MITQ - Moving iMage Technologies, Inc. Stock Price, Fair Value and News

0.52USD+0.02 (+4.00%)Delayed

Market Summary

USD0.52+0.02

Delayed

4.00%

MITQ Stock Price

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MITQ RSI Chart

MITQ Valuation

Market Cap

5.3M

Price/Earnings (Trailing)

-2.32

Price/Sales (Trailing)

0.27

EV/EBITDA

0.29

Price/Free Cashflow

8.87

MITQ Price/Sales (Trailing)

MITQ Profitability

EBT Margin

-11.66%

Return on Equity

-36.13%

Return on Assets

-17.98%

Free Cashflow Yield

11.27%

MITQ Fundamentals

MITQ Revenue

Revenue (TTM)

19.6M

Rev. Growth (Yr)

3.98%

Rev. Growth (Qtr)

19.14%

MITQ Earnings

Earnings (TTM)

-2.3M

Earnings Growth (Yr)

-41.75%

Earnings Growth (Qtr)

24.31%

Breaking Down MITQ Revenue

Last 30 days

-1.9%

Last 90 days

-20%

Trailing 12 Months

-48.5%

How does MITQ drawdown profile look like?

MITQ Financial Health

Current Ratio

1.88

MITQ Investor Care

Buy Backs (1Y)

6.67%

Diluted EPS (TTM)

-0.21

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	19.6M	0	0	0
2023	20.1M	20.2M	21.0M	19.4M
2022	14.9M	18.4M	20.7M	22.2M
2021	0	7.2M	9.0M	10.8M
2020	0	0	0	0

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Tracking the Latest Insider Buys and Sells of Moving iMage Technologies, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 28, 2024	delgado jose	sold	-33,073	0.667	-49,586	evp sales & marketing
Sep 25, 2023	crothall katherine d	acquired	720	0.8	900	-
May 26, 2023	stiska john	acquired	11,000	1.1	10,000	-
May 26, 2023	crothall katherine d	acquired	11,000	1.1	10,000	-
May 26, 2023	anderson scott lloyd	acquired	-	-	10,000	-
Jul 21, 2022	sherman michael r.	acquired	-	-	100,000	cfo
May 27, 2022	rafnson philip l.	bought	49,877	1.1961	41,700	ceo, pres.
May 19, 2022	wright bevan	bought	12,500	1.25	10,000	evp operations

Which funds bought or sold MITQ recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	CITADEL ADVISORS LLC	new	-	15,388	15,388	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	unchanged	-	-9,521	9,663	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	0.86	-3,414	3,526	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-106	-	-%
May 15, 2024	STATE STREET CORP	unchanged	-	-10,639	10,798	-%
May 13, 2024	RENAISSANCE TECHNOLOGIES LLC	reduced	-10.1	-19,000	15,000	-%
May 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	unchanged	-	-34,410	34,923	-%
May 13, 2024	HRT FINANCIAL LP	sold off	-100	-20,000	-	-%
May 10, 2024	VANGUARD GROUP INC	reduced	-23.61	-30,149	18,854	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	1.72	-27.00	28.00	-%

Are Funds Buying or Selling MITQ?

Are funds buying MITQ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MITQ

No. of Funds

Unveiling Moving iMage Technologies, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 15, 2022	wright bevan	5.6%	590,630	SC 13G/A
Feb 14, 2022	rafnson philip l.	19.1%	2,033,128	SC 13G
Feb 14, 2022	wright bevan	5.6%	590,630	SC 13G

Recent SEC filings of Moving iMage Technologies, Inc.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	8-K	Current Report
May 15, 2024	10-Q	Quarterly Report
Apr 02, 2024	8-K	Current Report
Mar 14, 2024	8-K	Current Report
Mar 05, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading
Feb 14, 2024	8-K	Current Report
Feb 14, 2024	10-Q	Quarterly Report

