BRIEF-Intelligent Monitoring Acquire Dataline Visual Link

Reuters

2024/11/07

Nov 7 (Reuters) - Intelligent Monitoring Group Ltd IMB.AX:

ENTERED BINDING SALE AND PURCHASE AGREEMENT TO ACQUIRE DATALINE VISUAL LINK
GUIDING FY25 UNDERLYING EBITDA TO BE ABOVE A$38M (BEFORE ANY CONTRIBUTION FROM ACQUISITIONS)
IMG WILL PAY A$7 MILLION FOR ACQUISITION
ACQUISITION EXPECTED TO GENERATE FY24 EBITDA OF A$1.9M
IMG RAISES A$20M THROUGH PLACEMENT OF 41.7M NEW SHARES

Further company coverage: IMB.AX

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