Intelligent Monitoring Group Limited (IMB) AI Stock Analysis

• Market Cap: AU$310.92M
• Dividend Yield: N/A
• Average Volume (3M): 648.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.55
• Revenue Growth: 43.58%
• EPS Growth: -357.04%
• Country: AU
• Employees: 135
• Sector: Industrials
• Sector Strength: 72
• Industry: Security & Protection Services
• EPS (TTM): 0.05
• 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$0.98
• Price Target Upside: 32.43% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: AU$0.75 ▲(1.62% Upside)

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 provides a foundation for scale and long-term viability: it supports investment in product development, expands addressable market penetration, and can help absorb fixed costs. If maintained, revenue momentum enables margin improvement and reinvestment over 2–6 months.

Diverse Recurring Revenue Model

A mix of recurring subscriptions, one-time licenses, consulting services, and hardware partnerships creates multiple durable cash streams. Bundling software with hardware and services increases customer stickiness, lowers churn risk, and supports predictable revenue and cross-sell opportunities over the medium term.

Improving Operating Cash Flow

Improved operating cash flow indicates better cash conversion from core operations, which helps fund near-term operations and strategic initiatives without immediate external financing. If this trend continues, it can stabilize liquidity and support gradual deleveraging over several quarters.

Negative Factors

High Leverage

Elevated leverage materially increases financial risk by raising interest and covenant exposure. With limited equity buffer, the company has reduced flexibility to invest or absorb shocks; high debt levels constrain operational choices and make refinancing or growth funding more difficult over the medium term.

Negative Profitability

Persistent negative margins show the business is not yet generating sustainable profits despite revenue growth. Ongoing losses limit internal funding for R&D and scaling, pressure working capital, and increase reliance on external capital, hindering durable value creation until margins turn positive.

Constrained Free Cash Flow & Low Cash Conversion

Negative FCF growth and a low OCF-to-income ratio indicate weak cash generation versus reported results. This reduces capacity to pay down debt, fund product investment, or return capital, increasing the likelihood of future financing needs and creating a structural constraint on operational flexibility.

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

Intelligent Monitoring Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:IMB, the sentiment is Positive. The current price of 0.74 is above the 20-day moving average (MA) of 0.68, above the 50-day MA of 0.63, and above the 200-day MA of 0.59, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 69.89 is Neutral, neither overbought nor oversold. The STOCH value of 86.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	53 Neutral	AU$24.45M	-3.47	-25.77%	―	4.84%	-12.12%
IMB	48 Neutral	AU$310.92M	-11.71	-73.85%	―	43.58%	-357.04%
SP3	45 Neutral	AU$12.14M	-11.54	-850.83%	―	6.37%	76.58%
DTI	45 Neutral	AU$8.94M	-3.33	-39.15%	―	11.15%	26.53%
MSG	45 Neutral	AU$1.39M	-5.50	-61.10%	―	―	51.22%
SCT	36 Underperform	AU$1.63M	-0.72	―	―	-12.49%	51.70%

Intelligent Monitoring Group Limited Corporate Events

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.

Intelligent Monitoring Group Issues Shares to Managing Director

Intelligent Monitoring Group Limited announced the issuance of 1,850,000 ordinary fully paid shares to its Managing Director, Dennison Hambling, following the exercise of performance rights approved in 2022. This move signifies the company’s commitment to rewarding leadership and aligning management interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$0.91 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 Employee Performance Rights

Intelligent Monitoring Group Limited announced the issuance of 200,000 unquoted employee performance rights as part of an employee incentive scheme. This move is expected to motivate and retain talent within the company, potentially enhancing its operational performance and competitive positioning in the security industry.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$0.91 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 Issues New Securities on ASX

Intelligent Monitoring Group Limited has announced the issuance of 1,850,000 fully paid ordinary securities, which will be quoted on the ASX. This move could potentially enhance the company’s market presence and provide additional capital for operational expansion, impacting its positioning within the security industry.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$0.91 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 Reports Successful AGM Outcomes

Intelligent Monitoring Group Limited announced the successful results of its 2025 Annual General Meeting, with all resolutions passed by the shareholders. Key resolutions included the adoption of the remuneration report, re-election of directors, approval to increase non-executive directors’ fees, and the approval of the IMG employee incentive plan. These outcomes indicate strong shareholder support and are expected to positively impact the company’s governance and operational strategies.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$0.91 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’s Strategic Outlook at 2025 AGM

Intelligent Monitoring Group Limited presented its 2025 Annual General Meeting, highlighting the company’s strategic direction and operational performance. The presentation underscored the company’s commitment to maintaining its market position through innovation and adaptation to industry trends, which is crucial for stakeholders and investors looking to understand the company’s future trajectory.

The most recent analyst rating on (AU:IMB) stock is a Buy with a A$0.91 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 Reports Strong Q1 FY26 Performance and Growth Prospects

Intelligent Monitoring Group Limited reported a net operating cash flow of $0.5 million for Q1 FY26, despite seasonal and restructuring expenses. The company acquired BNP Securities for $4.2 million, increasing its cash reserves to $16.2 million. The restructuring of sales and delivery functions in Australia aims to boost the growth of ADT Guard, with promising early results. The pipeline for commercial installation and upgrade work has grown significantly, indicating strong future prospects. The company expects its FY26 EBITDA to align with market expectations and anticipates increased profitability from its ADT Guard service in the fourth quarter, driven by rising crime rates and low security penetration in Australia and New Zealand.

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.