Intelligent Monitoring Group (IMB) AGM 2025 Presentation summary

FY25 performance highlights

• Reported FY25 Group EBITDA reached $38.4m, with underlying operating cash flow of $31.1m before refinancing and acquisition costs.

• Unaudited underlying earnings grew by 8.2% for FY25.

• Acquisitions of DVL & Kobe contributed positively to the commercial security segment.

• Installation and new customer revenue pipeline expanded to $36.6m by period end, up from $0m at ADT acquisition.

• Launched ADT Guard, an AI-driven perimeter security solution with direct police response.

Post-period developments and pipeline

• Deliverable pipeline increased by 24% in early FY26, reaching $45.5m.

• Acquired Western Advance for $4.5m, enhancing expertise in the Oil & Gas sector and WA operations.

• Acquired BNP Securities to support scaling of ADT Guard in commercial and enterprise markets.

• Reviewing ADT Care NZ business as 3G rollout concludes, with updates expected by year-end.

FY26 outlook and guidance

• FY26 underlying EBITDA is forecast between $43-47m, representing 12-24% growth over FY25.

• Growth depends on pipeline delivery timing, reinvestment decisions for ADT Guard, and outcomes of the NZ Medical business review.