Intelligent Monitoring Group Limited (AU:IMB) has released an update.
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Intelligent Monitoring Group Limited reported a striking 401.8% increase in revenue alongside a significant 817.5% boost in Adjusted EBITDA in their latest financial year, while reducing their loss by 74.6%. Despite these improvements, the company did not declare any dividends and reported a marginal decrease in net tangible assets per share. The report also notes the acquisition of Tyco Australia Group Pty Ltd and Adeva Home Solutions Pty Ltd, with a loss of control over Advanced Inland Security Pty Ltd within the year.
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