Image Resources NL

ASX:IMA Stock Report

Market Cap: AU$17.8m

Image Resources Management

Management criteria checks 2/4

Image Resources' CEO is Patrick Mutz, appointed in Jun 2016, has a tenure of 10.25 years. total yearly compensation is A$1.06M, comprised of 56.2% salary and 43.8% bonuses, including company stock and options. directly owns 0.75% of the company’s shares, worth A$132.95K. The average tenure of the management team and the board of directors is 9 years and 4.3 years respectively.

Key information

Patrick Mutz

Chief executive officer

AU$1.1m

Total compensation

CEO salary percentage56.21%
CEO tenure10.3yrs
CEO ownership0.7%
Management average tenure9yrs
Board average tenure4.3yrs

Recent management updates

Recent updates

Analysis Article • Oct 14

Image Resources NL's (ASX:IMA) Shares Bounce 27% But Its Business Still Trails The Industry

Image Resources NL ( ASX:IMA ) shareholders would be excited to see that the share price has had a great month, posting...
Analysis Article • May 21

Here's Why It's Unlikely That Image Resources NL's (ASX:IMA) CEO Will See A Pay Rise This Year

Key Insights Image Resources will host its Annual General Meeting on 28th of May CEO Patrick Mutz's total compensation...
Analysis Article • Apr 19

Image Resources NL's (ASX:IMA) Shares Bounce 52% But Its Business Still Trails The Industry

The Image Resources NL ( ASX:IMA ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article • Mar 14

Image Resources (ASX:IMA) Is Experiencing Growth In Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article • Nov 01

Calculating The Intrinsic Value Of Image Resources NL (ASX:IMA)

Key Insights Image Resources' estimated fair value is AU$0.052 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article • Jan 11

Image Resources (ASX:IMA) Is Achieving High Returns On Its Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article • Jun 16

Returns At Image Resources (ASX:IMA) Are On The Way Up

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Analysis Article • May 20

Shareholders May Be More Conservative With Image Resources NL's (ASX:IMA) CEO Compensation For Now

Under the guidance of CEO Patrick Mutz, Image Resources NL ( ASX:IMA ) has performed reasonably well recently. In light...
Analysis Article • May 03

We Like Image Resources' (ASX:IMA) Returns And Here's How They're Trending

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Feb 18

Could The Market Be Wrong About Image Resources NL (ASX:IMA) Given Its Attractive Financial Prospects?

It is hard to get excited after looking at Image Resources' (ASX:IMA) recent performance, when its stock has declined...
Analysis Article • Feb 03

Shareholders Are Thrilled That The Image Resources (ASX:IMA) Share Price Increased 175%

While Image Resources NL ( ASX:IMA ) shareholders are probably generally happy, the stock hasn't had particularly good...
Analysis Article • Jan 19

Image Resources (ASX:IMA) Knows How To Allocate Capital Effectively

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article • Jan 04

Here's Why I Think Image Resources (ASX:IMA) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article • Dec 20

How Much Of Image Resources NL (ASX:IMA) Do Insiders Own?

If you want to know who really controls Image Resources NL ( ASX:IMA ), then you'll have to look at the makeup of its...
Analysis Article • Nov 26

Are Image Resources's (ASX:IMA) Statutory Earnings A Good Guide To Its Underlying Profitability?

As a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
Analysis Article • Aug 18

Here's Why Image Resources's (ASX:IMA) Statutory Earnings Are Arguably Too Conservative

It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. However...
Analysis Article • Jul 29

Are Strong Financial Prospects The Force That Is Driving The Momentum In Image Resources NL's ASX:IMA) Stock?

Image Resources (ASX:IMA) has had a great run on the share market with its stock up by a significant 27% over the last...
Analysis Article • Jul 14

How Does Image Resources' (ASX:IMA) CEO Pay Compare With Company Performance?

Patrick Mutz became the CEO of Image Resources NL (ASX:IMA) in 2016, and we think it's a good time to look at the...

CEO Compensation Analysis

How has Patrick Mutz's remuneration changed compared to Image Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

-AU$86m

Mar 31 2026n/an/a

-AU$84m

Dec 31 2025AU$1mAU$593k

-AU$83m

Sep 30 2025n/an/a

-AU$48m

Jun 30 2025n/an/a

-AU$13m

Mar 31 2025n/an/a

-AU$11m

Dec 31 2024AU$886kAU$606k

-AU$9m

Sep 30 2024n/an/a

-AU$12m

Jun 30 2024n/an/a

-AU$14m

Mar 31 2024n/an/a

-AU$10m

Dec 31 2023AU$990kAU$598k

-AU$5m

Sep 30 2023n/an/a

-AU$1m

Jun 30 2023n/an/a

AU$2m

Mar 31 2023n/an/a

AU$9m

Dec 31 2022AU$789kAU$530k

AU$15m

Sep 30 2022n/an/a

AU$25m

Jun 30 2022n/an/a

AU$34m

Mar 31 2022n/an/a

AU$27m

Dec 31 2021AU$731kAU$483k

AU$19m

Sep 30 2021n/an/a

AU$16m

Jun 30 2021n/an/a

AU$14m

Mar 31 2021n/an/a

AU$19m

Dec 31 2020AU$622kAU$465k

AU$25m

Sep 30 2020n/an/a

AU$26m

Jun 30 2020n/an/a

AU$28m

Mar 31 2020n/an/a

AU$24m

Dec 31 2019AU$653kAU$426k

AU$21m

Compensation vs Market: Patrick's total compensation ($USD756.76K) is above average for companies of similar size in the Australian market ($USD339.91K).

Compensation vs Earnings: Patrick's compensation has increased whilst the company is unprofitable.

CEO

Patrick Mutz (68 yo)

10.3yrs
Tenure
AU$1,055,004
Compensation

Mr. Patrick Roy Mutz, BSc/BM (Hons), MBA/GM, FAusIMM, MSME, REM(USA), MA, is Managing Director, Chief Executive Officer & Director of Haranga Resources Limited from September 1, 2026. He serves as Independ...

Leadership Team

NamePositionTenureCompensationOwnership
Winston Lee
Executive Chairman4.3yrsAU$64.99k13.59%
A$ 2.4m
Patrick Mutz
MD & CEO10.3yrsAU$1.06m0.75%
A$ 132.9k
Todd Colton
Chief Operating Officer7.8yrsAU$702.22k0.018%
A$ 3.2k
David Lim
Interim Chief Financial Officerless than a yearno datano data
Dennis Wilkins
Joint Company Secretary14yrsno datano data
9.0yrs
Average Tenure

Experienced Management: IMA's management team is seasoned and experienced (9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Winston Lee
Executive Chairman4.3yrsAU$64.99k13.59%
A$ 2.4m
Peter Thomas
Independent Non Executive Director24.4yrsAU$80.89k0.19%
A$ 33.6k
Ran Xu
Non-Executive Director4.3yrsAU$61.72kno data
4.3yrs
Average Tenure

Experienced Board: IMA's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 06:47
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Image Resources NL is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Austin YunMacquarie Research