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IODM Limited Navigates Tight Cash Flow Amid Expansion Plans
6:22pm on Sunday 1st of June, 2025 AEST
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Technology
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IODM Limited Navigates Tight Cash Flow Amid Expansion Plans
6:22pm on Sunday 1st of June, 2025 AEST
Key Points
Cash and cash equivalents fell to $461,000 in Q2 FY2025
Net cash used in operating activities totaled $441,000 for the quarter
Received $505,000 in government grants during the period
Plans underway to onboard additional universities in the UK and North America
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