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ImExHS Limited offers cloud-based medical imaging solutions in Australia and internationally. The company operates in two segments: Software and Radiology. It offers medical imaging software that is focused on the development and sale of modular imaging systems, which include information systems for radiology, cardiology, and pathology, as well as a picture archiving and communications system. The company's solutions include AQUILA, a radiology software solution; ALULA, a pathology software solution; and ANTEROS, a cardiology software solution. It also provides radiological diagnostic services to hospitals and medical facilities; medical images and radiologists' interpretation; reports to develop artificial intelligence (AI) tools; and outsourced radiology services, as well as teleradiology services. ImExHS Limited was incorporated in 2001 and is based in Sydney, Australia.
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Imexhs Ltd (IME.AU) is an Australian-listed company for which publicly available disclosures are limited, so its core operations are not well documented in accessible sources. Long-term growth drivers may include successful execution of any management strategy, expansion of revenue-generating activities, and improved access to capital markets, which could support scale and profitability if realized.
Material risks include limited disclosure and transparency, low liquidity and small-cap volatility on the ASX, execution and financing risk, and potential regulatory or operational uncertainty.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -3.04M | -2.57M | -4.28M | -2.95M | -4.56M |
| Net income | -2.88M | -2.62M | -4.19M | -3.04M | -4.70M |
| Selling general administrative | - | 7.46M | 5.54M | 5.61M | 6.09M |
| Selling and marketing expenses | - | 0.04M | 0.11M | 0.15M | 0.14M |
| Gross profit | 8.31M | 11.03M | 3.50M | 17.12M | 13.37M |
| Reconciled depreciation | - | 2.15M | 2.43M | 1.76M | 1.24M |
| Ebit | -0.70M | -2.11M | -3.69M | -2.50M | -4.23M |
| Ebitda | 1.52M | 0.05M | -1.26M | -0.74M | -2.99M |
| Depreciation and amortization | 2.22M | 2.15M | 2.43M | 1.76M | 1.24M |
| Operating income | -0.70M | -0.37M | -2.70M | -2.50M | -4.23M |
| Other operating expenses | 29.67M | 26.90M | 22.26M | 19.66M | 17.46M |
| Interest expense | 0.38M | 0.47M | 0.33M | 0.44M | 0.31M |
| Tax provision | - | 0.06M | 0.17M | 0.09M | 0.14M |
| Interest income | - | 0.03M | 0.03M | 0.05M | 0.65M |
| Net interest income | - | -0.44M | -0.30M | -0.40M | -0.29M |
| Income tax expense | -0.16M | 0.06M | 0.17M | 0.09M | 0.14M |
| Total revenue | 28.97M | 26.57M | 19.67M | 17.12M | 13.37M |
| Total operating expenses | 9.01M | 11.36M | 8.55M | 19.66M | 17.46M |
| Cost of revenue | 20.66M | 15.54M | 16.17M | 11.66M | 9.29M |
| Total other income expense net | -2.34M | -2.20M | -1.58M | -0.44M | -0.32M |
| Net income from continuing ops | - | -2.63M | -4.19M | -3.04M | -4.70M |
| Net income applicable to common shares | - | -2.63M | -4.45M | -3.04M | -4.70M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 23.73M | 21.81M | 22.65M | 20.99M | 25.76M |
| Intangible assets | 3.30M | 3.52M | - | 3.26M | 3.01M |
| Other current assets | 0.65M | 0.97M | 0.27M | 0.85M | 0.26M |
| Total liab | 7.86M | 7.33M | 6.67M | 5.09M | 9.11M |
| Total stockholder equity | 15.87M | 14.47M | 15.98M | 15.90M | 16.65M |
| Other current liab | 2.46M | 2.94M | 2.78M | 1.88M | 0.33M |
| Common stock | 42.89M | 40.29M | 38.66M | 38.48M | 34.77M |
| Capital stock | - | - | - | 38.48M | 34.77M |
| Retained earnings | -33.21M | -30.33M | -27.44M | -23.25M | -20.21M |
| Other liab | - | - | - | 0.06M | 0.72M |
| Good will | 3.35M | 4.61M | 4.80M | 4.86M | 5.32M |
| Other assets | - | - | - | 0.63M | 1.40M |
| Cash | 3.30M | 2.07M | 2.36M | 1.91M | 4.19M |
| Cash and equivalents | - | - | - | - | 4.19M |
| Total current liabilities | 7.76M | 6.89M | 6.37M | 4.48M | 7.10M |
| Current deferred revenue | 1.20M | - | 0.06M | - | 2.47M |
| Net debt | -2.73M | -0.88M | -1.07M | -0.79M | -1.79M |
| Short term debt | 0.55M | 0.82M | 1.08M | 0.57M | 1.11M |
| Short long term debt | - | - | - | 0.55M | 1.08M |
| Short long term debt total | 0.57M | 1.19M | 1.29M | 1.12M | 2.40M |
| Other stockholder equity | - | - | 0.00M | -3.29M | 2.10M |
| Property plant equipment | - | - | - | 3.73M | 4.50M |
| Total current assets | 13.44M | 9.26M | 8.92M | 8.51M | 11.54M |
