Iress Limited · ASX:IRE
Iress — Shareholder Meeting (May 2024)
10 slides from Iress's shareholder meeting presentation, May 1, 2024
Slide 1: ASX Release: Annual General Meeting Presentation
ASX Release 1 May 2024 Annual General Meeting Presentation Attached for release is a copy of the CEO and Managing Director’s presentation for the 2024 Annual General Meeting of Iress Limited. Authorised for release by the Board of Directors. Ends For personal use only For further details, please con
Slide 2: 2024 Annual General Meeting
For personal use only 2024 Annual General Meeting 2 May 2024 1
Slide 3: CEO address
Chair’s address For personal use only CEO address CEO address Marcus Price
Slide 4: 2023 year in review
Chair’s address For personal use only CEO address 2023 year in review FY23 ● Significant transformation initiated by Iress To achieve our vision and respond ● Leadership team refreshed Adjusted EBITDA Underlying EBITDA to● priority client feedback, Business restructured we are into product-led of $12
Slide 5: Executing transformation program - optimising Iress business
Chair’s address For personal use only CEO address Executing transformation program - optimising Iress business Strong progress on six big jobs Structure for accountability Established product-led P&Ls, refreshed leadership. 1 and improved performance New performance linked remuneration framework imp
Slide 6: Capital Management plan delivered
Chair’s address For personal use only CEO address Capital Management plan delivered Providing contemporary balance sheet to deliver strategic objectives and enhance shareholder returns over time Optimising operating Asset sales accelerating cashflow deleveraging Clear path to reinstatement of sustain
Slide 7: Outlook
Chair’s address For personal use only CEO address Outlook Transformation on track; outlook positive ● Q1 Adjusted EBITDA 43% higher than pcp. Trajectory positive. ● FY24 Guidance upgraded: ○ Adjusted EBITDA now expected to be $122m-$132m ○ Exit run rate reaffirmed - benefits of transformation being bro
Slide 8: Vision for Iress
Chair’s address For personal use only CEO address Vision for Iress Iress is past the inflection point. Transformation has created capacity to innovate and grow. Iress in 2025 and beyond Core businesses Continual improvement performing at Rule of 40 in customer satisfaction Performance culture Unlocki
Slide 9: Disclaimer
Disclaimer For personal use only The material in this presentation is intended to be general background information on Iress Limited and its activities, current at the These risks and uncertainties could cause actual results, performance or events to differ materially from those expressed or date of
Slide 10: Contact
For personal use only Contact Marcus Price Managing Director & CEO Cameron Williamson Chief Financial Officer +61 3 9018 5800 iress.com © Iress 2024