IODM Ltd. (AU:IOD) has released an update.
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IODM Ltd. has reported a 14.2% rise in cash receipts for Q1 FY25, reaching A$482k, buoyed by an 88% increase in the UK education sector. The company has expanded its sales team and completed a $1.7 million capital raising to support growth initiatives domestically and internationally. With new universities onboarded and a strategic partnership with Convera, IODM is poised for further revenue growth.
For further insights into AU:IOD stock, check out TipRanks’ Stock Analysis page.
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