IME 14.1% 36.5¢ imexhs limited

No need to raise capital as per the conference call. You have to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,328 Posts.
    lightbulb Created with Sketch. 190
    No need to raise capital as per the conference call. You have to look at adjusted cashflow as $3.9m were one offs due to the acquisition of the business. Current EBITDA is only -$140k a year. They are on the cusp of making a profit. Last quarterly talked about cash burn less than $100k and close to being profitable..

    They have invested some cash on hardware, but that will show in cashflow not EBIT.


    3E2AF8DF-2B95-411F-BF1C-E6D1680DBAE4.jpeg
 
watchlist Created with Sketch. Add IME (ASX) to my watchlist
(20min delay)
Last
36.5¢
Change
0.045(14.1%)
Mkt cap ! $21.89M
Open High Low Value Volume
36.5¢ 36.5¢ 36.5¢ $7.3K 20K

Buyers (Bids)

No. Vol. Price($)
1 1484 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 17167 1
View Market Depth
Last trade - 14.07pm 02/12/2024 (20 minute delay) ?
IME (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.