IMG Research | Milton Maxwell

IMG

CIMG Inc.

1.1700

-0.5500-32%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

18.12M

P/E (TTM)

Basic EPS (TTM)

-13.33

Dividend Yield

Recent Filings

8-K

Amends notes post-delisting

3/25/26Mar 25, 2026

CIMG amended its convertible notes and warrants on March 21, 2026, post-Nasdaq delisting to OTC, imposing a $0.10 floor on note conversions and $0.015 cash-only warrant exercise price, while canceling the second tranche. Four non-U.S. investors funded $1.6M total at initial February close. Stockholder approval required.

8-K

Authorized shares tripled

3/12/26Mar 12, 2026

CIMG Inc. boosted authorized common shares from 600 million to 2 billion on March 5, 2026, after board and majority stockholder approval via written consent on December 24, 2025. This triples headroom for equity issuances. Flexibility gained.

8-K

Nasdaq delists CIMG stock

3/9/26Mar 9, 2026

CIMG Inc. received Nasdaq Panel notice on March 4, 2026, delisting its common stock for failing Listing Rules 5550(a)(2), 5250(c)(1), 5550(b)(1), and 5620(a). Trading suspended March 6; now OTC under 'CIMG.' Company plans appeal, but success uncertain. Nasdaq may file Form 25 if unsuccessful.

10-Q

Q1 FY2026 results

3/5/26Mar 5, 2026

CIMG Inc. posted Q1 FY2026 revenue of $15.8M, up sharply y/y from $22.9K yet down q/q from prior quarter levels (derived), all from PRC with Maca Products at 76% via customer ZNF. Gross profit hit $89K on near-breakeven margins, but operations lost $2.0M while net loss exploded to $19.5M—net diverges from operating by $17.5M due to fair value variation on 730 Bitcoin holdings now at $64M. Cash dwindled to $45K amid $8.5M operating burn, offset by $8.5M equity raises; short-term loans total $453K. Equity base swelled to 15.5M shares post reverse split. Customer concentration looms large.

8-K

Shell acquisition with earnout

3/5/26Mar 5, 2026

CIMG Inc. signed an amended equity transfer agreement on February 27, 2026, to acquire 100% of Daren Business Technology Limited—a BVI shell with no operations—for zero cash via its Hong Kong sub. Closing targets March 31, 2026, post due diligence. Post-close, seller designees could earn up to 74,487,896 common shares if the target hits escalating RMB revenue targets through 2029. Stockholder approval required; dilution risk looms large.

About

CIMG Inc. engages in the digital health and sales development business. The company offers advanced marketing solutions, such as marketing technology and multi-channel network to maximize user growth and optimize brand management value. It also conducts sales and distribution for a range of consumer goods primarily in the food and beverage sector. The company was formerly known as NuZee, Inc. and changed its name to CIMG Inc. in October 2024. CIMG Inc. was founded in 2011 and is based in Tuen Mun, Hong Kong.

CEO

Ms. Jianshuang Wang

IPO

6/19/2020

Website

https://www.ccmg.tech

Employees

Sector

Consumer Defensive

Industry

Packaged Foods