Iress Limited: Institutional Investors' Darling with 59% Ownership!

Ladies and Gentlemen, BUY NOW! Iress Limited (ASX:IRE) is the stock that institutional investors are raving about, and for good reason. With a whopping 59% of shares owned by these heavy hitters, it's clear that something big is happening here. Let's dive in and see why this tech powerhouse is a must-have in your portfolio!

First things first, the numbers don't lie! Iress Limited reported a Statutory Net Profit After Tax (NPAT) of $88.7 million for FY24, a massive turnaround from a $137.5 million loss the previous year. That's right, folks, we're talking about a 25% growth in Adjusted EBITDA, reaching $132.8 million and surpassing all expectations. Revenue might have dipped slightly to $604.6 million, but that's just because they divested some non-strategic assets. Smart move, Iress!

Now, let's talk about the transformation program that's been the talk of the town. Iress completed this program in 2024, and it's been a game-changer. Strategic restructuring, disciplined cost management, standardised pricing, and product innovation—these are the ingredients that have driven strong financial results and reshaped Iress into a leaner, more focused organisation. The leverage ratio improved from 2.5x to 1.0x, and they even divested three non-strategic businesses. Talk about a makeover!

But it's not just about the numbers. Iress is all about innovation and customer satisfaction. They launched a new end-to-end digital advice and education solution for the superannuation industry, reaching over 45,000 people with their community platform for advice professionals. And let's not forget about Iress FIX Hub, a first-of-its-kind cloud-native financial information exchange platform launched in seven countries with over 130 FIX connections. This is the kind of innovation that keeps customers happy and investors excited!



And let's not forget about the environmental and social impact. Iress has made significant strides in reducing its emissions and supporting women in gaining ICT qualifications. This aligns perfectly with the growing trend of ESG investing, making Iress an attractive option for institutional investors who prioritize sustainability and social responsibility.

So, why are institutional investors flocking to Iress Limited? It's simple—they see a company with strong financial performance, strategic transformation, innovation, customer satisfaction, environmental and social impact, and strong leadership. These factors contribute to Iress' long-term growth prospects, making it an attractive investment for institutional investors.

In conclusion, Iress Limited is a stock that you need to own. With a high level of institutional ownership, strong financial performance, and a focus on innovation and customer satisfaction, Iress is poised for long-term growth. Don't miss out on this opportunity to be part of a company that's transforming the financial services industry. BUY NOW and watch your portfolio soar!