IODM (ASX:IOD) said its UK education segment saw a revenue growth of 179% in September year-over-year, posting a revenue of AU$209,000, compared to a revenue of AU$75,000 in the prior corresponding period, according to a Wednesday Australian bourse filing.
Revenue from existing educational institutions saw an uplift in revenue of 109%.
The firm amended its estimates for group cash receipts in the first quarter of the fiscal year 2026 to be around AU$850,000, an increase of 76% on the prior corresponding period. It is estimated that the UK education segment revenue for the period to come in at AU$630,000, an increase of 116% year-over-year.