Intelligent Monitoring Group Limited (IMB) AI Stock Analysis

• Market Cap: AU$205.91M
• Dividend Yield: N/A
• Average Volume (3M): 648.27K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.74
• 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: 92.67% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 0.06
• Revenue Forecast (FY): AU$245.27M

• Rating: 43 Neutral
• Price Target: AU$0.48 ▼(-3.40% Downside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is primarily constrained by continued net losses and high leverage despite improving operations and positive operating cash flow. Technicals further weigh on the rating as the stock trades below key moving averages with weak momentum. Valuation is also limited by negative earnings and the absence of a stated dividend yield.

Positive Factors

Accelerating revenue & operating margin

Sustained top-line acceleration combined with an ~18% EBITDA margin indicates the core security services model is scaling operationally. Strong revenue and operating profitability improvements increase durable cash-generation potential and support margin sustainability as the company integrates acquisitions.

Improving operating cash flow

Rising and positive operating cash flow provides a steady internal funding source, lowering reliance on external capital. Improved cash generation enhances liquidity, funds working capital and reinvestment, and underpins the firm's short-to-medium term ability to finance growth and integration programs.

ASX relief reduces compliance burden

Receiving relief from quarterly Appendix 4C filings signals regulator confidence in operating cash generation and reduces recurring compliance costs. That preserves management focus and resources for scaling operations and integrating acquisitions, a durable operational benefit for execution.

Negative Factors

Ongoing net losses

Despite operating improvements, persistent net losses and a roughly -10% net margin mean profitability has not been achieved at the bottom line. Ongoing losses limit retained earnings, reduce ability to return capital, and leave the firm exposed to non-operating costs and financing volatility.

Elevated leverage

High debt relative to equity, though improving, raises financial vulnerability. Elevated leverage increases interest and refinancing risk, constrains strategic flexibility for capex or bolt-on M&A, and magnifies downside if operating improvement stalls, so sustained deleveraging is needed.

Thin free cash flow & low cash coverage

Very thin free cash flow and low operating cash-to-debt coverage limit internal buffers against shocks and reduce capacity to repay debt or fund growth without outside financing. This constrains capital allocation choices and heightens dependence on sustained margin improvement.

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.

Intelligent Monitoring Group Limited Financial Statement Overview

Summary

Operational improvement is evident with accelerating revenue growth and improved operating profitability, plus positive and improving operating cash flow. However, the company remains net loss-making, leverage is still high despite improvement, and free cash flow is thin, keeping the overall financial profile moderate and higher risk.

Income Statement

Revenue growth is strong and accelerating (up 19.0% in FY2025 vs 4.0% in FY2024), and profitability has improved materially versus earlier years, with positive operating profit and a solid EBITDA margin (~17.8%) in FY2025. However, the company remains net loss-making (net margin ~-10.1% in FY2025, worse than ~-2.5% in FY2024), indicating costs below the operating line (e.g., financing and/or non-operating items) are pressuring bottom-line results despite better operations.

Balance Sheet

The balance sheet is leveraged, with debt still high relative to equity (debt-to-equity ~2.37x in FY2025, improving from ~3.25x in FY2024). Equity has rebuilt from negative levels in prior years, which is a meaningful positive trend, but returns to shareholders remain negative (return on equity ~-43.8% in FY2025) given ongoing net losses. Overall, improving capital position but still elevated financial risk due to leverage and weak bottom-line profitability.

Cash Flow

Operating cash flow is positive and improving (A$10.6m in FY2025 vs A$8.1m in FY2024), which supports near-term liquidity. That said, free cash flow is thin in FY2025 (~A$0.36m) after being deeply negative in FY2024 (about -A$11.3m), and operating cash flow remains low relative to debt (~0.23 in FY2025), implying limited cash generation versus leverage. Cash generation is trending better, but consistency and headroom remain key concerns.

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: 0.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 0.5 is below the 20-day moving average (MA) of 0.53, below the 50-day MA of 0.63, and below the 200-day MA of 0.61, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 35.83 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, 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	48 Neutral	AU$13.10M	-4.31	-36.07%	―	4.84%	-12.12%
MSG	44 Neutral	AU$990.50K	-1.84	17.10%	―	―	51.22%
IMB	43 Neutral	AU$205.91M	-26.98	-24.44%	―	43.58%	-357.04%
DTI	40 Underperform	AU$8.05M	-69.01	-19.88%	―	11.15%	26.53%
SCT	―	AU$1.63M	-2.77	58.28%	―	-12.49%	51.70%
SP3	38 Underperform	AU$6.64M	-14.21	-71.80%	―	6.37%	76.58%

Intelligent Monitoring Group Limited Corporate Events

Intelligent Monitoring Group Director Cuts Indirect Stake in Off‑Market Share Sale

Intelligent Monitoring Group Limited has disclosed a change in director Peter Kennan’s relevant interest in the company’s shares, following transactions conducted between 13 and 17 March 2026. Kennan’s indirect holding, via the Black Crane Asia Pacific Opportunities Fund, fell from 128,148,284 to 120,648,284 fully paid ordinary shares after the off‑market disposal of 7,500,000 shares for approximately $3.64 million.

The shares are held through Citicorp Nominees Pty Limited on behalf of the Black Crane Fund, whose investment decisions are controlled by Black Crane Investment Management Limited, ultimately controlled by Kennan. The company confirmed that the transactions did not occur during a closed period requiring prior written clearance, indicating routine portfolio management rather than a restricted‑period trade.

The most recent analyst rating on (AU:IMB) stock is a Hold with a A$0.51 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 Brisson Boosts Shareholding by 50%

Intelligent Monitoring Group Limited has disclosed a change in director Mark Allen Brisson’s shareholding following an on-market trade. Brisson acquired 100,000 fully paid ordinary shares on 6 March 2026 for about $53,363.52, increasing his direct holding from 200,018 to 300,018 shares.

The transaction, conducted outside a closed period, indicates a sizeable increase in the director’s equity stake and may be read by investors as a vote of confidence in the company’s outlook. No changes were reported in relation to any director interests in contracts, suggesting the update is confined to this equity purchase.

The most recent analyst rating on (AU:IMB) stock is a Hold with a A$0.52 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 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.