IRI 6.29% 93.0¢ integrated research limited

Ann: FY2023 Trading Update, page-18

  1. 23 Posts.
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    As per today's interim results, reveune up by 6%, EBITDA is up by 29%. EBITDA margin is 27%. Look the half-year financial statements, "product and technologies expenses(another name for "R & D") has been down by 44%. That is exactly what I expect: as long as IRI revenue goes up, R & D comes down, its EBITDA margin goes up substantially.
 
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