leading observability platform Prognosis, Iris translates complex monitoring data into actionable insights, answering plain language questions such as "Why are dropped calls spiking in Singapore?" or "which department had the worst Teams experience today?" with detailed, context-rich responses. As enterprises scale hybrid and multi-cloud environments, global outage costs continue to rise with one in five outage costs reported to exceed costs of USD 1 million. By 2026, organizations that apply observability automatically are predicted to achieve measurable competitive advantage through AI-assisted insight and automation. Iris is embedded in Prognosis as a true real-time intelligence layer, so that IT teams can spend less time monitoring and more time making decisions that drive elite enterprise performance. Meet Iris: The natural language AI built for observability: Democratize insight - Iris removes the barriers between people and data, giving everyone the power to understand what's happening and why. Accelerate resolution - Spend less time digging and more time doing. Iris provides key insights instantly so teams can resolve issues before they escalate. Empower smarter decisions - From IT operations to executives, Iris helps see patterns, spot risks, and act with confidence - all powered by IR's decades of domain expertise. The launch is part of the general release of Prognosis 13.2, the most innovative version of IR's flagship observability platform released to date, offering deeper insights and better experiences for IT teams managing the performance of large unified communications, collaboration and payments ecosystems. What's new in Prognosis 13.2: Iris: natural-language AI assistant for UC&C observability - answers domain-specific questions with insight and suggested actions within seconds. Workflow-aware automation - outbound ITSM alerting (starting with ServiceNow) to reduce manual triage and mean time to resolution. Faster reporting for Microsoft Teams and Cisco Webex - improved speed, scalability and long-term performance for large UC datasets. Genesys Cloud visibility - first CCaaS module delivering a unified service view. Assurance for recorded interactions - integration with Verint Call Recording on Genesys Engage to verify status, quality and availability. Broader Microsoft Teams coverage - extended Microsoft Teams monitoring to include Teams rooms. Payments and capacity enhancements - real-time visibility for SWIFT and Fed ISO schemes, multi-workload NonStop capacity management, BASE24 eps monitoring on Linux and a vendor-neutral ingest via a TCP IP listeners and Kafka. The release of Iris comes following the company's recent launch of Prognosis Elevate, IR's new fully managed insight-as-a-service platform for UC&C ecosystems. Clients using Prognosis Elevate will gain automatic access to Iris with the Prognosis 13.2 upgrade. Annuncio • Nov 05
Integrated Research Ltd Launches New Observability-As-A-Service Platform Prognosis Elevate as Hybrid It Complexities Integrated Research Ltd. unveiled Prognosis Elevate, a new fully managed observability-as-a-service platform for unified communications and collaboration (UC&C) ecosystems. Powered by IR's market-leading core technology, Prognosis, the new cloud-based platform gives enterprises deep visibility of complex, multi-vendor IT environments without the burden of managing infrastructure. Each customer instance of Prognosis Elevate runs in a dedicated AWS Virtual Private Cloud (VPC), with regional hosting options to meet compliance, latency and data-sovere sovereignty requirements. The launch comes as demand continues to accelerate for secure, scalable observability solutions that can manage fragmented enterprise environments. It's now estimated that more than 90% of enterprises operate hybrid or multi-cloud IT environments, with more than 70% of enterprises reported to be increasing their observability investment to manage the performance of these complex ecosystems. What Prognosis Elevate offers: Prognosis-as-a-service: subscription-based, cloud-hosted observability for unified communications and collaboration (UC&C) ecosystems in large-scale enterprises. Dedicated AWS VPC per client: regional selection for compliance, latency and data residency. Continuous innovation: automatic access to the latest Prognosis features as they are released. Enterprise-grade analytics: real-time telemetry reporting across complex UC&C ecosystems, with payments visibility capability coming soon. Simplified operations: no hardware procurement or upgrade cycles. Security and control: clients retain configuration visibility; IR handles the infrastructure. Flexible scale and global support: backed by IR's DevOps, services and 24x7 teams worldwide. Prognosis Elevate is available now for enterprises globally. Annuncio • Sep 19
