If You Had Bought Integrated Media Technology (NASDAQ:IMTE) Shares A Year Ago You'd Have Earned 171% Returns

Unfortunately, investing is risky - companies can and do go bankrupt. But when you pick a company that is really flourishing, you can make more than 100%. For example, the Integrated Media Technology Limited (NASDAQ:IMTE) share price has soared 171% return in just a single year. On top of that, the share price is up 115% in about a quarter. It is also impressive that the stock is up 149% over three years, adding to the sense that it is a real winner.

See our latest analysis for Integrated Media Technology

Integrated Media Technology isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Shareholders of unprofitable companies usually expect strong revenue growth. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.

Over the last twelve months, Integrated Media Technology's revenue grew by 196%. That's well above most other pre-profit companies. Meanwhile, the market has paid attention, sending the share price soaring 171% in response. That sort of revenue growth is bound to attract attention, even if the company doesn't turn a profit. The strong share price rise indicates optimism, so there may be a better opportunity for buyers as the hype fades a bit.

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

A Different Perspective

It's nice to see that Integrated Media Technology shareholders have gained 171% (in total) over the last year. That's better than the annualized TSR of 35% over the last three years. These improved returns may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Integrated Media Technology is showing 6 warning signs in our investment analysis , and 3 of those make us uncomfortable...

We will like Integrated Media Technology better if we see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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