Integrated Research (IRI) Keeps Piping Growth

The Integrated Research Limited (ASX: IRI) share price crumbled 13% this morning despite releasing a promising update to ASX investors.

Integrated Research or ‘IR’ describes itself as a global provider of proactive performance management software for critical technology infrastructure, payments and communication ecosystems.

The company has been operating since 1988 and now has over 250 employees across five countries with 1,000 organisations as clients in more than 60 countries – some of them being Fortune 500 businesses.

The ASX Update

In its update to the ASX and shareholders this morning, the technology company said that based on internal unaudited accounts it expects to report a profit between $21.2 million and $22 million, up 10% to 15% on the prior year.

Integrated Research said its licence shares are expected to be between $61.5 million and $63 million, up 17% to 20%, enabling revenue to hit at least $100 million. The company’s Payments product line, Prognosis for Payments, provides companies with real-time payments analytics across their network.

What Now?

Integrated Research shares have enjoyed explosive growth since 2011, rising from just 27 cents to their current price around $3.

Indeed, while the market has discounted the shares today, its update was promising and showed growth – not a backwards step. At times like these, it pays to take your lead from people who know what they’re doing and not let the market be your master.

Integrated Research has proven time and again it has staying power in a technology landscape which is constantly evolving. It’s paid not to be bet against it.

If you can’t stand the headache or volatility of small-cap ASX shares like IRI, there’s likely to be plenty of long-term growth achieved by owning a small cap or mid-cap Australian shares or global shares ETF.

 

Disclosure: At the time of publishing, Owen Raszkiewicz does not have a financial interest in any company mentioned. 

From 200+ ETFs in Australia, our top investment analyst has just identified his #1 ETF for 2021 and beyond.

Low fees? Check.

Long-term growth potential? Check.

Regular cash returns? Check!

This ETF makes investing in ETFs "Super-Easy".

Simply click here or enter your email address below to access the full ETF report, ticker code, and step-by-step investment guide. Our expert's #1 ETF report is completely free.

No gimmicks, no payment, no credit card info. Just enter your email address below and we'll send you the report right away.

From 200+ ETFs in Australia, our top investment analyst has just identified his #1 ETF for 2021 and beyond.

Low fees? Check.

Long-term growth potential? Check.

Regular cash returns? Check!

This ETF makes investing in ETFs "Super-Easy".

Simply click here to access the full ETF report, ticker code, and step-by-step investment guide. Our expert's #1 ETF report is completely free.

No gimmicks, no payment, no credit card info. Just click the link below and enter your email address. We'll send you the report right away.

CLICK HERE TO GET THE REPORT

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Keep reading:

General Financial Advice warning
The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.

© Rask Australia 2020

Join 20,000+ smart investors

Join the Rask Australia mailing and we’ll send you free investment reports, podcasts, expert insights, investing courses, ASX news and lots, lots more. All free. 

Unsubscribe anytime. Read our TermsFinancial Services GuidePrivacy Policy. We’ll never sell your email address. Our company is Australian-owned.

feedback-icon

What can we do better?

Howdy, ASX investor.

I really care about your experience today.

Please, let me know if you have any suggestions we can use to improve our site and help others invest in ETFs. 

Cheers! 

Owen Rask