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Iress resets around core software businesses as profits rise and new CEO takes helm

Story Highlights
  • Iress sharpened focus on core software units, boosting profits, cash flow and dividends.
  • A new CEO and efficiency program mark Iress’s next strategic phase in financial software.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Iress resets around core software businesses as profits rise and new CEO takes helm

Meet Samuel – Your Personal Investing Prophet

The latest update is out from IRESS Limited ( (AU:IRE) ).

Iress Limited reported a stronger FY25 after simplifying its operations around its core Wealth and Trading & Market Data software businesses, delivering higher revenue, profit and EBITDA, and materially reducing leverage through an asset sale program. The board lifted total dividends to 24 cents per share, signalled a focus on disciplined execution to drive both growth and margins, and launched an efficiency program aimed at achieving a 25% cash EBITDA run-rate by late 2026.

The company also completed a leadership transition, appointing Andrew Russell as Group CEO and Managing Director in November 2025, with the board expressing confidence in his ability to lead the next phase of strategy. These moves, outlined ahead of the 2026 annual general meeting, underscore a reset of Iress’s business model and governance as it seeks to strengthen its financial position and competitiveness in financial software markets.

The most recent analyst rating on (AU:IRE) stock is a Buy with a A$11.52 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.

More about IRESS Limited

Iress Limited is an Australian-based provider of enterprise software to the financial services industry, focusing on wealth management, trading and market data solutions. The company serves institutional and professional clients, offering platforms that support advice, investment, and market connectivity across domestic and international markets.

Average Trading Volume: 1,075,805

Technical Sentiment Signal: Sell

Current Market Cap: A$1.32B

See more data about IRE stock on TipRanks’ Stock Analysis page.

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