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INTEGRATED RESEARCH LIMITED — Capital/Financing Update 2020
Jul 16, 2020
65142_rns_2020-07-16_34d20488-31fc-4271-98b5-8c31d17b43d2.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 2020
Sydney, July 17, 2020 - Integrated Research (“IR”) is in the early stages of preparing its financial statements for the year ending 30 June 2020. 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 $109.5 to $111.0 million, representing growth of 9% to 10%. Profit after tax for the year is expected to be in the range of $23.6 to $24.2 million compared to $21.9 million for the prior year, representing growth of 8% to 11%.
Licence sales are expected to be in the range of $70.8 to $72.3 million, representing 13% to 15% growth with the strongest performance driven through the Company’s Unified Communications 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: 20 August 2020).
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 (IR) is the leading global provider of user experience and performance management solutions for payments transactions and collaboration systems. We create value through our real-time, scalable & extensible hybrid cloud platform and our deep domain knowledge to optimize operations of mission critical systems and improve user experience through intelligent and actionable insights. We enable many of the world’s largest organizations to simplify complexity and provide visibility over systems that millions of people can’t live without –systems that allow them to transact and collaborate. For further information on IR, visit www.ir.com.