お知らせ • May 05
Integrated Media Technology Limited, Annual General Meeting, May 29, 2026 Integrated Media Technology Limited, Annual General Meeting, May 29, 2026. Location: suite 3 level 3, 89 pirie street, sa 5000, adelaide Australia Board Change • Mar 12
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Byron Tan is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. お知らせ • Jan 28
Integrated Media Technology Ltd Appoints Ms. Jannu Binti Babjan as Independent Non-Executive Director, Effective January 26, 2026 Integrated Media Technology Ltd. appointed Ms. Jannu Binti Babjan, aged 59, as an independent non-executive member of the Board effective January 26, 2026. Ms. Babjan is an Advocate & Solicitor practicing in Malaysia operating her own proprietary business for the past 10 years. She has over 33 years of experience in civil litigations in a wide range of areas including commercial disputes, employment and industrial matters, shareholder disputes, etc. Ms. Babjan has acted for clients in all tiers of the Malaysian Legal System from the magistrate courts right up to the Federal Court of Malaysia. Ms. Babjan graduated from the University of Malaya - LLB (Hons) Malaya. お知らせ • Jan 09
IMTE Announces Receipt of Additional Delisting Determination Letter from Nasdaq IntegratedMedia Technology Limited announced that it has received an additional delisting determination letter (the "Additional Determination Letter") from the Listing Qualifications Staff (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") as it has not filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter ("Interim Report"), it no longer complies with Nasdaq Listing Rules (the "Rules") for continued listing. Accordingly, this matter serves as an additional basis for delisting the Company's securities from The Nasdaq Stock Market. As disclosed previously and discussed in detail below, the Company has also failed to timely file its Form 20F for the year ended December 31, 2024. The Listing Rule requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC"). As previously disclosed, on October 30, 2025, the Company received a delisting determination letter from the Staff of the Nasdaq indicating that, unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the "Panel"), the Company's common stock would be subject to suspension and delisting from the Nasdaq Capital Market at the opening of business on November 10, 2025 due to the Company's non-compliance with Nasdaq's filing requirements set forth in Listing Rule 5250(c)(1) (the "Listing Rule") for its failure to timely file its Form 20F for the year ended December 31, 2024. The Company requested the Hearing which was held on December 2, 2025 and on December 10, 2025 the Company received a letter from Nasdaq that the Panel has granted an extended stay to January 30, 2026 to demonstrate compliance with the Periodic Filing rule. The Staff has sent a formal notification to the Panel to consider this matter (additional delisting determination on the Company's failure to file the Interim Report on a timely manner) in their decision regarding the Company's continued listing on The Nasdaq Capital Market. The Company intends to present its views with respect to this additional deficiency to the Panel in writing no later than January 9, 2026. New Risk • Dec 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (US$2.06m market cap). New Risk • Sep 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (US$123k revenue). Market cap is less than US$10m (US$3.07m market cap). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). お知らせ • Aug 22
Integrated Media Technology Limited Provides Update on Proceedings Integrated Media Technology Limited announced the Company's Management Was Notified That That the Australian Securities and Investments Commission ("Asic") Had Commenced Proceedings in the Magistrates Court in Adelaide, South Australia, for Failing to Lodge Annual Reports and Interim Reports for the Years 2021, 2022, 2023, and 2024 with Asic. the Company Understands It Was Convicted Following an Ex Parte Hearing (A Hearing Which the Company Did Not Attend). the Maximum Penalty Is AUD 2,652,000 or Approximately $1,726,000. At This Time, the Company Cannot Quantify the Amount of the Penalty. the Company Has Retained Legal Counsel in Relation to the Matter and Will Provide Further Updates Once More Information Comes to Hand. New Risk • Jul 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (US$123k revenue). Market cap is less than US$10m (US$3.95m market cap). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Board Change • Jul 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Director Byron Tan is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. お知らせ • Jun 20