Peers (Alternatives to Moving iMage Technologies, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.2B	57.2B	0.84%	-0.02%	14.52	3.41	7.66%	18.93%
ANET	100.2B	6.1B	23.38%	126.13%	43.8	16.49	25.22%	50.89%
HPQ	30.6B	53.1B	12.68%	1.50%	8.95	0.58	-11.04%	34.01%
HPE	23.2B	29.1B	4.87%	23.94%	11.47	0.8	2.24%	133.29%
LOGI	13.8B	4.3B	13.89%	41.09%	22.55	3.21	-5.30%	67.91%
JNPR	11.3B	5.3B	-5.04%	17.70%	50.26	2.11	-2.96%	-55.26%
MID-CAP
UI	8.8B	1.9B	37.99%	-15.28%	25.3	4.63	1.03%	-11.76%
BDC	3.8B	2.4B	13.60%	9.12%	21.17	1.58	-8.79%	-36.23%
LITE	3.1B	1.4B	9.65%	-2.83%	-8.78	2.19	-21.81%	-865.12%
SMALL-CAP
EXTR	1.5B	1.2B	4.94%	-36.59%	-239.63	1.24	-0.19%	-110.91%
AAOI	456.4M	205.3M	-2.09%	570.29%	-7.25	2.22	-8.19%	5.55%
ADTN	417.7M	1.1B	13.55%	-38.68%	-0.76	0.4	-12.01%	-1246.95%
ALOT	135.5M	148.1M	4.92%	16.09%	28.87	0.92	3.90%	76.40%
AIRG	56.5M	53.8M	-4.90%	-	-4.7	1.05	-28.06%	-33.67%
AKTS	34.5M	29.9M	-30.00%	-88.82%	-0.45	1.16	39.86%	-24.01%

Moving iMage Technologies, Inc. News

Latest updates

Moving iMage Technologies, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Revenue	19.1%	3,890,000	3,265,000	6,635,000	5,771,500	3,741,000	4,843,000	5,852,000	5,623,000	5,835,000	3,419,000	3,474,000	2,171,000	1,710,000	1,609,000	1,757,000
Gross Profit	-10.9%	676,000	759,000	1,819,000	1,397,500	1,042,000	1,312,000	1,559,000	1,476,000	1,367,000	896,000	722,000	399,000	416,000	421,000	453,000
Operating Expenses	-16.6%	1,325,000	1,589,000	1,435,000	2,757,500	1,568,000	1,450,000	1,511,000	1,927,000	1,498,000	1,538,000	1,261,000	1,005,500	708,000	777,000	760,000
S&GA Expenses	-12.9%	547,000	628,000	542,000	763,000	663,000	594,000	610,000	735,500	539,000	571,000	544,000	524,000	277,000	374,000	283,000
R&D Expenses	1.4%	73,000	72,000	67,000	67,000	66,000	61,000	66,000	66,000	53,000	65,000	54,000	49,000	42,000	34,000	27,000
EBITDA Margin	-7.8%	-0.11	-0.11	-0.06	-0.09	-0.06	-0.01	-0.04	-0.07	-0.03	-0.10	-0.06	-0.04	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	2,000	-	38,000	72,000	57,000	25,000	83,000
Earnings Before Taxes	24.3%	-601,000	-794,000	439,000	-1,325,500	-424,000	46,000	-95,000	-718,000	593,000	-644,000	-577,000	46,000	-164,000	-157,000	-370,000
EBT Margin	-7.6%	-0.12	-0.11	-0.06	-0.09	-0.06	-0.01	-0.04	-0.07	-0.04	-0.12	-0.10	-0.09	-	-	-
Net Income	24.3%	-601,000	-794,000	439,000	-1,326,500	-424,000	46,000	-95,000	-718,000	593,000	-644,000	-577,000	14,500	593,000	-644,000	-577,000
Net Income Margin	-7.6%	-0.12	-0.11	-0.06	-0.09	-0.06	-0.01	-0.04	-0.07	-0.04	-0.06	-0.07	-0.08	-	-	-
Free Cashflow	187.9%	1,027,000	-1,168,000	-208,000	946,000	17,000	-687,000	-22,000	-2,473,000	1,913,000	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet												(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2
Assets	1.7%	12,692	12,474	14,307	13,330	14,320	14,388	15,696	14,851	16,412	15,058	15,703	5,729
Current Assets	2.6%	11,994	11,690	13,450	12,391	12,747	12,409	13,637	13,362	14,875	13,859	14,481	3,353
Cash Equivalents	15.7%	5,946	5,139	6,408	6,616	6,357	1,575	2,294	2,340	6,337	8,952	11,030	1,270
Inventory	-5.4%	4,220	4,459	4,752	4,419	4,836	4,727	4,920	4,033	2,985	3,498	1,911	1,534
Net PPE	-11.4%	31.00	35.00	26.00	28.00	23.00	23.00	22.00	22.00	24.00	9.00	8.00	21.00
Goodwill	-	-	-	-	-	287	287	287	287	287	287	287	287
Liabilities	19.4%	6,375	5,341	6,284	5,751	5,273	4,869	6,223	5,436	6,345	5,646	5,709	6,458
Current Liabilities	19.4%	6,375	5,341	6,208	5,600	5,049	4,573	5,859	5,414	6,321	5,070	5,096	4,731
Shareholder's Equity	-11.4%	6,317	7,133	8,023	7,579	9,047	9,519	9,473	9,415	10,065	9,412	9,994	-
Retained Earnings	-11.5%	-5,840	-5,238	-4,444	-4,883	-3,557	-3,134	-3,180	-3,085	-2,368	-2,961	-2,317	-1,740
Additional Paid-In Capital	-1.7%	12,157	12,371	12,467	12,462	12,604	12,653	12,653	12,500	12,433	12,373	12,311	1,011
Shares Outstanding	-2.7%	10,286	10,577	10,686	10,686	10,911	10,944	10,929	10,828	10,636	10,636	10,255	5,667

