Iress Future Growth

Future criteria checks 1/6

Iress's revenue is forecast to decline at 0.01% per annum while its annual earnings are expected to grow at 3.4% per year. EPS is expected to grow by 2.1% per annum. Return on equity is forecast to be 19.4% in 3 years.

Key information

3.4%

Earnings growth rate

2.1%

EPS growth rate

Software earnings growth	25.7%
Revenue growth rate	-0.01%
Future return on equity	19.4%
Analyst coverage	Good
Last updated	23 Apr 2025

Recent future growth updates

Recent updates

Investment In Digital Advice Will Advance Core Business Amid APAC Wealth Sector Risks

Mar 02 Strategic focus on core businesses and efficiency improvements enhances profitability and positions Iress for future revenue growth.

Shareholders May Be More Conservative With Iress Limited's (ASX:IRE) CEO Compensation For Now

Apr 29

Looking For Steady Income For Your Dividend Portfolio? Is Iress Limited (ASX:IRE) A Good Fit?

Mar 29

How Much Did Iress'(ASX:IRE) Shareholders Earn From Share Price Movements Over The Last Five Years?

Mar 18

Here's What To Make Of Iress' (ASX:IRE) Returns On Capital

Mar 07

Earnings and Revenue Growth Forecasts

ASX:IRE - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	572	78	95	124	8
12/31/2026	561	71	92	115	9
12/31/2025	569	48	55	86	9
12/31/2024	605	89	83	105	N/A
9/30/2024	613	54	66	84	N/A
6/30/2024	621	20	48	64	N/A
3/31/2024	623	-59	46	64	N/A
12/31/2023	626	-137	44	64	N/A
9/30/2023	622	-128	55	79	N/A
6/30/2023	619	-118	66	94	N/A
3/31/2023	617	-33	75	103	N/A
12/31/2022	616	53	85	113	N/A
9/30/2022	615	58	86	111	N/A
6/30/2022	614	63	87	110	N/A
3/31/2022	605	69	82	106	N/A
12/31/2021	596	74	77	101	N/A
9/30/2021	579	74	N/A	N/A	N/A
6/30/2021	562	74	83	104	N/A
3/31/2021	552	66	92	114	N/A
12/31/2020	543	59	101	125	N/A
9/30/2020	540	60	N/A	N/A	N/A
6/30/2020	538	61	91	112	N/A
3/31/2020	523	63	90	107	N/A
12/31/2019	509	65	90	103	N/A
9/30/2019	493	64	95	109	N/A
6/30/2019	477	62	99	115	N/A
3/31/2019	471	63	88	108	N/A
12/31/2018	465	64	76	101	N/A
9/30/2018	456	63	N/A	96	N/A
6/30/2018	448	62	N/A	92	N/A
3/31/2018	439	61	N/A	88	N/A
12/31/2017	430	60	N/A	84	N/A
9/30/2017	419	58	N/A	84	N/A
6/30/2017	407	56	N/A	84	N/A
3/31/2017	398	58	N/A	87	N/A
12/31/2016	390	59	N/A	91	N/A
9/30/2016	386	60	N/A	91	N/A
6/30/2016	383	60	N/A	92	N/A
3/31/2016	372	58	N/A	92	N/A
12/31/2015	361	55	N/A	91	N/A
9/30/2015	347	52	N/A	90	N/A
6/30/2015	332	49	N/A	88	N/A
3/31/2015	331	50	N/A	86	N/A
12/31/2014	329	51	N/A	83	N/A
9/30/2014	322	44	N/A	74	N/A
6/30/2014	316	36	N/A	65	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IRE's forecast earnings growth (3.4% per year) is above the savings rate (2.7%).

Earnings vs Market: IRE's earnings (3.4% per year) are forecast to grow slower than the Australian market (11.6% per year).

High Growth Earnings: IRE's earnings are forecast to grow, but not significantly.

Revenue vs Market: IRE's revenue is expected to decline over the next 3 years (-0.01% per year).

