Iress Ltd (IRE) - Net Assets
Based on the latest financial reports, Iress Ltd (IRE) has net assets worth AU$386.83 Million AUD (≈ $273.71 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$680.90 Million ≈ $481.78 Million USD) and total liabilities (AU$294.06 Million ≈ $208.07 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check IRE asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$386.83 Million |
| % of Total Assets | 56.81% |
| Annual Growth Rate | 18.49% |
| 5-Year Change | -35.56% |
| 10-Year Change | 11.43% |
| Growth Volatility | 42.07 |
Iress Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Iress Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Iress Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Iress Ltd (1999–2024)
The table below shows the annual net assets of Iress Ltd from 1999 to 2024. For live valuation and market cap data, see Iress Ltd (IRE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$378.11 Million ≈ $267.53 Million |
+39.00% |
| 2023-12-31 | AU$272.01 Million ≈ $192.46 Million |
-37.30% |
| 2022-12-31 | AU$433.81 Million ≈ $306.95 Million |
-19.20% |
| 2021-12-31 | AU$536.91 Million ≈ $379.90 Million |
-8.50% |
| 2020-12-31 | AU$586.80 Million ≈ $415.20 Million |
+34.93% |
| 2019-12-31 | AU$434.91 Million ≈ $307.72 Million |
+3.69% |
| 2018-12-31 | AU$419.43 Million ≈ $296.77 Million |
+2.92% |
| 2017-12-31 | AU$407.55 Million ≈ $288.37 Million |
+1.68% |
| 2016-12-31 | AU$400.83 Million ≈ $283.61 Million |
+18.13% |
| 2015-12-31 | AU$339.31 Million ≈ $240.08 Million |
+2.58% |
| 2014-12-31 | AU$330.78 Million ≈ $234.05 Million |
+1.23% |
| 2013-12-31 | AU$326.77 Million ≈ $231.21 Million |
+157.63% |
| 2012-12-31 | AU$126.84 Million ≈ $89.75 Million |
-0.79% |
| 2011-12-31 | AU$127.85 Million ≈ $90.46 Million |
-7.09% |
| 2010-12-31 | AU$137.62 Million ≈ $97.37 Million |
+10.78% |
| 2009-12-31 | AU$124.22 Million ≈ $87.89 Million |
+6.94% |
| 2008-12-31 | AU$116.16 Million ≈ $82.19 Million |
+14.52% |
| 2007-12-31 | AU$101.43 Million ≈ $71.77 Million |
+104.01% |
| 2006-12-31 | AU$49.72 Million ≈ $35.18 Million |
+21.93% |
| 2005-12-31 | AU$40.78 Million ≈ $28.85 Million |
+16.37% |
| 2004-12-31 | AU$35.04 Million ≈ $24.79 Million |
+24.64% |
| 2003-12-31 | AU$28.11 Million ≈ $19.89 Million |
+84.38% |
| 2002-12-31 | AU$15.25 Million ≈ $10.79 Million |
+5.04% |
| 2001-12-31 | AU$14.52 Million ≈ $10.27 Million |
+87.79% |
| 2000-12-31 | AU$7.73 Million ≈ $5.47 Million |
+42.05% |
| 1999-12-31 | AU$5.44 Million ≈ $3.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Iress Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 49338.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$419.70 Million | 111.00% |
| Other Comprehensive Income | AU$30.78 Million | 8.14% |
| Total Equity | AU$378.11 Million | 100.00% |
Iress Ltd Competitors by Market Cap
The table below lists competitors of Iress Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evertz Technologies Limited
TO:ET
|
$882.95 Million |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
$883.51 Million |
|
CNB Financial Corporation
NASDAQ:CCNE
|
$883.70 Million |
|
SDI Corp
TW:2351
|
$883.71 Million |
|
Lifecome Biochemistry Co Ltd
SHE:002868
|
$882.85 Million |
|
Bangkok Airways Public Company Limited
BK:BA
|
$882.66 Million |
|
Evommune, Inc.
NYSE:EVMN
|
$882.45 Million |
|
Lotus Technology Inc.
NASDAQ:LOT
|
$882.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iress Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 272,009,000 to 378,105,000, a change of 106,096,000 (39.0%).
- Net income of 88,669,000 contributed positively to equity growth.
- Dividend payments of 55,000 reduced retained earnings.
- Share repurchases of 361,000 reduced equity.
- New share issuances of 361,000 increased equity.
- Other comprehensive income increased equity by 13,000.
