Tillkännagivande • 7h
Integrated Research Announces the Launch of Iris for Nonstop, Extending Its Conversational AI Intelligence Layer to HPE Nonstop Environments Integrated Research announced the launch of Iris for Nonstop, extending its conversational AI intelligence layer to HPE Nonstop environments. Building on the success of Iris in multi-vendor unified communications and collaboration (UC&C) observability, IR has embedded Iris directly into the Prognosis Platform for HPE Nonstop. This allows IT teams, business application stakeholders and more to ask questions in natural language and receive immediate, context-rich answers about the health, performance and capacity of their Nonstop systems. AI-powered observability for always-on Nonstop environments. HPE Nonstop is a trusted platform for high-volume, always-on workloads in financial services, retail, telecommunications and other industries where downtime is not an option. IR's Infrastructure suite, powered by Prognosis, has long helped clients monitor, troubleshoot and optimize the performance and availability of these environments with real-time dashboards, alerting and automated reporting. Iris for Nonstop builds on this foundation by adding a conversational AI layer that: Answers complex questions in plain language – Operators can ask questions such as "Is CPU usage normal for this time period?" or "Can you show me the network traffic trends over the past 2 weeks?", and Iris will respond with explanations, context and recommended next steps.
Accelerates incident resolution – By synthesizing Prognosis' real-time telemetry into guided insights, Iris helps teams identify root causes faster, reducing mean time to resolution in high-stakes Nonstop environments. Democratizes Nonstop expertise – Iris makes Nonstop performance and capacity data accessible to broader IT, business and executive stakeholders, with easy-to-consume natural-language summaries and reports. Supports proactive capacity and batch planning – By leveraging Prognosis Infrastructure, Business Insight and Batch Manager capabilities, Iris can surface trends in capacity, usage patterns and batch workloads, helping teams plan ahead before issues impact production. Unified intelligence layer for hybrid Nonstop, from core to edge . As Nonstop clients adopt virtual Nonstop, cloud deployments and hybrid infrastructures spanning core and edge, the complexity of managing performance and capacity continues to grow. The combination of Prognosis Server on Nonstop, Prognosis Edge, and now Iris for Nonstop gives organizations a unified intelligence layer over their distributed, mission-critical environments. Iris for Nonstop is available now with Prognosis 13.3, for clients using IR Infrastructure and the Prognosis Platform for HPE Nonstop. Major Estimate Revision • Mar 04
Consensus EPS estimates fall by 75% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from AU$65.0m to AU$60.0m. Losses expected to increase from AU$0.004 per share to AU$0.007. Software industry in Australia expected to see average net income growth of 48% next year. Consensus price target down from AU$0.40 to AU$0.36. Share price fell 6.3% to AU$0.30 over the past week. Reported Earnings • Mar 03
First half 2026 earnings released: AU$0.009 loss per share (vs AU$0.026 profit in 1H 2025) First half 2026 results: AU$0.009 loss per share (down from AU$0.026 profit in 1H 2025). Revenue: AU$28.3m (down 1.7% from 1H 2025). Net loss: AU$1.53m (down 133% from profit in 1H 2025). Revenue is forecast to grow 7.7% 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, earnings per share has increased by 73% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Tillkännagivande • 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 Recent Insider Transactions • Dec 09
Independent Non-Executive Director recently bought AU$52k worth of stock On the 5th of December, Michael Hitz bought around 150k shares on-market at roughly AU$0.35 per share. This transaction amounted to 99% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$127k more in shares than they have sold in the last 12 months. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • Sep 19
Integrated Research Limited, Annual General Meeting, Nov 24, 2025 Integrated Research Limited, Annual General Meeting, Nov 24, 2025. Major Estimate Revision • Sep 01
Consensus EPS estimates fall by 45% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from AU$0.056 to AU$0.031. Revenue forecast unchanged from AU$76.6m at last update. Net income forecast to shrink 58% next year vs 29% growth forecast for Software industry in Australia . Consensus price target down from AU$0.70 to AU$0.55. Share price was steady at AU$0.45 over the past week. 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 4.5%, 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. Reported Earnings • Aug 27
Full year 2025 earnings: EPS misses analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.1%. 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 5% per year, which means it is significantly lagging earnings. Price Target Changed • Jul 19
Price target decreased by 13% to AU$0.70 Down from AU$0.80, the current price target is provided by 1 analyst. New target price is 63% above last closing price of AU$0.43. Stock is down 54% over the past year. The company is forecast to post earnings per share of AU$0.08 for next year compared to AU$0.16 last year. Tillkännagivande • 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 Tillkännagivande • 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. Reported Earnings • Feb 24
First half 2025 earnings released: EPS: AU$0.026 (vs AU$0.064 in 1H 2024) First half 2025 results: EPS: AU$0.026 (down from AU$0.064 in 1H 2024). Revenue: AU$28.8m (down 29% from 1H 2024). Net income: AU$4.57m (down 59% from 1H 2024). Profit margin: 16% (down from 27% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.3% 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, earnings per share has increased by 31% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Major Estimate Revision • Jan 16
