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IODM Limited (ASX:IOD)

ALERT: Price-sensitive ASX Announcement for IOD
Current share price for IOD : $0.110 0.01 (10%)+
Announcement
Release
11 Sep 2025 8:53AM
Price at Release
$0.100
Full Release
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Summary
IODM Limited announced a significant revenue increase in its UK Education segment for July and August 2025, reporting a 242% rise in July and 210% in August over the previous corresponding periods, resulting in a year-to-date revenue of AUD$458,000, a 227% increase. Revenue from existing educational institutions grew by 122%, demonstrating the value of the IODM Connect platform. The company anticipates first quarter FY26 group cash receipts to be approximately AUD$815,000, with UK revenue contributing AUD$614,000, marking a 110% increase. Mark Reilly, CEO, expressed optimism for the upcoming busy invoicing cycle in the second quarter. IODM is a global accounts receivable solution provider based in Melbourne, Australia, offering a cloud-based platform for managing invoicing and payments.
Key Points
  • IODM Limited reported significant revenue growth in UK Education.
  • July 2025 revenue increased by 242% compared to the previous year.
  • August 2025 revenue grew by 210% compared to the previous year.
  • Year-to-date UK Education revenue reached AUD$458,000, a 227% increase.
  • Existing educational institutions saw a 122% revenue increase.
  • First quarter FY26 cash receipts are estimated at AUD$815,000.
  • UK revenue contribution is AUD$614,000, a 110% increase.
  • IODM offers a cloud-based platform for accounts receivable management.
  • The company is headquartered in Melbourne, Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.