- Other factors increased equity by 17,469,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$88.67 Million | +23.45% |
| Dividends Paid | AU$55.00K | -0.01% |
| Share Repurchases | AU$361.00K | -0.1% |
| Share Issuances | AU$361.00K | +0.1% |
| Other Comprehensive Income | AU$13.00K | +0.0% |
| Other Changes | AU$17.47 Million | +4.62% |
| Total Change | AU$- | 39.00% |
Book Value vs Market Value Analysis
This analysis compares Iress Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 125.84x to 3.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | AU$0.05 | AU$6.68 | x |
| 2000-12-31 | AU$0.07 | AU$6.68 | x |
| 2001-12-31 | AU$0.14 | AU$6.68 | x |
| 2002-12-31 | AU$0.15 | AU$6.68 | x |
| 2003-12-31 | AU$0.26 | AU$6.68 | x |
| 2004-12-31 | AU$0.32 | AU$6.68 | x |
| 2005-12-31 | AU$0.36 | AU$6.68 | x |
| 2006-12-31 | AU$0.43 | AU$6.68 | x |
| 2007-12-31 | AU$0.82 | AU$6.68 | x |
| 2008-12-31 | AU$0.92 | AU$6.68 | x |
| 2009-12-31 | AU$0.97 | AU$6.68 | x |
| 2010-12-31 | AU$1.06 | AU$6.68 | x |
| 2011-12-31 | AU$0.98 | AU$6.68 | x |
| 2012-12-31 | AU$0.96 | AU$6.68 | x |
| 2013-12-31 | AU$2.30 | AU$6.68 | x |
| 2014-12-31 | AU$2.08 | AU$6.68 | x |
| 2015-12-31 | AU$2.12 | AU$6.68 | x |
| 2016-12-31 | AU$2.45 | AU$6.68 | x |
| 2017-12-31 | AU$2.38 | AU$6.68 | x |
| 2018-12-31 | AU$2.44 | AU$6.68 | x |
| 2019-12-31 | AU$2.51 | AU$6.68 | x |
| 2020-12-31 | AU$3.18 | AU$6.68 | x |
| 2021-12-31 | AU$2.80 | AU$6.68 | x |
| 2022-12-31 | AU$2.30 | AU$6.68 | x |
| 2023-12-31 | AU$1.51 | AU$6.68 | x |
| 2024-12-31 | AU$1.97 | AU$6.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iress Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.76%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.93x
- Recent ROE (23.45%) is below the historical average (33.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 98.95% | 0.00% | 0.00x | 2.94x | AU$4.84 Million |
| 2000 | 124.90% | 29.55% | 2.28x | 1.85x | AU$8.88 Million |
| 2001 | 83.86% | 29.97% | 1.82x | 1.54x | AU$10.72 Million |
| 2002 | 64.08% | 19.95% | 1.74x | 1.85x | AU$8.25 Million |
| 2003 | 55.52% | 29.04% | 1.35x | 1.42x | AU$12.80 Million |
| 2004 | 46.63% | 26.76% | 1.31x | 1.33x | AU$12.84 Million |
| 2005 | 48.13% | 27.43% | 1.31x | 1.34x | AU$15.55 Million |
| 2006 | 48.79% | 25.98% | 1.38x | 1.36x | AU$19.29 Million |
| 2007 | 25.12% | 18.95% | 1.10x | 1.21x | AU$15.33 Million |
| 2008 | 30.67% | 21.73% | 1.13x | 1.25x | AU$24.01 Million |
| 2009 | 34.46% | 25.22% | 1.11x | 1.23x | AU$30.38 Million |
| 2010 | 36.68% | 28.07% | 1.05x | 1.25x | AU$36.72 Million |
| 2011 | 32.34% | 20.19% | 1.21x | 1.33x | AU$28.56 Million |
| 2012 | 30.93% | 18.91% | 1.32x | 1.24x | AU$26.54 Million |
| 2013 | 7.42% | 9.65% | 0.43x | 1.79x | AU$-8.44 Million |
| 2014 | 15.32% | 15.40% | 0.57x | 1.74x | AU$17.59 Million |
| 2015 | 16.32% | 15.32% | 0.56x | 1.89x | AU$21.45 Million |
| 2016 | 14.83% | 15.25% | 0.59x | 1.65x | AU$19.37 Million |
| 2017 | 14.66% | 13.90% | 0.64x | 1.65x | AU$19.00 Million |
| 2018 | 15.28% | 13.80% | 0.67x | 1.66x | AU$22.15 Million |
| 2019 | 14.98% | 12.80% | 0.61x | 1.92x | AU$21.64 Million |
| 2020 | 10.07% | 10.89% | 0.54x | 1.72x | AU$386.20K |
| 2021 | 13.74% | 12.38% | 0.58x | 1.92x | AU$20.11 Million |
| 2022 | 12.14% | 8.56% | 0.62x | 2.31x | AU$9.29 Million |
| 2023 | -50.54% | -21.97% | 0.79x | 2.91x | AU$-164.68 Million |
| 2024 | 23.45% | 14.76% | 0.82x | 1.93x | AU$50.86 Million |
Industry Comparison
This section compares Iress Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $42,012,556
- Average return on equity (ROE) among peers: -47.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iress Ltd (IRE) | AU$386.83 Million | 98.95% | 0.76x | $882.87 Million |
| One Click Group Ltd (1CG) | $2.94 Million | -67.27% | 0.54x | $8.32 Million |
| Thrive Tribe Technologies Ltd (1TT) | $4.53 Million | -27.70% | 0.03x | $1.43 Million |
| Ordinary Fully Paid Deferred Settlement (1TTDB) | $2.53 Million | -140.39% | 0.30x | $20.45 |
| LIFE360 Inc (360) | $358.55 Million | -1.27% | 0.23x | $3.40 Billion |
| Pointerra Ltd (3DP) | $4.28 Million | -64.47% | 0.19x | $17.22 Million |
| 8COMMON Ltd (8CO) | $5.92 Million | -22.85% | 0.35x | $3.96 Million |
| Aeeris Ltd (AER) | $584.79K | -43.08% | 0.80x | $4.98 Million |
| Aerometrex Ltd (AMX) | $34.70 Million | -11.88% | 0.33x | $15.79 Million |
| Assetowl Ltd (AO1) | $4.13 Million | -98.29% | 0.07x | $1.38 Million |
| Bridge Saas Ltd (BGE) | $1.96 Million | -1.09% | 0.41x | $1.84 Million |
About Iress Ltd
Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, digital advice solutions, digital client solutions, data-driven compliance and analytics, regulatory oblig… Read more