Integrated Media Technology Ltd 6-K, filed Feb 10, 2026
Integrated Media Technology Ltd (IMTE)
About this 6-K
Integrated Media Technology Ltd filed this 6-K on February 10, 2026.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
Dated February 10, 2026
Commission File Number:
(Exact Name as Specified in its Charter)
N/A
(Translation of Registrant’s Name)
Suite 3 Level 3, 89 Pirie Street
Adelaide SA 5000 Australia
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Dated: February 10, 2026
| Integrated Media Technology Limited | ||
| By: | /s/ Con Unerkov | |
| Name: | Con Unerkov | |
| Title: | Chief Executive Officer and Director | |
1
EXHIBIT INDEX
| Exhibit | Description of Exhibit | |
| 99.1 | Interim Report - For the Six Months Ended June 30, 2025 | |
| 101.INS | Inline XBRL Instance Document | |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document | |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | |
| 101.DEF | Inline XBRL Taxonomy Extension Label Linkbase Document | |
| 101.LAB | Inline XBRL Taxonomy Extension Presentation Linkbase Document | |
| 101.PRE | Inline XBRL Taxonomy Extension Definition Linkbase Document | |
| 104 | Cover Page Interactive Data File formatted as Inline XBRL and contained in Exhibit 101 |
2
Safe Harbor Statement
This Form 6K release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding Integrated Media Technology Limited’s (IMTE) expectations, intentions, strategies, and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements because of various important factors, including those described in the Company’s most recent filings with the SEC. IMTE assumes no obligation to update publicly any such forward-looking statements, whether because of new information, future events or otherwise. For a more complete description of the risks that could cause our actual results to differ from our current expectations, please see the section entitled “Risk Factors” in IMTE’s annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE’s periodic filings with the SEC, which are accessible on the SEC’s website and at http://www.imtechltd.com.
3
Nasdaq (NASDAQ: IMTE)
Half Year Report - For the Six Months Ended June 30, 2025
Integrated Media Technology Limited (NASDAQ: IMTE) (“IMTE” or the “Company”) announces the release of its Interim Report for the six months ended June 30, 2025.
Presented In United States dollars (US$)
| For the Six Months Ended | ||||||||||||
| Key Information | June 30, 2025 | June 30, 2024 | % of Increase/ (Decrease) | |||||||||
| Revenue from operating activities | 50,580 | 43,732 | 16 | % | ||||||||
| (Loss) earnings before interest, tax, depreciation and amortization (“EBITDA”) | (51,225 | ) | 45,342 | (213 | )% | |||||||
| Loss from ordinary activities after tax attributable to shareholders | (514,087 | ) | (685,892 | ) | (25 | )% | ||||||
| Total comprehensive loss attributable to shareholders | (514,087 | ) | (685,892 | ) | (25 | )% | ||||||
| Basic and diluted loss per share | (0.15 | ) | (0.20 | ) | (25 | )% | ||||||
| Interim dividend | N/A | N/A | N/A | |||||||||
The revenue from operating activities for the six months ended June 30, 2025 was US$50,580 as compared to the revenue of US$43,732 for the six months ended June 30, 2024.
During the six months ended June 30, 2025, IMTE has recorded a loss of US$514,087 (2024: US$730,347). The decrease during the period was mainly due to the decrease in depreciation expense of approximately $394,000, the increase in finance cost of approximately $81,000 and the decrease in net gain on derivative financial instruments and warrants of approximately $178,000.
Please refer to Exhibit 99.1 for full text of our Interim Report for the six months ended June 30, 2025.
About Integrated Media Technology Limited (“IMTE”)
IMTE is an Australian investment holding company and its subsidiaries carry out the business of the Group in Australia, Korea, and Malaysia. The Company operates as one business segment. For more information, please visit www.imtechltd.com.
