IMTE in three months: buy, wait or sell?
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Integrated Media Technology Limited provides businesses with halal-process consulting and certification services and trades halal products. Its limited revenue comes entirely from halal products and services, mainly process consulting. Two customers account for all revenue, so the business currently depends heavily on their orders and payments. It plans to source halal products from manufacturers for resale and use distributors to reach buyers.
The company also plans to laminate switchable glass for sale, either through its own manufacturing operation or with operating partners. Starting that business depends on additional funding, and production relies on a film manufacturer for the inner layer of the glass. Local building codes restrict where its glass can be used. The company also needs further financing to carry out its broader business plans.
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Integrated Media Technology Limited’s results hinge on its tiny, concentrated Halal-products and consulting business serving demand in Malaysia and on securing resources to develop smartglass lamination, rather than on the supplied electronics companies.
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