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Intermap Wins Malaysian Flood Mapping Contract, Updates Outlook as Indonesia ILASPP Decision Slips Into 2026

Story Highlights
  • Intermap secured a Sabah flood mapping contract in Malaysia, expanding its national forecasting role.
  • Indonesia’s ILASPP decision slipped into 2026 and Intermap reset guidance to $30–35 million revenue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intermap Wins Malaysian Flood Mapping Contract, Updates Outlook as Indonesia ILASPP Decision Slips Into 2026

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Intermap Technology ( (TSE:IMP) ) has issued an announcement.

On December 18, 2025, Intermap Technologies reported progress in key Southeast Asian government programs and its insurance business, while formally updating its financial outlook. In Indonesia, the decision date for the next phase of the World Bank-funded Integrated Land Administration and Spatial Planning Project (ILASPP) was extended by two weeks into 2026 to allow for further review, with the company noting that the program’s size and scope remain unchanged despite timing shifts. In Malaysia, Intermap secured a new contract to supply high‑resolution digital elevation model data and related services for the state of Sabah under the national flood forecasting and warning programme, extending earlier work in West Malaysia and strengthening the country’s monsoon flood forecasting capabilities and disaster resilience infrastructure. The company highlighted continued momentum in its global insurance segment, including rapid adoption of its AI risk agent in Europe and a significant upsell from a major U.S. insurer, underscoring growing reliance on its elevation data for flood risk assessment and catastrophe modelling. Reflecting delays in government contract milestones into 2026, Intermap withdrew its prior 2025 guidance and introduced initial 2026 guidance of $30–35 million in revenue with a 28% EBITDA margin, while acknowledging typical timing risks around government tenders, renewals and revenue recognition.

The most recent analyst rating on (TSE:IMP) stock is a Hold with a C$2.00 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 TSE:IMP Stock

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

Intermap Technology’s stock score is primarily impacted by its financial challenges, including declining revenue and negative margins. Technical indicators suggest bearish momentum, further weighing on the score. While the earnings call provided some positive strategic insights, the overall financial instability and valuation concerns dominate the stock’s outlook.

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

More about Intermap Technology

Intermap Technologies, founded in 1997 and headquartered in Denver, is a global provider of geospatial intelligence solutions specializing in the creation and analysis of high-resolution 3D terrain data and thematic models. Using patented sensors, proprietary multi-source elevation datasets and advanced analytics including AI and machine learning, the company serves government and commercial customers across defense, aviation, flood and wildfire insurance, disaster mitigation, infrastructure planning, telecommunications, energy, transportation and land management markets worldwide.

Average Trading Volume: 102,341

Technical Sentiment Signal: Hold

Current Market Cap: C$132.7M

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

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