Integrated Media Technology Limited Appoints Uwe Henke Von PARPART as an Independent Non-Executive Member of the Board Effective as of June 18, 2025 Effective as of June 18, 2025, the board of directors of Integrated Media Technology Limited (the "Company") appointed Mr. Uwe Henke Von PARPART ("Mr. Parpart"), aged 84, as an independent non-executive member of the Board. Mr. Parpart, aged 84, is currently the Chairman and Publisher of Asia Times Holding Limited, a Hong Kong based English language news media publishing group, covering politics, economics, business and culture from an Asian perspective. Previously, Mr. Parpart was the Executive Managing Director, Chief Strategist, and Head - Research of Reorient Group Limited, a company listed on the Hong Kong Stock Exchange Limited. Mr. Parpart brings over three decades of experience in finance, journalism, and academia to their Company. Before Reorient, he was the Chief Economist and Strategist at Cantor Fitzgerald HK Capital Markets and prior to that a senior currency strategist at Bank of America. Mr. Parpart's experience in Asia dates back to the late 1980s, when he worked with the Mitsubishi Research Institute in Tokyo, and later served as an advisor to the Thailand's Prime Minister's office. He has contributed to numerous magazines and publications; he was the founding editor of Asia Times from 1995 - 1997, a contributing editor of Forbes magazine, and a columnist for Shinchosha Foresight magazine, Tokyo. He was a frequent guest on CNBC and Bloomberg TV. Mr. Parpart was an independent director of the Company from December 2019 to August 2021. After serving as an officer in the German Navy, Mr. Parpart received a Fulbright scholarship for doctoral studies in Mathematics and Philosophy at the University of Pennsylvania. He had also taught at University of Pennsylvania and Swarthmore College. お知らせ • Apr 04
Integrated Media Technology Limited, Annual General Meeting, Apr 29, 2025 Integrated Media Technology Limited, Annual General Meeting, Apr 29, 2025. Location: suite 3 level 3, 89 pirie street, sa 5000, adelaide Australia New Risk • Mar 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (US$123k revenue). Market cap is less than US$10m (US$3.23m market cap). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). お知らせ • Jan 07
Integrated Media Technology Limited Appoints Con Unerkov as Interim CFO On January 2, 2025, the Board of the Integrated Media Technology Limited appointed current Director Mr. Con Unerkov ("Mr. Unerkov") as interim CFO of the Company, effective immediately. Reported Earnings • Jan 03
First half 2024 earnings released: US$0.37 loss per share (vs US$0.27 profit in 1H 2023) First half 2024 results: US$0.37 loss per share (down from US$0.27 profit in 1H 2023). Net loss: US$1.27m (down 324% from profit in 1H 2023). New Risk • Dec 31
New major risk - Revenue and earnings growth Earnings have declined by 6.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 6.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (US$4.39m market cap). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Oct 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 66% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m (US$384k revenue). Market cap is less than US$10m (US$4.22m market cap). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Oct 24
Full year 2023 earnings released: US$4.91 loss per share (vs US$4.86 loss in FY 2022) Full year 2023 results: US$4.91 loss per share (further deteriorated from US$4.86 loss in FY 2022). Net loss: US$16.7m (loss widened 68% from FY 2022). Board Change • Aug 01
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Hazran Mohamed is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. お知らせ • May 23
Integrated Media Technology Announces Receipt of Deficiency Letter from Nasdaq Due to Non-Compliance with the Nasdaq Listing Rule 5250(c)(1) Integrated Media Technology Limited announced that it has received notification letter dated May 17, 2024 (the ‘Deficiency Letter’) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the ‘Nasdaq’) notifying that the Company is no longer in compliance with the Nasdaq Listing Rule 5250(c)(1) for continued listing due to its failure to timely file its annual report on Form 20-F for the year ended December 31, 2023 (the ‘Annual Report’) with the U.S. Securities and Exchange Commission. Under the Nasdaq Listing Rule 5810(c)(2)(F)(i), the Company has until July 16, 2024 (that is, 60 calendar days from the date of the Deficiency Letter) to submit to Nasdaq a plan (the ‘Compliance Plan’) to regain compliance with the Nasdaq Listing Rules. The Company intends to submit the Compliance Plan as soon as practicable. Under the Nasdaq Listing Rule 5810(c)(2)(F)(ii), if Nasdaq accepts the Compliance Plan, Nasdaq can grant the Company an exception until November 11, 2024 (that is, up to 180 calendar days from the extended due date of the Annual Report) to regain compliance. The Company's independent registered public accounting firm will require additional time to conduct an audit of the Company's financial statements for the year ended December 31, 2023. The Company intends to file the Annual Report as soon as practicable. The Deficiency Letter has no immediate impact on the listing of the Company's ordinary shares on the Nasdaq Capital Market. This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency. お知らせ • May 03
