Innovative MedTech Inc (IMTH)

Name: Innovative MedTech Inc Financial Statements
Creator: Quarter Results

Healthcare | Medical Instruments Supplies

Latest reporting period: 2024-12-31

Latest Quarter

2024-12-31

Revenue

$0.0

Net Income

-$1.1M

Operating Margin

N/A

Free Cash Flow

$3.1M

Debt / Assets

520.5%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Innovative MedTech Inc (IMTH).
Income Statement (Quarterly)	2024-12-31	2024-09-30	2024-06-30	2024-03-31
Revenue	0	428,384	456,361	455,164
Cost of Revenue	0	239,260	14,460	15,197
Gross Profit	0	189,124	441,901	439,967
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	1,074,176	1,241,759	3,525,000	865,194
Operating Expenses	1,074,176	1,255,128	3,525,000	1,342,000
Operating Income	-1,074,176	-826,744	-3,069,000	-902,000
Interest Expense	33,572	50,673	59,665	38,644
Income Before Tax	-1,109,040	-883,531	-6,676,000	-910,000
Income Tax Expense	0	0	0	0
Net Income	-1,124,333	-883,531	-6,676,000	-910,000
Per Share
EPS	-0.04	-0.03	-0.28	-0.04
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Innovative MedTech Inc (IMTH).
Income Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Revenue	0	1,825,000	1,725,000	1,297,613	349,143
Cost of Revenue	0	66,000	56,729	70,025	0
Gross Profit	0	794,013	1,668,000	1,227,588	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	542,744	1,196,000	5,292,000	19,555,706	1,058,018
Operating Expenses	2,728,979	6,099,000	5,349,000	19,555,706	1,058,018
Operating Income	-2,728,979	-4,274,000	-3,624,000	-18,258,093	-708,875
Interest Expense	-54,304	199,075	221,801	191,472	172,286
Income Before Tax	1,268,903	-7,939,000	-3,648,000	-18,058,354	-3,264,957
Income Tax Expense	0	0	394,922	-210,391	0
Net Income	1,268,903	-7,939,000	-3,648,000	-17,847,963	-3,264,957
Per Share
EPS	0.03	-0.33	-0.17	-1.07	-1.54
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Innovative MedTech Inc (IMTH).
Balance Sheet (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Assets
Cash and Cash Equivalents	13,616	113,489	157,589	301,337
Short Term Investments	0	0	0	0
Net Receivables	0	170,290	233,935	213,574
Inventory	0	0	-9,294	-27,289
Total Current Assets	22,910	283,779	393,774	514,911
Property Plant Equipment	0	360,141	727,951	942,907
Goodwill and Intangibles	0	0	3,321,146	3,335,510
Total Assets	250,410	651,881	4,449,587	4,800,044
Liabilities
Account Payables	0	1,317,085	1,164,708	1,594,503
Short Term Debt	649,205	1,667,379	1,496,860	1,446,125
Total Current Liabilities	1,303,443	4,108,306	3,575,716	3,852,427
Long Term Debt	0	526,537	682,408	898,504
Total Liabilities	1,303,443	6,134,843	5,757,973	6,210,483
Shareholders Equity
Retained Earnings	-43,292,307	-44,561,210	-36,622,313	-32,974,366
Total Shareholders Equity	-1,053,033	-5,482,962	-1,308,386	-1,410,439

Balance sheet annual history for Innovative MedTech Inc (IMTH).
Balance Sheet (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Assets
Cash and Cash Equivalents	13,616	113,489	157,589	301,337	433,435
Short Term Investments	0	0	0	0	0
Net Receivables	0	170,290	233,935	213,574	242,008
Inventory	0	0	-9,294	-27,289	0
Total Current Assets	22,910	283,779	393,774	514,911	677,188
Property Plant Equipment	0	360,141	727,951	942,907	1,083,101
Goodwill and Intangibles	0	0	3,321,146	3,335,510	3,473,264
Total Assets	250,410	651,881	4,449,587	4,800,044	5,243,884
Liabilities
Account Payables	0	1,317,085	1,164,708	1,594,503	775,969
Short Term Debt	649,205	1,667,379	1,496,860	1,446,125	1,231,938
Total Current Liabilities	1,303,443	4,108,306	3,575,716	3,852,427	2,792,271
Long Term Debt	0	526,537	682,408	898,504	1,007,058
Total Liabilities	1,303,443	6,134,843	5,757,973	6,210,483	5,299,329
Shareholders Equity
Retained Earnings	-43,292,307	-44,561,210	-36,622,313	-32,974,366	-14,916,012
Total Shareholders Equity	-1,053,033	-5,482,962	-1,308,386	-1,410,439	-55,445

Cash flow quarterly history for Innovative MedTech Inc (IMTH).
Cash Flow Statement (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Operating Activities
Net Income	1,268,903	-7,938,897	-3,647,947	-18,058,354
Depreciation & Amortization	16,056	66,000	56,440	68,969
Stock Based Compensation	252,977	1,725,503	0	16,703,360
Change in Working Capital	0	431,176	3,406,927	864,695
Operating Cash Flow	3,079,686	-183,131	-168,972	-582,878
Investing Activities
Capital Expenditure	0	-50,673	-12,592	-46,363
Investments	0	-50,673	-12,592	-46,363
Investing Cash Flow	-127,500	-50,673	5,403	-10,199
Financing Activities
Debt Repayment	0	189,704	-94,679	-66,074
Common Stock Issued/Repurchased	0	0	0	0
Dividends Paid	0	0	0	0
Financing Cash Flow	352,974	189,704	19,821	460,979
Summary
Free Cash Flow	3,079,686	-233,804	-181,564	-629,241
Net Change in Cash	12,743	-44,100	-143,748	-132,098

Cash flow annual history for Innovative MedTech Inc (IMTH).
Cash Flow Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Operating Activities
Net Income	1,268,903	-7,938,897	-3,647,947	-18,058,354	-3,264,957
Depreciation & Amortization	16,056	66,000	56,440	68,969	9,638
Stock Based Compensation	252,977	1,725,503	0	16,703,360	0
Change in Working Capital	0	431,176	3,406,927	864,695	606,685
Operating Cash Flow	3,079,686	-183,131	-168,972	-582,878	28,100
Investing Activities
Capital Expenditure	0	-50,673	-12,592	-46,363	0
Investments	0	-50,673	-12,592	-46,363	0
Investing Cash Flow	-127,500	-50,673	5,403	-10,199	-1,561,837
Financing Activities
Debt Repayment	0	189,704	-94,679	-66,074	-208,591
Common Stock Issued/Repurchased	0	0	0	0	1,602,095
Dividends Paid	0	0	0	0	0
Financing Cash Flow	352,974	189,704	19,821	460,979	1,966,406
Summary
Free Cash Flow	3,079,686	-233,804	-181,564	-629,241	28,100
Net Change in Cash	12,743	-44,100	-143,748	-132,098	432,669