• $20 million asset-based loan facility with Scottish Pacific Business Finance
• Replaces existing $4.7 million facility with National Australia Bank
• Provides financial flexibility to support growing sales pipeline and recent contract wins

IDT Australia Limited (ASX: IDT) has finalized the settlement of a new $20 million asset-based loan facility with Scottish Pacific Business Finance Pty Ltd (ScotPac). This facility replaces IDT's current $4.7 million facility with the National Australia Bank and underscores the company's strategic commitment to scaling its operations in response to increased demand and expanding market opportunities in Australia and internationally. The ScotPac facility is structured on standard commercial terms with a 36-month initial term and potential to roll into an ongoing term, subject to mutual agreement. The facility carries a discount charge (interest rate) of 10.60% per annum, based on ScotPac's variable base rate of 8.35% plus a 2.25% margin. The facility is secured against a portfolio of IDT's assets, including property, equipment, and receivables. IDT reported a 91% year-on-year jump in operating revenue to $12.3 million for FY24 and an 82% increase in unaudited total revenue to $10.4 million in 1HY25 over the same period last year, positioning the company to deliver further growth in the current financial year and beyond.