Consensus EPS estimates fall by 21% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from AU$81.4m to AU$76.4m. EPS estimate also fell from AU$0.092 per share to AU$0.073 per share. Net income forecast to shrink 52% next year vs 42% growth forecast for Software industry in Australia . Consensus price target down from AU$0.87 to AU$0.75. Share price fell 2.1% to AU$0.46 over the past week. Tillkännagivande • 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 • 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. Tillkännagivande • 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. Tillkännagivande • 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: 3.5%. Lower than top quartile of Australian dividend payers (6.3%). Higher than average of industry peers (0.4%). Tillkännagivande • 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. Tillkännagivande • 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). Tillkännagivande • 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 113% to AU$0.85. 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. Tillkännagivande • 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 09
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 127% to AU$0.89. 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. 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$0.86. 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. Buy Or Sell Opportunity • Jun 25
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 121% to AU$0.85. 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. 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. Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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: EPS misses analyst expectations 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 was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. 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. Tillkännagivande • 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). Major Estimate Revision • Jul 13
Consensus EPS estimates fall by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from AU$75.1m to AU$69.8m. EPS estimate also fell from AU$0.018 per share to AU$0.014 per share. Net income forecast to grow 4.3% next year vs 13% growth forecast for Software industry in Australia. Consensus price target down from AU$0.65 to AU$0.60. Share price rose 9.9% to AU$0.45 over the past week. 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. Price Target Changed • Feb 16
Price target increased by 18% to AU$0.65 Up from AU$0.55, the current price target is provided by 1 analyst. New target price is 10% above last closing price of AU$0.59. Stock is down 33% over the past year. The company is forecast to post earnings per share of AU$0.018 for next year compared to AU$0.009 last year. Price Target Changed • Nov 16
Price target increased to AU$0.55 Up from AU$0.50, the current price target is provided by 1 analyst. New target price is 57% above last closing price of AU$0.35. Stock is down 74% over the past year. The company posted earnings per share of AU$0.009 last year. Tillkännagivande • Sep 27
Integrated Research Announces David Purdue to Retire as Company Secretary, Effective 30 September 2022 Integrated Research announced that Mr. David Purdue will retire from his position as Company Secretary with effect from the close of business on 30 September 2022. Mr. Purdue was appointed Company Secretary in July 2012. The company's Chair Mr. Peter Lloyd thanks Mr. Purdue for his longstanding and significant contribution to the company during his 18 plus years of service. Mr. Will Witherow was appointed as Company Secretary in April 2022 to provide for succession planning and transition into the role and continues in that role going forward. Mr. Witherow also holds the position of General Counsel for Integrated Research. Buying Opportunity • Sep 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 6.9%. The fair value is estimated to be AU$0.62, 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%. Tillkännagivande • Aug 23
Integrated Research Limited, Annual General Meeting, Nov 23, 2022 Integrated Research Limited, Annual General Meeting, Nov 23, 2022. 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 44% per year, which means it has not declined as severely as earnings. Buying Opportunity • Aug 18
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 7.0%. The fair value is estimated to be AU$0.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Earnings per share has declined by 32%. Tillkännagivande • Aug 09
IR Appoints Rodney Foreman as Senior Vice President, Americas IR announced the appointment of Rodney Foreman as Senior Vice President (SVP), Americas. Rodney joins IR from Megaport Limited, an ASX-listed company where he was most recently the Chief Revenue Officer. He brings to IR over 20 years of experience in the information technology sector, delivering enterprise grade products and solutions across infrastructure and cloud-based platforms. He has held senior executive leadership roles within companies including IBM, Dell, Nutanix and Informatica, leading product management and global sales teams. Joining the Executive Leadership Team (ELT), Rodney will be responsible for the overall planning and execution of the commercial strategy and revenue growth of the Americas, while working closely with the international regions. Tillkännagivande • Jul 27
