Iress has reported growth in its UK business for full year 2025, with adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) up 43% to £12m from £8.4m in FY24.
The technology provider said the performance in its UK business was driven by new client wins in its wealth division, continued focus on client success and innovation in its sourcing division, alongside ongoing cost discipline. Iress recorded revenue growth of 2% compared to the year prior, with operating expenses down 5.2% year-on-year. Iress group CEO and managing director Andrew Russell said the provider's financial results in FY25 were ahead of guidance. "We have successfully simplified the company into a focused wealth and trading & market data software business. In FY25, we s...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
