Reported Earnings • Feb 15
Second quarter 2026 earnings released: US$0.039 loss per share (vs US$0.053 loss in 2Q 2025) Second quarter 2026 results: US$0.039 loss per share (improved from US$0.053 loss in 2Q 2025). Revenue: US$3.79m (up 10% from 2Q 2025). Net loss: US$388.0k (loss narrowed 26% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 11
Moving iMage Technologies, Inc. to Report Q2, 2026 Results on Feb 12, 2026 Moving iMage Technologies, Inc. announced that they will report Q2, 2026 results Pre-Market on Feb 12, 2026 Tillkännagivande • Feb 09
Moving iMage Technologies, Inc., Annual General Meeting, Apr 09, 2026 Moving iMage Technologies, Inc., Annual General Meeting, Apr 09, 2026. Location: 17760 newhope street, fountain valley, california 92708., United States Buy Or Sell Opportunity • Jan 30
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to US$0.68. The fair value is estimated to be US$0.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 4.4%. Buy Or Sell Opportunity • Dec 31
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to US$0.66. The fair value is estimated to be US$0.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 4.4%. Buy Or Sell Opportunity • Dec 16
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 47% to US$0.66. The fair value is estimated to be US$0.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.2% over the last 3 years. Earnings per share has declined by 4.4%. Reported Earnings • Nov 16
First quarter 2026 earnings released: EPS: US$0.051 (vs US$0.003 loss in 1Q 2025) First quarter 2026 results: EPS: US$0.051 (up from US$0.003 loss in 1Q 2025). Revenue: US$5.58m (up 6.3% from 1Q 2025). Net income: US$509.0k (up US$534.0k from 1Q 2025). Profit margin: 9.1% (up from net loss in 1Q 2025). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Nov 13
Moving iMage Technologies, Inc. to Report Q1, 2026 Results on Nov 14, 2025 Moving iMage Technologies, Inc. announced that they will report Q1, 2026 results Pre-Market on Nov 14, 2025 Buy Or Sell Opportunity • Nov 12
Now 22% undervalued Over the last 90 days, the stock has risen 2.1% to US$0.73. The fair value is estimated to be US$0.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Earnings per share has declined by 14%. Reported Earnings • Sep 28
Full year 2025 earnings released: US$0.096 loss per share (vs US$0.13 loss in FY 2024) Full year 2025 results: US$0.096 loss per share (improved from US$0.13 loss in FY 2024). Revenue: US$18.1m (down 9.9% from FY 2024). Net loss: US$948.0k (loss narrowed 31% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Tillkännagivande • Sep 19
Moving iMage Technologies, Inc. to Report Q4, 2025 Results on Sep 26, 2025 Moving iMage Technologies, Inc. announced that they will report Q4, 2025 results Pre-Market on Sep 26, 2025 New Risk • Jun 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 20% 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 (20% average weekly change). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (US$5.49m market cap). Reported Earnings • May 17
Third quarter 2025 earnings released: US$0.024 loss per share (vs US$0.058 loss in 3Q 2024) Third quarter 2025 results: US$0.024 loss per share (improved from US$0.058 loss in 3Q 2024). Revenue: US$3.57m (down 8.2% from 3Q 2024). Net loss: US$240.0k (loss narrowed 60% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 24% per year. Tillkännagivande • May 08
Moving iMage Technologies, Inc. to Report Q3, 2025 Results on May 15, 2025 Moving iMage Technologies, Inc. announced that they will report Q3, 2025 results Pre-Market on May 15, 2025 New Risk • Apr 01
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 17% 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 (17% average weekly change). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (US$6.19m market cap). Reported Earnings • Feb 14
Second quarter 2025 earnings released: US$0.053 loss per share (vs US$0.075 loss in 2Q 2024) Second quarter 2025 results: US$0.053 loss per share (improved from US$0.075 loss in 2Q 2024). Revenue: US$3.44m (up 5.4% from 2Q 2024). Net loss: US$527.0k (loss narrowed 34% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 20% per year. New Risk • Jan 07
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 13% 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 29% per year over the past 5 years. Market cap is less than US$10m (US$6.31m market cap). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Reported Earnings • Nov 17