Integrated Research Announces Executive Changes Integrated Research announced the appointment of Matthew Walton as Interim Chief Financial Officer (CFO). Matthew's appointment will take effect immediately, working alongside outgoing CFO, Peter Adams to ensure a seamless transition until a permanent appointment is announced. Matthew brings extensive experience as a senior finance executive, with a strong operational, commercial and strategic focus. He was formerly CFO at GBST, a trusted name in technology innovation for many of the world's leading financial services brands. Prior to that, he was the interim CFO at eftpos Payments Australia, leading the function through a transformation agenda. Matthew was also CFO at Afterpay during the period of the Afterpay Touchcorp merger, and has also held finance roles at Westpac and BT Financial Group as Head of Finance. Matthew is CPA qualified and a Graduate member of the Australian Institute of Company Directors. He graduated with a Bachelor of Science from the University of Sydney and has an MBA from the Macquarie Graduate School of Management. Tillkännagivande • Jul 14
Integrated Research Limited to Report Fiscal Year 2022 Results on Aug 18, 2022 Integrated Research Limited announced that they will report fiscal year 2022 results on Aug 18, 2022 Tillkännagivande • Jun 03
Integrated Research Limited Appoints Katrina Small as Chief People Officer IR announced the appointment of Katrina Small as Chief People Officer (CPO). With this appointment, Katrina joins the Executive Leadership Team (ELT) at IR and will be responsible for strengthening the people and culture strategy as the business continues to transform and grow. Katrina has nearly two decades of extensive experience in HR disciplines, including Organizational Development, Workplace Culture & Talent Management, Health & Safety, Rewards & Recognition, and Employee Experience & Engagement. Her previous HR experience ranges across industries, having worked with organizations like Newell Brands, Virgin Australia, Qantas and Maia Financial. Buying Opportunity • Jun 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be AU$0.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Earnings per share has declined by 32%. Revenue is forecast to grow by 8.2% in 2 years. Earnings is forecast to decline by 10% in the next 2 years. Tillkännagivande • Jun 01
Integrated Research Limited Announces the Resignation of Peter Adams as Chief Financial Officer, Effective 31 August 2022 Integrated Research Limited announced the resignation of Mr. Peter Adams, Chief Financial Officer, effective 31 August 2022. Peter commenced as Chief Financial Officer at IR in 2008 and has led significant business change and process improvements during his tenure, including the modernisation of the financial reporting system, business model transformation and enhanced governance and risk practices. He also served as Interim CEO for a period during his time. Major Estimate Revision • May 17
Consensus EPS estimates fall by 75% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from AU$78.2m to AU$72.4m. EPS estimate also fell from AU$0.05 per share to AU$0.01 per share. Net income forecast to shrink 55% next year vs 16% growth forecast for Software industry in Australia . Consensus price target down from AU$1.00 to AU$0.65. Share price fell 20% to AU$0.58 over the past week. Price Target Changed • Apr 27
Price target decreased to AU$1.00 Down from AU$1.50, the current price target is provided by 1 analyst. New target price is 31% above last closing price of AU$0.77. Stock is down 70% over the past year. The company is forecast to post earnings per share of AU$0.048 for next year compared to AU$0.046 last year. Tillkännagivande • Apr 20
Integrated Research Appoints William Witherow as a Company Secretary Integrated Research Limited announced that Mr. William Witherow has been appointed as a Company Secretary with immediate effect. Mr. Witherow joined IR in July 2017 and holds the position of Head of Legal and Compliance and oversees the provision of legal services for IR's global operations. Mr. Witherow is a qualified lawyer and has been appointed as an additional Company Secretary to assist Mr. Purdue. Tillkännagivande • Apr 14
Integrated Research Limited Announces Director Appointment Integrated Research announced that Ms. Cathy Aston has been appointed to the Board as a Non-Executive Independent Director with effect from, 14 April 2022. Ms. Aston is a seasoned professional with over 25 years' experience across diverse sectors which include technology, financial services, superannuation, government, marketing services and digital business. Cathy also has senior executive experience with entities in Australia and AsiaPacific region. Ms. Aston is currently a non-executive director of Virtus Health, IVE Group, Macquarie Investment Management and IMB Bank and was previously a non-executive directorof Over The Wire Holdings, Southern Phone and FINSIA plus advisory board member of Avanseus. In addition, Ms. Aston has previous experience as Chair of Risk and Chair of Audit & Risk Committees for several local and overseas organisations. Cathy previously worked in the telecommunications industry and had roles with Telstra Corporation, Telstra International (Hong Kong and New Delhi) and Mobitel Private Limited (Sri Lanka) and in recent years has been an advisor to government and commercial enterprises. Tillkännagivande • Apr 06
IR's Real-Time Payments Product to Power Organizations' Financial and Business Efficiencies IR announced the launch of their new product – Real-Time Payments, as an extension to the existing IR Transact suite. This will enable businesses to modernize their payment processes and increase financial transparency. IR's Real-Time Payments product simplifies the complexity of managing real-time payments for businesses. It enables detailed tracking of payment flows and monitors abnormal patterns instantly. The solution can utilize analytics to identify and respond to data patterns proactively – be it early detection of system slowdowns or improving service levels. 