Investor Relations Contact:
Email: corporate@imtechltd.com
4
Exhibit 99.1
INTEGRATED MEDIA TECHNOLOGY LIMITED
ACN 132 653 948
Interim Report
June 30, 2025
Contents
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page i |
INTEGRATED MEDIA TECHNOLOGY
LIMITED
UNAUDITED Condensed Consolidated StatementS of PROFIT OR LOSS AND OTHER
COMPREHENSIVE LOSS
FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024
| Group | ||||||||||
| June 30 | June 30 | |||||||||
| 2025 | 2024 | |||||||||
| Notes | US$ | US$ | ||||||||
| Revenue, net | 3 | |||||||||
| Cost of sales | ( | ) | ( | ) | ||||||
| Gross profit | ||||||||||
| Interest income | ||||||||||
| Other income | 4 | |||||||||
| Gain on fair value change in derivative financial instruments | ||||||||||
| EXPENSES | ||||||||||
| Depreciation and amortization | ( | ) | ||||||||
| Employee benefit expenses | ( | ) | ( | ) | ||||||
| Exchange loss, net | ( | ) | ( | ) | ||||||
| Finance costs | 5 | ( | ) | ( | ) | |||||
| Other operating expenses | ( | ) | ( | ) | ||||||
| Professional and consulting expenses | ( | ) | ( | ) | ||||||
| Gain on fair value change in warrant liabilities | ||||||||||
| Total expenses | ( | ) | ( | ) | ||||||
| LOSS BEFORE INCOME TAX | ( | ) | ( | ) | ||||||
| Income tax expense | 6(a) | |||||||||
| LOSS FOR THE PERIOD | ( | ) | ( | ) | ||||||
| Loss for the period attributable to: | ||||||||||
| Equity shareholders of Integrated Media Technology Limited | ( | ) | ( | ) | ||||||
| Non-controlling interest | ( | ) | ||||||||
| ( | ) | ( | ) | |||||||
| Loss per share | ||||||||||
| - Basic and diluted | 8 | ( | ) | ( | ) | |||||
The accompanying notes form part of these unaudited condensed consolidated financial statements.
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 1 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
UNAUDITED Condensed Consolidated StatementS of Financial POSITION
AS OF JUNE 30, 2025 AND DECEMBER 31, 2024
| Group | ||||||||||
| June 30 | December 31 | |||||||||
| 2025 | 2024 | |||||||||
| Notes | US$ | US$ | ||||||||
| ASSETS | ||||||||||
| CURRENT ASSETS | ||||||||||
| Cash and cash equivalents | ||||||||||
| Trade receivables | ||||||||||
| Other receivables | ||||||||||
| Total current assets | ||||||||||
| NON-CURRENT ASSETS | ||||||||||
| Other assets – equipment deposits | 9 | |||||||||
| Total assets | ||||||||||
| LIABILITIES | ||||||||||
| CURRENT LIABILITIES | ||||||||||
| Trade and other payables | 10 | |||||||||
| Derivative financial instrument | 11 | |||||||||
| Convertible promissory note | 12 | |||||||||
| Warrant liability | ||||||||||
| Total current liabilities | ||||||||||
| NON-CURRENT LIABILITIES | ||||||||||
| Derivative financial instrument | 11 | |||||||||
| Convertible promissory note | 12 | |||||||||
| Warrant liability | ||||||||||
| Total non-current liabilities | ||||||||||
| TOTAL LIABILITIES | ||||||||||
| NET CURRENT LIABILITIES | ( | ) | ( | ) | ||||||
| NET ASSETS | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Issued capital ( par value | 13 | |||||||||
| Accumulated losses | ( | ) | ( | ) | ||||||
| Equity attributable to shareholders of Integrated Media Technology Limited | ||||||||||
| Non-controlling interest | ( | ) | ( | ) | ||||||
| TOTAL EQUITY | ||||||||||
The accompanying notes form part of these unaudited condensed consolidated financial statements.
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 2 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
| Attributable to Owners of the Company | ||||||||||||||||||||||||
| Group | Issued Capital | Accumulated Losses | Paid in Capital | Total | Non- Controlling Interest | Total Equity | ||||||||||||||||||
| US$ | US$ | US$ | US$ | US$ | US$ | |||||||||||||||||||
| Balance as of January 1, 2024 | ( | ) | ( | ) | ||||||||||||||||||||
| Loss for the period | ( | ) | ( | ) | ( | ) | ( | ) | ||||||||||||||||
| Paid in capital released on expiry of warrants | ( | ) | ||||||||||||||||||||||
| Issuance of shares for cash | ||||||||||||||||||||||||
| Balance as of June 30, 2024 | ( | ) | ( | ) | ||||||||||||||||||||
| Balance as of January 1, 2025 | ( | ) | ( | ) | ||||||||||||||||||||
| Loss for the period | ( | ) | ( | ) | ( | ) | ||||||||||||||||||
| Issuance of ordinary shares for services | ||||||||||||||||||||||||
| Balance as of June 30, 2025 | ( | ) | ( | ) | ||||||||||||||||||||
The accompanying notes form part of these unaudited condensed consolidated financial statements.