Integrated Research Limited, Annual General Meeting, Nov 24, 2025 Integrated Research Limited, Annual General Meeting, Nov 24, 2025. Declared Dividend • Aug 28
Dividend of AU$0.02 announced Dividend of AU$0.02 is the same as last year. Ex-date: 3rd September 2025 Payment date: 21st October 2025 Dividend yield will be 4.6%, which is higher than the industry average of 0.6%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 26% over the next 3 years. However, it would need to fall by 71% to increase the payout ratio to a potentially unsustainable range. New Risk • Aug 27
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 20% Last year net profit margin: 33% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.2% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (20% net profit margin). Market cap is less than US$100m (AU$77.1m market cap, or US$49.9m). Reported Earnings • Aug 27
Full year 2025 earnings released: EPS: AU$0.076 (vs AU$0.16 in FY 2024) Full year 2025 results: EPS: AU$0.076 (down from AU$0.16 in FY 2024). Revenue: AU$68.3m (down 18% from FY 2024). Net income: AU$13.4m (down 51% from FY 2024). Profit margin: 20% (down from 33% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Aug 18
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Chairman of the Board Peter Lloyd is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jul 17
Integrated Research Limited to Report Fiscal Year 2025 Results on Aug 21, 2025 Integrated Research Limited announced that they will report fiscal year 2025 results on Aug 21, 2025 Annuncio • Jun 05
Integrated Research Announces Enhanced Cisco Cloud Migration Support Integrated Research (IR) announced a preview of its enhanced Cisco cloud migration solution at Cisco Live - San Diego. As organizations accelerate their move to the cloud, IR is bringing innovations that streamline complex migration journeys. The latest enhancements provide deeper visibility, real-time insights, and intelligent insights, enabling customers to reduce risk, lower their total cost of ownership, and ensure a seamless transition without disrupting the user experience. Cisco Live attendees will receive an exclusive first look at IR's enhanced cloud migration capabilities. IR experts will provide live demos showcasing how Prognosis helps clients: Navigate even the most complex cloud migrations; Ensure user adoption and seamless experience; M maintain service quality and mitigate risk every step of the way. Board Change • Feb 04
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Chairman of the Board Peter Lloyd is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jan 16
Integrated Research Limited to Report First Half, 2025 Results on Feb 20, 2025 Integrated Research Limited announced that they will report first half, 2025 results on Feb 20, 2025 Board Change • Dec 24
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Chairman of the Board Peter Lloyd is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Chairman of the Board Peter Lloyd is the most experienced director on the board, commencing their role in 2010. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Annuncio • Oct 18
Integrated Research Limited Announces Company Secretary Changes Integrated Research Limited announced the appointment of Leanne Ralph as Company Secretary with effect from 1 November 2024. Ms. Ralph is a seasoned Company Secretary with experience across a high number of companies. Integrated Research further announces the resignation of Will Witherow as Company Secretary, upon his return to the U.S. with effect from 30 November 2024. Mr. Witherow joined Integrated Research in July 2017, and was appointed General Counsel & Company Secretary in April 2022. Mr. Witherow will continue as General Counsel for Integrated Research upon his return to the U.S. Annuncio • Oct 10
Integrated Research Appoints Ian Lowe as CEO Integrated Research (IR) has welcomed Ian Lowe as Chief Executive Officer. Ian brings over 20 years of leadership experience across various industries, with a focus on driving business transformation, growth, and innovation. Ian has held several prominent leadership roles, including Global CEO at Daxci, CEO at EP&T Global, and CEO and Executive Director at Adslot. His experience spans diverse industries, making him well-equipped to lead IR into its next phase. Upcoming Dividend • Aug 26
Upcoming dividend of AU$0.02 per share Eligible shareholders must have bought the stock before 02 September 2024. Payment date: 15 October 2024. Trailing yield: 3.3%. Lower than top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (0.4%). Annuncio • Aug 22
