Integrated Research Limited (AU:IRI) has released an update.
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Integrated Research Limited has reported a robust financial turnaround for FY24, with a 22% increase in Total Contract Value and a 19% rise in revenue, driven by strong performance in the Americas and significant product growth. The company’s strategic financial management led to a net profit after tax of $27.1 million, reversing the previous year’s losses, and a substantial increase in cash reserves. While facing challenges in certain regions, Integrated Research is poised for future growth with plans to expand its product lines and explore new revenue streams.
For further insights into AU:IRI stock, check out TipRanks’ Stock Analysis page.
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