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 3 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024
| Group | ||||||||||
| June 30 | June 30 | |||||||||
| 2025 | 2024 | |||||||||
| Notes | US$ | US$ | ||||||||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||||||||
| Net loss before tax | ( | ) | ( | ) | ||||||
| Adjustments to reconcile net loss to net cash provided by / (used in) operating activities: | ||||||||||
| Depreciation and amortization | ||||||||||
| Fair value change in derivative financial instruments | ( | ) | ( | ) | ||||||
| Change in fair value of warrant liabilities | ( | ) | ||||||||
| Finance costs for convertible notes | ||||||||||
| Net cash inflows / (outflows) changes in working capital | 17 | ( | ) | |||||||
| NET CASH PROVIDED BY / (USED IN) OPERATING ACTIVITIES | ( | ) | ||||||||
| CASH FLOWS FROM FINANCING ACTIVITIES | ||||||||||
| Net proceeds from issuance of ordinary shares | - | |||||||||
| NET CASH PROVIDED BY FINANCING ACTIVITIES | ||||||||||
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | ( | ) | ||||||||
| CASH AND CASH EQUIVALENTS AT THE BEGINNING OF PERIOD | ||||||||||
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | ||||||||||
| Analysis of cash and cash equivalents: | ||||||||||
| Cash and cash equivalents | ||||||||||
| Supplemental schedule of non cash investment and financing activities: | ||||||||||
| Issuance of shares for services | ||||||||||
| Paid in capital release to accumulated losses on expiry of warrants | ||||||||||
The accompanying notes form part of these unaudited condensed consolidated financial statements.
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 4 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 1. | BASIS OF PREPARATION OF UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS |
The unaudited condensed consolidated financial statements are general purpose financial statements, which have been prepared in accordance with International Financial Reporting Standards (“IFRSs”) IAS 34 “Interim Financial Reporting”.
The unaudited condensed consolidated financial statements do not include all the notes of the type normally included in annual financial statements. Accordingly, these unaudited condensed consolidated financial statements are to be read in conjunction with the annual report for the financial year ended December 31, 2024 and any public announcements made by Integrated Media Technology Limited during the interim reporting period.
The unaudited condensed consolidated financial statements have been prepared on the accrual basis and are based on historical cost modified by the revaluation of selected non-current assets, financial assets and financial liabilities for which the fair value basis of accounting has been applied.
The Company and its subsidiaries are referred to as the “Group”.
The Group incurred a net loss of US$
Going Concern
The Group’s unaudited consolidated
financial statements are prepared using International Financial Reporting Standards as issued by the International Accounting Standards
Board applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of
business. The Group has not yet established an ongoing source of revenue sufficient to cover its operating costs and allow it to continue
as a going concern. As of June 30, 2025, the Group had accumulated losses of US$
For the period under review until the date of this report, the Group has not raised any funds from the capital and debt markets. The Group will be required to generate revenues and profits to sustain ongoing operation cash requirements; short of which the Group will need to continue to build its capital base to fund its business plans.
To continue as a going concern, the Group will need continual short-term borrowings for our working and operating capital. In the longer term, the Group is dependent upon its ability, and will continue to attempt to secure additional equity and/or debt financing until the Group can earn revenue and realize positive cash flow from its operations.
There are no assurances that the Group will be successful in earning revenue and realizing positive cash flow from its operations. Without sufficient financing it would be unlikely that the Group will continue as a going concern.
Based on the Group’s current rate of cash outflows, cash on hand and short term borrowings, management believes that its current cash may not be sufficient to meet the anticipated cash needs for working capital for the next twelve months.
The Group’s plans with respect to its liquidity issues include, but are not limited to, the following:
| (a) | Continue to raise financing through the sale of its equity and/or debt securities; |
| (b) | Seek additional capital in the public equity markets to continue its operations as it rolls out its current products in development, respond to competitive pressures, develop new products and services, and support new strategic partnerships. The Group is currently evaluating additional equity financing opportunities and may execute them when appropriate. However, there can be no assurances that the Group can consummate such a transaction, or consummate a transaction at favorable pricing. |
The ability of the Group to continue as a going concern is dependent upon its ability to successfully accomplish the plans described in the preceding paragraphs and eventually secure other sources of financing and achieve profitable operations.
These unaudited consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.
The principal accounting policies adopted are consistent with those of the previous financial year and corresponding interim reporting period, unless otherwise stated.
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 5 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 1. | BASIS OF PREPARATION OF UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued) |
The unaudited condensed consolidated financial statements of the Group are presented in United States Dollars (“USD” or “US$”), unless otherwise stated.
