Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from IODM Ltd. ( (AU:IOD) ).
IODM reported record quarterly cash receipts of A$991,000 for Q2 FY26, up 38% year-on-year, driven primarily by a 43% surge in UK education revenue to A$732,000, while net operating cash outflow fell 23% to A$735,000 despite higher operating costs and intensified sales and marketing activity. The company is deepening its foothold in the UK through a successful large-scale tender with a major education institution, continued rollout of its new student portal and onboarding of more universities, while in the US and Canada it is progressing advanced discussions with universities and partners on a “one-to-many” go-to-market strategy that could accelerate adoption of its Connect platform and support its Northern Hemisphere growth ambitions.
The most recent analyst rating on (AU:IOD) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on IODM Ltd. stock, see the AU:IOD Stock Forecast page.
More about IODM Ltd.
IODM Ltd (ASX: IOD) is a technology company providing its IODM Connect platform and related digital solutions to the education sector, with a particular focus on higher education institutions in the UK, North America and Australia. The company’s offerings streamline payment and information processes for universities and students, often in partnership with global payment and higher education service providers such as Convera and TransferMate.
Average Trading Volume: 148,875
Technical Sentiment Signal: Sell
Current Market Cap: A$93.61M
See more insights into IOD stock on TipRanks’ Stock Analysis page.