Intermap Technologies Appoints MNP LLP as New Auditors

Intermap Technology ( (TSE:IMP) ) just unveiled an update.

Intermap Technologies has appointed MNP LLP as its new auditors following the resignation of KPMG LLP. Shareholders will vote on this appointment at the upcoming annual general meeting. The transition to MNP is part of Intermap’s diligent efforts to ensure continuity in its financial auditing processes, with no modified opinions or reportable events noted in KPMG’s previous reports. This change is expected to maintain the company’s robust financial oversight and reassure stakeholders of its commitment to transparency and accountability.

Spark’s Take on TSE:IMP Stock

According to Spark, TipRanks’ AI Analyst, TSE:IMP is a Neutral.

Intermap Technology shows strong revenue growth and strategic advancements, particularly highlighted in the earnings call. However, financial challenges such as high leverage and cash flow issues, along with a high P/E ratio and mixed technical signals, lead to a moderate overall stock score.

To see Spark’s full report on TSE:IMP stock, click here.

More about Intermap Technology

Founded in 1997 and headquartered in Denver, Colorado, Intermap Technologies is a global leader in geospatial intelligence solutions, focusing on the creation and analysis of 3D terrain data to produce high-resolution thematic models. The company utilizes scientific analysis of geospatial information and patented sensors and processing technology to provide diverse, complementary, multi-source datasets for seamless integration of geospatial intelligence.

Average Trading Volume: 57,239

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$129.7M

See more data about IMP stock on TipRanks’ Stock Analysis page.