Integrated Media Technology Limited announced delayed 20-F filing On 05/01/2024, Integrated Media Technology Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. New Risk • Apr 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (US$4.02m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (36% increase in shares outstanding). お知らせ • Nov 29
Integrated Media Technology Limited Announces Executive Changes On November 23, 2023, Integrated Media Technology Limited appointed Mr. John Ki Park with effect from November 27, 2023 as Co- Chief Executive Officer of the Company with responsibility for the smartglass operation. Mr. Park is currently Director and Chief Executive Officer of Nextglass Technologies Corp., a company in the electronic film business and a supplier of such film products to smartglass manufacturing operation. Prior to joining Nextglass in 2016, Mr. Park also served as the CEO of BBV Vietnam S.E.A. Acquisition Corporation ("BBV") a special purpose acquisition vehicle listed on Nasdaq. Prior to joining BBV, Mr. Park served in various executive management positions including CEO of Innovay Inc. an affiliate of Migami and vice president of Mira Life Group, a cosmetic company at which he raised capital for their market launch and distribution in Asia. Mr. Park received both his B.S. degree and an M.B.A. degree from Brigham Young University. With the appointment of Mr. Park as the CEO of the smartglass business, Mr. Megat Radzman will be re-designated as the CEO of the other business in the Gorup including Halal, NFT, energy and nano-filter businesses. New Risk • Nov 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m (AU$530k revenue, or US$338k). Market cap is less than US$10m (US$6.24m market cap). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (40% increase in shares outstanding). New Risk • Oct 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m (AU$530k revenue, or US$336k). Market cap is less than US$10m (US$5.11m market cap). Minor Risk Shareholders have been diluted in the past year (40% increase in shares outstanding). お知らせ • Oct 26
Integrated Media Technology Limited announced that it expects to receive $15 million in funding from NextGlass Technologies Corporation Integrated Media Technology Limited entered into Convertible Note Purchase Agreement with Nextglass Solutions Inc to raise gross proceeds of $15,000,000. The notes are non-interest bearing and maturing in two years from the date of the Note.The notes are convertible into ordinary shares of the Company at a conversion price of $1.42 per share over the term of the Note. The conversion price is subject to downward adjustment and has a floor price of $1.00 if the Company sells ordinary shares below the conversion price within 12 months from the date of the Note. The closing of the offering is expected to occur on October 31, 2023. Board Change • Aug 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Hui Zhong is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. お知らせ • Jul 25
Integrated Media Technology Limited entered into a conditional sale and purchase agreement to acquire Admiral Energy Corporation Pty Ltd. for $0.75 million. Integrated Media Technology Limited entered into a conditional sale and purchase agreement to acquire Admiral Energy Corporation Pty Ltd. for $0.75 million on July 21, 2023. New Risk • Jul 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$35m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue is less than US$1m (AU$530k revenue, or US$359k). Market cap is less than US$10m (US$5.57m market cap). Minor Risk Shareholders have been diluted in the past year (40% increase in shares outstanding). お知らせ • Jul 06
Integrated Media Technology Limited Announces Board Changes The board of directors of Integrated Media Technology Limited received the letter of resignation from Ms. Dan Li, as a director of the Company, with effect on July 4, 2023. Ms. Li’s resignation was not as a result of any disagreement with the Company relating to its operations, policies or practices. Effective as of July 4, 2023, the Board of Integrated Media Technology Limited appointed Mr. Hazran Mohamed (“Mr. Mohamed”), aged 52, as an independent director as well as a member of the Audit Committee of the Nomination and Remuneration Committee. Mr. Mohamed meets the Nasdaq Stock Market independence requirements as well as additional independence requirements under U.S. securities laws for membership on the Audit Committee. Mr. Mohamed has over 15 years of experience as journalist working as news editor for television. Currently he is an independent