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Last A$0.0010 AUD
Change Today 0.00 / 0.00%
Volume 18.7K
IMI On Other Exchanges
As of 2:10 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

im medical ltd (IMI) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/31/14 - A$0.0020
52 Week Low
04/23/14 - A$0.0010
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for IM MEDICAL LTD (IMI)

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im medical ltd (IMI) Details

IM Medical Limited focuses on providing data center, disaster recovery, and technology facilities in Australia. The company was founded in 2004 and is headquartered in Melbourne, Australia.

Founded in 2004

im medical ltd (IMI) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

im medical ltd (IMI) Key Developments

IM Medical Ltd. Announces Consolidated Earnings Results for the Half Year Ended December 31, 2014

IM Medical Ltd. announced consolidated earnings results for the half year ended December 31, 2014. For the period, the company reported revenue of AUD 9 against AUD 34 a year ago. Loss before income tax expense was AUD 238,287 against AUD 256,815 a year ago. Loss for the period was AUD 238,287 or 0.03 cents per basic and diluted share against AUD 256,815 or 0.03 cents per basic and diluted share a year ago. Net cash flows used in operating activities was AUD 225,800 against AUD 172,789 a year ago.

IM Medical Ltd. Proposes Nigel Blaze and Paul Burton to Resign from the Board

IM Medical Ltd. expects to dispatch a Notice of Meeting in March 2015 to seek shareholder approval for on the completion of the Acquisition, with the appointment of the new directors, existing directors Mr. Nigel Blaze, and Mr. Paul Burton will resign from the IMI Board.

IMI Limited Announces Board Appointments

On completion of the acquisition, it is proposed that Mr. Andrew Hardy, Mr. Jamie Cullen and Mr. Jon Eaves, will the board of IMI. The appointments will bring significant expertise to the company board. Andrew Hardy co-founded Harbour MSP in 2003 to provide data centre services to local and multi national clients across a wide range of industries. Andrew has over twenty years’ experience in the telecommunications and co-location services, including 7 years of MFS/Worldcom in senior sales and management positions in Japan and Europe. Jamie Cullen proposed Non-Executive Director, twenty years’ experience as CEO of ASX listed entities- Resource Equipment Limited (20085-2014) and PCH Group Ltd. (1994-2007). Previously finance and management executive in motion picture industry in Los Angeles and prior to that with PriceWaterhouseCoopers in Australia, New Zealand and Los Angeles. Jon Eaves – Chief Operating Officer, Executive Director elect Jon Eaves is the founder and major shareholder in Syncom and has built the combined business to an EBITDA of approximately $2 million in 2014 with no significant debt. Jon established the successful hosting business in 2001 which expanded into cloud computing, co-location, data centre services, and remote technical support. Richard Wadley, will continue as an executive director, and is Chief Financial Officer and Company Secretary of the company.


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