Moving iMage Technologies, Inc.
MITQ Technology Communication Equipment
Moving iMage Technologies, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $17.3 million, down 4.57% from fiscal 2025. In the quarter to June 2026, revenue fell 22.7%, EPS fell 89.8%, free cash flow grew 139.9% and total debt fell 3.82%, each against the same quarter a year earlier.
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Moving iMage Technologies, Inc. (MITQ) Beneish M-score
Moving iMage Technologies, Inc.'s Beneish M-score for fiscal 2026 is −1.49; values above −1.78 are the model's flag for possible earnings manipulation — a statistical screen, not a finding.
Beneish M-score, annual
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Annual newest first
| Period | Beneish M-score | Change (points) |
|---|---|---|
| FY2026 | −1.49 | 0.64 |
| FY2025 | −2.13 | 0.47 |
| FY2024 | −2.60 | 1.24 |
| FY2023 | −3.84 | (3.81) |
| FY2022 | −0.04 | 1.81 |
| FY2021 | −1.85 | (1.46) |
| FY2020 | −0.38 | (2.36) |
| FY2019 | 1.98 | — |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Days’ sales in receivables index | 0.80 | — | 0.73 | |
| Gross margin index | 0.87 | — | 0.46 | |
| Asset quality index | 1.03 | — | 0.42 | |
| Sales growth index | 0.95 | — | 0.85 | |
| Depreciation index | 1.12 | — | 0.13 | |
| SG&A index | 1.03 | — | −0.18 | |
| Total accruals to total assets | 0.26 | — | 1.20 | |
| Leverage index | 0.80 | — | −0.26 | |
| Beneish M-score | Flagged by the model | −1.49 | ||
How the Beneish M-score works
M = −4.84 + 0.920 × DSRI + 0.528 × GMI + 0.404 × AQI + 0.892 × SGI + 0.115 × DEPI − 0.172 × SGAI + 4.679 × TATA − 0.327 × LVGI (Beneish, 1999): eight changes in the accounts from one fiscal year to the next, which the model weighs for the pattern seen in companies that later restated their earnings. Higher is worse.
| below −2.22 | Low — no pattern the model associates with manipulation |
|---|---|
| −2.22 to −1.78 | Elevated |
| above −1.78 | Flagged by the model |
−1.78 is the cut-off usually quoted from the paper, −2.22 a common conservative one. A statistical screen, not a finding of wrongdoing.
When asset quality, depreciation or SG&A cannot be worked out, that index is set to 1, as Beneish did, and the breakdown says so; with all three missing there is no score. Depreciation includes amortisation, and asset quality leaves out securities. Not worked out for banks, insurers and REITs.
Beneish M-score against peers
| Company | Beneish M-score |
|---|---|
| VISL Vislink Technologies, Inc. compare | −4.9× |
| DZSIQ DZS Inc. compare | −4.4× |
| CMBMF Cambium Networks Corporation compare | −3.1× |
| ASNS Actelis Networks, Inc. compare | −2.8× |
| SYNX Silynxcom Ltd. compare | −2.6× |
| FKWL Franklin Wireless Corp. compare | −2.0× |
| UTSI UTStarcom Holdings Corp compare | −1.8× |
| MITQ Moving iMage Technologies, Inc. | −1.5× |
| CLRO ClearOne, Inc. compare | — |
What Beneish M-score is
The Beneish M-Score combines eight year-on-year changes in the accounts into a statistical screen for patterns seen in companies that overstated earnings.
−4.84 + 0.920 × DSRI + 0.528 × GMI + 0.404 × AQI + 0.892 × SGI + 0.115 × DEPI − 0.172 × SGAI + 4.679 × TATA − 0.327 × LVGI