IME 0.00% 45.0¢ imexhs limited

Ann: 2024 Q1 Quarterly Activities Report and Appendix 4C, page-21

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  1. 1,814 Posts.
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    Has IME been doing, and continue to do, a lot R&D? Just looking at the historical financials and see revenue for the last 6 years from 2018, 5.8m, 7.7, 10.9, 13.3, 17.1 and 19.67 for 2023, but losses continue ranging from -4.9, -6.0 to still -4.1 for 2023. I have had this on the watchlist for over 12 months and see comments in this thread about late payments, but that doesn't explain multi-year.

    I can see a lot of shares being issued, and a consolidation in 2019 confusing things a bit, but is it a case of R&D upgrading, or takeovers of smaller competitors?
    Last edited by BuffettWarren: 08/06/24
 
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