Added to YB: 2026-04-03
Pitch date: 2026-04-01
IMB.AX [neutral]
Intelligent Monitoring Group Limited
-2.06%
current return
Author Info
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Company Info
Intelligent Monitoring Group Limited provides security, monitoring, and risk management services for businesses, homes, and individuals in Australia and New Zealand.
Market Cap
AUD 199.7M
Pitch Price
AUD 0.48
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.46
P/E
-11.56
EV/Sales
1.37
Sector
Commercial Services and Supplies
Category
turnaround
Portfolioupdate Q1 - 2026 - $IMB.AX Intelligent Monitoring Group
IMB.AX (trimmed position): Sold 1/3 after realizing legacy alarm monitoring has 'bad business' element mgmt didn't frame clearly - customers fading to DIY cameras or Video Guarding. Accelerated churn risk as people move homes. Commercial side is larger story w/ 12-mo pipeline converting to recurring rev, but residential drag on narrative. No longer fits catalyst or low-stress compounder category.
Read full article (2 min)