Iress Overview

  • Year Founded
  • 1993

Year Founded

  • Status
  • Public

  • Employees
  • 2,000

Employees

  • Stock Symbol
  • IRE

Stock Symbol

  • Investments
  • 17

  • Share Price
  • $4.98
  • (As of Tuesday Closing)

Iress General Information

Description

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.

Contact Information

Website
www.iress.com
Formerly Known As
IRESS Market Technology, IRESS Market Technology Limited, IRESS Market Technology Ltd
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • Level 16, 385 Bourke Street
  • Melbourne, Victoria 3000
  • Australia
+61 (03)
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Stock Exchange
ASX
Vertical(s)
FinTech
Corporate Office
  • Level 16, 385 Bourke Street
  • Melbourne, Victoria 3000
  • Australia
+61 (03)

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Iress Stock Performance

As of 22-Apr-2025, Iress’s stock price is $4.98. Its current market cap is $930M with 187M shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$4.98 $5.03 $4.16 - $7.38 $930M 187M 806K $0.32

Iress Financials Summary

As of 31-Dec-2024, Iress has a trailing 12-month revenue of $396M.

In Thousands,
USD 		TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 1,185,735 1,185,735 1,332,784 1,450,270
Revenue 396,274 396,274 415,301 427,978
EBITDA 100,983 100,983 (36,025) 83,989
Net Income 58,481 58,481 (91,247) 36,481
Total Assets 454,074 454,074 539,738 680,341
Total Debt 145,529 145,529 288,162 314,809
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Iress Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Iress Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging
Financial Software
Melbourne, Australia
2,000 As of 2025

Walldorf, Germany
 

Exton, PA
 
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Iress Competitors (12)

One of Iress’s 12 competitors is SAP, a Corporation company based in Walldorf, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SAP Corporation Walldorf, Germany
Internet Pipeline Formerly PE-Backed Exton, PA
Intelliflo Private Equity-Backed London, United Kingdom
Durell Software Corporate Backed or Acquired Taunton, United Kingdom
Sage Group Formerly VC-backed Newcastle Upon Tyne, United Kingdom
You’re viewing 5 of 12 competitors. Get the full list »

Iress Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Iress Investments & Acquisitions (17)

Iress’s most recent deal was a Merger/Acquisition with OneVue Holdings for . The deal was made on 06-Nov-2020.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
OneVue Holdings 06-Nov-2020 Merger/Acquisition Financial Software
O&M Systems 17-Mar-2020 Merger/Acquisition Financial Software
BC Gateways 06-Jan-2020 Merger/Acquisition Database Software
QuantHouse 31-May-2019 Merger/Acquisition Financial Software
Lucsan Capital 18-Apr-2018 Merger/Acquisition Systems and Information Management
You’re viewing 5 of 17 investments and acquisitions. Get the full list »

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Iress ESG

Risk Overview

Risk Rating

Updated March, 28, 2024

17.52 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,109

Rank

Percentile

Software & Services

Industry

of 957

Rank

Percentile

Data Processing

Subindustry

of 89

Rank

Percentile

To view Iress’s complete esg history, request access »

Iress Exits (3)

Iress’s most recent exit was on 06-Nov-2020 from OneVue Holdings. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
OneVue Holdings 06-Nov-2020 Completed
Pulse Software Systems 30-Oct-2015 Completed
Iress (Mortgages Arm in United Kingdom) 01-Jan-2014 Merger/Acquisition Completed
To view Iress’s complete exits history, request access »

Iress Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Financial Synergy Melbourne, Australia 1978
Iress (QuantHouse Business) France
Iress (Non-Core Multi-Factor Authentication Platform Business) Adelaide, Australia

Iress FAQs

  • When was Iress founded?

    Iress was founded in 1993.

  • Where is Iress headquartered?

    Iress is headquartered in Melbourne, Australia.

  • What is the size of Iress?

    Iress has 2,000 total employees.

  • What industry is Iress in?

    Iress’s primary industry is Financial Software.

  • Is Iress a private or public company?

    Iress is a Public company.

  • What is Iress’s stock symbol?

    The ticker symbol for Iress is IRE.

  • What is the current stock price of Iress?

    As of 22-Apr-2025 the stock price of Iress is $4.98.

  • What is the current market cap of Iress?

    The current market capitalization of Iress is $930M.

  • What is Iress’s current revenue?

    The trailing twelve month revenue for Iress is $396M.

  • Who are Iress’s competitors?

    SAP, Internet Pipeline, Intelliflo, Durell Software, and Sage Group are some of the 12 competitors of Iress.

  • What is Iress’s annual earnings per share (EPS)?

    Iress’s EPS for 12 months was $0.32.

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