Intelligent Monitoring Group (IMB) Q4 2025 earnings summary

Executive summary

• Net operating cash flow reached $17.0m for Q4 2025, marking the first quarter post-debt refinance and acquisitions.

• Unaudited FY25 EBITDA was $38.6m, with underlying earnings growth of 8.2% year-over-year.

• Cash in bank increased by $11.1m during the quarter, ending at $24.1m.

• Customer base exceeds 210,000 across Australia and New Zealand, with operations in all major cities and 599 full-time employees.

• Business integration and operational improvements position the company for strong FY26 growth.

Financial highlights

• Receipts from customers totaled $58.6m for Q4 and $195.6m for FY25.

• Operating cash flow for Q4 was $17.0m; full-year operating cash flow was $12.1m after non-recurring items.

• Investing cash outflows for Q4 were $4.0m, mainly for NZ 4G upgrade; FY25 investing outflows totaled $34.8m.

• Cash and cash equivalents at period end were $24.1m, with an additional $35m acquisition facility available.

• Unaudited EBITDA for FY25 reached $38.6m, with guidance between $38-40m.

Outlook and guidance

• FY26 guidance to be provided at the AGM in late October; strong growth anticipated based on Q4 run rate and pipeline.

• EBITDA and operating cash flow expected to converge in FY26 as non-recurring costs subside.

• No new funds required; refinanced balance sheet supports ongoing operations and growth.

• Buyback facility to be enacted, offering flexibility for capital deployment.

• Capex expected to fall in FY26 as NZ 3G costs peak and decline.