Intelligent Monitoring Group Limited (IMB) AI Stock Analysis

• Market Cap: AU$226.50M
• Dividend Yield: N/A
• Average Volume (3M): 648.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• Revenue Growth: 43.58%
• EPS Growth: -357.04%
• Country: AU
• Employees: 135
• Sector: Industrials
• Sector Strength: 72
• Industry: Security & Protection Services
• EPS (TTM): >-0.01
• Shares Outstanding: 411,817,630
• 10 Day Avg. Volume: 1,470,164
• 30 Day Avg. Volume: 648,268
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.05
• Price to Sales (P/S): 0.01
• P/FCF Ratio: 6.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.96
• Price Target Upside: 74.55% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 0.06
• Revenue Forecast (FY): AU$245.27M

• Rating: 48 Neutral
• Price Target: AU$0.55 ▼(-0.91% Downside)
• Action: Reiterated Date: 12/13/25
• Date: Action: Reiterated 12/13/25

The overall stock score is primarily impacted by the company's financial performance, which is challenged by negative profitability and high leverage. Technical analysis shows some positive momentum, but valuation concerns due to negative earnings weigh heavily on the score.

Positive Factors

Revenue Growth

Sustained top-line growth (~19% in the latest year) indicates expanding demand for the firm's security services and strengthens its market foothold. Durable revenue momentum supports scaling of fixed-cost infrastructure, enables reinvestment in product and coverage, and provides a foundation for future margin recovery as operations leverage increased volumes.

Operating Cash Flow Improvement

Improving operating cash flow demonstrates better short-to-medium term cash generation from core operations, reducing immediate liquidity pressure. If maintained, this trend can support working capital needs and reduce reliance on external financing, offering a pathway to convert operating improvements into sustained positive free cash flow as margins normalize.

EBITDA/EBIT Margin Improvements

Positive movement in EBIT and EBITDA margins signals operational progress—better cost control, pricing or mix improvements—that are durable if structural. Margin recovery at the operating level increases the likelihood of achieving sustainable profitability over the medium term as revenue continues to grow and fixed costs are absorbed.

Negative Factors

High Leverage

A debt-to-equity of 2.37 denotes substantial leverage that structurally raises interest expense and refinancing risk, limiting strategic flexibility. Over a 2-6 month horizon, high leverage constrains capital allocation, amplifies earnings volatility during downturns, and increases the probability that operational setbacks will force tougher debt management or deleveraging measures.

Negative Net Profitability

A persistent negative net margin (~-10%) means the company is not converting sales into bottom-line profits, structurally eroding equity and limiting retained earnings for reinvestment. Without sustained margin expansion, ongoing losses will necessitate continued external funding or cost reduction strategies, challenging sustainable growth and investor returns over the medium term.

Free Cash Flow Strain

Negative free cash flow growth and a low operating cash flow to net income ratio (0.23) reveal weak conversion of earnings into usable cash. This structural cash generation shortfall hampers the firm's ability to service debt, invest in growth, or build reserves, increasing liquidity risk and the need for external financing if improvements do not continue.

Intelligent Monitoring Group Limited Business Overview & Revenue Model

Company Description

Intelligent Monitoring Group Limited provides security, monitoring, and risk management services for business and individual use in Australia. It also offers high net worth family security solutions, including the development of personal and family safety procedures, ongoing review and assessment to the penetrability of existing residences, evacuation and emergency planning, residential and commercial security systems, phone based duress and location services, customized electronic dashboards, personal safety and travel awareness training services, incident management and response services, close personal protection/personal security drivers, and supplier selection and vetting services. In addition, the company provides business security solutions, such as security risk advisory and security program development services, customer liaison and security personnel, staff safety training services, and protective technology and monitored security systems; security and risk consulting; threat, risk, and vulnerability assessments; and investigation, due diligence, and surveillance and counter surveillance services, as well as technical surveillance counter measures. Further, it offers security personnel solutions, including security officers, close personal protection and concierge personnel, and personal delivery and transport services; and monitored security systems, such as intruder detection, access control, and CCTV. The company was formerly known as Threat Protect Australia Limited and changed its name to Intelligent Monitoring Group Limited in December 2021. Intelligent Monitoring Group Limited was incorporated in 1993 and is based in West Perth, Australia.

How the Company Makes Money

IMB generates revenue through several key streams: first, by selling software licenses for its monitoring platforms to organizations seeking to improve their operations. This includes one-time license fees and recurring subscription models. Second, the company offers consulting services for implementation and optimization of its systems, which creates an additional income source. Third, IMB has established strategic partnerships with hardware manufacturers, enabling it to bundle its software with proprietary hardware solutions, thus enhancing value to customers while increasing sales volume. Additionally, IMB may receive revenue from maintenance contracts and ongoing technical support services, ensuring continued client engagement and satisfaction.

Intelligent Monitoring Group Limited Financial Statement Overview

Summary

Intelligent Monitoring Group Limited shows strong revenue growth, but profitability remains a significant challenge with negative net income and margins. The balance sheet reflects high leverage, posing financial risks. Cash flow improvements are noted, but free cash flow remains constrained. Overall, the company faces hurdles in achieving financial stability and profitability.

