tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Intermap Wins Malaysian Flood Mapping Work, Sees Insurance Growth and Shifts Targets to 2026

Story Highlights
  • Intermap secured a new Malaysian flood mapping contract, extending its role in national resilience programs while Indonesia’s ILASPP project evaluation moves into 2026 without scope changes.
  • The company reports rising demand from global insurers, a major U.S. upsell and replaces 2025 guidance with 2026 targets of $30–35 million revenue and a 28% EBITDA margin.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intermap Wins Malaysian Flood Mapping Work, Sees Insurance Growth and Shifts Targets to 2026

Claim 50% Off TipRanks Premium and Invest with Confidence

An announcement from Intermap Technology ( (TSE:IMP) ) is now available.

Intermap Technologies has expanded its presence in Southeast Asia’s flood resilience initiatives with a new contract in Malaysia and continued progress in Indonesia, while also strengthening its position in the global insurance market. In Malaysia, the company has been awarded a project to supply high-resolution digital elevation model data and related services for the State of Sabah under the National Flood Forecasting and Warning Program, extending its earlier work in West Malaysia and supporting more accurate monsoon flood forecasting, infrastructure planning and long-term resilience efforts across key flood-prone areas. In Indonesia, the World Bank-funded ILASPP land administration and spatial planning program has extended its decision date for the next phase by two weeks, with the project still expected to proceed on its original scale and scope into 2026. Intermap reports strong momentum in its insurance business, including broad adoption of its AI risk agent in Europe and a significant $2.25 million upsell with a major U.S. insurer, as global carriers increasingly integrate its elevation data into their core risk modeling and underwriting infrastructure. Reflecting delays in some government contracts, the company has withdrawn its 2025 guidance and issued initial 2026 guidance of $30–35 million in revenue and a 28% EBITDA margin, signaling a shift of anticipated milestones into the following year.

The most recent analyst rating on (TSE:IMP) stock is a Hold with a C$2.50 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 overall stock score is primarily impacted by its financial performance challenges, including declining revenue and negative margins. While the earnings call provided some positive strategic insights, the company’s valuation remains unattractive due to a negative P/E ratio. Technical analysis offers no clear trend, further contributing to the moderate score.

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

More about Intermap Technology

Intermap Technologies is a geospatial technology company specializing in high-resolution 3D elevation data, digital elevation models and geospatial intelligence solutions. Its products support applications such as flood forecasting, hydrological and hydraulic modeling, land administration and risk analytics, with a growing focus on serving government agencies and global insurance and reinsurance markets that require precise terrain data for planning, resilience and underwriting decisions.

Average Trading Volume: 137,582

Technical Sentiment Signal: Buy

Current Market Cap: C$168.4M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1