First quarter 2025 earnings released: US$0.003 loss per share (vs US$0.041 profit in 1Q 2024) First quarter 2025 results: US$0.003 loss per share (down from US$0.041 profit in 1Q 2024). Revenue: US$5.25m (down 21% from 1Q 2024). Net loss: US$25.0k (down 106% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Nov 12
Moving iMage Technologies, Inc. to Report Q1, 2025 Results on Nov 14, 2024 Moving iMage Technologies, Inc. announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 14, 2024 Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Executive VP of Operations & Director Bevan Wright was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 31
Moving iMage Technologies Announces Executive Succession Plan and Board Member Transition Moving iMage Technologies, Inc. announced a strategic executive succession plan as part of the Company’s ongoing commitment to governance and leadership continuity. As part of this initiative, Francois Godfrey has been promoted to President and Chief Operating Officer and was appointed to MiT’s Board of Directors, effective immediately. Godfrey succeeds Phil Rafnson, who will retain his role of Chairman and CEO, as President. The introduction of the Chief Operating Officer position reflects MiT’s focus on operational excellence and its strategic growth initiatives. With over 20 years of experience in business development, sales and strategic planning, Godfrey has a proven track record in leading high-performing teams, driving revenue growth and fostering customer relationships. Since joining MiT in early 2022 as Vice President of Business Development and Sales, he has been a key player in the Company’s long-term growth initiatives designed to accelerate revenue growth and increase gross margins. His previous roles include leadership positions at Christie Digital Systems, Barco, Ballentyne Strong and QSC Audio, where he successfully executed complex sales strategies, developed international partnerships and managed multi-million dollar business units within competitive technology markets. In conjunction with the succession planning process, the Company also announced that Bevan Wright, Executive Vice President of Operations, will transition from his role on the Board of Directors to actively serve in an advisory board capacity. Mr. Wright will continue in his existing role as EVP of Operations, maintaining his leadership in the Company’s day-to-day operational strategies. This transition will allow him to remain actively engaged with the Board, providing strategic insights and guidance in a non-voting capacity while focusing on his operational responsibilities. Tillkännagivande • Oct 17
Moving iMage Technologies, Inc., Annual General Meeting, Dec 19, 2024 Moving iMage Technologies, Inc., Annual General Meeting, Dec 19, 2024. Reported Earnings • Sep 27
Full year 2024 earnings released: US$0.13 loss per share (vs US$0.17 loss in FY 2023) Full year 2024 results: US$0.13 loss per share (improved from US$0.17 loss in FY 2023). Revenue: US$20.1m (flat on FY 2023). Net loss: US$1.37m (loss narrowed 24% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. New Risk • Jun 06
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 19% 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 (19% average weekly change). Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (US$7.20m market cap). Reported Earnings • May 17
Third quarter 2024 earnings released: US$0.06 loss per share (vs US$0.039 loss in 3Q 2023) Third quarter 2024 results: US$0.06 loss per share (further deteriorated from US$0.039 loss in 3Q 2023). Revenue: US$3.89m (up 4.0% from 3Q 2023). Net loss: US$601.0k (loss widened 42% from 3Q 2023). Tillkännagivande • May 15
Moving iMage Technologies, Inc. to Report Q3, 2024 Results on May 15, 2024 Moving iMage Technologies, Inc. announced that they will report Q3, 2024 results at 7:00 AM, US Eastern Standard Time on May 15, 2024 New Risk • Apr 08
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 10% 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 36% per year over the past 5 years. Market cap is less than US$10m (US$5.54m market cap). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Tillkännagivande • Apr 01
