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INTEGRATED RESEARCH LIMITED — Capital/Financing Update 2016
Jan 12, 2016
65142_rns_2016-01-12_d9e2c930-2826-4034-82cd-b5ee9368bf7b.pdf
Capital/Financing Update
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Integrated Research Ltd > ABN 76 003 588 449 Level 9, 100 Pacific Highway, North Sydney NSW 2060 Australia t: +61 (2) 9966 1066 f: +61 (2) 9966 1042 e: [email protected]
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MARKET ANNOUNCEMENT
Continuous Disclosure
Profit Guidance - Six months ending 31 December 2015
Sydney, January 13, 2016 - Integrated Research (“IR”) is in the early stages of preparing its half year financial statements for the six months ending 31 December 2015. Based on internal management accounts and subject to audit review, the Company anticipates consolidated revenue of between $38.5 to $40.1 million and profit after tax for the period to be in the range of $5.9 million to $6.5 million compared to $7.5 million for the equivalent prior period.
Company revenue continued to grow at a healthy 15%-20% over the equivalent prior half. Strategic investments in future growth made during the 2015 calendar year together with the recent acquisition of IQ Services have led to higher costs in the first half. The Company’s sales pipeline is strong and the fundamentals of its key markets are sound. The Company anticipates that the conversion of the strong pipeline to revenue in the second half will support profit growth for the full financial year.
This statement is made for market guidance, IR does not expect to make any further comment until the accounts have been finalised and approved for release to the ASX (anticipated announcement date: 18 February 2016).
By authority of the Board,
David Purdue Company Secretary Integrated Research Limited ABN: 76 003 588 449 - ends -
About Integrated Research (IR) - IR is the corporate brand name of Integrated Research Limited (ASX:IRI), the leading global provider of proactive performance management software for critical IT infrastructure, payments and communications ecosystems. More than 1000 organizations in over 60 countries—including some of the world’s largest banks, airlines and telecommunication companies rely on IR Prognosis to provide business critical insights and ensure continuity-critical systems deliver high availability and performance for millions of their customers across the globe. For further information on IR, visit www.ir.com.
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