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Integrated Research Releases FY19 Half Year Results

14 Feb 2019  |  10:00:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY19 - Half Year Results

Integrated Research released its results for the six month period ended 31 December 2018. The Company announced a record first half result with PAT increasing by 26% to $11.7m when compared to the pcp. The result is at the top end of the guidance provided to the ASX on 10 January 2019. Overall licence sales increased by 22% to $31.3m and total revenue increased by 10% to $50.3m. Payments revenue increased by 144% to $9.0m over the pcp. This increase was based on several factors including deal renewal, capacity improvement and new product initiatives such as dynamic thresholds.

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