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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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