middle.news

Why Did IDT’s CEO Resign Amid a 40% Revenue Surge?

10:23am on Thursday 7th of August, 2025 AEST Pharmaceuticals
Read Story

Why Did IDT’s CEO Resign Amid a 40% Revenue Surge?

10:23am on Thursday 7th of August, 2025 AEST
Key Points
  • Immediate resignation of CEO Paul McDonald
  • Executive Chair Mark Simari assumes leadership role
  • FY25 revenue up 40.6% to $19.9 million (unaudited)
  • Net loss widens to $7.5 million due to bad debts and operational costs
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Idt Australia (ASX:IDT)
OPEN ARTICLE