Intelligent Monitoring Group Ltd (ASX:IMB) CEO Dennison Hambling joins Jonathan Jackson in the Proactive studio to talk through the highlights of the company’s last quarter and its acquisition of ADT. Hambling gives an overview of the company’s work in the security space, before explaining the value of the ADT acquisition. The last quarter marked the first full quarter post ADT acquisition and revenue reached $39.2 million, while EBITDA reached $7.2 million for the quarter (EBITDA $5.9 million in Q1). Hambling also discusses the recent Securely acquisition, the need for greater security solutions in residential areas where crime is increasing and IMG’s three key strategies including rebuilding its commercial market position, driving residential security service penetration (through DIY security offers), and simplifying its business.
Intelligent Monitoring sees strong numbers following ADT acquisition
