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Imdex Ltd
(Sydney:IMD)
Imdex Ltd (IMD) vs. iShares MSCI Australia ETF (EWA)
Imdex Ltd Business Overview & Revenue Model
Imdex Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 431.39M | 431.39M | 445.28M | 411.40M | 341.84M | 264.38M |
| Gross Profit | 214.96M | 312.44M | 139.67M | 136.89M | 234.54M | 180.84M |
| EBITDA | 122.89M | 129.19M | 113.06M | 99.83M | 100.40M | 76.69M |
| Net Income | 55.19M | 55.19M | 32.40M | 34.99M | 44.71M | 31.67M |
Balance Sheet | ||||||
| Total Assets | 830.15M | 830.15M | 786.14M | 806.14M | 393.61M | 366.11M |
| Cash, Cash Equivalents and Short-Term Investments | 42.51M | 42.51M | 47.13M | 58.13M | 36.37M | 58.48M |
| Total Debt | 100.31M | 100.31M | 127.65M | 161.35M | 46.82M | 50.00M |
| Total Liabilities | 200.79M | 200.79M | 214.87M | 249.94M | 96.38M | 113.06M |
| Stockholders Equity | 629.36M | 629.36M | 571.28M | 556.21M | 297.23M | 253.05M |
Cash Flow | ||||||
| Free Cash Flow | 76.47M | 66.11M | 74.54M | 55.35M | 18.05M | 29.90M |
| Operating Cash Flow | 123.50M | 123.50M | 108.05M | 82.51M | 55.72M | 57.04M |
| Investing Cash Flow | -64.00M | -64.00M | -35.90M | -346.13M | -53.04M | -28.14M |
| Financing Cash Flow | -64.70M | -64.70M | -79.39M | 285.86M | -24.72M | -8.40M |
Imdex Ltd Technical Analysis
Imdex Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | AU$508.14M | 12.12 | 29.67% | 2.75% | -3.08% | -16.35% | |
| ― | $1.82B | 32.93 | 9.03% | 0.72% | -3.12% | 69.50% | |
| ― | AU$590.02M | 17.20 | 50.61% | 6.11% | 12.96% | 8.19% | |
| ― | AU$1.68B | 34.08 | 13.62% | 1.87% | 23.76% | 21.18% | |
| ― | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
| ― | €2.25B | 80.53 | 4.71% | 3.41% | 12.18% | -73.81% |
Imdex Ltd Corporate Events
Imdex Limited announced a change in the director’s interest notice concerning CEO and Managing Director Paul House. The change involves the granting of performance rights, approved by shareholders, as part of the company’s Employee Rights Plan. This move reflects Imdex’s commitment to aligning executive incentives with company performance, potentially impacting its operational strategies and stakeholder interests.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Limited has announced the issuance of 520,795 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize its workforce, potentially impacting its operational efficiency and aligning employee interests with corporate goals.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Limited has announced a change in the director’s interest, specifically regarding performance rights granted to CEO and Managing Director Paul House. The performance rights, valued at $2.705 per share, were approved by shareholders and are part of the company’s Employee Rights Plan. This change reflects the company’s commitment to aligning executive incentives with performance targets, potentially impacting stakeholder confidence and the company’s strategic direction.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Limited announced that all resolutions presented at its 2025 Annual General Meeting were successfully passed by a poll. The resolutions included the re-election of board members and the approval of remuneration and performance rights plans, which are expected to support the company’s strategic objectives and enhance its operational capabilities. This outcome reflects strong shareholder support and positions Imdex to continue its focus on innovation and growth within the mining technology sector.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$3.80 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
IMDEX Limited held its 2025 Annual General Meeting, presenting updates on its operations and strategic direction. The company continues to focus on enhancing its technological offerings in the mining sector, which could strengthen its market position and provide significant benefits to stakeholders by improving operational efficiency and resource extraction processes.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$3.80 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Limited has announced the cessation of 177,129 performance rights due to the lapse of conditional rights that were not met or became incapable of being satisfied. This development may impact the company’s issued capital and could have implications for stakeholders regarding the company’s operational and financial strategies.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$3.80 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Imdex Ltd, following a series of transactions involving the purchase of securities by an entity controlled by Morgan Stanley. This change in substantial holding could impact Imdex’s shareholder structure and influence its market dynamics, potentially affecting investor sentiment and company operations.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.55 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Limited has released its Sustainability Report for the fiscal year ending June 30, 2025. This report underscores the company’s commitment to sustainable practices within the mining technology sector, highlighting its efforts to improve operational efficiency and environmental responsibility. The announcement reinforces IMDEX’s position as a key player in the mining industry, with implications for stakeholders regarding its ongoing dedication to sustainability and innovation.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.55 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Ltd has announced that First Sentier Investors has ceased to be a substantial holder in the company as of September 22, 2025. This change in substantial holding could potentially impact Imdex Ltd’s shareholder structure and influence its market positioning, as substantial holders often play a significant role in corporate governance and strategic decision-making.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.55 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Limited has announced its 2025 Annual General Meeting, scheduled for October 16, 2025. The meeting will provide shareholders with updates and decisions pertinent to the company’s operations and strategies. This announcement is part of IMDEX’s ongoing efforts to engage with its stakeholders and maintain transparency regarding its corporate governance and future plans.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Limited has announced a change in the director’s interest, with CEO and Managing Director Paul House receiving 252,477 ordinary shares as part of the company’s Employee Rights Plan. This issuance is part of the long-term incentive scheme, indicating a strategic move to align executive interests with company performance, potentially impacting stakeholder confidence and executive motivation.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Ltd announced the issuance of 2,033,503 ordinary fully paid securities as of September 1, 2025. This move is part of the company’s strategy to manage its equity securities, potentially impacting its market position and offering implications for stakeholders regarding its operational and financial strategies.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Ltd has successfully completed the acquisition of 80.5% of Earth Science Analytics AS, a move aimed at accelerating its digital growth. This strategic acquisition is expected to enhance Imdex’s capabilities in the mining technology sector, potentially strengthening its market position and offering significant benefits to its stakeholders.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.45 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
