New Risk • Apr 13
New major risk - Revenue and earnings growth Earnings have declined by 7.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.1m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$3.9m revenue, or US$2.7m). Market cap is less than US$100m (AU$111.1m market cap, or US$78.3m). New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$2.1m free cash flow). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (AU$3.9m revenue, or US$2.8m). Market cap is less than US$100m (AU$107.9m market cap, or US$76.9m). Board Change • Nov 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director David Ireland was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 14
IODM Limited, Annual General Meeting, Nov 13, 2025 IODM Limited, Annual General Meeting, Nov 13, 2025. Location: at clarence house, level 33, 385 bourke street, melbourne vic 3000, Australia New Risk • Aug 31
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$1.2m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.9m free cash flow). Negative equity (-AU$1.2m). Earnings have declined by 7.8% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$3.3m revenue, or US$2.1m). Market cap is less than US$100m (AU$61.7m market cap, or US$40.4m). Reported Earnings • Aug 31
Full year 2025 earnings released: AU$0.005 loss per share (vs AU$0.005 loss in FY 2024) Full year 2025 results: AU$0.005 loss per share (in line with FY 2024). Revenue: AU$3.28m (up 29% from FY 2024). Net loss: AU$2.96m (loss narrowed 4.6% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. New Risk • Mar 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.1m free cash flow). Earnings have declined by 7.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (AU$2.9m revenue, or US$1.9m). Market cap is less than US$100m (AU$95.1m market cap, or US$60.4m). New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.1m free cash flow). Earnings have declined by 7.8% per year over the past 5 years. Minor Risks Revenue is less than US$5m (AU$2.9m revenue, or US$1.8m). Market cap is less than US$100m (AU$92.0m market cap, or US$57.1m). Aankondiging • Jan 24
IODM Limited Appoints Diana Heggie to Its Board of Directors - as Non-Executive Director, Effective 1 February 2025 IODM Limited announced the appointment of Diana Heggie to its Board of Directors - as Non-Executive Director - effective 1 February 2025. Diana has an extensive background in senior executive and non-executive roles roles and a wealth of experience in the health industry spanning over 30 years. She brings strong strategic and industry expertise to IODM's Board of Directors. More recently, Diana has held significant non- executive positions in the Australian health sector, including Peninsular Health - where she served as Chair (2017 - 2023). In addition, she has served on the boards of the National Heart Foundation, and the Heart Foundation of Victoria. Diana currently serves as a Director of Alfred Health and is a member of both its Audit & risk, and Finance & remuneration committees. Diana also serves as a director of the Queens fund. Aankondiging • Sep 19
IODM Limited, Annual General Meeting, Nov 01, 2024 IODM Limited, Annual General Meeting, Nov 01, 2024. Location: workspace 365, level 14, 333 colins street , melbourne vic 3000 Australia Reported Earnings • Aug 31
Full year 2024 earnings released: AU$0.005 loss per share (vs AU$0.004 loss in FY 2023) Full year 2024 results: AU$0.005 loss per share (further deteriorated from AU$0.004 loss in FY 2023). Revenue: AU$2.61m (up 70% from FY 2023). Net loss: AU$3.11m (loss widened 30% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. New Risk • Aug 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Revenue is less than US$5m (AU$2.1m revenue, or US$1.4m). Market cap is less than US$100m (AU$106.9m market cap, or US$70.2m). Aankondiging • Mar 11
IODM Limited has completed a Follow-on Equity Offering in the amount of AUD 0.8 million. IODM Limited has completed a Follow-on Equity Offering in the amount of AUD 0.8 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,478,261
Price\Range: AUD 0.23
Transaction Features: Subsequent Direct Listing Aankondiging • Feb 26
IODM Limited to Report First Half, 2024 Results on Feb 29, 2024 IODM Limited announced that they will report first half, 2024 results on Feb 29, 2024 Aankondiging • Oct 05
IODM Limited, Annual General Meeting, Nov 03, 2023 IODM Limited, Annual General Meeting, Nov 03, 2023, at 09:00 AUS Eastern Standard Time. Location: Dexus Centre Level 14, 385 Bourke St Melbourne Victoria Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Directors' report, the remuneration report and the auditor's report; to consider ELECTION OF A DIRECTOR MS KAREN PENNEY; to consider the approval is given for the issue of 150,000 Employee Share Options to Ms Petrina Halsall; and to consider other matters. Reported Earnings • Sep 02
Full year 2023 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in FY 2022) Full year 2023 results: AU$0.004 loss per share (in line with FY 2022). Revenue: AU$1.57m (up 30% from FY 2022). Net loss: AU$2.40m (flat on FY 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. New Risk • Aug 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.1m free cash flow). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$1.3m revenue, or US$827k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (2.6% increase in shares outstanding). Aankondiging • Jul 07
