Iress Returns to 2024 Profit Despite Lower Revenue

MT Newswires Live

Feb 24

Iress (ASX:IRE) reported earnings per diluted share of AU$0.462, compared with a loss of AU$0.764 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of AU$0.338.

Total revenue and other income for the year ended Dec. 31, 2024, was AU$604.6 million, down from AU$626.1 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected total revenue of AU$597.8 million.

The company expects 2025 adjusted earnings before interest, taxes, depreciation, and amortization of AU$127 million to AU$135 million and net profit after tax adjusted of AU$54 million to AU$62 million.

The board declared a final dividend of AU$0.10 per share after suspending it in the previously reported period, payable on March 31 to shareholders of record as of March 11.

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Analysts surveyed by Visible Alpha expected total revenue of AU$597.8 million.</p><p>The company expects 2025 adjusted earnings before interest, taxes, depreciation, and amortization of AU$127 million to AU$135 million and net profit after tax adjusted of AU$54 million to AU$62 million.</p><p>The board declared a final dividend of AU$0.10 per share after suspending it in the previously reported period, payable on March 31 to shareholders of record as of March 11.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IRE.AU","symbol_name":"IRESS LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2513765408","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2513765408","pubTimestamp":1740350702,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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