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Intelligent Monitoring Group (IMB) investor relations material
Intelligent Monitoring Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Underlying EBITDA for the half was AUD 19.2 million, up 9.7% year-over-year, with a 20% margin and strong organic growth in Australia (+8.3%), offsetting a weak first half in New Zealand.
Revenue rose to $98.0M for the half-year ended 31 Dec 2025, up 21% year-over-year, driven by organic growth and contributions from recent acquisitions.
Net loss after tax narrowed to $2.43M from $9.07M in the prior year period, reflecting improved operational performance and lower finance costs.
Acquisitions of BNP, Western Advance, and pending Tyco New Zealand (Wormald/BlueSky Holdco) are contributing to growth and scale, with Tyco NZ expected to add significant commercial reach.
Business model is defensive, cash-generative, and focused on recurring monitoring and service revenue.
Financial highlights
Revenue for 1H26 was $98.0m, up from $80.8m in 1H25.
Underlying EBITDA: AUD 19.2 million for the half, up 9.7% year-over-year, with margin at 20%.
Profit before abnormal costs and amortization: AUD 10.6 million, up 36% year-over-year.
Reported EBITDA: AUD 14.7 million, with AUD 4.6 million in abnormal costs (acquisition, share-based payments, impairment of receivables).
Net loss after tax narrowed to $2.43M from $9.07M year-over-year.
Outlook and guidance
On track to deliver pro forma EPS greater than AUD 0.062 per share, with Tyco NZ expected to contribute AUD 10 million EBITDA post-settlement.
Full-year underlying EBITDA guidance: AUD 43–47 million, pro forma with Tyco NZ: AUD 53–57 million.
NPAT guidance: AUD 26–29 million, pro forma EPS: AUD 0.062–0.07.
Directors expect continued positive EBITDA and sufficient operating cash flow, with plans to raise additional funds if required.
Expecting organic growth to accelerate, especially as video monitoring (ADT Guard) gains traction.
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