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Iress profits jump on digital makeover to attract big super

Jessica Sier
Jessica SierNorth Asia correspondent

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Big Super’s digital transformation has helped boost profits at financial services software company Iress, which has doubled down on its tech consolidation program after a deal with private equity firm EQT failed to materialise last year.

The ASX-listed company on Thursday reported net profit up 24.6 per cent to $73.8 million for the period ending December 31. Revenue lifted 9.8 per cent to $595 million over the same period and the company flagged a final dividend of 30¢.

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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com

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    Original URL: https://www.afr.com/technology/iress-profits-jump-on-big-super-digital-makeover-20220217-p59x8r