Intermap Technology (IMP) AI Stock Analysis

• Market Cap: C$120.58M
• Dividend Yield: N/A
• Average Volume (3M): 196.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.91
• 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: 143.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: C$1.50 ▼(-26.83% Downside)

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.

Positive Factors

Commercial Revenue Growth

The significant growth in commercial revenue indicates strong demand for Intermap's services, suggesting a robust market position and potential for sustained revenue expansion.

Insurance Segment Expansion

Expansion in the insurance segment reflects successful product adoption and diversification, enhancing revenue stability and long-term business resilience.

Large Contract Opportunities

Securing large contracts provides significant revenue potential and strengthens Intermap's market presence, supporting long-term growth and operational scale.

Negative Factors

Revenue Decline

The sharp decline in revenue highlights challenges in maintaining consistent sales, potentially impacting cash flow and financial stability if not addressed.

Negative Adjusted EBITDA

Negative adjusted EBITDA indicates operational inefficiencies and cost management issues, which could hinder profitability and long-term financial health.

Net Loss

A net loss reflects financial instability and challenges in achieving profitability, which may affect investor confidence and future investment capacity.

Intermap Technology Business Overview & Revenue Model

Company Description

Intermap Technology (IMP) is a geospatial technology company specializing in providing high-resolution 3D mapping, data analytics, and geospatial solutions. Operating primarily in sectors such as defense, transportation, and environmental management, Intermap leverages its proprietary software and data acquisition technologies to deliver accurate topographic data and modeling services. Its core products include the NEXTMap® suite, which offers detailed elevation data and analytics for various applications, from urban planning to disaster management.

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: 2.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• 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 2.05 is above the 20-day moving average (MA) of 1.96, below the 50-day MA of 2.31, and below the 200-day MA of 2.53, indicating a bearish trend. The MACD of -0.18 indicates Positive momentum. The RSI at 25.54 is Positive, neither overbought nor oversold. The STOCH value of 9.86 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$35.01M	14.93	27.13%	―	18.05%	22.83%
CMG	69 Neutral	C$432.68M	20.92	25.64%	2.32%	3.19%	-1.07%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SYZ	61 Neutral	C$132.33M	-43.09	-8.89%	0.71%	-4.89%	-143.94%
XTRA	52 Neutral	C$166.56M	-12.88	-108.12%	―	-12.14%	4.41%
IMP	46 Neutral	C$120.58M	-40.38	-14.10%	―	48.18%	-401.19%

Intermap Technology Corporate Events

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

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.

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.

The most recent analyst rating on (TSE:IMP) stock is a Sell 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.

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.

The most recent analyst rating on (TSE:IMP) stock is a Sell 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.