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Intermap Technologies Reports Strong 2024 Results and Optimistic 2025 Outlook

Story Highlights
  • Intermap Technologies reported 2024 revenue of $17.6 million and net income of $2.5 million.
  • The company projects 2025 revenue of $30-35 million with a 28% adjusted EBITDA margin.
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Intermap Technologies Reports Strong 2024 Results and Optimistic 2025 Outlook

Confident Investing Starts Here:

The latest announcement is out from Intermap Technology ( (TSE:IMP) ).

Intermap Technologies reported a significant financial turnaround in 2024, with revenues reaching $17.6 million and a net income of $2.5 million, marking a substantial improvement from the previous year’s losses. The company has outlined an optimistic outlook for 2025, projecting revenues between $30 to $35 million and an adjusted EBITDA margin of approximately 28%. Key achievements in 2024 included major contract wins with government entities and expansion in the European insurance market, which have bolstered its market position and shareholder base. The company also completed a C$12 million equity financing, enhancing its financial stability and ability to pursue new opportunities.

More about Intermap Technology

Intermap Technologies is a global leader in 3D geospatial products and intelligence solutions, focusing on providing advanced mapping and data services to various sectors including government and commercial markets.

YTD Price Performance: -18.11%

Average Trading Volume: 87,040

Technical Sentiment Signal: Sell

Current Market Cap: C$106.7M

Find detailed analytics on IMP stock on TipRanks’ Stock Analysis page.

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