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Cashflow From Operations	188.8%	1,027	-1,157	-207	954	20.00	-685	-20.00	-2,471	1,929	-2,076	-769	177	-515	-510	-849
Share Based Compensation	0%	5.00	5.00	5.00	-	-	-	-	67.00	60.00	62.00	56.00	-	-	-	-
Cashflow From Investing	100.0%	-	-11.00	-1.00	-440	4,811	-34.00	-26.00	-1,526	-3,428	-	-	-	-	-	-
Cashflow From Financing	-Infinity%	-220	-	-	-255	-	-	-	-	-1,116	-	10,529	-3.00	672	-47.00	738
Buy Backs	130.7%	233	101	-	-	49.00	-	-	-	-	-	-	-	-	-	-

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MITQ Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Net sales	$ 3,890	$ 3,741	$ 13,790	$ 14,435
Cost of goods sold	3,214	2,699	10,536	10,523
Gross profit	676	1,042	3,254	3,912
Operating expenses:
Research and development	73	66	212	195
Selling and marketing	547	663	1,717	1,867
General and administrative	705	839	2,421	2,464
Total operating expenses	1,325	1,568	4,350	4,526
Operating loss	(649)	(526)	(1,096)	(614)
Other income (expense)
Unrealized gain on marketable securities		81		243
Realized loss on marketable securities				(167)
Interest and other income, net	48	21	140	66
Total other income	48	102	140	142
Net income/(loss)	$ (601)	$ (424)	$ (956)	$ (472)
Weighted average shares outstanding: basic	10,436,519	10,956,413	10,593,229	10,947,790
Weighted average shares outstanding: diluted	10,436,519	10,956,413	10,593,229	10,947,790
Net profit/(loss) per common share basic	$ (0.06)	$ (0.04)	$ (0.09)	$ (0.04)
Net profit/(loss) per common share diluted	$ (0.06)	$ (0.04)	$ (0.09)	$ (0.04)

