Integrated Research Limited · ASX:IRI
Integrated Research — H1 FY2007 Earnings Presentation
7 slides from Integrated Research's earnings presentation, February 2007
Slide 1: Integrated Research Limited FY2007 1st Half financial results
Integrated Research Limited - FY2007 1st Half financial results ABN: 76 003 588 449 February 2007 Investor Presentation Precise performance monitoring for business-critical systems
Slide 2: Financial results: 1st half FY 2007
Financial results: 1st half FY 2007 31 Dec 2006 31 Dec 2005 % change A$000’s A$000’s Licence fees 7,494 7,008 7% Maintenance fees 8,187 7,535 9% Other 434 271 60% Total revenue 16,115 14,814 9% R&D expenses - net 3,458 3,803 (9%) SG&A expenses 10,273 9,215 11% Interest Income 243 214 14% PBT 2,627 2
Slide 3: R&D spending
R&D spending 31 Dec 2006 31 Dec 2005 % change A$000’s A$000’s Gross spending 4,377 3,736 17% Development – Cap. 2,565 2,030 26% Capitalised % 59% 54% Amortised 1,646 2,097 (22%) Net Expense 3,458 3,803 (9%) % of revenue 21% 26% Precise performance monitoring for business-critical systems
Slide 4: Balance sheet
Balance sheet Key balance sheet items 31 Dec 2006 30 June 2006 A$000’s A$000’s Cash at bank 11,788 10,736 FDT (tax prepaid) 1,370 2,212 Receivables 10,638 13,615 Development cap. 10,477 9,567 Deferred Revenue 11,063 10,151 Net assets 22,626 23,288 Precise performance monitoring for business-critical
Slide 5: Review of Operations: 1st half FY 2007
Review of Operations: 1st half FY 2007 Revenue by Segment 31 Dec 2006 31 Dec 2005 % change A$000’s A$000’s By Geographic region: Americas 9,945 9,475 5% Europe 2,760 3,024 (9%) Asia Pacific 3,411 2,315 47% Total revenue 16,115 14,814 9% By Product Line: NonStop 5,184 5,034 3% IP Telephony 1,714 678
Slide 6: IP Telephony - momentum building
IP Telephony - momentum building • New Partners (Managed Service Providers) MSP’s • AT&T, IBM, Sprint • Using PROGNOSIS for their customers and Internally • Each partner independently tested PROGNOSIS extensively Useability, Interoperability, Security • 18 months of resource intensive sales effort •
Slide 7: IP Telephony - Strategy
IP Telephony - Strategy • Market Strategy – First mover in large enterprises • Cover the key MSP’s in each region Carriers and Integrators • Continue a direct (end-user) sales focus • Relationships with key analysts and influencers • Product Strategy • Multi-vendor is a key differentiator AT&T sale
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