Moving iMage Technologies, Inc. (NYSEAM:MITQ) announces an Equity Buyback for $0.36 million worth of its shares. Moving iMage Technologies, Inc. (NYSEAM:MITQ) announces a share repurchase program. Under the program, the company will repurchase up to $0.63 million worth of its common stock. The program will be valid till June 30, 2024. Reported Earnings • Feb 15
Second quarter 2024 earnings released: US$0.075 loss per share (vs US$0.004 profit in 2Q 2023) Second quarter 2024 results: US$0.075 loss per share (down from US$0.004 profit in 2Q 2023). Revenue: US$3.27m (down 33% from 2Q 2023). Net loss: US$794.0k (down US$840.0k from profit in 2Q 2023). Tillkännagivande • Feb 13
Moving iMage Technologies, Inc. to Report Q2, 2024 Results on Feb 14, 2024 Moving iMage Technologies, Inc. announced that they will report Q2, 2024 results at 7:00 AM, US Eastern Standard Time on Feb 14, 2024 Tillkännagivande • Jan 23
Moving iMage Technologies, Inc., Annual General Meeting, Mar 12, 2024 Moving iMage Technologies, Inc., Annual General Meeting, Mar 12, 2024, at 10:00 Pacific Daylight. Location: offices at 17760 Newhope Street, Suite B, Fountain Valley, California, 92708 Fountain Valley California United States Agenda: To elect five directors; to consider the appointment of haskell & white llp as independent registered public accounting firm for the fiscal year ending june 30, 2024; and to consider other business matters. Reported Earnings • Nov 17
First quarter 2024 earnings released: EPS: US$0.041 (vs US$0.009 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.041 (up from US$0.009 loss in 1Q 2023). Revenue: US$6.64m (up 13% from 1Q 2023). Net income: US$439.0k (up US$534.0k from 1Q 2023). Profit margin: 6.6% (up from net loss in 1Q 2023). New Risk • Nov 16
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 9.9% 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 41% per year over the past 5 years. Market cap is less than US$10m (US$9.27m market cap). Minor Risk Share price has been volatile over the past 3 months (9.9% average weekly change). Tillkännagivande • Nov 07
Moving iMage Technologies, Inc. to Report Q1, 2024 Results on Nov 13, 2023 Moving iMage Technologies, Inc. announced that they will report Q1, 2024 results at 7:00 AM, US Eastern Standard Time on Nov 13, 2023 Reported Earnings • Sep 27
Full year 2023 earnings released: US$0.17 loss per share (vs US$0.13 loss in FY 2022) Full year 2023 results: US$0.17 loss per share (further deteriorated from US$0.13 loss in FY 2022). Revenue: US$20.2m (up 10% from FY 2022). Net loss: US$1.80m (loss widened 34% from FY 2022). Tillkännagivande • Sep 20
Moving iMage Technologies, Inc. to Report Q4, 2023 Results on Sep 26, 2023 Moving iMage Technologies, Inc. announced that they will report Q4, 2023 results at 7:00 AM, US Eastern Standard Time on Sep 26, 2023 New Risk • Aug 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.95m 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 Earnings have declined by 41% per year over the past 5 years. Market cap is less than US$10m (US$9.95m market cap). Reported Earnings • May 17
Third quarter 2023 earnings released: US$0.039 loss per share (vs US$0.056 profit in 3Q 2022) Third quarter 2023 results: US$0.039 loss per share (down from US$0.056 profit in 3Q 2022). Revenue: US$3.74m (down 36% from 3Q 2022). Net loss: US$424.0k (down 172% from profit in 3Q 2022). Tillkännagivande • May 16
Moving iMage Technologies, Inc. Provides Earnings Guidance for the Fiscal Year 2023 Moving iMage Technologies, Inc. provided earnings guidance for the fiscal year 2023. For the year, the company expects revenue of +10%, diluted loss per Share to be $0.07 to $0.06. Tillkännagivande • May 10
Moving iMage Technologies, Inc. to Report Q3, 2023 Results on May 15, 2023 Moving iMage Technologies, Inc. announced that they will report Q3, 2023 results at 7:00 AM, US Eastern Standard Time on May 15, 2023 Tillkännagivande • Feb 15
Moving iMage Technologies, Inc. Provides Earnings Guidance for the He Fiscal Year 2023 Moving iMage Technologies, Inc. provided earnings guidance for the he fiscal year 2023. For the period, The company expects revenue of $22.5 million to $23.5 Million and Diluted EPS $0.04 - $0.06. Reported Earnings • Feb 15