journalist in Malaysia. From 2020 to 2022, he was the Press Secretary to Minister of Ministry of Rural Development, a government linked entity in the business of rural development in line with the Malaysian government’s initiative in addressing poverty, improving the quality of life and well-being of the rural community. Prior to joining the KPLB, Mr. Mohamed has worked in senior positions as a Special Officer to Chairman of Tenaga National Berhad, the national electricity company of Malaysia. From 2016 to 2018 he served as the Head of Corporate Communication for Ministry of Education Mr. Mohamed received a Bachelor of Social Science & Malay Literature from University of Malaya. Effective as of July 4, 2023, the Board of Integrated Media Technology Limited appointed Mr. Muhammad Zubairy bin Husain (“Mr. Husain”), aged 52, as an independent director as well as a member of the Audit Committee of the Nomination and Remuneration Committee. Mr. Husain meets the Nasdaq Stock Market independence requirements as well as additional independence requirements under U.S. securities laws for membership on the Audit Committee. Mr. Husain was trained at the Chamber of Dato’ Doctor Ratnam Kamala Nathan. He was called to the Malaysian Bar as an Advocate & Solicitor in 1996. He practiced civil litigation between 1996 and 2000, specializing in medical negligence and accident cases. He then went on to establish his own law firm, Hasif Zubairy & Associates, in 1997 which focused on 5-star hotel line consultation jobs. He ventured into the IT business in 2002 with ITer Niaga Sdn Bhd, which focused on hardware supply and maintenance. He further ventured into the security business providing maritime security services to various business verticals, mainly the oil and gas sector. He was also involved in nation-building activities and received the Bintang Kebaktian Masyarakat (BKM) medal and the Panglima Mahkota Wilayah (PMW) title for his fundraising activities for orphans and single mothers. He is skilled in organization and management, strategic planning, communication, and negotiation. Mr. Husain received a Bachelor of Laws (Hons.) from National University of Malaysia in 1995. New Risk • Jun 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.39m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$35m free cash flow). Revenue is less than US$1m (AU$530k revenue, or US$364k). Market cap is less than US$10m (US$9.39m market cap). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (40% increase in shares outstanding). お知らせ • May 06
IMTE Announces 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Requirement As previously disclosed on a Form 6-K filed on November 3, 2022, on November 2, 2022, Integrated Media Technology Limited received a notification letter (the "Notification Letter") from the Listings Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") regarding a failure to meet Nasdaq's minimum bid price requirements. The Notification Letter informed the Company that the minimum closing bid price per share for its common stock was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). In accordance with its Listing Rules, the Company has a compliance period of 180 calendar days, or until May 1, 2023, to regain compliance with Nasdaq's minimum bid price requirement. On May 2, 2023, the Company received a letter from Nasdaq notifying the Company that, while the Company has not regained compliance with the Minimum Bid Price Requirement, Nasdaq has determined that the Company is eligible for an additional 180 calendar day period, or until October 30, 2023, (the "Second Compliance Period") to regain compliance. Nasdaq's determination was based on (i) the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and (ii) the Company's written notice to Nasdaq of its intention to cure the deficiency during the Second Compliance Period by effecting a reverse stock split, if necessary. If at any time during the Second Compliance Period, the closing bid price of the Company's common stock is at least $1 per share for a minimum of 10 consecutive business days, Nasdaq will provide the Company with written confirmation of compliance. If compliance with the Minimum Bid Price Requirement cannot be demonstrated by October 30, 2023, Nasdaq will provide written notification that the Company's common stock will be delisted. At that time, the Company may appeal Nasdaq's determination to a Hearings Panel. Accordingly, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or maintain its listing on The Nasdaq Capital Market. Reported Earnings • May 01
Full year 2022 earnings released: AU$0.77 loss per share (vs AU$0.70 loss in FY 2021) Full year 2022 results: AU$0.77 loss per share (further deteriorated from AU$0.70 loss in FY 2021). Net loss: AU$12.6m (loss widened 119% from FY 2021). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Executive Chairman & CEO Xiaodong Zhang is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. お知らせ • Nov 11
