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IODM Ltd. ( (AU:IOD) ) just unveiled an update.
IODM Limited has entered into a non-exclusive revenue share agreement with Convera for the Japanese education sector, marking its fourth such agreement following similar arrangements in the UK, USA, and Canada. This agreement, effective from May 2025, allows IODM to receive a share of the net revenue from educational institutions in Japan that adopt the IODM Connect platform, with a potential market of 279,000 international students. The agreement underscores IODM’s global reach and the effectiveness of its business model in capturing multi-jurisdictional opportunities, contributing to a total addressable market of approximately A$370 million across all regions.
More about IODM Ltd.
IODM is a leading accounts receivable solution provider that leverages digital technology to enhance automation. Their flagship product, IODM Connect, is a cloud-based software platform that offers a comprehensive working capital communications solution, integrating end-to-end accounts receivable processes. The platform supports clients with invoicing, query management, payment reminders, escalation, and analytics, aiming to boost client productivity, ensure timely payments, and reduce costs. IODM operates globally and is headquartered in Melbourne, Australia.
Average Trading Volume: 99,305
Technical Sentiment Signal: Sell
Current Market Cap: A$86.32M
Learn more about IOD stock on TipRanks’ Stock Analysis page.