IMDEX Ltd reported its FY25 financial results, highlighting a revenue of $431 million, with a 19% increase in Q4 compared to Q3, despite challenges like rising costs and geopolitical uncertainty. The company maintained a strong normalised EBITDA margin above 29% and achieved a significant reduction in net debt by 63%, closing the year with a net debt balance of $13 million. These results underscore IMDEX’s operational resilience and financial discipline, allowing for continued growth and strategic acquisitions.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.15 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
IMDEX Ltd is a leading global mining-technology company that provides integrated solutions for drilling optimization, rock knowledge sensors, and real-time data analytics across the mining value chain. In its FY25 earnings report, IMDEX reported a 3.1% decrease in revenue to AUD 431.4 million, while net profit after tax surged by 70.3% to AUD 55.2 million, reflecting strong operational performance and strategic focus. Key financial metrics included a normalized EBITDA of AUD 126.4 million, maintaining a margin of 29.3%, and a significant reduction in net debt by AUD 22 million. The company also declared a total dividend of 2.5 cents per share. IMDEX’s strategic initiatives included the integration of Devico and the acquisition of Datarock and Krux, aiming to enhance its digital and technological capabilities. Looking forward, IMDEX is focused on expanding its market presence, improving margins through next-generation technologies, and driving digital growth, positioning itself for sustained growth in the mining technology sector.
Imdex Ltd has announced a new dividend distribution of AUD 0.0103 per fully paid ordinary share, with the ex-date set for September 24, 2025, and payment scheduled for October 9, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders and may positively impact its market positioning by demonstrating financial stability and shareholder focus.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.15 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Ltd has released its Appendix 4G and Corporate Governance Statement for the financial year ending 30 June 2025. This announcement underscores the company’s adherence to the ASX Corporate Governance Council’s principles, reflecting its commitment to transparency and accountability in its operations. The release of these documents is significant for stakeholders as it provides insights into Imdex’s governance practices and compliance with industry standards.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.15 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Limited reported a 3.1% decrease in revenue for the financial year ending June 30, 2025, totaling $431.4 million. Despite the drop in revenue, the company achieved a significant 70.3% increase in net profit attributable to members, reaching $55.2 million. This improvement in profitability is reflected in the increased earnings per share and net tangible assets per security. The company also announced a total dividend distribution of 3.83 cents per security for the year, indicating a commitment to returning value to shareholders.
The most recent analyst rating on (AU:IMD) stock is a Hold with a A$3.15 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Imdex Limited as of August 19, 2025. The change in substantial holding was due to the purchase and sale of securities by an entity controlled by Morgan Stanley, which affected the voting securities of Imdex Limited. This shift in holdings could impact Imdex’s market dynamics and stakeholder interests, as it reflects a significant change in the ownership structure.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Ltd has announced that it has ceased to be a substantial holder in a company, as indicated by a notice dated 14/08/2025. This change in substantial holding reflects a shift in the company’s investment strategy, which may impact its market positioning and influence its relationships with stakeholders.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
IMDEX Limited presented at the Canaccord Genuity 45th Annual Growth Conference in Boston, highlighting its role as a key player in the mining technology sector. The presentation by MD & CEO Paul House emphasized the company’s innovative solutions that enhance efficiency and data accuracy in mineral resource extraction, reinforcing its strong position in the global market.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Morgan Stanley and its subsidiaries have ceased to be a substantial holder in Imdex Ltd as of August 1, 2025. The change in their holding status was due to various transactions involving the buying and selling of ordinary shares, which were executed on July 23, 2025. This development may impact Imdex Ltd’s shareholder structure and could influence market perceptions regarding the company’s stock.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
IMDEX Limited has acquired Earth Science Analytics (ESA), a Norwegian company known for its AI-driven geoscience platform EarthNET, to expand its digital capabilities. This acquisition is expected to enhance IMDEX’s AI-enabled geoscience solutions, accelerate its digital strategy, and strengthen its market position in the energy and mining sectors by integrating ESA’s advanced technology with IMDEX’s existing offerings.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Ltd has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of July 23, 2025. This change in substantial holding may impact the company’s shareholder structure and influence its market positioning, potentially affecting the interests of stakeholders involved.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Imdex Ltd has announced that Morgan Stanley and its subsidiaries have ceased to be substantial holders in the company as of July 21, 2025. This change in holdings, involving both purchases and sales of ordinary shares by Morgan Stanley Australia Securities Limited, may impact the company’s shareholder structure and influence its market position.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.
Morgan Stanley and its subsidiaries have become substantial holders in Imdex Ltd, acquiring a 5.02% voting power with 25,682,080 ordinary shares. This acquisition highlights Morgan Stanley’s strategic interest in Imdex, potentially influencing the company’s market dynamics and stakeholder interests.
The most recent analyst rating on (AU:IMD) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Imdex Ltd stock, see the AU:IMD Stock Forecast page.