Integrated Research Limited Declares Fully Franked Final Dividend for the Year Ended June 30, 2024, Payable on October 15, 2024 On August 20, 2024, the directors of Integrated Research Limited declared a fully franked final dividend for the year ended June 30, 2024 of 2.0 cents per ordinary share and will be paid on October 15, 2024 with a record date of September 3, 2024. Annuncio • Aug 21
Integrated Research Limited, Annual General Meeting, Nov 27, 2024 Integrated Research Limited, Annual General Meeting, Nov 27, 2024. New Risk • Aug 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 20% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 20% per year for the foreseeable future. High level of non-cash earnings (29% accrual ratio). Minor Risk Market cap is less than US$100m (AU$113.5m market cap, or US$76.5m). Annuncio • Aug 07
Integrated Research Limited Announces the Appointment of Ian Lowe as the New Chief Executive Officer, Effective October 1, 2024 Integrated Research Limited announced the appointment of Ian Lowe as the new Chief Executive Officer, effective October 1, 2024. Ian brings a wealth of experience and a proven track record of success in building and consolidating high-growth technology businesses. His appointment marks an exciting chapter for the company as it undertakes its product led growth strategy. Ian Lowe is a dynamic, innovative, passionate, and outcomes-driven leader with a deep understanding of the technology industry. He has served as CEO and Executive Director of ASX listed and privately held companies spanning Finance, Media, Sustainability and Measurement, including Adslot, EP&T Global, Opus Consulting and Facilitate Digital. His strategic and operational expertise encompasses a wide range of technology areas including platforms, cloud, digital marketplaces, big data, digital media, and workflow and transactional automation. With a focus on stakeholder management and building exceptional leadership teams, Ian has a proven track record of defining and implementing strategies that drive growth and success. He has successfully led cloud-enabled platforms, digital marketplaces, and data-driven propositions under various business models including SaaS, subscription, and transactional models. Buy Or Sell Opportunity • Jul 30
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 110% to AU$0.87. The fair value is estimated to be AU$0.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Jul 18
Integrated Research Limited to Report Fiscal Year 2024 Results on Aug 20, 2024 Integrated Research Limited announced that they will report fiscal year 2024 results on Aug 20, 2024 Buy Or Sell Opportunity • Jul 01
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 129% to AU$0.87. The fair value is estimated to be AU$0.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 25
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 125% to AU$0.84. The fair value is estimated to be AU$0.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Meanwhile, the company became loss making. New Risk • May 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risk Market cap is less than US$100m (AU$107.4m market cap, or US$70.6m). Recent Insider Transactions • Apr 20
Independent Non-Executive Director recently bought AU$98k worth of stock On the 11th of April, Mark Ronald Brayan bought around 260k shares on-market at roughly AU$0.38 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 27
First half 2024 earnings released: EPS: AU$0.064 (vs AU$0.019 in 1H 2023) First half 2024 results: EPS: AU$0.064 (up from AU$0.019 in 1H 2023). Revenue: AU$40.8m (up 6.3% from 1H 2023). Net income: AU$11.2m (up 248% from 1H 2023). Profit margin: 27% (up from 8.4% in 1H 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Annuncio • Feb 13
Integrated Research Limited to Report First Half, 2024 Results on Feb 22, 2024 Integrated Research Limited announced that they will report first half, 2024 results on Feb 22, 2024 Annuncio • Jan 22
Integrated Research Limited Announces Resignation of James Scott as Director, Effective 30 January 2024 Integrated Research Limited announced that Mr. James Scott will resign from the Board with effect from 30 January 2024. Mr. Scott has been a Director of Integrated Research Limited since May 2021. The Directors have accepted Mr. Scott's resignation with regret. Mr. Scott's contribution to Integrated Research Limited is greatly appreciated by the Directors and Management. Annuncio • Jan 12
