IODM Secures Higher UK Education Revenue Milestone

IODM Limited (ASX: IOD) has reached a new revenue threshold in its UK Education segment under its exclusive revenue share agreement with Convera, increasing the guaranteed monthly payment from GBP 75,000 to GBP 100,000. This uplift was driven by exceptional July 2025 results, where receipts of AUD $250k exceeded the guaranteed minimum by 67%, marking a 242% increase over the prior corresponding period. The growth came from both existing educational institutions and new client onboarding. Effective August 2025, this is the fourth revenue escalation since the agreement began, lifting the annual guaranteed minimum to AUD $2.39 million, double last year’s level. The IODM Connect platform continues to play a critical role in client acquisition and retention, positioning the company to benefit from the upcoming busy invoicing season in UK education.

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