Integrated Media Technology Limited Announces Resignation of Heming Cui as a Director, Chairman of the Audit Committee and a Member of the Nomination and Remuneration Committee The board of directors of Integrated Media Technology Limited received a resignation letter from Dr. Heming CUI, an independent non-executive director of the Company, with effect on November 9, 2022. Dr. Cui resigned as a director of the Company and ceased to be a Chairman of the Audit Committee and a member of the Nomination and Remuneration Committee. Mr. Zhongqing YANG will be replacing Dr. Cui as a Chairman of the Audit Committee with effect from November 9, 2022. お知らせ • Nov 04
Integrated Media Technology Receives Nasdaq Notice Regarding Minimum Bid Requirements Integrated Media Technology Limited ("IMTE" or the "Company"), announced that on November 2, 2022, the Company received a notification letter (the "Notification Letter") from the Listings Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") regarding a failure to meet Nasdaq's minimum bid price requirements. The Notification Letter informed the Company that the minimum closing bid price per share for its common stock was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set in Nasdaq Listing Rule 5550(a)(2). The Notification Letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until May 1, 2023 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common stock is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. The Notification Letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until May 1, 2023 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common stock is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance by May 1,2023, the Company may be eligible for an additional 180 calendar day period to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. If the Company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to the expiration of the second compliance period. お知らせ • May 07
Integrated Media Technology Limited, Annual General Meeting, May 31, 2022 Integrated Media Technology Limited, Annual General Meeting, May 31, 2022, at 10:30 AUS Central Standard Time. Location: Level 7, 420 King William St Adelaide Australia Agenda: To consider appointment of director: Xiaodong ZHANG; to consider appointment of director: Jing ZHUO; to consider appointment of director: Hui ZHONG; to consider appointment of director: Dan LI; to consider appointment of director: Zhongqing YANG; to consider approval of employee share option plan;. Reported Earnings • May 01
Full year 2021 earnings released: AU$0.70 loss per share (vs AU$2.33 loss in FY 2020) Full year 2021 results: AU$0.70 loss per share (up from AU$2.33 loss in FY 2020). Net loss: AU$5.77m (loss narrowed 43% from FY 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director Heming Cui is the most experienced director on the board, commencing their role in 2020. Independent Director Dan Li was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. お知らせ • Jan 05
An unknown buyer agreed to acquire Lamination Glass operation in China from Integrated Media Technology Limited (NasdaqCM:IMTE). An unknown buyer agreed to acquire Lamination Glass operation in China from Integrated Media Technology Limited (NasdaqCM:IMTE) on January 4, 2022. The execution of the reorganization plan will comply with applicable requirements under the laws, and will be subject to obtaining required regulatory approvals and any shareholders approval required. IMTE expects to implement the reorganization during 2022. お知らせ • Dec 28
Greifenberg Digital Limited a member of the Integrated Media Technology Limited Launches Credit Ai, an Innovative Ai/Big Data Suite of Corporate Bond Analytics Focused on the Chinese Market Greifenberg Digital Limited, a member of the Integrated Media Technology Limited Group, launched Credit AI, a suite of risk analytics for corporate bonds with an initial coverage universe of nearly 30,000 Chinese local-currency corporate bonds. The analytics are delivered via Internet on an interactive website. The new system includes an innovative financial scoring model, a machine-learning algorithm that detects default risk in corporate financial reporting, an Artificial Intelligence model to assess the probability of misstatements in corporate balance sheets and income statements, and a Contingent Claims Analysis model that derives default risk from real-time equity and option market data. In addition, Greifenberg uses Natural Language Processing, a form of Artificial Intelligence analysis of news and social media to gauge changes in sentiment about corporate bond issuers. The NLP system presently covers the whole spectrum of Chinese-language public sources, and will be available to website users by January 1. Greifenberg also offers matrix pricing of infrequently-traded bonds. This methodology allows