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Integrated Research (IRI) investor relations material

Integrated Research AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary23 Nov, 2025

Opening remarks and agenda

  • Chair welcomed attendees, acknowledged traditional land owners, confirmed quorum, and valid constitution of the meeting.

  • Directors, executive team, audit partner, and share registry representatives were introduced.

  • CEO and Managing Director provided opening and closing remarks, emphasizing the need for innovation and product-led growth to address evolving market demands.

  • Meeting agenda included business update, CEO presentation, Q&A, and formal business with voting.

Financial performance review

  • FY25 pro forma revenue was $74.3m, down 1% on FY24, while statutory revenue was $68.3m, down 18%.

  • EBITDA was $15.9m, down 35%, and NPAT was $13.4m, down 51%, impacted by a higher effective tax rate.

  • Net cash increased 27% to $40.6m, with a robust balance sheet and no debt.

  • Dividend per share remained unchanged at $0.02, fully franked.

  • 1H FY26 trading update showed a 4% decline in revenue and TCV, with EBITDA guidance down 220% due to increased investment and a significant receivables impairment.

Board and executive committee updates

  • CEO Ian Lowe completed his first full year, providing clear direction and accountability.

  • Board maintains a disciplined approach to governance and oversight, leveraging experience in technology, finance, and operations.

Product-led growth: key non-financial indicators?
Target subscription revenue mix in medium term?
M&A target criteria for flexibility reserves?
Why is IR Labs product detail withheld until 2026?
High-value payments: plans for broader adoption?
When will product-led growth positively impact profit?
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Frequently asked questions

Integrated Research Limited is a technology company that specializes in providing performance management and monitoring solutions for critical IT infrastructure, payments systems, and unified communications environments. The company’s flagship product, the Prognosis platform, enables businesses to monitor and manage the performance of their digital environments in real time, helping to ensure system reliability, optimize operations, and enhance user experience. Integrated Research serves clients across industries such as finance, telecommunications, and healthcare. Integrated Research Limited is headquartered in North Sydney, Australia, and its shares are listed on the ASX.

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