Intelligent Monitoring Group Limited (AU:IMB) has released an update.
Intelligent Monitoring Group Limited reports a solid quarter with a $7.4 million operating cash flow and remains on track to meet its $31 million EBITDA annual target. The company has successfully integrated the ADT acquisition, launched new products such as ADT Secure Home Connect, and completed the NZ Securely acquisition, contributing to its strategic focus on commercial market rebuilding, residential service penetration, and business simplification. With a closing cash balance of $9.6 million, IMG is poised for continued growth into FY25.
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