Integrated Media Technology has released its unaudited financial results for the first half of 2024, showing a significant decrease in net revenue from $304,208 in the same period in 2023 to $43,732. The company reported a net loss of $1,573,921, in contrast to a profit of $163,585 in 2023. The poor performance is due to increased expenses and a decrease in income from changes in the value of warrants.

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1) Brief Summary: Integrated Media Technology Limited Ordinary Shares is currently facing a turbulent period, with the SMA50 and SMA200 signaling a significant downward trend. The company's performance over the week, month, and quarter has been negative, reflecting a decrease in share price. Sales over the past five years have grown but recent sales have dropped drastically, as indicated by the Sales Y/Y TTM and Sales Q/Q figures. The company's relatively low market capitalization, high insider ownership, and low institutional ownership suggest limited market interest. The current financial situation of the company cannot be determined due to lack of detailed financial data. 2) MARKET_SCORE: Given the negative performance trends and lack of financial data, it is challenging to compute an accurate market score. However, considering the available data, the likelihood of an upward move appears to be low. Hence, MARKET_SCORE: 20

3) PRICE_TARGET: Given the current market conditions and the lack of substantial financial data, it is challenging to provide an accurate price target. However, the downward trend suggests a potential further decrease in price. So, maintaining the current price as a target would be conservative. Thus, PRICE_TARGET: $0.54

4) AI_RPT_HEADLINE: "Integrated Media in Turmoil: Downward Trends Prevail Amid Lack of Data"

-> X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes

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