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IODM Limited (ASX:IOD)

ALERT: Price-sensitive ASX Announcement for IOD
Current share price for IOD : $0.095 -0.03 (-24%)+
Announcement
Release
22 Jun 2026 9:10AM
Price at Release
$0.125
Full Release
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Summary
IODM Limited announced an expansion in the UK and European education sector through an amended revenue share agreement with TransferMate. The updated agreement grants IODM a share of payment revenues from universities using its services in the UK and Europe. IODM's CEO highlighted the strength of the IODM brand in the UK higher education market and expressed enthusiasm for further collaborations. The company specializes in an accounts receivable solution, IODM Connect, which enhances client productivity and manages AR processes seamlessly across different accounting systems.
Key Points
  • IODM expands into UK and Europe education sector.
  • Amended agreement with TransferMate.
  • Revenue share from universities using IODM services.
  • Focus on IODM Connect platform's effectiveness.
  • IODM Connect integrates with any accounting ERP software.
  • CEO Mark Reilly emphasizes the brand's strength.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.