| Net tangible assets | - | - | - | 7.78M | 8.32M |
| Net receivables | 9.34M | 5.89M | 6.18M | 5.37M | 7.01M |
| Long term debt | - | - | - | 0.54M | 1.29M |
| Inventory | 0.15M | 0.33M | 0.11M | 0.10M | 0.08M |
| Accounts payable | 3.55M | 3.12M | 2.45M | 2.03M | 3.19M |
| Accumulated other comprehensive income | 6.19M | 4.51M | 4.77M | 0.68M | 2.10M |
| Non currrent assets other | - | 1.13M | 3.78M | 0.63M | 1.40M |
| Non current assets total | 10.29M | 12.55M | 13.74M | 12.48M | 14.22M |
| Capital lease obligations | - | - | - | 0.03M | 0.03M |
| Long term debt total | - | - | - | 0.54M | 1.29M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -0.77M | -2.13M | -2.22M | -3.39M |
| Change to liabilities | - | - | - | -1.21M | -2.29M |
| Total cashflows from investing activities | -1.19M | -0.77M | -2.13M | -2.22M | -3.39M |
| Net borrowings | - | -0.11M | -0.04M | -1.36M | -1.10M |
| Total cash from financing activities | 1.68M | 1.18M | -0.10M | 2.25M | -0.16M |
| Change to operating activities | - | - | - | -0.32M | 0.30M |
| Net income | -2.88M | -2.63M | -4.19M | -3.04M | -4.70M |
| Change in cash | 1.23M | -0.29M | 0.45M | -2.27M | -6.61M |
| Begin period cash flow | 2.07M | 2.36M | 1.91M | 4.19M | 10.80M |
| End period cash flow | 3.30M | 2.07M | 2.36M | 1.91M | 4.19M |
| Total cash from operating activities | 0.56M | -0.63M | 2.61M | -1.28M | -2.97M |
| Issuance of capital stock | - | 1.50M | - | 3.98M | 0.97M |
| Depreciation | 2.22M | 2.15M | 2.43M | 1.76M | 1.24M |
| Other cashflows from investing activities | - | 0.32M | -0.90M | -0.19M | -0.82M |
| Dividends paid | - | - | - | - | -0.51M |
| Change to inventory | 0.18M | -0.22M | -0.01M | -0.02M | 0.29M |
| Change to account receivables | -2.74M | -1.54M | 0.04M | 0.60M | 1.33M |
| Sale purchase of stock | - | -0.12M | -0.01M | -0.36M | -0.03M |
| Other cashflows from financing activities | -0.09M | 1.38M | -0.05M | -0.08M | 0.93M |
| Change to netincome | - | - | - | 0.03M | 0.85M |
| Capital expenditures | 0.32M | 1.06M | 2.20M | 2.03M | 2.56M |
| Change in working capital | -1.39M | -1.82M | 1.81M | -1.62M | -0.70M |
| Stock based compensation | - | 0.36M | 0.59M | - | - |
| Other non cash items | 2.62M | 1.30M | 3.15M | 1.28M | 3.46M |
| Free cash flow | 0.24M | -1.69M | 0.41M | -3.31M | -5.53M |
Sector: Healthcare Industry: Diagnostics & Research
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| IME Imexhs Ltd |
-0.01 4.35% |
0.33 | - | - | 0.60 | 1.07 | 0.54 | 7.10 |
| SHL Sonic Healthcare Ltd |
0.09 0.45% |
19.92 | 16.16 | 17.21 | 0.90 | 1.15 | 1.36 | 8.10 |
| IDX Integral Diagnostics Ltd |
- -% |
1.70 | 28.83 | 15.24 | 0.82 | 0.97 | 1.52 | 9.49 |
| ACL Australian Clinical Labs Ltd |
0.01 0.30% |
3.33 | 26.67 | 16.84 | 0.81 | 3.95 | 1.24 | 5.12 |
| HLS Healius Ltd |
0.01 2.86% |
0.54 | - | 29.24 | 0.26 | 2.08 | 0.94 | 10.14 |
ImExHS Limited offers cloud-based medical imaging solutions in Australia and internationally. The company operates in two segments: Software and Radiology. It offers medical imaging software that is focused on the development and sale of modular imaging systems, which include information systems for radiology, cardiology, and pathology, as well as a picture archiving and communications system. The company's solutions include AQUILA, a radiology software solution; ALULA, a pathology software solution; and ANTEROS, a cardiology software solution. It also provides radiological diagnostic services to hospitals and medical facilities; medical images and radiologists' interpretation; reports to develop artificial intelligence (AI) tools; and outsourced radiology services, as well as teleradiology services. ImExHS Limited was incorporated in 2001 and is based in Sydney, Australia.
| Name | Title | Year Born |
|---|---|---|
| Dr. German Arango | Co-Founder, CEO & Director | NA |
| Ms. Reena Minhas | CFO & Company Sec. | NA |
| Dr. Jorge Marin | Co-Founder & Chief Medical Officer | NA |
| Mr. Andres Vanegas | Co-Founder & Strategic Accounts Mang. | NA |
| Mr. Alexander Sanz | Co-Founder & CTO | NA |
| Mr. Alejandro Varettoni | Chief Sales Officer | NA |
| Dr. German Arango | Co-Founder, CEO, MD & Director | NA |
| Ms. Reena Minhas | CFO & Company Secretary | NA |
| Dr. German Arango | Co-Founder, CEO, MD & Director | NA |
| Ms. Reena Minhas | CFO & Company Secretary | NA |
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