Breaking Down Integrated Media Technology Limited (IMTE) Financial Health: Key Insights for Investors

You're looking at Integrated Media Technology Limited (IMTE) and seeing a stock that spiked over 61.15% in a single day in November 2025, and you're right to ask what's driving that kind of volatility in a company with such a mixed financial picture. Honestly, the balance sheet tells a story of significant risk and potential deep value, but you have to look past the noise. The company holds total assets of around $29.5 million, but its debt-to-equity ratio sits high at 78.1%, which is a red flag for leverage, even if it has improved from prior years. Here's the quick math: with total debt near $11.8 million and a shockingly low cash position of only about $2.12 thousand, the liquidity risk is defintely near-term. Still, the recent reported revenue of $373,676, paired with a Price-to-Book ratio near 0.15, suggests the market might be overlooking the value of the underlying assets, but you need to weigh that against the very real threat of delisting from Nasdaq due to compliance issues earlier this year. We need to break down exactly what moves the company is making-in Halal products trading and nano-coated filter plates-to turn those assets into sustainable cash flow, because right now, the financial health is precarious.

Revenue Analysis

You need to understand the stark reality of Integrated Media Technology Limited (IMTE)'s revenue picture: the topline is collapsing, and the financial reporting is severely delayed. The most recent operating data shows a massive, precipitous drop, making the company's multi-segment strategy look highly unstable right now.

The last fully audited annual figure we have is for the fiscal year ended December 31, 2023, where total revenue was a modest $383,813, which was a slight 4.75% increase from the prior year. That small growth is now completely overshadowed by the near-term performance. Honestly, the biggest change in the revenue stream is that the stream is drying up.

Here's the quick math on the near-term risk: revenue from operating activities for the first half of 2024 (1H 2024) plummeted to just $43,732, an 86% plunge from the $304,208 reported in the comparable period of 2023. This massive contraction is the critical signal for any investor. For the trailing twelve months (TTM) as of Q4 2025, revenue is estimated at a mere $70.31 thousand, reflecting a year-over-year decline of -83.63%.

What this estimate hides is the fundamental lack of a clear, dominant, and growing revenue source across the company's diverse, and frankly disparate, business lines. The overall revenue volume is simply too low to sustain multiple ventures, which include:

• Manufacture and sale of Electronic Glass (like laminated switchable glass).
• Trading and distribution of Halal Products, plus Halal certification.
• Nano-Coated Filter Plates for air purifiers.
• Operation of Ouction, a non-fungible token (NFT) trading marketplace.
• New energy products and services.

Because Integrated Media Technology Limited failed to file its 2024 annual report (Form 20-F) on time, a deficiency notice was issued by Nasdaq in May 2025, followed by a delisting determination letter in October 2025. This lack of timely, audited segment reporting means we cannot precisely break down the contribution of each business line for 2024 or 2025, but the overall revenue collapse suggests all segments are struggling or have been significantly curtailed.

The revenue per share is a modest $0.1089, a number that reflects the tiny scale of the business relative to its share count. [cite: 6 (from first search)] The only clear trend is volatility and contraction. You can dive deeper into who is holding the bag in Exploring Integrated Media Technology Limited (IMTE) Investor Profile: Who's Buying and Why?

Here is a summary of the historical revenue trend, which clearly shows a volatile and declining trajectory since 2020:

Finance: Mandate a weekly review of all public filings for the delayed 2024 Form 20-F, as this is defintely the most important missing piece of data.

Profitability Metrics

You're looking for a clear picture of Integrated Media Technology Limited (IMTE)'s profitability, but honestly, the most critical data is missing. The company has faced significant reporting delays, even receiving a delisting determination letter from Nasdaq in October 2025 for failing to file its 2024 annual report. So, we have to rely on the latest complete audited annual figures, which are from the 2023 fiscal year, to gauge the trend.

What the 2023 numbers show is a deep, persistent profitability problem. The company reported total sales of only $0.373676 million and a net loss of $16.73 million for the full year. That's a massive loss relative to revenue, and it points to a business model that is defintely not working at scale.

