Legacy IMBDS, Inc.

OTCPK:IMBI.Q Stock Report

Market Cap: US$6.3k

Legacy IMBDS Balance Sheet Health

Financial Health criteria checks 1/6

Legacy IMBDS has a total shareholder equity of $17.0M and total debt of $176.8M, which brings its debt-to-equity ratio to 1037.2%. Its total assets and total liabilities are $443.7M and $426.7M respectively.

Key information

1,037.19%

Debt to equity ratio

US$176.77m

Debt

Interest coverage ration/a
CashUS$7.19m
EquityUS$17.04m
Total liabilitiesUS$426.71m
Total assetsUS$443.75m

Recent financial health updates

Recent updates

Seeking Alpha • Oct 13

iMedia Digital Services teams with Taboola in multiyear advertising and content recommendation partnership

iMedia Brands (NASDAQ:IMBI) advertising arm, iMedia Digital Services, entered into an advertising and content recommendation partnership with Taboola (NASDAQ:TBLA) effective October 1, 2022. This is the seventh year that Taboola has provided advertising products to iMDS to help drive user engagement and conversion for iMDS advertisers as well as new ecommerce solutions from Connexity. This newest six-year deal solidifies a decade-long partnership between iMedia and Taboola. Under the deal, iMDS will continue to adopt Taboola’s extensive product portfolio, including Taboola Feed, a seamlessly integrated feed that provides readers with personalized content, including video, for a more engaging experience.  “Taboola continues to be an important digital content and advertising partner for us. We appreciate Taboola’s constant efforts to enhance their platform and to remain innovative, most recently with the enhancements to its ecommerce capabilities, helping us further engage users, create new ecommerce revenue channels, and capitalize on continued innovation in digital advertising.” said Matt Leardini, President of iMDS.
Seeking Alpha • Aug 23

iMedia Brands Q2 2023 Earnings Preview

iMedia Brands (NASDAQ:IMBI) is scheduled to announce Q2 earnings results on Wednesday, August 24th, before market open. The consensus EPS Estimate is -$0.28 (-27.3% Y/Y) and the consensus Revenue Estimate is $158.4M (+39.6% Y/Y). Over the last 3 months, EPS estimates have seen 0 upward revisions and 3 downward. Revenue estimates have seen 0 upward revisions and 4 downward.
Analysis Article • Mar 08

Health Check: How Prudently Does iMedia Brands (NASDAQ:IMBI) Use Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Oct 14

Is iMedia Brands (NASDAQ:IMBI) Using Debt Sensibly?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Financial Position Analysis

Short Term Liabilities: IMBI.Q's short term assets ($201.4M) exceed its short term liabilities ($183.7M).

Long Term Liabilities: IMBI.Q's short term assets ($201.4M) do not cover its long term liabilities ($243.0M).

Debt to Equity History and Analysis

Debt Level: IMBI.Q's net debt to equity ratio (995%) is considered high.

Reducing Debt: IMBI.Q's debt to equity ratio has increased from 88.7% to 1037.2% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if IMBI.Q has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if IMBI.Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/03/11 14:58
End of Day Share Price 2024/03/08 00:00
Earnings2023/01/28
Annual Earnings2023/01/28

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 world class team 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

Legacy IMBDS, Inc. is covered by 6 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eric WoldB. Riley Securities, Inc.
Gregory McKinleyColliers Securities
Jeremy HamblinCraig-Hallum Capital Group LLC