MITQ Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Current Assets:
Cash	$ 5,946	$ 6,616
Accounts receivable, net	890	905
Inventories, net	4,220	4,419
Prepaid expenses and other	938	451
Total Current Assets	11,994	12,391
Long-Term Assets:
Right-of-use asset	214	415
Property and equipment, net	31	28
Intangibles, net	437	480
Other assets	16	16
Total Long-Term Assets	698	939
Total Assets	12,692	13,330
Current Liabilities:
Accounts payable	1,457	1,507
Accrued expenses	747	618
Customer deposits	3,895	3,169
Lease liability-current	224	280
Unearned warranty revenue	52	26
Total Current Liabilities	6,375	5,600
Long-Term Liabilities:
Lease liability-non-current		151
Total Long-Term Liabilities		151
Total Liabilities	6,375	5,751
Stockholders' Equity
Common stock, $0.00001 par value, 100,000,000 shares authorized, 10,285,971 and 10,685,778 shares issued and outstanding at March 31, 2024 and June 30, 2023, respectively
Additional paid-in capital	12,157	12,462
Accumulated deficit	(5,840)	(4,883)
Total Stockholders' Equity	6,317	7,579
Total Liabilities and Stockholders' Equity	$ 12,692	$ 13,330

About Moving iMage Technologies, Inc.

Moving iMage Technologies, Inc. designs, manufactures, integrates, installs, and distributes proprietary and custom designed equipment, and other off the shelf cinema products for cinema requirements in the United States and internationally. The company provides automation, pedestal, projection pod, and power management systems; and in-house designed and assembled lighting products and dimmers, as well as distributes digital cinema projectors and servers. It also offers premium sound systems and enclosures; demand-controlled ventilation systems that automatically shuts down projector exhaust fans; and cup holders, trays, cups, advertising displays, cinema step and aisle lighting products, and other products. In addition, the company provides software solutions, such as CineQC, a cinema presence management and remote-control system. Further, it offers technical, design, and consulting services, such as custom engineering, audio visual integration, systems design and installation, and digital technology services, as well as software solutions for operations enhancement and theatre management. Further, it provides turnkey project management, and furniture fixture and equipment services to commercial cinema exhibitors for new construction and remodels, including design, consulting, and procurement of seats, screen systems, lighting, acoustical treatments, screens, projection, and sound equipment for upgrades and new professional cinema, screening room, postproduction facilities and ultra-high-end cinema builds. Moving iMage Technologies, Inc. was founded in 2003 and is headquartered in Fountain Valley, California.

CEO	Mr. Philip L. Rafnson
WEBSITE	movingimagetech.com
INDUSTRY	Computer Hardware
EMPLOYEES	31

Moving iMage Technologies, Inc. Frequently Asked Questions

What is the ticker symbol for Moving iMage Technologies, Inc.? What does MITQ stand for in stocks?

MITQ is the stock ticker symbol of Moving iMage Technologies, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Moving iMage Technologies, Inc. (MITQ)?

As of Fri May 17 2024, market cap of Moving iMage Technologies, Inc. is 5.3 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MITQ stock?

You can check MITQ's fair value in chart for subscribers.

What is the fair value of MITQ stock?

You can check MITQ's fair value in chart for subscribers. The fair value of Moving iMage Technologies, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Moving iMage Technologies, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MITQ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Moving iMage Technologies, Inc. a good stock to buy?

The fair value guage provides a quick view whether MITQ is over valued or under valued. Whether Moving iMage Technologies, Inc. is cheap or expensive depends on the assumptions which impact Moving iMage Technologies, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MITQ.

What is Moving iMage Technologies, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MITQ's PE ratio (Price to Earnings) is -2.32 and Price to Sales (PS) ratio is 0.27. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MITQ PE ratio will change depending on the future growth rate expectations of investors.