Intermap Technology (IMP) AI Stock Analysis

• Market Cap: C$165.54M
• Dividend Yield: N/A
• Average Volume (3M): 196.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.90
• Revenue Growth: 48.18%
• EPS Growth: -401.19%
• Country: CA
• Employees: 501
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.03
• Shares Outstanding: 71,351,660
• 10 Day Avg. Volume: 183,204
• 30 Day Avg. Volume: 196,365
• PEG Ratio: -0.20
• Price to Book (P/B): 20.42
• Price to Sales (P/S): 4.33
• P/FCF Ratio: -18.88
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$5.00
• Price Target Upside: 112.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: C$2.50 ▲(6.38% Upside)

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.

Positive Factors

Commercial Revenue Growth

The significant growth in commercial revenue indicates strong market demand and successful product adoption, enhancing future revenue stability.

Equity Financing

The substantial equity financing strengthens the balance sheet, providing financial flexibility for strategic investments and growth initiatives.

Large Contract Opportunities

Securing large contracts indicates potential for significant future revenue, enhancing the company's market position and long-term growth prospects.

Negative Factors

Revenue Decline

A sharp decline in revenue highlights challenges in maintaining sales momentum, potentially impacting financial stability and growth prospects.

Negative Cash Flow

Persistent negative cash flows indicate operational inefficiencies and reliance on external funding, which could hinder long-term financial health.

Net Loss

Ongoing net losses suggest challenges in achieving profitability, which could affect investor confidence and limit future investment opportunities.

Intermap Technology Business Overview & Revenue Model

Company Description

Intermap Technologies Corporation, a geospatial intelligence company, provides various geospatial solutions and analytics in the United States, the Asia Pacific, and Europe. It offers Data-as-a-Service (DaaS) solutions, such as InsitePro, a configurable insurance underwriting software; and NEXTView, a configurable data solution that delivers terrain and obstacle awareness that enhance airborne safety. The company also provides geospatial data acquisition and production services; value-added data licensing; and software solutions and services. Its geospatial solutions are used in a range of applications, including location-based information, risk assessment, geographic information systems, engineering, utilities, global positioning systems maps, oil and gas, renewable energy, hydrology, environmental planning, land management, wireless communications, transportation, outdoor advertising, and 3D visualization. The company was founded in 1996 and is headquartered in Englewood, Colorado.

How the Company Makes Money

Intermap generates revenue through multiple streams, primarily from the sale of geospatial data and analytics services. Key revenue sources include licensing its NEXTMap® elevation data to government agencies and private sector clients, providing custom geospatial solutions tailored to specific industry needs, and offering software-as-a-service (SaaS) products that utilize its geospatial data. Additionally, Intermap often engages in strategic partnerships with organizations in various sectors, enhancing its service offerings and expanding its market reach. These partnerships can lead to joint ventures or collaborative projects that further contribute to the company's earnings.

Intermap Technology Financial Statement Overview

Summary

Intermap Technology's financial statements present a mixed picture. The income statement shows declining revenue and profit margins, indicating challenges in maintaining growth. The balance sheet is relatively strong with low leverage and a solid equity base, but historical fluctuations in equity and debt levels could be concerning. The cash flow statement highlights significant cash flow issues, with negative operating and free cash flows. Overall, while there are strengths in the balance sheet, the company needs to address its cash flow challenges and improve profitability to enhance its financial health.

Income Statement

Intermap Technology's income statement shows a mixed performance. The TTM data indicates a decline in revenue growth rate by 2.63%, and the gross profit margin has decreased to 18.74% from 28.71% in the previous year. Net profit margin also dropped significantly to 3.36% from 13.96%. However, the company has managed to maintain a positive EBIT margin of 3.91% and an EBITDA margin of 10.37%, indicating some operational efficiency. The declining revenue and profit margins suggest challenges in maintaining growth and profitability.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.115, indicating low leverage. The return on equity (ROE) is 11.89%, which is a positive sign of profitability relative to shareholder equity. The equity ratio stands at 56.84%, suggesting a strong equity base compared to total assets. Despite these strengths, the company has experienced fluctuations in equity and debt levels over the years, which could pose potential risks.

Cash Flow

Cash flow analysis reveals significant challenges. The free cash flow growth rate is negative at -54.41%, and the operating cash flow is negative, indicating cash flow issues. The operating cash flow to net income ratio is -0.29, highlighting inefficiencies in converting income to cash. However, the free cash flow to net income ratio is 1.85, suggesting that despite negative cash flows, the company is generating cash relative to its net income. Overall, the cash flow situation requires improvement to ensure financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.42M	17.64M	6.20M	6.79M	5.80M	4.72M
Gross Profit	1.07M	5.06M	-1.54M	3.98M	2.87M	2.45M
EBITDA	-465.00K	3.65M	-2.40M	-3.46M	-1.51M	-2.83M
Net Income	-1.91M	2.46M	-3.70M	-5.28M	-3.36M	26.53M
Balance Sheet
Total Assets	32.48M	11.94M	4.54M	6.33M	7.45M	7.64M
Cash, Cash Equivalents and Short-Term Investments	26.31M	445.00K	677.00K	843.00K	188.00K	1.78M
Total Debt	971.00K	1.19M	1.10M	1.17M	1.22M	1.44M
Total Liabilities	5.55M	8.20M	8.10M	7.75M	6.60M	6.16M
Stockholders Equity	26.92M	3.74M	-3.56M	-1.42M	852.00K	1.49M
Cash Flow
Free Cash Flow	-1.99M	-4.04M	-1.02M	-1.75M	-3.88M	-2.54M
Operating Cash Flow	-1.02M	-1.79M	-602.00K	-1.51M	-2.49M	-2.05M
Investing Cash Flow	-975.00K	-2.25M	-421.00K	-243.00K	-1.39M	-338.00K
Financing Cash Flow	27.87M	3.80M	830.00K	2.41M	2.27M	2.91M

