Half Yearly Report and Accounts

• Revenues from continuing operations up 23% to $1,858,000
• Loss from continuing operations down 0.69% to $1,225,000
• Significant growth in UK education market, with 12 universities on-boarded

IODM Limited, an Australian and global leader in providing best practice technology to businesses around the world, has reported its half-yearly results for the period ended 31 December 2024. The company saw a 23% increase in revenues from continuing operations to $1,858,000 and a 0.69% decrease in loss from continuing operations after tax to $1,225,000. The company's global reputation as a leading accounts receivable management solution has continued to grow, with significant expansion in the UK education market. At the end of the half, the company had a total of 12 on-boarded universities in the UK, an increase of 7 over the period, and had also expanded into new geographical regions of North America and France. The renegotiated commercial revenue sharing arrangement with the company's partner Convera in the UK education sector became operational on 1 January 2024, resulting in a 50% increase in the guaranteed minimum monthly revenue to $A1.79 million. The company also appointed new senior business development roles in the UK and US, which have already identified new opportunities in the university and health sectors. Overall, the company remains focused on driving growth in its core accounts receivable management solutions globally.

The company reported a 23% increase in revenues from continuing operations to $1,858,000 for the half-year ended 31 December 2024.

The company remains focused on driving growth in its core accounts receivable management solutions globally, with a particular focus on expanding its presence in the UK education market and identifying new opportunities in the US and other regions.