Income Statement

The company has shown a strong revenue growth rate of 19.02% in the latest year, indicating positive sales momentum. However, the net profit margin remains negative at -10.08%, reflecting ongoing profitability challenges. The gross profit margin has decreased to 38.40%, suggesting increased cost pressures. Despite improvements in EBIT and EBITDA margins, the company is still struggling to achieve profitability.

Balance Sheet

The company has a high debt-to-equity ratio of 2.37, indicating significant leverage and potential financial risk. The return on equity is negative at -43.78%, highlighting the company's inability to generate profit from shareholders' equity. The equity ratio is relatively low, suggesting a heavy reliance on debt financing.

Cash Flow

The operating cash flow has improved, but the free cash flow growth rate is negative, indicating cash flow challenges. The operating cash flow to net income ratio is low at 0.23, suggesting limited cash generation relative to net income. The free cash flow to net income ratio is positive but low, reflecting constrained cash flow relative to earnings.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	192.06M	174.88M	121.80M	24.27M	23.09M	25.46M
Gross Profit	61.63M	67.15M	56.90M	5.23M	9.38M	10.55M
EBITDA	31.88M	31.21M	20.36M	-344.00K	7.86M	238.00K
Net Income	-11.00M	-17.63M	-3.01M	-11.86M	-4.18M	-15.66M
Balance Sheet
Total Assets	207.13M	186.50M	154.37M	36.42M	40.74M	35.06M
Cash, Cash Equivalents and Short-Term Investments	36.17M	23.96M	25.55M	5.27M	7.04M	1.83M
Total Debt	106.67M	95.55M	88.98M	30.12M	30.96M	54.11M
Total Liabilities	157.42M	146.02M	126.89M	38.12M	40.30M	67.30M
Stockholders Equity	49.71M	40.27M	27.36M	-1.71M	448.00K	-32.24M
Cash Flow
Free Cash Flow	6.63M	358.00K	-11.35M	-4.55M	-3.65M	4.00K
Operating Cash Flow	16.06M	10.59M	8.09M	-3.07M	-2.03M	2.49M
Investing Cash Flow	-23.04M	-33.43M	-61.65M	-3.50M	-6.48M	-2.54M
Financing Cash Flow	17.29M	21.26M	73.84M	4.80M	13.71M	-2.25M

Intelligent Monitoring Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IMB, the sentiment is Negative. The current price of 0.55 is below the 20-day moving average (MA) of 0.64, below the 50-day MA of 0.68, and below the 200-day MA of 0.61, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 27.90 is Positive, neither overbought nor oversold. The STOCH value of 4.30 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:IMB.

Intelligent Monitoring Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AVA	50 Neutral	AU$15.43M	-2.02	-25.77%	―	4.84%	-12.12%
IMB	48 Neutral	AU$226.50M	-12.91	-73.85%	―	43.58%	-357.04%
DTI	45 Neutral	AU$8.05M	-4.76	-39.15%	―	11.15%	26.53%
MSG	45 Neutral	AU$1.39M	-5.50	-61.10%	―	―	51.22%
SP3	40 Underperform	AU$8.28M	-7.69	-850.83%	―	6.37%	76.58%
SCT	36 Underperform	AU$1.63M	-2.77	―	―	-12.49%	51.70%

Intelligent Monitoring Group Limited Corporate Events

Intelligent Monitoring Group outlines 1H FY2026 results under strict investor disclaimers

Intelligent Monitoring Group Limited has released an investor presentation outlining its first-half FY2026 results, accompanied by extensive disclaimers on the nature and limits of the information provided. The document emphasises that the material is general in nature, not comprehensive, and should be read alongside the company’s official market disclosures on the ASX.

The company stresses that the presentation is not an offer of securities or financial advice, and that past performance is not indicative of future results. It also highlights the inherent risks and uncertainties in any forward-looking statements and disclaims liability for reliance on projections or third-party information, underscoring a cautious framework for how investors should interpret the results material.

The most recent analyst rating on (AU:IMB) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Lifts First-Half Earnings and Reaffirms Guidance

Intelligent Monitoring Group reported a 9.2% rise in first-half FY26 underlying EBITDA to $19.2m, driven by solid Australian growth and a sharply expanding installation pipeline, despite a weak first quarter in its New Zealand operations. Operating cash flow increased 25.3% to $9.4m and cash on hand reached $36.2m, leaving the balance sheet in strong shape and positioning the group for a typically stronger second half.

The company reaffirmed guidance for full-year underlying EBITDA of $43m–$47m and expects pro forma EBITDA of $53m–$57m and higher EPS once the Tyco NZ acquisition settles, likely in the fourth quarter. Management highlighted rising order momentum in New Zealand and a growing role in crime prevention, underlining confidence that IMG is scaling into a more significant security player ahead of FY26 and an even larger FY27.

