IODM (IOD) H2 2025 earnings summary

Executive summary

• FY25 saw a strategic shift toward building out the education sector, particularly in the UK, with significant investments in staff across Australia, the UK, and North America.

• The number of onboarded universities increased to 14, up 180% from the previous year.

Financial highlights

• Total revenue reached AUD 2.76m, up 45% year-over-year from AUD 1.91m.

• UK education revenue surged 80% to AUD 1.94m, compared to AUD 1.08m in the prior year.

• Operating cash receipts rose 29% to AUD 2.65m from AUD 2.06m.

• Net profit after tax (NPAT) was a loss of AUD 2.96m, a 4.5% improvement from a loss of AUD 3.1m.

• Domestic revenue increased slightly to AUD 0.81m from AUD 0.79m.

Outlook and guidance

• Confident in achieving the next UK education minimum payment threshold of GBP125,000/month in 1H FY26, following achievement of GBP100,000/month in July 2025.

• Large sales pipeline with Tier 1 commercial clients in Australia and growing development pipeline as clients seek customisation.