Iress Ltd (IRE) - Net Assets

Latest as of June 2025: AU$386.83 Million AUD ≈ $273.71 Million USD

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
--

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

AU:IRE Australia Software - Application
Market Cap
$882.87 Million
AU$1.25 Billion AUD
Market Cap Rank
#9670 Global
#238 in Australia
Share Price
AU$6.68
Change (1 day)
-0.45%
52-Week Range
AU$6.68 - AU$9.68
All Time High
AU$14.50
About

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