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IODM Ltd. ( (AU:IOD) ) has provided an announcement.
IODM Limited has achieved a significant revenue milestone in its UK Education segment, increasing its guaranteed minimum monthly payment from GBP75,000 to GBP100,000 due to exceptional performance in July 2025. This increase, effective from August 2025, marks the fourth escalation since the agreement’s inception and results in a 33% rise in the guaranteed minimum monthly payment, reflecting a 242% increase in revenue compared to the previous corresponding period. The company is well-positioned to capitalize on the upcoming busy invoicing period in UK Education, enhancing its market presence and stakeholder value.
More about IODM Ltd.
IODM is a leading accounts receivable solution provider that utilizes digital technology to optimize automation. Its primary product, IODM Connect, is a cloud-based software platform offering a comprehensive working capital communications solution. This platform supports clients with invoicing, query management, payment reminders, escalation, and analytics, enhancing client productivity and reducing costs. IODM operates globally and is headquartered in Melbourne, Australia.
Average Trading Volume: 168,388
Technical Sentiment Signal: Sell
Current Market Cap: A$67.82M
See more insights into IOD stock on TipRanks’ Stock Analysis page.