Ann: FY24 Half Year Results Presentation, page-8

So this will be a cash cow, and no investment in innovation, new products, new markets. Will be good in the short term in terms of NPAT (and no doubt good for John's performance hurdles), but how will IRI fare in the long term with this approach. Infrastructure runs on ancient HP tech that is still used in legacy systems, but you have to expect one day will be retired. Payments is doing well for now, but with the amount of money going into Fintech, do they need to keep pace with market innovation. And I reckon Collaborate is already dead, if they don't have a good solution for cloud comms, its only a matter of time before their customers move to cloud solutions. I agree with Daicosisgod, this is worth buying now (and I have done), just not sure how long I'll hold.