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IODM Ltd. ( (AU:IOD) ) just unveiled an announcement.
IODM Limited has secured a material new revenue stream through its commercial revenue share agreement with Convera, under which it will deploy its IODM Connect platform for one of the largest international student universities in the UK. The implementation, now in onboarding and involving substantial platform development, is expected to generate about $600,000 in annual revenue at full run rate from around April 2026, representing a 23% uplift on IODM’s FY25 audited revenue and a 55% increase on its UK revenues, and expands its education-sector footprint to 16 onboarded universities and four more in progress, reinforcing the company’s positioning in the UK higher education market and underpinning its growth trajectory with payments partners in the UK and North America.
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 Limited is a Melbourne-headquartered, global accounts receivable solutions provider that uses digital technology to automate and optimise working capital communications. Its flagship product, IODM Connect, is a cloud-based, currency-agnostic AR platform that integrates with clients’ ERP systems to manage invoicing, queries, payment reminders, escalation and analytics, aiming to boost productivity, accelerate customer payments and reduce costs and bad debt provisioning.
Average Trading Volume: 153,649
Technical Sentiment Signal: Sell
Current Market Cap: A$92.03M
For an in-depth examination of IOD stock, go to TipRanks’ Overview page.