Integrated Research Limited Announces Chief Financial Officer Changes Integrated Research announced the appointment of Christian Shaw as Chief Financial Officer (CFO). Christian commences with the Company on 15 January 2024, working alongside outgoing Interim CFO, Matthew Walton to ensure a seamless transition. Christian will assume the CFO role upon 1 March 2024. Christian brings extensive experience as a Senior Finance Executive, with a strong operational, commercial and strategic focus. He was formerly CFO at AJG Australia Pty Ltd. Prior to that, he was the CFO at Multicom Resources, MOKO Social Media Limited and iCash Payment Systems. Christian graduated with a Bachelor of Business from the University of Technology Sydney and is a Certified Practicing Accountant. Matthew commenced as Interim CFO in July 2022 and has led significant business change and process improvements during his tenure with IR including reducing cost base, improving cash flow discipline and increasing overall commercial awareness across the business. Matthew will continue with IR until 29 February 2024. Annuncio • Jan 11
Integrated Research Limited Provides Revenue Guidance for the Full Year 2023 Integrated Research Limited provided revenue guidance for the full year 2023. Subject to audit, the company expected the TCV result to translate into reported statutory revenue in the range of $39 million - $42 million for the period, an increase of 1% - 9% on the pcp. On a pro-forma basis, revenue is anticipated to be in the range of $36 million - $38 million, down -6% - 0% on the pcp, reflecting lower recurring (licence) revenue. Annuncio • Oct 24
Integrated Research Limited Announces the Appointment of Michael Hitz as Independent Non-Executive Director Integrated Research Limited announced that Michael Hitz has been appointed to the Board as an Independent Non-Executive Director with effect from 23 October 2023. Michael's career spans roles from engineering communications infrastructure in energy, mining and telecommunications, to corporate strategy, mergers and acquisitions and investing. Over the past five years Michael has worked with a leading pan-Asian fund who invest in public companies pursuing growth in payments, telecommunications and energy. Prior to this, Michael was a Partner and Managing Director for The Boston Consulting Group, where he held roles including leading the technology, media and telecommunications business. Michael is a Director of The Institute for Economics and Peace Limited. Michael holds a degree in computer engineering with honours from the University of Newcastle, Australia. Annuncio • Sep 29
Integrated Research Limited Announces Resignation of Allan Brackin as Director, Effective from 30 September 2023 Integrated Research Limited announced that Mr. Allan Brackin will resign from the Board with effect from 30 September 2023. Mr. Brackin has been a Director of Integrated Research Limited since February 2021. During his tenure, Mr. Brackin has served on the Audit and Risk Committee and as Chair of the Nomination and Remuneration Committee. Directors have accepted Mr. Brackin's resignation with regret. Reported Earnings • Aug 26
Full year 2023 earnings released: AU$0.17 loss per share (vs AU$0.009 profit in FY 2022) Full year 2023 results: AU$0.17 loss per share (down from AU$0.009 profit in FY 2022). Revenue: AU$69.8m (up 11% from FY 2022). Net loss: AU$29.2m (down AU$30.8m from profit in FY 2022). Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Software industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. Annuncio • Aug 26
Integrated Research Limited, Annual General Meeting, Nov 22, 2023 Integrated Research Limited, Annual General Meeting, Nov 22, 2023. New Risk • Aug 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin). Market cap is less than US$100m (AU$77.0m market cap, or US$49.3m). Reported Earnings • Feb 17
First half 2023 earnings released: EPS: AU$0.019 (vs AU$0.01 in 1H 2022) First half 2023 results: EPS: AU$0.019 (up from AU$0.01 in 1H 2022). Revenue: AU$38.4m (up 19% from 1H 2022). Net income: AU$3.22m (up 80% from 1H 2022). Profit margin: 8.4% (up from 5.5% in 1H 2022). Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in Australia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 25 percentage points per year, which is a significant difference in performance. Buying Opportunity • Sep 03
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be AU$0.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 51%. Reported Earnings • Aug 19
Full year 2022 earnings released: EPS: AU$0.009 (vs AU$0.046 in FY 2021) Full year 2022 results: EPS: AU$0.009 (down from AU$0.046 in FY 2021). Revenue: AU$62.9m (down 20% from FY 2021). Net income: AU$1.55m (down 81% from FY 2021). Profit margin: 2.5% (down from 10% in FY 2021). Over the next year, revenue is forecast to grow 12%, compared to a 41% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 43% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 20
