IRI 1.30% 76.0¢ integrated research limited

As per today's interim results, reveune up by 6%, EBITDA is up...

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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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