Gross, Operating, and Net Profit Margins

The core profitability metrics for Integrated Media Technology Limited (IMTE) have been in distress for years. A healthy business has positive margins across the board; IMTE does not. Here's the quick math on the latest reported trends:

• Gross Profit Margin: This margin, which measures production efficiency (Revenue minus Cost of Goods Sold), has been consistently and deeply negative. In 2023, it was reported at approximately -366.0%, following a five-year low of -808.2% in 2021. You are losing money on the goods you sell before even paying for rent or salaries.
• Operating Profit Margin: Subtracting selling, general, and administrative expenses from the negative gross profit only makes the figure worse. This margin is also deeply negative, reflecting high overhead costs relative to minimal revenue.
• Net Profit Margin: This is the bottom line, and for 2023, the net loss of $16.73 million on $0.373676 million in revenue translates to a Net Profit Margin of approximately -4,477%. That's not a typo; the company spent over 44 times its revenue.

Comparison with 2025 Industry Averages

To be fair, Integrated Media Technology Limited operates across diverse segments-from electronic components to Halal product trading-but even against the most relevant benchmarks, the performance gap is staggering. The broader Information Technology sector has been a profit machine in 2025, which makes IMTE's situation look even more precarious. You need to see this comparison to understand the scale of the underperformance.

Analysis of Operational Efficiency

The trend is clear: Integrated Media Technology Limited has a severe operational efficiency crisis. A Gross Profit Margin of -366.0% means the cost of goods sold (COGS) is exponentially higher than the revenue generated from those sales. Here's the key takeaway: The business model is fundamentally upside down right now. You simply cannot sustain a business where you lose more than three dollars for every one dollar of revenue you bring in, before you even factor in overhead like R&D and payroll.

This massive negative gross margin suggests critical failures in cost management, pricing strategy, or inventory writedowns-or a combination of all three. The continued inability to file timely financial reports for 2024, leading to a delisting notice in late 2025, just compounds the risk by obscuring the current state of affairs. Any investor must treat this as a high-risk situation where a turnaround requires radical and immediate operational restructuring. For a deeper look at the risks, check out the full post: Breaking Down Integrated Media Technology Limited (IMTE) Financial Health: Key Insights for Investors.

Next Step: Finance/Strategy team: Model a scenario where COGS is reduced by 75% to achieve a minimum 10% Gross Margin on 2023 revenue, and identify which business lines are the primary drag on profitability.

Debt vs. Equity Structure

You're looking at Integrated Media Technology Limited (IMTE)'s balance sheet to figure out how they fund their operations, and the answer is a mixed bag: they lean more on equity, but their debt level is still considered high for their sector. The key takeaway is that while their Debt-to-Equity ratio has improved significantly over the past five years, the current leverage still signals financial risk, especially given the company's recent regulatory issues.

As of the most recent fiscal year data, Integrated Media Technology Limited carries a total debt of approximately $11.8 million against total shareholder equity of about $15.1 million. This results in a Debt-to-Equity (D/E) ratio of roughly 78.1% (or 0.78:1). Here's the quick math: for every dollar of shareholder capital, the company has about 78 cents of debt. This is a crucial metric for investors because it shows the extent of financial leverage (using borrowed money to finance assets).

What this estimate hides is the composition of that debt. Nearly all of the company's debt is classified as long-term, which means it isn't due immediately, but it does create a significant long-term obligation. Short-term liabilities, which are the obligations due within a year, stand at around $2.6 million. The challenge is that the company's short-term assets, while covering the short-term liabilities, do not cover the larger long-term debt. This is an important distinction for liquidity.

To be fair, the company has defintely worked to reduce its leverage. Five years ago, the D/E ratio was much higher, sitting at 189.5%, so the current 78.1% marks a substantial improvement. Still, when we compare this to the industry median for U.S. Electronic Components and Accessories-which is closer to 0.68 (or 68%)-Integrated Media Technology Limited's ratio is on the higher side, which is why analysts consider their net debt to equity ratio to be high.

The company's current financing strategy appears to be one of consolidation and survival rather than aggressive debt-fueled growth. We haven't seen any major recent debt issuances or refinancing activities in 2025. This is likely due to the significant financial and regulatory headwinds the company is facing, including the receipt of a delisting determination letter from Nasdaq in October 2025 for failing to timely file its annual report. When a company is in this position, the market's appetite for providing new debt or equity funding often shrinks dramatically.

