Intelligent Monitoring Group Limited · ASX:IMB
Intelligent Monitoring — Merger or Acquisition (December 2025)
23 slides from Intelligent Monitoring's merger presentation, Dec 11, 2025
Slide 1: Fire Protection and High-Level Security "Project FPHLS" Acquisition
Sydney Fire Protection and High-Level Security “Project FPHLS” Acquisition OUR BRANDS
Slide 2: Disclaimer
DISCLAIMER This investor presentation has been prepared by Intelligent Monitoring Group Limited (ACN 060 774 227) (IMG or the Company). It contains general information about the Company and its subsidiaries (Group) and the Group’s business as at the date of this presentation. The information in this
Slide 3: IMG Today
IMG TODAY Defensive growth in higher-value security monitoring • Defensive stable recurring revenue base of approximately $8.1m per Strong Financial month ($7.1m monitoring and $1m service in FY25) Profile • Strong cash generation & low leverage • Customer base of over 210,000 businesses, homes, and
Slide 4: Growth Drivers – Organic & M&A
Growth Drivers – Organic & M&A M&A targets accelerate existing strategy, enhance technology and customer mix, and are immediately value-accretive on a per-share and per-site basis Organic Growth Levers Strategic M&A intent Project FPHLS • Deepen share of wallet in high-value • Reinforce IMG higher-v
Slide 5: Acquisition Details
Acquisition Details IMG will acquire 100% of Bluesky Holdco Limited consisting of Tyco New Zealand Limited and Red Wolf Security Limited 5
Slide 6: Overview of Acquisition (Project FPHLS)
OVERVIEW OF ACQUISITION (PROJECT FPHLS) IMG will acquire 100% of "Bluesky Holdco" owner of Tyco NZ and Red Wolf Tyco New Zealand • Acquisition of Tyco NZ the historic (est. NZ Revenue Split 1899) leading fire services company, providing access to a significant commercial Red Wolf Revenue (75% and en
Slide 7: About: Tyco NZ
ABOUT: TYCO NZ Tyco NZ provides IMG with a significant credentialed commercial platform to present our leading security offerings and accelerate cross-selling opportunities. Tyco New Zealand Overview • First system installed in Dunedin, NZ in 1896 Tyco NZ • End-to-end capability: design, installatio
Slide 8: About: Red Wolf
ABOUT: RED WOLF Red Wolf, a leading commercial security provider in New Zealand, strengthens IMG’s strategy to accelerate growth in the high-potential commercial security market. Red Wolf New Zealand Overview • Established in Wellington, NZ in 2005. • Leading electronic security service provider wit
Slide 9: Strategic Rationale
STRATEGIC RATIONALE Unlocking scale, capability and recurring revenue to drive the next phase of IMG’s commercial security growth. IMG Strategic M&A intent FPHLS Acquisition Alignment to IMG Strategy Reinforce IMG higher-value ✓ Builds NZ’s strongest fire & security platform, expanding positioning c
Slide 10: Project FPHLS Financials
PROJECT FPHLS FINANCIALS +28.3% accretive transaction (assumes no synergies) Material (+28.3%) earnings accretion • IMG will acquire "BlueSky Holdco" for NZ$45m (A$40m) and is expected to deliver EBITDA of NZ$10.9m (or A$10m*) during FY26 (Sept year-end). • Market conditions have created a rare wind
Slide 11: Pro Forma Financials – P&L
PRO FORMA FINANCIALS – P&L Proforma P&L IMB FPHLS Proforma Monitoring $m 88.4 0.0 88.4 Installations $m 93.7 29.0 122.7 Maintenance $m 34.1 53.3 87.4 Significant EPS Accretion Services $m 20.4 0.0 20.4 • IMG forecasts an EPS (pre- amortisation) of at least 0.066ps, EBITDA $m 43 - 47 10.0** 53 - 57 +
Slide 12: Pro Forma Financials – Balance Sheet
PRO FORMA FINANCIALS – BALANCE SHEET Balance Sheet IMB FPHLS Proforma Acquisition funded via Debt and Cashflow Current Assets $m 55.0 19.5 66.6 • FPHLS acquisition will be funded Non Current Assets $m 135.1 5.7 140.8 from existing IMG balance sheet Investments $m 93.7 41.4 135.1 capacity (NAB Facili
Slide 13: IMG Post FPHLS Acquisition
IMG POST FPHLS Acquisition
Slide 14: IMG Post FPHLS Acquisition
IMG POST FPHLS ACQUISITION Sustained enterprise value growth anchored in resilient, high-value security monitoring ✓ Stronger earnings base with higher-quality recurring Strong revenue and improved margin mix. Financial Profile ✓ 56.8% Recurring revenue increase (from ~$10.2m FY26 to ~$16m per month
Slide 15: Our Businesses – Post FPHLS
OUR BUSINESSES – POST FPHLS Go-to-market brand structure supporting all customer segments, positioning the company as a market leader in a highly fragmented industry. Australia New Zealand Direct to Customer Direct to Customer Partner to Industry Direct to Customer Tyco NZ Wholesale Provider 15
Slide 16: Significant Australasian Coverage
SIGNIFICANT AUSTRALASIAN COVERAGE A deep bench of licensed technical experts enabling strong execution across the Australasian market IMG Offices 16
Slide 17: Two Key Organic Growth Engines
TWO KEY ORGANIC GROWTH ENGINES Drive commercial scale into recurrent service and monitoring growth Enterprise & Commercial (ADT AU/NZ & Tyco NZ) ✓ Use significant geographical reach and wide technology expertise to attract drive large-scale Enterprise and Commercial work Security Monitoring (ADT & S
Slide 18: Strengthened Competitive Advantage
STRENGTHENED COMPETITIVE ADVANTAGE Strengthened competitive advantage through highly accredited, compliance- driven operations that elevate credibility and trust Reach - National Trust - Standards-Driven & Solutions - Advanced Coverage Certified Monitoring Capability Extensive presence across both I
Slide 19: Business Underpinned by Monitoring and Service Revenues
BUSINESS UNDERPINNED BY MONITORING AND SERVICE REVENUES New customers typically convert into long-term, recurring revenue relationships through ongoing monitoring, service contracts, and system upgrades. A typical customer revenue cycle Stage New New Work - Upgrades Services & Installation Monitorin
Slide 20: Corporate Strategy
CORPORATE STRATEGY 1. 2. Invest in our Unique scale, reach monitoring platform, and technology technology & people attracts large-scale 1 customers and 2 industry partners Developing a unique comparative advantage 4. Reinvested into 4 growing our comparative scale 3 3. Improves advantage and profita
Slide 21: Conclusion
CONCLUSION Financial Summary Strong and robust business 1H23 (annuali FY24 FY25 Proforma sed) Share price $m 0.127 0.43 0.585 0.545 • Business has transformed in the past 3 and ½ years. Cash $m 2.7 26.0 24.1 16 • Refinanced to NAB with senior debt Gross Debt $m 31.6 80.0 85.0 120 (in FY25) Net Debt
Slide 22: Get in touch
Get in touch Dennison Hambling Managing Director dhambling@theimg.com.au +61 418 173 232 Shenin Singh Head of Business Intelligence ssingh@theimg.com.au +61 437 953 017 22
Slide 23: Relative Valuation
RELATIVE VALUATION FY2026 FY2025 FY2025 FY2026f FY2025 EBITDA growth EBITDA Margin EV:Sales EV:EBITDA ND:EBITDA forecast 19.8% 21.9% 1.0x 5.9x 1.9x Vs Peers 10.2% 17% 2.9x 13.6x 2.4x Source: MA Financial (July 2025) 23 23
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