IODM (IOD) Q3 2025 TU earnings summary

Executive summary

• Q3 FY25 cash receipts reached A$755k, up 18% year-over-year, with YTD cash receipts at A$1.955m, a 26% increase over the prior period.

• Net cash outflow from operating activities reduced by 25% to A$560k compared to the same quarter last year.

• UK Education segment led growth, with cash receipts up 84% year-over-year to A$571k and two new universities implemented.

• Revenue share agreements formalized in the US and Canada, with initial university engagement underway.

Financial highlights

• Q3 FY25 cash receipts: A$755k (+18% YoY); YTD: A$1.955m (+26% YoY).

• Net cash outflow from operations: A$560k, down from A$745k in the prior year quarter.

• Cash and cash equivalents at quarter end: A$356k.

• No cash flows from investing activities; net cash from financing activities: A$452k for the quarter.

Outlook and guidance

• Two new UK universities implemented in Q3, with two more on-boarded in early Q4, expected to boost future cash receipts.

• US and Canada revenue share agreements operational, with first university on-boardings anticipated.

• Australian sales team restructuring expected to yield new contracts and revenue uplift in Q4.