Foreign Currency Translation
| (i) | Functional and presentation currency |
Items included in the unaudited condensed consolidated financial statements of each of the Group’s entities are measured using the currency of the primary economic environment in which the entity operates (the “functional currency”). The consolidated financial statements are presented in United States dollars (“USD” or “US$” or “$”), which is the Group’s presentation currency.
| (ii) | Transactions and balances |
Foreign currency transactions during the period are translated at the foreign exchange rates ruling at the transaction dates. Monetary assets and liabilities denominated in foreign currencies are translated at the foreign exchange rates ruling at the end of the reporting period. Exchange gains and losses are recognized in profit or loss, except those arising from foreign currency borrowings used to hedge a net investment in a foreign operation which are recognized in other comprehensive loss.
Non- monetary assets and liabilities that are measured in terms of historical cost in a foreign currency are translated using the foreign exchange rates ruling at the transaction dates. Non-monetary assets and liabilities denominated in foreign currencies that are stated at fair value are translated using the foreign exchange rates ruling at the dates the fair value was measured.
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 6 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 1. | BASIS OF PREPARATION OF UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued) |
| (iii) | Group companies |
The results of foreign operations whose functional currency is its home currency are translated into United States Dollars at the exchange rates approximating the foreign exchange rates ruling at the dates of the transactions. Statement of financial position items, are translated into United States Dollars at the closing foreign exchange rates at the end of the reporting period. The resulting exchange differences are recognized in other comprehensive income and accumulated separately in equity in the exchange reserve.
On disposal of such a foreign operation, the cumulative amount of the exchange differences relating to that foreign operation is reclassified from equity to profit or loss when the profit or loss on disposal is recognized.
New, revised or amended Accounting Standards and Interpretations adopted
| (a) | Initial application of the amendments to the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) (collectively, “IFRS Accounting Standards”) endorsed and issued into effect by the Financial Supervisory Commission (FSC). |
The initial application of the amendments to the IFRS Accounting Standards endorsed and issued into effect by the FSC did not have a material impact on the accounting policies of IMTE and its subsidiaries (collectively as the “Company”).
| (b) |
| New or Amended Standard Forthcoming requirements | Title of the Standard | Effective for Annual Periods Beginning on or After | ||
| Classification and measurement of Financial Statements | Amendments to IFRS 7 and IFRS 9 | |||
| Annual Improvements to IFRS | Annual Improvements to IFRS Accounting Standards Volume 11 | |||
| Presentation and Disclosures of Financial Statements | IFRS 18 | |||
| Subsidiaries without Public Accountability: Disclosures | IFRS 19 |
The amendments listed above did not have any impact on the amounts recognised in prior periods and are not expected to significantly affect the current or future periods.
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 7 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 2. | USE OF JUDGEMENTS AND ESTIMATES |
In preparing these interim unaudited condensed consolidated financial statements, management has made judgements and estimates that affect the application of accounting policies and the reported amounts of assets and liabilities, income and expense. Actual results may differ from these estimates.
Recognition of impairment losses- An impairment loss is recognized in profit or loss if the carrying amount of an asset, or the cash-generating unit to which it belongs, exceeds its recoverable amount. Impairment losses recognized in respect of cash-generating units are allocated first to reduce the carrying amount of any goodwill allocated to the cash-generating unit (or group of units) and then, to reduce the carrying amount of the other assets in the unit (or group of units) on a pro rata basis, except that the carrying value of an asset will not be reduced below its individual fair value less costs of disposal (if measurable) or value in use (if determinable).
Reversals of impairment losses- In respect of assets other than goodwill, an impairment loss is reversed if there has been a favorable change in the estimates used to determine the recoverable amount. An impairment loss in respect of goodwill is not reversed.
Any excess of the cost of acquisition over the Company’s share of the net fair value of the identifiable assets, liabilities and contingent liabilities of an associate recognised at the date of acquisition is recognised as goodwill, which is included within the carrying amount of the investment. Any excess of the Company’s share of the net fair value of the identifiable assets, liabilities and contingent liabilities over the cost of acquisition, after reassessment, is recognised immediately in profit or loss.
