Intelligent Monitoring Group Drives $7.9m Cash Flow, Eyes Video Guarding Growth

Strong Financial Performance Amid Strategic Growth

Intelligent Monitoring Group Limited (ASX: IMB) has delivered a solid financial update for the half-year ended December 2024, underscoring its position as a growing force in the security services sector. The company reported an operating cash flow of $7.9 million before non-recurring items, a significant improvement driven by operational efficiencies and the integration of recent acquisitions.

Reaffirming its confidence, Intelligent Monitoring maintained its adjusted EBITDA guidance above $38 million for FY25, excluding the impact of acquisitions. This guidance reflects the company’s focus on organic growth and operational optimisation following a period of strategic investment and restructuring.

Acquisitions and Integration Fuel Momentum

The quarter saw the completion of the acquisition of DVL, a Perth-based security firm, which has quickly become a valuable contributor to Intelligent Monitoring’s commercial and enterprise technology operations. Alongside earlier acquisitions of ACG and AAG, DVL is expected to bolster the company’s service capabilities and revenue streams over the coming 18 months.

Integration efforts have been a key focus, with the company successfully embedding Signature Security into its broader operations and implementing Salesforce.com to enhance customer engagement. These moves aim to streamline operations and position Intelligent Monitoring for scalable growth.

Innovative Video Guarding Services Set to Disrupt

Intelligent Monitoring is advancing the rollout of its video guarding and verification platforms, which represent a paradigm shift in security monitoring. Unlike traditional alarm and physical verification models, these services enable immediate police response to verified events, enhancing deterrence and enabling faster intervention.

Early results have been promising, with multiple break-ins detected and police engagement activated in January 2025 alone. The company highlights that this technology not only improves security outcomes but also offers a cost-effective alternative to traditional guarding services, potentially disrupting the established security market.

Large-scale contracts signed in late 2024 with an educational institution, a global industrial company, and a dealer partner mark the first major deployments of Signature Guarding. Meanwhile, the ADT Guarding service is on track for an official launch by the end of February 2025.

Financial Position and Outlook

Intelligent Monitoring’s cash position remains strong, with $26.2 million in cash and cash equivalents at quarter-end and no unused financing facilities. The company is progressing with debt refinancing arrangements, having selected a new banking partner and expecting to finalise documentation shortly.

Management remains optimistic about the second half of FY25, anticipating continued organic growth driven by video guarding adoption and enterprise customer expansion. The company also maintains a robust acquisition pipeline, aiming to selectively pursue opportunities that complement its strategic objectives.

Overall, Intelligent Monitoring appears well-positioned to capitalise on technological innovation and market demand for enhanced security solutions, setting the stage for a potentially stronger 2026.