Second quarter 2023 earnings released: EPS: US$0.004 (vs US$0.061 loss in 2Q 2022) Second quarter 2023 results: EPS: US$0.004 (up from US$0.061 loss in 2Q 2022). Revenue: US$4.84m (up 42% from 2Q 2022). Net income: US$46.0k (up US$690.0k from 2Q 2022). Profit margin: 0.9% (up from net loss in 2Q 2022). Tillkännagivande • Feb 08
Moving iMage Technologies, Inc. to Report Q2, 2023 Results on Feb 14, 2023 Moving iMage Technologies, Inc. announced that they will report Q2, 2023 results at 7:00 AM, Eastern Standard Time on Feb 14, 2023 Tillkännagivande • Jan 24
Moving iMage Technologies Names William F. Greene as Interim Chief Financial Officer Moving iMage Technologies named William “Bill” Greene as interim chief financial officer, effective immediately. Greene brings an extensive background in public accounting, SEC reporting, capital raising, M&A due diligence and internal controls working as a CFO, Big 8 auditor and financial consultant for both public and private companies. Greene holds a B.S. in Business Administration, with a concentration in Accounting from the California State University - Dominguez Hills. Tillkännagivande • Dec 02
Moving iMage Technologies, Inc. Announces Demise of Michael “Mike” Sherman, Chief Financial Officer Moving iMage Technologies announced the passing of chief financial officer Michael “Mike” Sherman on November 30, 2022. Sherman joined MiT as CFO in July 2018. He played a key role in preparing the Company for its IPO in July 2021 and drove the Company’s finance and accounting strategy as a public company. He began his career at Coopers & Lybrand and subsequently held a variety of corporate and division finance and accounting leadership roles for both public and private enterprises. Reported Earnings • Nov 16
First quarter 2023 earnings released: US$0.009 loss per share (vs US$0.056 loss in 1Q 2022) First quarter 2023 results: US$0.009 loss per share (improved from US$0.056 loss in 1Q 2022). Revenue: US$5.85m (up 69% from 1Q 2022). Net loss: US$95.0k (loss narrowed 84% from 1Q 2022). Tillkännagivande • Nov 16
Moving iMage Technologies, Inc. Provides Earnings Guidance for the Fiscal Year 2023 Moving iMage Technologies, Inc. provided earnings guidance for the he fiscal year 2023. For the period, The company expects revenue of $22.0 million to $23.5 Million and EPS $0.04 - $0.08. Board Change • Nov 16
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. 1 highly experienced director. President, CEO & Chairman of the Board Phil Rafnson is the most experienced director on the board, commencing their role in 2003. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 10
Moving iMage Technologies, Inc. to Report Q1, 2023 Results on Nov 15, 2022 Moving iMage Technologies, Inc. announced that they will report Q1, 2023 results at 7:00 AM, US Eastern Standard Time on Nov 15, 2022 Reported Earnings • Sep 24
Full year 2022 earnings released: US$0.13 loss per share (vs US$0.18 loss in FY 2021) Full year 2022 results: US$0.13 loss per share. Revenue: US$18.4m (up 153% from FY 2021). Net loss: US$1.35m (loss widened 29% from FY 2021). Tillkännagivande • Sep 24
Moving iMage Technologies, Inc. Provides Earnings Guidance for the Fiscal Year 2023 Moving iMage Technologies, Inc. provided earnings guidance for the fiscal year 2023. For the period, the company expects revenue to be $22 million to $23.5 million, and non-GAAP earnings per share to be between $0.04 and $0.08. Tillkännagivande • Sep 23
Moving iMage Technologies, Inc. to Report Q4, 2022 Results on Sep 23, 2022 Moving iMage Technologies, Inc. announced that they will report Q4, 2022 results at 7:00 AM, US Eastern Standard Time on Sep 23, 2022 Reported Earnings • May 18
Third quarter 2022 earnings released: EPS: US$0.056 (vs US$0.061 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.056 (up from US$0.061 loss in 3Q 2021). Revenue: US$5.84m (up 241% from 3Q 2021). Net income: US$593.0k (up US$941.0k from 3Q 2021). Profit margin: 10% (up from net loss in 3Q 2021). Board Change • May 14
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. 1 highly experienced director. President, CEO & Chairman of the Board Phil Rafnson is the most experienced director on the board, commencing their role in 2003. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 13
Moving iMage Technologies, Inc. to Report Q3, 2022 Results on May 16, 2022 Moving iMage Technologies, Inc. announced that they will report Q3, 2022 results at 4:10 PM, US Eastern Standard Time on May 16, 2022 Tillkännagivande • Mar 03