The significant judgements made by management in applying the Group’s accounting policies and the key sources of estimation uncertainty were the same as those described in the most recent annual consolidated financial statements.
| 3. | REVENUE |
| Group | ||||||||
| Six Months Ended June 30 2025 | Six Months Ended June 30 2024 | |||||||
| US$ | US$ | |||||||
| Sales of Halal products and services | ||||||||
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 8 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 4. | OTHER INCOME |
| Group | ||||||||
| Six Months Ended June 30 2025 |
Six Months Ended June 30 2024 |
|||||||
| US$ | US$ | |||||||
| Sundry income | ||||||||
| 5. | FINANCE COSTS |
| Group | ||||||||
| Six Months Ended June 30 2025 | Six Months Ended June 30 2024 | |||||||
| US$ | US$ | |||||||
| Interest on convertible promissory notes | ||||||||
| 6. | INCOME TAX EXPENSE |
| Group | ||||||||
| Six Months Ended June 30 2025 |
Six Months Ended June 30 2024 |
|||||||
| US$ | US$ | |||||||
| Current tax expense | ||||||||
| Income tax expense – Note 6(a) | ||||||||
| (a) |
| Group | ||||||||
| Six Months Ended June 30 2025 | Six Months Ended June 30 2024 | |||||||
| US$ | US$ | |||||||
| Numerical reconciliation of income tax expense to prima-facie tax payable | ||||||||
| Loss before income tax | ( | ) | ( | ) | ||||
| Income tax benefit on loss before income tax at | ( | ) | ( | ) | ||||
| Difference in overseas tax rates | ||||||||
| Less the tax effect of: | ||||||||
| Tax losses and temporary differences for the period for which no deferred tax is recognized | ||||||||
| Income tax expense | ||||||||
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 9 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 6. | INCOME TAX EXPENSE (Continued) |
| (b) |
| Group | ||||||||
| June 30 2025 | December 31 2024 | |||||||
| US$ | US$ | |||||||
| Balance brought forward | ||||||||
| Exchange rate difference | ||||||||
| Balance carried forward | ||||||||
| 7. | DIVIDENDS |
dividends were declared and paid during the six months ended June 30, 2025 (2024: ).
| 8. | LOSS PER SHARE |
| Group | ||||||||
| Six Months Ended June 30 2025 |
Six Months Ended June 30 2024 |
|||||||
| US$ | US$ | |||||||
| Basic and diluted loss per share | ( |
) | ( |
) | ||||
| Loss after income tax attributable to shareholders | ( |
) | ( |
) | ||||
| Six Months Ended June 30 2025 | Six Months Ended June 30 2024 | |||||||
| No. of shares | No. of shares | |||||||
| Weighted average number of ordinary shares as of January 1 | ||||||||
| Weighted average of shares issued during the period | ||||||||
| Weighted average number of ordinary shares as of June 30 | ||||||||
The loss per share was calculated based
on the weighted average of
| 9. | EQUIPMENT DEPOSIT |
| Group | ||||||||
| June 30 2025 | December 31 2024 | |||||||
| US$ | US$ | |||||||
| Carrying value as at beginning of period | ||||||||
| Addition during the period | ||||||||
| Carrying value as at end of period | ||||||||
The equipment deposit is for the
lamination equipment for the manufacturing of smartglass. In 2023, the Company paid a further deposit of $
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 10 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 10. | TRADE AND OTHER PAYABLES |
| Group | ||||||||
| June 30 2025 | December 31 2024 | |||||||
| US$ | US$ | |||||||
| Trade payables | ||||||||
| Other payables | ||||||||
| Account due to directors (i) | ||||||||
| (i) |
| 11. | DERIVATIVE FINANCIAL INSTRUMENTS |
| Group | ||||||||
| Six Months Ended June 30 2025 | Year Ended December 31 2024 | |||||||
| US$ | US$ | |||||||
| Derivative financial liabilities: | ||||||||
| Carrying value as at beginning of period | ||||||||
| Fair value change of derivative | ( | ) | ( | ) | ||||
| Derivatives embedded in the convertible promissory note issued | ||||||||
| Carrying value as at end of period | ||||||||
| 12. | CONVERTIBLE PROMISSORY NOTES |
| Group | ||||||||
| June 30 | December 31 | |||||||
| 2025 | 2024 | |||||||
| US$ | US$ | |||||||
| Convertible promissory notes: | ||||||||
| Face value of convertible promissory note issued in November 2023 (note i) | ||||||||
| Face value of convertible promissory note issued in July 2024 (note ii) | ||||||||
| Derivatives embedded in the convertible promissory note issued (Note 11) | ( | ) | ( | ) | ||||
| Liability component on initial recognition | ||||||||
| Interest accrued | ||||||||
| Carrying value as at end of period | ||||||||
Note i
In November 2023, the Company issued
a US$
Note ii
In July 2024, the Company issued a US$
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 11 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 13. | ISSUED CAPITAL |
| Company | ||||||||||||||||
| June 30, | December 31, | |||||||||||||||
| 2025 | 2024 | |||||||||||||||
| Number of shares | US$ | Number of shares | US$ | |||||||||||||
| Ordinary Shares fully paid | ||||||||||||||||
| Number of Shares | US$ | |||||||
| December 31, 2024 and January 1, 2025 | ||||||||
| Issuance of shares for services | ||||||||
| June 30, 2025 | ||||||||
There is only one class of shares on issue being ordinary fully paid shares. Holders of ordinary shares are treated equally in all respects regarding voting rights and with respect to the participation in dividends and in the distribution of surplus assets upon a winding up. The fully paid ordinary shares have no par value.