High Growth Revenue: IRE's revenue is forecast to decline over the next 3 years (-0.01% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IRE's Return on Equity is forecast to be low in 3 years time (19.4%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/24 08:33
End of Day Share Price	2025/04/24 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Iress Limited is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anthony Hoo	ANZ Equities Pty Limited
Nicholas McGarrigle	Barrenjoey Markets Pty Limited
Scott Hudson	CLSA

Iress Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 21%

Price target decreased by 7.7% to AU$9.72

Consensus EPS estimates increase by 26%

Price target increased by 7.1% to AU$9.87

Price target increased by 10% to AU$8.90

Consensus EPS estimates fall by 19%

Recent updates

Iress Limited, Annual General Meeting, May 02, 2025

MD, CEO & Director recently bought AU$271k worth of stock

Upcoming dividend of AU$0.10 per share

Consensus EPS estimates fall by 21%

Investment In Digital Advice Will Advance Core Business Amid APAC Wealth Sector Risks

Price target decreased by 7.7% to AU$9.72

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Iress Limited Announces Ordinary Dividend for the Period of Twelve Months Ended December 31, 2024, Payable March 31, 2025

Investor sentiment deteriorates as stock falls 19%

Iress (ASX:IRE) Will Be Hoping To Turn Its Returns On Capital Around

Apex Group Ltd. agreed to acquire Superannuation business of Iress Limited (ASX:IRE).

Consensus EPS estimates increase by 26%

Iress Limited Plan to Reinstate a Final Dividend for Fiscal Year 2024, Payable in March 2025

First half 2024 earnings released: EPS: AU$0.095 (vs AU$0.77 loss in 1H 2023)

Waiting Game for Blackstone with Low-Ball Offer for Iress Up in Air

Price target increased by 7.1% to AU$9.87

Iress Limited to Report First Half, 2024 Results on Aug 19, 2024

Praemium Limited (ASX:PPS) agreed to acquire OneVue Holdings Limited from Iress Limited (ASX:IRE) for AUD 21 million.

New major risk - Financial position

Full year 2023 earnings: EPS and revenues miss analyst expectations

Iress Limited, Annual General Meeting, May 02, 2024

Iress Limited to Report Second Half, 2023 Results on Feb 21, 2024

Price target increased by 10% to AU$8.90

Consensus EPS estimates fall by 19%

Iress Announces Executive Changes

Independent Non-Executive Chairman recently bought AU$200k worth of stock

SS&C Technologies Holdings, Inc. (NasdaqGS:SSNC) entered into definitive agreement to acquire Managed funds administration business of Iress for AUD 52 million.

First half 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

SS&C Technologies Holdings, Inc. (NasdaqGS:SSNC) entered into definitive agreement to acquire Managed funds administration business of Iress.

Investor sentiment deteriorates as stock falls 36%

Iress Limited Announces Resignation of Peter Ferguson as Company Secretary Effective 10 August 2023

Iress Limited Appoints Georgina Gillingham as an Additional Company Secretary

Iress Limited Appoints Cameron Williamson as Group Chief Financial Officer, Effective from 24 July 2023

Now 20% undervalued

Iress Limited to Report Q2, 2023 Results on Aug 21, 2023

Independent Non-Executive Chairman recently bought AU$73k worth of stock

Consensus EPS estimates fall from profit to AU$0.56 loss

Consensus EPS estimates fall by 29%

Price target decreased by 8.4% to AU$10.94

Full year 2022 earnings: EPS misses analyst expectations

Iress Limited, Annual General Meeting, May 04, 2023

Iress Limited to Report Fiscal Year 2022 Results on Feb 20, 2023

Price target decreased by 7.1% to AU$11.94

An unknown buyer acquired an unknown stake in Iress Limited (ASX:IRE) from Mirrabooka Investments Limited (ASX:MIR).

High number of new directors

Price target decreased to AU$11.89

High number of new directors

Iress Limited Appoints Anthony James Glenning as Non-Executive Director

MD, CEO & Director recently bought AU$203k worth of stock

Consensus EPS estimates fall by 11%

Investor sentiment deteriorated over the past week

Non-Executive Director recently bought AU$300k worth of stock

Iress Limited Announces Joining of Anthony Glenning as Independent Non-Executive Director, Effective October 11, 2022

Upcoming dividend of AU$0.16 per share

First half 2022 earnings released: EPS: AU$0.16 (vs AU$0.21 in 1H 2021)

Iress Limited Announces Ordinary Franked Dividend for the Six Months Ended June 30, 2022, Payable on September 23, 2022

Now 21% undervalued

Iress Limited Appoints Marcus Colin Price as Non-Executive Director

Now 24% undervalued

Iress Limited Provides Earnings Guidance for the First Half of Year 2022 and Reaffirms Earnings Guidance for the Full Year 2022

Investor sentiment improved over the past week

MD, CEO & Director exercised options to buy AU$9.7m worth of stock.

MD, CEO & Director exercised options to buy AU$1.7m worth of stock.

Independent Non-Executive Director recently bought AU$130k worth of stock

Consensus forecasts updated

Price target decreased to AU$12.18

Iress Limited Announces Ordinary Franked Dividend for the Six Months Ended December 31, 2021, Payable on March 18, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Iress Limited, Annual General Meeting, May 05, 2022