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Intermap Technology ( (TSE:IMP) ) just unveiled an announcement.
Intermap Technologies reported first-quarter 2026 results on May 13, 2026, highlighting that recurring subscription and data revenue exceeded 80% of total revenue, which reached $1.4 million. The company said the lack of large government program revenue reflected procurement timing rather than weaker demand, as it continued to invest in personnel, infrastructure and deployment readiness for international government contracts, including a World Bank–funded program in Indonesia.
Management noted that enterprise adoption of its AI-enabled data-as-a-service offerings, led by its agentic AI Risk Assistant, is expanding globally and driving insurance and commercial analytics growth. Intermap said it operated near break-even in the quarter excluding repurchases of dilutive securities, foreign exchange and deferred revenue effects, ended March with about $18.8 million in cash and $16.3 million in working capital, and reaffirmed its 2026 outlook for $30–35 million in revenue with a 28% EBITDA margin, underscoring confidence in its funded government pipeline and recurring revenue base.
The most recent analyst rating on (TSE:IMP) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Intermap Technology stock, see the TSE:IMP Stock Forecast page.
Spark’s Take on IMP Stock
According to Spark, TipRanks’ AI Analyst, IMP is a Neutral.
The score is held back primarily by weak and volatile financial performance—sharp 2025 revenue decline, large losses, and persistent negative free cash flow. Offsetting factors include a cautiously optimistic earnings call with reaffirmed 2026 guidance and improved liquidity/recurring revenue mix, plus moderately positive near-term technical momentum; valuation provides limited support due to negative earnings and no dividend.
To see Spark’s full report on IMP stock, click here.
More about Intermap Technology
Intermap Technologies, founded in 1997 and headquartered in Denver, is a geospatial intelligence company specializing in 3D terrain data, elevation models and AI-enabled analytics. It leverages proprietary multi-sensor data, patented processing technology and a large global elevation archive to serve governments and enterprises in defense, aviation, insurance, disaster mitigation, infrastructure, energy, telecommunications and transportation markets.
Average Trading Volume: 98,663
Technical Sentiment Signal: Hold
Current Market Cap: C$136.4M
Learn more about IMP stock on TipRanks’ Stock Analysis page.