| (c) | Options on issue |
There were no share options issued and outstanding during and at the end of the financial period.
| (d) | Convertible notes |
On October 24, 2023,
the Company entered into convertible note purchase agreements with Nextglass Solutions, Inc raising a total of US$
On July 17, 2024, the Company entered
into a Convertible Note and Warrants Purchase Agreement for Montague Capital Pty Ltd to raise US$
In addition, the noteholder shall receive
a warrant representing
| (e) | Warrants |
On July 22, 2024 in connection with
the Convertible Note and Warrants Purchase Agreement, the Company issued to the noteholder warrants to purchases a total of
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 12 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 14. | COMMITMENTS |
As of June 30, 2025 and December 31, 2024 the Group had no commitments.
| 15. | CONTROLLED ENTITIES |
As at June 30, 2025, the significant entities controlled by the Company are as follows:
| Country of Incorporation | Percentage Owned | |||||
| June 30, 2025 | December 31, 2024 | |||||
| Parent Entity: | ||||||
| Integrated Media Technology Limited | ||||||
| Subsidiaries of Integrated Media Technology Limited: | ||||||
| CIMC Marketing Pty. Limited | ||||||
| IMTE Asia Limited # | ||||||
| Merit Stone Limited | ||||||
| Ohho International Limited | ||||||
| Sunup Korea Limited | ||||||
| # | Disposal during the period |
| 16. | RELATED PARTY TRANSACTIONS |
The total remuneration paid or payable to the directors and senior management of the Group during the period are as follows:
| Group | ||||||||
| Six Months Ended June 30 2025 | Six Months Ended June 30 2024 | |||||||
| US$ | US$ | |||||||
| Short term benefits | ||||||||
Equipment deposits in the amount of
$
Other receivables in the amount of
$
On October 24, 2023, the Company entered
into convertible note purchase agreements with Nextglass Solutions, Inc raising a total of US$
On July 22, 2024, the Company entered
into a Convertible Note and Warrants Purchase Agreement for Montague Capital Pty Ltd to raise US$
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 13 of 14 |
INTEGRATED MEDIA TECHNOLOGY LIMITED
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
| 17. | CASH FLOW INFORMATION |
| Group | ||||||||
| Six Months Ended June 30 2025 | Six Months Ended June 30 2024 | |||||||
| US$ | US$ | |||||||
| CASH FLOWS FROM CHANGES IN WORKING CAPITAL | ||||||||
| (Increase) / decrease in assets: | ||||||||
| Trade receivables | ( | ) | ||||||
| Other receivables | ( | ) | ||||||
| Increase in liabilities: | ||||||||
| Trade and other payables | ||||||||
| NET CASH FLOWS FROM CHANGES IN WORKING CAPITAL | ( | ) | ||||||
| 18. | EVENTS OCCURRING AFTER THE REPORTING DATE |
Except as disclosed below, there is no other matter or circumstance arisen since June 30, 2025, which has significantly affected, or may significantly affect the operation of the Group, the results of those operations, or the state of affairs of the Group in subsequent financial years.
| (a) | On August 8, 2025 the Company’s management was notified that the Australian Securities and Investments Commission (“ASIC”) had commenced proceedings in the Magistrates Court in Adelaide, South Australia, for failing to lodge annual reports for the years 2020, 2021, 2022, and 2023 and interim reports for the years 2021, 2022, 2023, and 2024 with ASIC (together the “Reports”). The Company understands it was convicted following an ex parte hearing (a hearing which the Company did not attend). On December 9, 2025 the magistrate courts imposed a penalty of A$ | |
| (b) | On September 25, 2025, the Company redeemed the $ |
| Integrated Media Technology Limited | Interim Report | June 30, 2025 | Page 14 of 14 |