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IODM Ltd. ( (AU:IOD) ) just unveiled an announcement.
IODM Ltd. announced a significant revenue milestone in its UK Education segment, achieving a 50% increase in minimum monthly revenue to GBP75k. This was driven by strong performance from implemented universities, resulting in a 60.5% increase in unaudited revenue for the first half of 2025. The revised revenue-sharing arrangement with Convera has contributed to this growth, promising a continued upward trajectory with a robust pipeline of universities in the process of implementation.
More about IODM Ltd.
IODM Ltd. is a global leader in accounts receivable solutions, utilizing digital technology to optimize automation. Its IODM Connect platform offers a comprehensive end-to-end accounts receivable process, enhancing client productivity, ensuring timely payments, and reducing costs by integrating seamlessly with any accounting ERP software. Headquartered in Melbourne, Australia, the company’s solutions minimize human error and decrease bad debt provisioning.
YTD Price Performance: -9.38%
Average Trading Volume: 116,963
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$88.94M
See more insights into IOD stock on TipRanks’ Stock Analysis page.