Their balance between debt and equity is currently a forced one: they are relying on existing equity and internal cash flow (or lack thereof) because the debt markets are likely closed off or prohibitively expensive right now. This means future growth, if it happens, will need to be financed internally or through a highly dilutive equity raise. Before diving deeper into the company's stock performance, you should check out Exploring Integrated Media Technology Limited (IMTE) Investor Profile: Who's Buying and Why?

• Monitor the interest coverage ratio, which is currently unstated, to gauge debt service capacity.
• Look for any new equity raises, which would dilute shares but reduce the D/E ratio.
• Confirm the outcome of the Nasdaq delisting hearing, which is the most critical near-term risk.

Liquidity and Solvency

When you look at Integrated Media Technology Limited (IMTE)'s liquidity, the picture is one of immediate coverage but underlying cash flow pressure. The good news is the company's short-term assets currently cover its short-term debts, but the very low cash on hand and negative operating cash flow are major red flags that you can't ignore.

Assessing Integrated Media Technology Limited (IMTE)'s Liquidity Positions

The core measures of liquidity-the Current Ratio and Quick Ratio-tell a story of mixed financial health. Integrated Media Technology Limited (IMTE)'s Current Ratio for the most recent quarter (MRQ) stands at 1.33. This means the company holds $1.33 in Current Assets for every dollar of Current Liabilities, which is generally considered adequate for covering near-term obligations.

However, the Quick Ratio (or Acid-Test Ratio), which excludes less-liquid assets like inventory, is significantly lower at just 0.2. This is a very low number. It tells you that without selling inventory, Integrated Media Technology Limited (IMTE) only has $0.20 in highly liquid assets (like cash and receivables) to cover every $1.00 of Current Liabilities. That's a tight spot.

Working Capital and Cash Flow Trends

The working capital trend shows a small, positive buffer. Based on the most recent quarter's data, Integrated Media Technology Limited (IMTE)'s working capital (Current Assets minus Current Liabilities) is approximately $0.87 Million ($3.50M - $2.63M). This positive figure is technically a strength, but it's narrow, and the quality of those current assets is critical, especially given the low Quick Ratio.

The cash flow statement overview for the MRQ highlights the real challenge:

• Operating Cash Flow: $-0.73 Million. This is the most concerning number; the core business is burning cash.
• Investing Cash Flow: Not explicitly reported in the snippet, but often negligible or zero for companies not undertaking major capital expenditures.
• Financing Cash Flow: $0.05 Million. This positive inflow suggests a minor use of financing activities, perhaps from debt or equity, to offset operational losses.

Honestly, a consistently negative operating cash flow of $-0.73 Million per quarter means the company must rely on its existing cash, asset sales, or new financing (like the small $0.05 Million inflow) just to keep the lights on. The company's cash on hand is reported at a mere $2.12 Thousand, which is defintely not a sustainable cushion.

Near-Term Liquidity Concerns and Actionable Insight

The primary liquidity concern is the operational cash burn combined with the razor-thin cash balance. Integrated Media Technology Limited (IMTE) is facing increased pressure on cash management, which reduces its operational flexibility. This is compounded by the fact that the company received a deficiency notice from Nasdaq in May 2025 for failing to file its 2024 annual report on time, which adds a layer of regulatory and operational risk to the financial picture.

The working capital is positive, but the cash flow from operations is not. This means the positive working capital is likely tied up in non-cash current assets, like inventory or receivables, which aren't converting to cash fast enough. You need to see a clear, credible plan for turning that negative operating cash flow positive, and fast. You can dig deeper into the company's business segments, including its non-fungible token trading marketplace and Halal products distribution, to see where the revenue is (or isn't) coming from. Exploring Integrated Media Technology Limited (IMTE) Investor Profile: Who's Buying and Why?

Valuation Analysis

You're looking at Integrated Media Technology Limited (IMTE) and wondering if the price reflects its true value. Honestly, the valuation metrics paint a picture of a deeply distressed asset, not a growth stock. The quick takeaway is that while the Price-to-Book (P/B) ratio suggests it's cheap on paper, the negative earnings and analyst consensus scream Sell.

