Integrated Media Technology ( (IMTE) ) has shared an update.
Integrated Media Technology Limited released its unaudited financial results for the first half of 2024, revealing a net revenue of $43,732, a significant drop from $304,208 in the same period in 2023. The company reported a net loss of $1,573,921 compared to a profit of $163,585 in 2023, attributed to increased expenses and reduced income from changes in the value of warrants. This financial performance indicates challenges in maintaining profitability and suggests potential strategic adjustments may be necessary to improve future earnings.
More about Integrated Media Technology
Integrated Media Technology Limited operates in the technology industry, focusing on advanced media technology solutions. The company provides a range of products and services that cater to evolving media and technology needs, positioning itself prominently within the market to deliver innovative solutions.
YTD Price Performance: -52.77%
Average Trading Volume: 40,677
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.39M
See more data about IMTE stock on TipRanks’ Stock Analysis page.