investors to identify profit opportunities in the less liquid part of the Chinese corporate bond universe. Greifenberg's proprietary matrix pricing model identifies reference bonds from the liquid universe and estimates the fair value of illiquid bonds by comparing the risk characteristics of illiquid bonds to the characteristics of comparable liquid instruments. The matrix pricing system provides a reference point for relative value for a large part of China's onshore bond universe. In addition, Credit AI provides a portfolio management system that calculates Value at Risk and expected loss from default for corporate bond portfolios. The portfolio module translates the risk measurements of each bond into a default probability and uses the correlation of bond performance to calculate risk at the portfolio level. The Greifenberg website is now available to institutional investors. Along with the inauguration of the analytics website, Greifenberg released a White Paper detailing the performance of the analytics suite during the Chinese property bond crisis of August-October 2021. "To a great extent, the shakeout in China's corporate bond market was predictable. Reported Earnings • Oct 04
First half 2021 earnings released: AU$0.88 loss per share (vs AU$1.32 loss in 1H 2020) First half 2021 results: Net loss: AU$6.68m (loss widened 44% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Executive Departure • Aug 28
Executive Director Uwe Henke von Parpart has left the company On the 24th of August, Uwe Henke von Parpart's tenure as Executive Director ended after 1.7 years in the role. We don't have any record of a personal shareholding under Uwe Henke's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.46 years, which is considered inexperienced in the Simply Wall St Risk Model. お知らせ • May 02
Integrated Media Technology Limited announced delayed 20-F filing On 04/30/2021, Integrated Media Technology Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. お知らせ • Mar 10
IMT Software Expands SoDA Capabilities Integrated Media Technologies Inc. announced that it has added agent technology with multi-cloud support to SoDA, its enterprise software application and intelligent data management system. The latest SoDA software with agent technology and multi-cloud capabilities provides customers with orchestrated data movement across multiple sites and to public clouds while offering decision-guiding cost and time insights. It is enabled by UDP acceleration and is ideal for enterprises, unstructured data environments and hybrid cloud business needs. SoDA software automates and simplifies business operations, workflows and hybrid cloud data management, enabling customers to predict the cost and speed of unstructured data movements between on-prem and multi-cloud solutions. SoDA’s innovative planning and management features deliver unprecedented agent multi-cloud simplicity, insight and control, enabling users to manage the operating costs of their storage and cloud services most efficiently. Key SoDA benefits include: Simplicity. Install and configure in minutes. Intelligence. Understand the value of your data and store it on the right on-prem or cloud storage. Unlimited Data Movement. On-prem, hybrid or cloud movement. Insight. Understand the true cloud costs of your data movement before committing. お知らせ • Feb 23
Integrated Media Technology Limited announced that it expects to receive $2.5 million in funding from Mercer Street Capital Partners, LLC Integrated Media Technology Limited (NasdaqCM:IMTE) announced that it has entered into a securities purchase agreement for a private placement of 625,000 ordinary shares at a price of $4 per share for gross proceeds of $2,500,000 on February 22, 2021. The transaction will include participation from an accredited investor Mercer Street Global Opportunity Fund, LLC, a fund managed by Mercer Street Capital Partners, LLC. The company will receive net cash proceeds of approximately $2,460,000 after deducting estimated expenses in connection with the transaction. Is New 90 Day High Low • Feb 18
New 90-day high: US$6.12 The company is up 39% from its price of US$4.39 on 19 November 2020. The American market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 19% over the same period. お知らせ • Feb 02
Integrated Media Technology Limited (NasdaqCM:IMTE) entered into a conditional sale and purchase agreement to acquire 70% stake in Shenzhen Koala Wisdom Fire Engineering Co., Ltd. Integrated Media Technology Limited (NasdaqCM:IMTE) entered into a conditional sale and purchase agreement to acquire 70% stake in Shenzhen Koala Wisdom Fire Engineering Co., Ltd on January 28, 2021. As per terms of transaction, Integrated Media Technology Limited will pay initial consideration of $40,000 by issuing 10,000 shares and deferred consideration by issuing the shares based on the profit. Profits is defined as the profits before taxation of Shenzhen Koala for the period from the completion date to December 31, 2021. Is New 90 Day High Low • Jan 30
