IRESS Ltd
IRE: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| W< | LOCK|btd? | LOCK|Rxcx<! |
Iress Earnings: Cost Cuts Lift Earnings but UK Weakness Limits Growth
Iress' first-half fiscal 2026 cash EBITDA (EBITDA less capital expenditures), its preferred profitability measure, grew 47%, excluding divestments. Full-year guidance was updated to reflect slightly lower revenue growth from lower nonrecurring revenue, but higher cash EBITDA growth.
