G'day S. Good questions. Bell Potter are just forecasting a...

G'day S.
Good questions.

Bell Potter are just forecasting a strong finish with renewals to 30 Jun'24 with only a small value of new contracts but if new contract wins are maintained at pace to 30 Apr'24 then likely sales revenue will exceed the BP forecast and same for NPAT.

BP are also forecasting a $30m cash bal at 30 Jun'24 providing confidence to restart divs and/or some capital mangement initiatives or a small bolt on acquisition.

They are also reiterating the BP FY'25 forecasts with a slight dip in FY'26 due to increasing R&D expenditure. Which from me is understandable.

So in essence if IRI can generate more new contracts then there is upside.

By product Collaborate flat, Transact growing, Infrastructure flat, Professional Services just up. Hope the table stays in format when I hit the post button.

Cheers......D

Revenue by product
Year end 30 Jun 2022 2023 2024e 2025e 2026e
Collaborate 34.3 39.4 40.4 38.8 39.8
Infrastructure 13.2 14.7 16.9 19.8 16.8
Transact 8.2 12.1 16.4 19.2 21.6
Prof' Services 7.1 3.7 4.6 5.0 5.3

Total revenue 62.9 69.8 78.2 82.9 83.6