Iodm Limited Announces Resignation of Tony Smith from Its Board of Directors IODM Limited announced the resignation of Tony Smith from its Board of Directors, effective 7th July 2023. Tony joined the Board in June 2019 to assist CEO Mark Reilly to restructure the business. Helping transition IODM's strategy away from SME focussed, Tony has helped evolve the business towards a more enterprise-focussed organisation, further aiding IODM's ability to scale globally. Seeking to improve IODM's corporate governance, while also enhancing Board independence, Tony will step down from the Board immediately. Tony will continue to work closely with IODM's executive team - under a consultancy agreement - as the Company progresses the next phase of its global rollout of the IOD Connect platform. New Risk • Jun 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.1m free cash flow). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$1.3m revenue, or US$852k). Minor Risk Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Aankondiging • Jun 14
IODM Limited Appoints Karen Penney to Its Board of Directors as Non-Executive Director Effective IODM Limited announced the appointment of Karen Penney to its Board of Directors as Non-Executive Director effective 14th June 2023. A London-based British national, with an extensive background in senior executive roles and a wealth of experience spanning over 30 years, Karen brings a unique blend of strategic, commercial, and industry expertise to IODM's Board of Directors. More recently, Karen has held significant executive positions in renowned global financial companies, including American Express and Convera formerly Western Union Business Solutions where she served as Vice President Payment Products (2018 2022) and was primarily responsible for delivering corporate payments across the UK and Europe. Similarly, as Vice President & General Manager UK at American Express (2012 2018), Karen spearheaded their UK corporate business, managing a diverse customer base and considerable cross-border payments transactions. Karen currently serves as a Board Trustee on both Tempo Time Credits and Clothing Collective, focused specifically on delivering strategic change management, profitability enhancement, business development and creating long-term growth strategies. Reported Earnings • Feb 24
First half 2023 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in 1H 2022) First half 2023 results: AU$0.002 loss per share (further deteriorated from AU$0.001 loss in 1H 2022). Revenue: AU$921.0k (up 13% from 1H 2022). Net loss: AU$970.3k (loss widened 19% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Brian Jamieson was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Aankondiging • Sep 21
IODM Limited, Annual General Meeting, Oct 24, 2022 IODM Limited, Annual General Meeting, Oct 24, 2022, at 10:00 AUS Eastern Standard Time. Location: Dexus Centre, Level 14, 385 Bourke St, Melbourne VIC 3000 Melbourne Australia Agenda: To consider and if thought fit, to pass, with or without amendment, the following resolution as a non-binding resolution: That for the purpose of section 250R(2) of the Corporations Act, and for all other purposes, approval is given for the adoption of the Remuneration Report as contained in the Company's annual financial report for the financial year ended 30 June 2022; To consider and if thought fit, to pass, with or without amendment, the following resolution as an ordinary resolution: That, for the purpose of clause 50.3 of the Constitution and for all other purposes, Mr Brian Jamieson, a Director, retires by rotation, and being eligible, is re-elected as Director; and to consider other matters. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Brian Jamieson was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • May 01
Head of Business Development recently sold AU$4.3m worth of stock On the 26th of April, Damian Arena sold around 18m shares on-market at roughly AU$0.24 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$3.9m more than they bought in the last 12 months. Recent Insider Transactions • Sep 17
Independent Non-Executive Director recently bought AU$133k worth of stock On the 14th of September, Brian Jamieson bought around 347k shares on-market at roughly AU$0.38 per share. In the last 3 months, there was an even bigger purchase from another insider worth AU$137k. Insiders have collectively bought AU$449k more in shares than they have sold in the last 12 months. Board Change • Sep 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Paul Kasian was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Paul Kasian was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Paul Kasian was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 04
Non-Executive Director recently bought AU$137k worth of stock On the 27th of August, Anthony Smith bought around 457k shares on-market at roughly AU$0.30 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$317k more in shares than they have sold in the last 12 months. Board Change • Sep 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairman Paul Kasian was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 29
Full year 2021 earnings released: AU$0.004 loss per share (vs AU$0.004 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$1.15m (up 35% from FY 2020). Net loss: AU$2.20m (loss narrowed 8.9% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 179% per year, which means it is well ahead of earnings. Reported Earnings • Feb 24
First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: AU$671.9k (up 53% from 1H 2020). Net loss: AU$1.01m (loss narrowed 17% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 158% per year, which means it is well ahead of earnings. Recent Insider Transactions • Nov 20
Non-Executive Director recently bought AU$55k worth of stock On the 17th of November, Anthony Smith bought around 322k shares on-market at roughly AU$0.17 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$736k more in shares than they have sold in the last 12 months.