IRESS (IRSMF) 3-Year Revenue Growth Rate : 5.80% (As of Dec. 2023)

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What is IRESS 3-Year Revenue Growth Rate?

IRESS's Revenue per Share for the six months ended in Dec. 2023 was $1.17.

During the past 12 months, IRESS's average Revenue per Share Growth Rate was 5.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of IRESS was 37.10% per year. The lowest was 3.80% per year. And the median was 8.30% per year.

Competitive Comparison of IRESS's 3-Year Revenue Growth Rate

For the Software - Application subindustry, IRESS's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

IRESS's 3-Year Revenue Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, IRESS's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where IRESS's 3-Year Revenue Growth Rate falls into.

IRESS 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

IRESS (OTCPK:IRSMF) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

IRESS 3-Year Revenue Growth Rate Related Terms

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IRESS (IRSMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRESS Ltd (OTCPK:IRSMF) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

IRE:Australia

Address

385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.iress.com

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.