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INTEGRATED RESEARCH LIMITED — Capital/Financing Update 2019
Jul 14, 2019
65142_rns_2019-07-14_4c097515-16e7-4305-8ec9-b5d26e91be1a.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 – Financial Year ending 30 June 2019
Sydney, July 15, 2019 - Integrated Research (“IR”) is in the early stages of preparing its financial statements for the year ending 30 June 2019. IR is pleased to announce that, based on internal management accounts and subject to audit, the Company anticipates both record revenue and profit after tax for the year. Total revenue is expected to be in the range of $100.0 to $101.5 million, representing growth of 10% to 12%. Profit after tax for the year is expected to be in the range of $21.2 to $22.0 million compared to $19.2 million for the prior year, representing growth of 10% to 15%.
Licence sales are expected to be in the range of $61.5 to $63.0 million, representing 17% to 20% growth with the strongest performance driven through the Company’s Payments product line.
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: 22 August 2019).
By authority of the Board,
David Purdue Company Secretary Integrated Research Limited ABN: 76 003 588 449
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About Integrated Research Limited (ASX:IRI). Integrated Research the leading global provider of proactive performance management software for critical IT infrastructure, payments and communications ecosystems. More than 1200 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 continuitycritical systems deliver high availability and performance for millions of their customers across the globe. For further information on IR, visit www.ir.com.