Intermap Technology Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IMP, the sentiment is Negative. The current price of 2.35 is below the 20-day moving average (MA) of 2.58, below the 50-day MA of 2.64, and below the 200-day MA of 2.53, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 36.70 is Neutral, neither overbought nor oversold. The STOCH value of 12.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:IMP.

Intermap Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTZ	79 Outperform	C$34.48M	14.16	27.13%	―	18.05%	22.83%
CMG	69 Neutral	C$428.54M	20.72	25.64%	2.33%	3.19%	-1.07%
QIS	62 Neutral	C$58.55M	58.03	3.37%	―	1.46%	-65.49%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SYZ	61 Neutral	C$132.56M	-45.03	-8.89%	0.69%	-4.89%	-143.94%
XTRA	57 Neutral	C$149.16M	-12.50	-108.12%	―	-12.14%	4.41%
IMP	50 Neutral	C$165.54M	-55.82	-14.10%	―	48.18%	-401.19%

Intermap Technology Corporate Events

Intermap Technologies Reports Strong Q3 Growth and Strategic Advancements

Intermap Technologies reported a 37% growth in commercial revenue for the third quarter of 2025, driven by the adoption of its AI-enabled Risk Assistant platform. The company strengthened its balance sheet with a $21 million equity financing, positioning itself for large multiyear contracts. Despite a decline in quarterly revenue due to timing effects in Indonesia and a U.S. government shutdown, Intermap expanded its infrastructure and continued to advance major government programs. The company is actively participating in significant projects, including Indonesia’s $200 million Integrated Land Administration and Spatial Planning Project and NOAA’s Coastal Geospatial Services Contract.

Intermap Technologies to Release Q3 2025 Financial Results

Intermap Technologies announced it will release its third quarter 2025 financial results on November 13, 2025, followed by a live webinar hosted by CEO Patrick A. Blott and CFO Jennifer Bakken. The announcement invites stakeholders to engage in discussions about the company’s financial performance, potentially impacting investor relations and market positioning.

Intermap Technologies Raises $28.75M in Oversubscribed Public Offering

Intermap Technologies has successfully closed a ‘bought deal’ public offering, raising $28,752,300 through the sale of 9,584,100 Class A common shares. The offering was oversubscribed, reflecting strong demand from growth-oriented institutions, and aims to strengthen the company’s balance sheet for enhanced integration of its GEOINT data products in customer operations. The proceeds will be used for working capital and general corporate purposes, subject to final approval by the Toronto Stock Exchange.

Intermap Technologies Announces Public Offering to Raise $25 Million

Intermap Technologies has filed a prospectus supplement for a public offering of 8,334,000 Class A common shares, aiming to raise $25,002,000. The offering, underwritten by a syndicate led by Stifel Nicolaus Canada Inc., is set to close on September 29, 2025, and the proceeds will be used for working capital and general corporate purposes.

Intermap Technologies Upsizes Bought Deal Financing to $25 Million

Intermap Technologies has announced an increase in its bought deal financing to $25 million due to strong demand. The company plans to use the net proceeds for working capital and general corporate purposes, with the offering expected to close by September 29, 2025, subject to necessary approvals. This move is likely to strengthen Intermap’s financial position and support its operational capabilities, potentially enhancing its market presence and stakeholder value.

Intermap Technologies Announces $20.1 Million Bought Deal Offering

Intermap Technologies Corporation has announced a $20.1 million bought deal offering, facilitated by a syndicate of underwriters led by Stifel Canada. The proceeds from this offering will be used for working capital and general corporate purposes, potentially impacting the company’s operational capabilities and market positioning.

Intermap Technologies Files Prospectus for Potential $100 Million Securities Offering

Intermap Technologies has filed a final short-form base shelf prospectus with Canadian securities commissions and a corresponding registration statement with the U.S. SEC, allowing the company to issue or sell up to $100 million in various securities over the next 25 months. This strategic move aims to facilitate potential financings for expanding offerings and pursuing new contracts, although there is no obligation to sell any securities.

Intermap Technologies Files Prospectus for Potential $100 Million Securities Issuance

Intermap Technologies Corporation has filed a final short-form base shelf prospectus with Canadian securities commissions and a corresponding registration statement with the U.S. SEC, enabling the company to potentially issue up to $100 million in securities over the next 25 months. This strategic move aims to facilitate future financings to expand and develop Intermap’s offerings and pursue new strategic contracts, although there is no obligation to offer or sell any securities.