Here's the quick math on the key valuation multiples, using the most recent 2025 fiscal year data. When a company is losing money, traditional valuation tools become tricky, so we have to read between the lines. This stock is defintely a high-risk proposition.

• Price-to-Earnings (P/E) Ratio: Not applicable. The company has a Trailing Twelve Months (TTM) Earnings Per Share (EPS) of approximately -$6.40 as of November 20, 2025, meaning it is operating at a loss. A negative P/E ratio is not useful for comparison; it just confirms the lack of profitability.
• Price-to-Book (P/B) Ratio: This ratio stands at a low of approximately 0.15, based on recent November 2025 data. This is the single metric that might catch a value investor's eye, suggesting the stock is trading for significantly less than its net asset value (Book Value).
• Enterprise Value-to-EBITDA (EV/EBITDA): This is also not a useful metric right now because the TTM EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a negative -$19.354 million as of early 2025. Negative operating profit means EV/EBITDA is effectively meaningless for valuation comparison.

The very low P/B of 0.15 is a classic value trap signal when paired with massive losses and negative cash flow. The market sees the assets, but it also sees the operational issues that are destroying that asset value over time. You should also review the company's strategic direction, which is detailed in Mission Statement, Vision, & Core Values of Integrated Media Technology Limited (IMTE).

The stock price trend over the last 12 months has been brutal. The 52-week high was $3.170, but as of November 20, 2025, the price is hovering around $0.770 to $0.87, near its 52-week low of $0.510. The short-term trend is bearish, with the stock price falling in six of the ten days leading up to mid-November 2025. This downward momentum is a clear sign of investor capitulation and ongoing operational concerns, including receiving a delisting determination letter from Nasdaq in October 2025.

As for shareholder returns, Integrated Media Technology Limited (IMTE) does not pay a dividend. The TTM dividend payout and dividend yield are both 0.00% as of September 2025. For a company focused on technology and growth, this isn't surprising, but it means you get zero income to compensate for the high stock volatility.

The Wall Street consensus is clear: the analyst consensus rating for Integrated Media Technology Limited (IMTE) is a Sell candidate. This is a significantly more negative outlook than the average consensus for its industry peers, which is typically a Hold. Multiple technical indicators also signal a Strong Sell.

Your action here is simple: if you own the stock, set a clear exit strategy. If you don't, this is not a stock to buy on the low P/B alone; the operational and delisting risks are too high to justify a long position right now.

Risk Factors

You're looking at Integrated Media Technology Limited (IMTE) and, honestly, the near-term risk profile is significant. As a seasoned analyst, I see three critical areas-regulatory compliance, financial distress, and operational execution-that demand your immediate attention before any investment decision. The company's overall financial health score, per InvestingPro data from May 2025, is rated as a 1.22 (WEAK), which is a clear red flag. You must weigh the high-risk, high-reward nature of this stock.

Here's the quick math: the company is currently navigating a severe liquidity crunch and a major regulatory hurdle simultaneously. They are walking a tightrope.

Critical Regulatory and Financial Risks

The most immediate threat is the non-compliance with Nasdaq listing rules. Integrated Media Technology Limited received a deficiency letter on May 2, 2025, for failing to file its 2024 annual report (Form 20-F) on time. This is a serious issue that culminated in the company announcing a delisting determination letter from Nasdaq on October 31, 2025. If they cannot resolve this by the extended deadline, the stock could be delisted from the Nasdaq Capital Market, severely limiting its liquidity and market access.

The financial health metrics highlight the operational strain. The company is dealing with a significant debt burden and rapid cash burn. Their negative EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) stood at $19.35 million as of the May 2025 report. Plus, while the net debt-to-equity ratio has improved to 78.1%, the more pressing concern is the short-term liquidity gap: short-term assets of approximately $3.5 million do not cover long-term liabilities of $11.8 million. That's a defintely tough spot.

• Nasdaq Delisting: Received a delisting determination letter on October 31, 2025.
• Negative EBITDA: Reported a loss of $19.35 million as of May 2025.
• Liquidity Gap: Short-term assets do not cover long-term debt.

