IODM Limited has triggered a significant increase in its guaranteed minimum monthly revenue from its UK Education segment, reflecting a remarkable 242% growth in July 2025 compared to last year. This milestone boosts the annualised minimum payment to AUD 2.39 million, underscoring the strength of its digital accounts receivable platform.
- Guaranteed minimum monthly payment raised from GBP 75,000 to GBP 100,000
- July 2025 UK Education revenue grew 242% year-on-year
- Annualised minimum revenue payment now AUD 2.39 million, doubling prior period
- Growth driven by organic expansion and new educational institution onboarding
- IODM Connect platform pivotal in sustaining long-term revenue growth
Strong Revenue Growth in UK Education Segment
IODM Limited (ASX, IOD) has announced a major revenue milestone in its UK Education segment, triggering an increase in the guaranteed minimum monthly payment under its exclusive revenue share agreement with Convera. The minimum monthly payment has risen from GBP 75,000 to GBP 100,000, effective August 2025, reflecting a surge in revenue performance during July.
The company reported a 242% increase in UK Education revenue for July 2025 compared to the previous corresponding period, driven by both organic growth from existing educational institutions and onboarding of new clients. This exceptional performance resulted in receipts of AUD 250,000 for the month, exceeding the guaranteed minimum payment by approximately 67%.
IODM Connect, The Growth Engine
Central to this success is IODM's cloud-based accounts receivable platform, IODM Connect, which streamlines invoicing, payment reminders, and query management for educational institutions. CEO Mark Reilly highlighted the platform's role not only in securing initial university clients but also in driving sustained organic growth within the sector.
Reilly noted that the company is well positioned to capitalise on the upcoming busy invoicing period in the Northern Hemisphere, with ongoing enhancements to the product and platform expected to increase wallet share further.
Financial Implications and Outlook
The increase in the guaranteed minimum monthly payment represents the fourth such escalation since the inception of the agreement, doubling the annualised minimum payment to AUD 2.39 million. This 33% uplift in monthly guaranteed revenue translates to an additional AUD 600,000 annually, providing a stronger and more predictable revenue base for IODM.
While the July result was achieved during what is typically a quieter quarter for educational institutions in the Northern Hemisphere, it signals robust momentum. Investors will be watching closely to see if this growth trajectory continues through the traditionally busier months ahead.
IODM’s ability to integrate seamlessly with any accounting ERP software and its currency-agnostic design further enhance its appeal across global markets, positioning the company for continued expansion beyond the UK and EU regions.
Bottom Line?
IODM’s latest revenue milestone cements its foothold in UK Education, but sustaining this momentum will be key to unlocking further growth.
Questions in the middle?
- Can IODM maintain or accelerate revenue growth beyond the typically quiet Northern Hemisphere quarter?
- What impact will upcoming platform enhancements have on client acquisition and retention?
- How might currency fluctuations affect reported revenue and future guaranteed payments?