IRI 5.26% 63.0¢ integrated research limited

Ann: FY24 Results Announcement, page-58

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  1. 56 Posts.
    lightbulb Created with Sketch. 10
    I'm not a trader at all... but i sold at 77c on the day after a quick read of the report.
    I'm still digesting it... trying to understand.
    My problem was (and i could be wrong) that i didn't see any compelling explanation that supports a turn around.
    i.e. what's changed to address the performance in the last couple of years.
    is this result a couple of good wins in '24 due to some accelerated sales initiative or something? is that sustainable?
    how are they developing the products to address the obsolescence issue? and what new products are they developing / acquiring?

    admittedly, I'm also not intimately familiar with this business and its software beyond what I've read.
    so i'm a little light on a practical understanding of the actual value it provides its users.

 
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