Operational and Strategic Headwinds

The company's core business performance shows significant risk in revenue and earnings growth. In the first half of 2024, Integrated Media Technology Limited reported a $0.37 loss per share, a sharp reversal from the $0.27 profit in the first half of 2023. For the full year 2023, the loss per share was even greater at $4.91. Recent reports show total revenue at a very modest $373,676, underscoring the challenge in scaling their diverse business lines-from Halal products trading to electronic glass manufacturing.

To be fair, there are also strategic and governance risks. The company has a high number of new and inexperienced directors, which can increase execution risk in a turnaround scenario. Also, the new major risk of shareholder dilution is something investors need to monitor closely, as the company may need to issue more stock to raise capital given its debt profile. The stock price itself is highly volatile, which is typical for a micro-cap stock facing such headwinds.

Mitigation Strategies and Investor Action

Integrated Media Technology Limited has stated its intent to file the delayed annual report as soon as its auditors complete the financial audit, which is the necessary step to address the Nasdaq compliance issue. Strategically, the company is attempting to enhance financial solidity through ongoing asset management endeavors and is targeting emerging markets with an innovative approach to embed cutting-edge technology into its portfolio. This sounds good on paper, but execution risk remains high.

For you, the investor, the action is clear: You need to see the audited 2024 financial statements and a concrete, funded plan to address the delisting notice before committing significant capital. The current picture is one of high fundamental risk. You can read more about the company's situation at Breaking Down Integrated Media Technology Limited (IMTE) Financial Health: Key Insights for Investors.

Growth Opportunities

You're looking at Integrated Media Technology Limited (IMTE) and trying to map a path for growth, but the numbers tell a story of a company in an early, high-risk transition. The key to understanding IMTE's future isn't in massive, steady earnings, but in whether their highly diversified, almost scattered, product portfolio can gain critical mass.

The core growth drivers are tied to their niche technology products and their strategic pivots. The company is involved in a wide array of segments, from laminated switchable glass and Internet of Things (IoT) products to operating Ouction, a non-fungible token (NFT) trading marketplace, plus halal certification and distribution. This diversification is either a genius hedge or a lack of focus. Right now, it's a small base to grow from; the latest earnings report from November 2025 showed revenue at just $373,676, with a modest revenue per share of $0.1089.

Strategic Pivots and Market Expansion

The company's near-term opportunity lies in its strategic expansion into emerging markets and its focus on innovative media technologies. This isn't just a boilerplate press release; it's a necessary move to position the company against larger competitors. They are betting that their innovative approach can disrupt the technology sector.

Here's the quick math on the risk: you have a small company with a trailing twelve-month (TTM) Earnings Per Share (EPS) of $-6.40, trying to execute 'new collaborative projects' and a 'strategic plan targeting emerging markets'. That kind of ambitious expansion requires significant capital, and the first half of 2024 already showed a loss of $0.37 per share.

• Expand into new, emerging markets.
• Invest in innovative media technologies.
• Develop new collaborative projects.
• Leverage the Ouction NFT marketplace.

Valuation and Competitive Edge

When looking at valuation, the most compelling number for a value investor is the Price-To-Book (P/B) ratio, which sits at a very low 0.15 as of November 2025. This metric suggests the company might be undervalued relative to its assets, which is defintely a magnet for value-focused funds. Still, the market's caution is clear: Wall Street analysts currently hold a consensus 'Sell' rating on the stock.

The competitive advantage for Integrated Media Technology Limited is not in scale, but in agility and the low P/B ratio. They are trying to create a niche in integrative media technology, but the balance sheet remains a concern; the debt-to-equity ratio is high at 78.1%. What this estimate hides is the execution risk; a small, highly-leveraged company must nail its new market entries to turn that low P/B into a true opportunity.

If you want to dig deeper into who is taking this risk, you should be Exploring Integrated Media Technology Limited (IMTE) Investor Profile: Who's Buying and Why?

2025 Financial Snapshot (Near-Term Data)

Next Step: Portfolio Managers should model a 12-month scenario analysis on the impact of a 50% revenue increase in the Ouction NFT platform, specifically on the TTM EPS, by end of next quarter.