I think the key is revenue increase. IRI has been in transition over the last a few years. If you look R & D expenses, 2019 & 2020 were at $17M, and then the expenditure has gone up year by year: 2021 $19M, 2022 $22M and 2023 $23M.
I suppose IRI technical aspect of transition has been completed. That means R & D expenses should be down to previous level at around $17M, hopefully.
IRI has got large number of blue chip clients so it should not materially increase sales & marketing expenses.
Therefore as long as the clients can adopt IRI new cloud based products and IRI's revenue goes up, its EBITDA margin will go up as well.
- Forums
- ASX - By Stock
- IRI
- Ann: FY2023 Trading Update
Ann: FY2023 Trading Update, page-13
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IRI (ASX) to my watchlist
|
|||||
Last
76.0¢ |
Change
-0.010(1.30%) |
Mkt cap ! $132.7M |
Open | High | Low | Value | Volume |
77.5¢ | 79.0¢ | 76.0¢ | $132.1K | 169.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 22374 | 75.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
76.0¢ | 1020 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 22374 | 0.750 |
1 | 766 | 0.745 |
1 | 1109 | 0.740 |
1 | 10000 | 0.735 |
1 | 3000 | 0.730 |
Price($) | Vol. | No. |
---|---|---|
0.790 | 10557 | 2 |
0.795 | 8192 | 1 |
0.800 | 62649 | 2 |
0.805 | 1242 | 1 |
0.820 | 50000 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
IRI (ASX) Chart |