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INTEGRATED RESEARCH LIMITED — Earnings Release 2013
Jan 6, 2013
65142_rns_2013-01-06_df7b1c40-4593-4aaf-8eae-c75084304c88.pdf
Earnings Release
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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
MARKET ANNOUNCEMENT
Continuous Disclosure
Sydney, January 7, 2013 – Integrated Research (“IR”) is in the early stages of preparing its financial statements for the half year ending 31 December 2012. Based on internal management accounts and subject to audit review, the Company anticipates profit after tax to be in the range of $2.5 million to $2.9 million. The first half results were impacted by the delay of a few major license sales. As a consequence, first half revenue is down 3% compared to the previous corresponding period.
The Company’s sales pipeline is very strong and the fundamentals of its key markets are sound. The Company anticipates that it will make up the shortfall in license sales in the second half to enable growth for the full financial year.
The Company continues to invest for growth with headcount up 16% on last year with most staff additions in research & development and sales.
This statement is made for market guidance, but 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: 21 February 2013).
By authority of the Board Mark Brayan CEO Integrated Research Limited ABN: 76 003 588 449
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About Integrated Research (IR) – IR is a leading global provider of high-definition performance monitoring, diagnostics and reporting software. The creator of award-winning Prognosis® - IR builds scalable, customizable solutions designed to manage continuity critical IT infrastructure, payments and communications ecosystems. IR provides real time solutions that give customers the insight they need to run their businesses, reduce their operating costs, minimize risk, and gain competitive advantage. www.ir.com
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