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IODM Ltd. ( (AU:IOD) ) has shared an update.
IODM Limited reported a strong performance in Q4 FY25, with cash receipts increasing by 37% to A$703k compared to the previous corresponding period. The UK education segment was a major contributor, with a 69% increase in cash receipts, and the company expanded its presence by implementing two additional universities. IODM also advanced its operations in the USA and Canada by engaging with educational institutions and finalizing a revenue share agreement with TransferMate. In Japan, a revenue share agreement was formalized with Convera. The company’s efforts in these regions have led to increased interest and potential implementation pipelines, positioning IODM for further growth.
More about IODM Ltd.
IODM Limited is a company operating in the financial technology sector, focusing on providing payment solutions and services. The company has a significant market focus on the education sector, particularly in regions like the UK, USA, Canada, and Japan.
Average Trading Volume: 159,608
Technical Sentiment Signal: Sell
Current Market Cap: A$73.99M
See more insights into IOD stock on TipRanks’ Stock Analysis page.