New 90-day high: US$5.11 The company is up 34% from its price of US$3.81 on 30 October 2020. The American market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 24% over the same period. お知らせ • Jan 24
Integrated Media Technology Limited Announces Board Changes Integrated Media Technology Limited announced on January 19, 2021 changes to its Board with the appointment of Mr. Luis Puyat to its Board of Directors and the change of status of Mr. Uwe Parpart from Independent non-Executive Director to Executive Director. With effect from January 15, 2021, Mr. Puyat will serve as an Independent non-Executive Director and a member of the Board's Audit Committee and Remuneration Committee. The size of IMTE's Board was increased from five to six members with Mr. Puyat's appointment. Mr. Puyat is currently the Chief Executive Officer of VGP Investments Inc. Mr. Puyat is also the Executive Director of privately funded First Sovereign Asset Management Inc. On the same date, Mr. Uwe Parpart's status was changed from Independent non-Executive Director to Executive Director. Mr. Parpart also resigned from the Audit Committee. お知らせ • Jan 20
Integrated Media Technology Limited Appoints Luis Puyat Integrated Media Technology Limited announced that Effective as of January 15, 2021, the Board appointed Mr. Luis Puyat ("Mr. Puyat") as the independent member of the Board as well as member of Audit, Compensation and Nominating Committees. Mr. Puyat meets the Nasdaq Stock Market independence requirements as well as additional independence requirements under U.S. securities laws for membership on the Audit Committee. On the same date company current director Mr. Uwe Parpart's status was changed from Independent non-Executive Director to Executive Director. Mr. Parpart also resigned from the Audit Committee. Mr. Puyat is currently the Chief Executive Officer of VGP Investments Inc. Mr. Puyat is also the Executive Director of privately funded First Sovereign Asset Management Inc. Prior to this, Mr. Puyat was involved in the Puyat family owned Manila Bank from 1986 to 2007, acting as the president from 1994 to 1999, and as Chairman of the Board from 1999 to 2007. Is New 90 Day High Low • Jan 05
New 90-day low: US$3.67 The company is down 8.0% from its price of US$3.99 on 06 October 2020. The American market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 22% over the same period. Reported Earnings • Nov 25
First half 2020 earnings released: AU$1.32 loss per share The company reported a solid first half result with reduced losses and improved revenues and control over expenses. First half 2020 results: Revenue: AU$444.7k (up 31% from 1H 2019). Net loss: AU$4.66m (loss narrowed 54% from 1H 2019). Over the last 3 years on average, earnings per share has fallen by 67% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 21
New 90-day high: US$5.07 The company is up 44% from its price of US$3.53 on 21 August 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period. Is New 90 Day High Low • Oct 24
New 90-day high: US$4.83 The company is up 37% from its price of US$3.52 on 24 July 2020. The American market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 13% over the same period. お知らせ • Jun 30
Integrated Media Technology Receives A Written Notice from the Listing Qualifications Department of the Nasdaq Stock Market Integrated Media Technology Limited announced on June 29, 2020 that on June 19, 2020, the Company received a written notice (the "Notice) from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq Staff") advising the Company that, based upon its annual report on Form 20-F for the fiscal year ended December 31, 2019, the reported stockholders' equity of approximately $55,322 does not meet the requirement of a minimum of $2,500,000 in stockholders' equity for continued listing requirement set forth in Nasdaq Listing Rules. The notification also stated that the Company would be provided 45 days to submit a plan to regain compliance with the listing requirement. If the plan is accepted, the Company can be granted up to 180 calendar days from the date of the Notice to evidence compliance. If the Company is unable to evidence compliance in that period, the Nasdaq Staff will provide the Company with written notification that its securities are subject to delisting from The Nasdaq Capital Market. The Company may appeal any delisting determination by the Nasdaq Staff to a Nasdaq Hearings Panel. The Company is currently evaluating its available options to resolve the deficiency and regain compliance with the Nasdaq minimum stockholders' equity requirement. There can be no guarantee, however, that the Company's plan will be accepted by the Nasdaq Staff or that the Company will be able to regain compliance with the continued listing requirement of Rule 5550(b)(1).