IODM : Investor Presentation 1H22 Results

r personal use only

1H22 RESULTS

Approved for release by the Board February 2022

Key highlights

r personal use only

Subscription Fee Revenue Up 5.4%: Subscription Fee Revenue increased despite Covid 19 lockdowns and impact of businesses delaying decision making affecting the growth in implementation revenue.

Loss narrows: Operating loss narrowed on PCP by 18%

Continuing to increase footprint in Europe: New educational clients are being onboarded in the UK while our first client in Greater Europe continues the geographical expansion

Further territories: UAE penetration continues and will provide new Licence Revenue lateral

Subsequent capital raising: Recent capital raising provides comfort on the rollout strategy

2

onlyuse Robust business

personalmodel

Growing annuity-style subscription revenue underpins significant operating leverage potential, coupled with diversified revenue streams

r

Results

only
Revenue
	Management
R & D/Grants
Costs
use
D & A
	Employees
Net Loss
Annualised Revenue
personalr	Customers

Board

1H22	1H21	% DIFF
$m	$m
0.41	0.4	Flat	No implementation fees due to Covid and heavy skew to Education
0.44	0.28	52%	Higher due to greater investment in R&D
1.6	1.7	6%	Costs being managed through growth phase
-0.08	-0.04	70%
-0.8	-1.0	20%	Loss narrows due to higher investment in R&D
3.1	1.5	107%	Higher AR due to the expansion in to Education in the UK

4

onlyuse Global Expansion

personalIODM announced on 30 June 2021 the expansion through the UK Education Industry

r