IODM (IOD) H1 2026 earnings summary

Executive summary

• Revenue for the half-year ended 31 December 2025 was A$2.48m, up 33.4% year-over-year; UK education revenue rose 49.3% to A$1.40m.

• Net loss after tax was A$791k, a 35.4% improvement from the prior year’s A$1.23m loss.

• Three UK education forums and a successful tender with a major UK institution expanded the client base; onboarding now totals 20 universities.

• Launched a new Student portal, live at two universities, with strong student uptake.

• Board refreshed with new appointments and resignations during the period.

Financial highlights

• Total revenue: A$2.48m (A$1.86m prior year); UK education revenue: A$1.40m (A$0.94m prior year).

• Net loss after tax: A$791k (A$1.23m prior year).

• Basic and diluted loss per share: (0.13) cents ((0.20) cents prior year).

• Cash and cash equivalents at period end: A$570k (A$190k at 30 June 2025).

• Net assets: A$70k (A$1.25m net deficit at 30 June 2025).

Outlook and guidance

• Ongoing onboarding of UK universities expected to drive further revenue growth in Q3 and Q4 FY26.

• Advanced discussions with US institutions and partners for broader North American expansion.

• Directors confident in ability to raise additional funds if required and maintain going concern status.