Moving iMage Receives Notice from NYSE American Regarding Late Filing of Quarterly Report on Form 10-Q Moving iMage Technologies, Inc. ("MiT" or the "Company") announced that on February 23, 2022, the Company received a notice from NYSE Regulation stating that the Company is not in compliance with the NYSE American LLC's (the "Exchange") continued listing standards under the timely filing criteria set in Section 1007 of the NYSEAmerican Company Guide (the "Company Guide"). The non-compliance results from the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2021 (the "Delayed Form 10-Q"), which was due to be filed with the Securities and Exchange Commission ("SEC") no later than February 22, 2022 (the "Filing Delinquency"). The Company has not timely filed the Delayed Form 10-Q because additional time is needed to complete the Company's restatement of its unaudited condensed consolidated financial statements for the three months ended September 30, 2020 and 2021 that were previously filed with the SEC on Form 10-Q on November 15, 2021. On February 14, 2022, the Company filed a Notification of Late Filing on Form 12b-25 (the "Form 12b-25") with the SEC. After the filing of the Form 12b-25, the Company's auditors informed the Company of a material misstatement in the comparative interim financial statements for the quarter ended September 30, 2021 and 2020 (the "Restatement"). The Restatement will primarily impact (a) Total Liabilities and Stockholders' Equity/Members' Deficit as of September 30, 2021 and June 30, 2021 and the removal of Members' Deficit, (b) net loss and loss per shares for the three months ended September 30, 2020, and (c) condensed consolidated statements of stockholders' equity (deficit) for the periods ended September 30, 2021 and 2020. Tillkännagivande • Feb 15
Moving iMage Technologies, Inc. announced delayed 10-Q filing On 02/14/2022, Moving iMage Technologies, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • Feb 11
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: US$0.06 loss per share (up from US$0.072 loss in 2Q 2021). Revenue: US$3.42m (up 113% from 2Q 2021). Net loss: US$643.0k (loss widened 57% from 2Q 2021). Revenue was in line with analyst estimates. Tillkännagivande • Feb 10
Moving iMage Technologies, Inc. Revises Earnings Guidance for the Year 2022 Moving iMage Technologies, Inc. announced that the billions of dollars in government grants are still in the early days of being spent, and they expect this money to provide a higher jumping off point versus last cycle to the nascent upgrade cycles for both technology and facilities during the second half of fiscal year and into fiscal 2023. As a result, they are both increasing revenue guidance and narrowing the range, and they now expect at least $14 million- $16 million, or 93%-121% growth for the year. Tillkännagivande • Feb 05
Moving iMage Technologies, Inc. to Report Q2, 2022 Results on Feb 09, 2022 Moving iMage Technologies, Inc. announced that they will report Q2, 2022 results at 7:00 AM, US Eastern Standard Time on Feb 09, 2022 Tillkännagivande • Feb 01
Moving iMage Technologies, Inc., Annual General Meeting, Feb 24, 2022 Moving iMage Technologies, Inc., Annual General Meeting, Feb 24, 2022, at 10:00 Pacific Standard Time. Location: Company's offices at 17760 Newhope Street, Suite B Fountain Valley California United States Agenda: To elect five directors; to ratify the appointment of CohnReznick LLP as independent registered public accounting firm for the fiscal year ending June 30, 2022; to approve an amendment to the Moving iMage Technologies 2019 Omnibus Incentive Plan increasing the number of shares issuable under the plan from 750,000 to 1.5 million: and to transact such other business as may properly come before the Annual Meeting and at any adjournment or postponement thereof. Board Change • Dec 29
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. 1 highly experienced director. President, CEO & Chairman of the Board Phil Rafnson is the most experienced director on the board, commencing their role in 2003. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 30
Full year 2021 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: US$7.25m (down 56% from FY 2020). Net loss: US$1.04m (loss widened 18% from FY 2020).