The most recent analyst rating on (AU:IMB) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Narrows Half-Year Loss as Revenue Climbs 21%

Intelligent Monitoring Group Limited reported a 21.3% rise in revenues from ordinary activities to $98.0 million for the half-year ended 31 December 2025, while narrowing its loss after tax attributable to owners by 73.2% to $2.4 million. Net tangible assets per share remained negative at 9.85 cents, but the reduced loss signals improved operational performance and cost control, with no dividends declared for the period.

During the half-year, the group strengthened its operational footprint by gaining control of Western Advance Pty Ltd on 1 September 2025 and BNP Securities Pty Ltd on 1 October 2025. These acquisitions, together with the revenue growth and shrinking losses, suggest an ongoing strategic expansion aimed at enhancing the company’s scale and market position despite a still-negative equity base.

The most recent analyst rating on (AU:IMB) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Wins ASX Relief from Quarterly Cash Flow Filings

Intelligent Monitoring Group Limited has been granted relief by the ASX from the requirement to lodge Appendix 4C quarterly cash flow reports, with the exchange indicating confidence that the company consistently generates sufficient positive net operating cash flow. Despite no longer needing to file these specific reports, IMG will continue to provide quarterly market updates on trading and performance, with its next scheduled disclosure now aligned to its half-yearly results release planned for 20 February 2026, signalling ongoing transparency for investors while reducing compliance burdens.

The most recent analyst rating on (AU:IMB) stock is a Hold with a A$0.73 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Director Increases Indirect Shareholding

Intelligent Monitoring Group Limited has disclosed a change in the indirect shareholding of director Peter Kennan, whose interest is held through the Black Crane Asia Pacific Opportunities Fund, managed by Black Crane Investment Management Limited. Kennan, as the ultimate controlling shareholder of the fund’s investment manager, increased his indirect beneficial interest by 195,409 fully paid ordinary shares via on‑market purchases over 30–31 December 2025, lifting his holding to 128,148,284 shares, in a routine governance update to the market on director interests.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Issues 34.5 Million Shares in Institutional Placement

Intelligent Monitoring Group Limited has completed a share placement, issuing 34.5 million fully paid ordinary shares at A$0.58 each to institutional and sophisticated investors under its existing ASX Listing Rule 7.1 capacity. The company has confirmed via a cleansing notice that the shares were issued without the need for a prospectus, that it remains compliant with key financial reporting and continuous disclosure obligations, and that there is no undisclosed price-sensitive information, thereby facilitating trading in the new securities and providing assurance to existing and new shareholders about regulatory compliance.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Seeks ASX Quotation for 34.5 Million New Shares

Intelligent Monitoring Group Limited has applied to the ASX for quotation of 34.5 million new fully paid ordinary shares under code IMB, following a previously announced transaction. The additional securities, issued on 22 December 2025, will expand the company’s quoted share capital base, signalling a material equity issuance that may affect share liquidity and ownership structure for existing and new investors.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Limited Announces Proposed Securities Issue

Intelligent Monitoring Group Limited has announced a proposed issue of 34,500,000 ordinary fully paid securities, scheduled for December 22, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market position by increasing its capital base and providing more resources for expansion or operational improvements.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

IMG Secures $20M to Bolster Growth After Strategic Acquisitions

Intelligent Monitoring Group Limited (IMG) has successfully raised approximately $20 million through a placement of 34.5 million new shares to institutional investors. This capital raise, prompted by strong institutional interest, aims to restore the company’s balance sheet gearing to pre-acquisition levels following its recent purchase of Tyco New Zealand and Red Wolf Security. The funds will be used to enhance working capital and support further growth, positioning IMG to expand its footprint in New Zealand and pursue faster organic growth. This strategic move is expected to improve liquidity and market valuation, aligning with IMG’s goal of becoming a leading player in the security and fire services sector.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Initiates Trading Halt for Equity Raising Announcement

Intelligent Monitoring Group Limited has requested a trading halt on its securities as it prepares to announce an equity raising. This move is intended to facilitate the announcement process and ensure orderly trading once the details are released, potentially impacting the company’s market position and investor relations.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

Intelligent Monitoring Group Expands with Strategic Acquisition

Intelligent Monitoring Group Limited has announced the acquisition of ‘Project FPHLS,’ a strategic move aimed at enhancing its capabilities in the fire protection and high-level security sectors. This acquisition is expected to strengthen the company’s market position by expanding its service offerings and potentially increasing its market share, thereby providing significant implications for its stakeholders.

The most recent analyst rating on (AU:IMB) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.

IMG Expands New Zealand Presence with Strategic Acquisition

Intelligent Monitoring Group Limited has announced its acquisition of Tyco NZ and Red Wolf from Johnson Controls for NZ$45 million, aiming to strengthen its commercial footprint in New Zealand. This strategic move is expected to significantly boost IMG’s revenue and profitability, with the acquisition anticipated to be accretive and align with the company’s growth strategy in the region. The acquisition will be funded through existing banking facilities and cash flow, reflecting IMG’s commitment to expanding its industrial capabilities and enhancing shareholder value.

The most recent analyst rating on (AU:IMB) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Intelligent Monitoring Group Limited stock, see the AU:IMB Stock Forecast page.