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.01 (up from AU$0.001 in 1H 2021). Revenue: AU$32.3m (down 5.3% from 1H 2021). Net income: AU$1.79m (up AU$1.66m from 1H 2021). Profit margin: 5.5% (up from 0.4% in 1H 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.0%, compared to a 30% growth forecast for the industry in Australia. Over the last 3 years on average, earnings per share has fallen by 32% per year and the company’s share price has also fallen by 32% per year. Recent Insider Transactions • Oct 01
Non-Executive Independent Director recently bought AU$80k worth of stock On the 29th of September, Allan Brackin bought around 50k shares on-market at roughly AU$1.61 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$239k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 22
Full year 2021 earnings released: EPS AU$0.046 (vs AU$0.14 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: AU$78.5m (down 29% from FY 2020). Net income: AU$7.94m (down 67% from FY 2020). Profit margin: 10% (down from 22% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improved over the past week After last week's 17% share price gain to AU$2.14, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 40x in the Software industry in Australia. Total loss to shareholders of 10.0% over the past three years. Executive Departure • Jul 13
Chief Commercial Officer Matthew Glasner has left the company On the 30th of June, Matthew Glasner's tenure as Chief Commercial Officer ended after 2.5 years in the role. We don't have any record of a personal shareholding under Matthew's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 3.25 years. Executive Departure • Mar 23
Independent Chairman Paul Brandling has left the company On the 20th of March, Paul Brandling's tenure as Independent Chairman ended after 5.6 years in the role. As of December 2020, Paul personally held 39.34k shares (AU$105k worth at the time). A total of 2 executives have left over the last 12 months. Recent Insider Transactions • Feb 26
Non-Executive Independent Director recently bought AU$107k worth of stock On the 25th of February, Allan Brackin bought around 50k shares on-market at roughly AU$2.13 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$59m more in shares than they bought in the last 12 months. Is New 90 Day High Low • Feb 24
New 90-day low: AU$2.17 The company is down 35% from its price of AU$3.32 on 26 November 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 5.0% over the same period. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to AU$2.17, the stock is trading at a trailing P/E ratio of 29.9x, down from the previous P/E ratio of 35.3x. This compares to an average P/E of 31x in the Software industry in Australia. Total return to shareholders over the past three years is a loss of 40%. Reported Earnings • Feb 19
First half 2021 earnings released: EPS AU$0.001 (vs AU$0.069 in 1H 2020) The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: AU$34.1m (down 36% from 1H 2020). Net income: AU$129.0k (down 99% from 1H 2020). Profit margin: 0.4% (down from 22% in 1H 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Feb 19
Revenue beats expectations Revenue exceeded analyst estimates by 0.03%. Over the next year, revenue is expected to shrink by 1.7% compared to a 23% growth forecast for the Software industry in Australia. Annuncio • Jan 19
Integrated Research Limited Appoints Allan Brackin to the Board as A Non-Executive Independent Director, Effective from February 01, 2021 Integrated Research Limited announced that Mr. Allan Brackin will be appointed to the Board as a Non-Executive Independent Director with effect from 1st February 2021. Mr. Brackin is a seasoned non-executive director with entrepreneurial flair and over 35 years experience in the technology sector. Is New 90 Day High Low • Jan 14
New 90-day low: AU$2.48 The company is down 35% from its price of AU$3.84 on 16 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 30
New 90-day low: AU$2.63 The company is down 24% from its price of AU$3.46 on 02 October 2020. The Australian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 16
New 90-day low: AU$3.14 The company is down 9.0% from its price of AU$3.44 on 17 September 2020. The Australian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 18% over the same period. Is New 90 Day High Low • Nov 27
New 90-day low: AU$3.32 The company is down 22% from its price of AU$4.26 on 28 August 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 12% over the same period. Annuncio • Jul 18
Integrated Research Limited to Report Fiscal Year 2020 Results on Aug 20, 2020 Integrated Research Limited announced that they will report fiscal year 2020 results at 9:20 PM, GMT Standard Time on Aug 20, 2020 
