tiprankstipranks
Trending News
More News >
Intermap Technology (TSE:IMP)
:IMP

Intermap Technology (IMP) AI Stock Analysis

Compare
32 Followers

Top Page

TS

Intermap Technology

(TSX:IMP)

Rating:55Neutral
Price Target:
C$2.50
▲(2.04%Upside)
Intermap Technologies shows strong growth potential driven by revenue increases and strategic advancements. However, high leverage and negative cash flows pose financial stability risks. The technical indicators suggest upward momentum, but valuation concerns and potential overbought conditions should be monitored. Positive earnings call sentiment balances these risks, resulting in a moderate overall score.

Intermap Technology (IMP) vs. iShares MSCI Canada ETF (EWC)

Intermap Technology Business Overview & Revenue Model

Company DescriptionIntermap Technologies (IMP) is a leading geospatial solutions provider specializing in the creation of high-resolution digital elevation models and geospatial data analytics. The company operates in sectors such as defense, aviation, infrastructure, telecommunications, and insurance, offering core products and services including terrain data, geospatial software, and analytics solutions that support a wide range of applications from risk management to infrastructure planning.
How the Company Makes MoneyIntermap Technologies generates revenue through the sale of its geospatial data products and analytics services. Key revenue streams include licensing of its proprietary digital elevation models, subscription services for its geospatial analytics platform, and customized solutions tailored to specific industry needs. The company also engages in significant partnerships with government agencies and commercial enterprises, enhancing its ability to deliver comprehensive geospatial solutions and expand its market reach. Additionally, Intermap may secure contracts for large-scale projects that require extensive geospatial data collection and analysis.

Intermap Technology Earnings Call Summary

Earnings Call Date:May 15, 2025
(Q1-2025)
|
% Change Since: 0.00%|
Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment Positive
The earnings call for Intermap Technologies highlighted significant revenue growth and strategic advancements, particularly in international markets and government contracts. The company's strong financial performance, positive net income, and successful equity financing are notable achievements. However, there are challenges related to currency risks and timing of contract awards. Despite these challenges, the overall sentiment is positive, driven by strong revenue growth and strategic positioning in key markets.
Q1-2025 Updates
Positive Updates
Record Revenue Growth
Total revenue increased 153% year-over-year to $4.3 million in Q1 2025, compared to $1.7 million in Q1 2024, with growth coming from all areas of the business.
Strong International Revenue
Approximately 86% of consolidated revenue was generated outside the United States, up from 77% in 2024.
Significant Increase in Acquisition Services Revenue
Acquisition Services revenue increased by 402% year-over-year to $2.4 million, driven by the execution of government contracts, including Indonesia.
Positive Net Income
Pro forma net income of $833,000 was reported compared to a net loss of $839,000 in Q1 2024.
Successful Equity Financing
Intermap raised US$8.7 million in Q1 2025 through equity financing, improving liquidity profiles with total assets now exceeding $19 million.
DARPA Program Selection
Intermap was down-selected for a new U.S. DARPA program, highlighting their capabilities and commercial expertise.
Expansion in North American Markets
The company is introducing multi-perils analytics to North American accounts, following success in Europe with a 70% increase in pricing.
Negative Updates
Currency and Hedging Risks
Currency risks and hedging costs associated with overseas government contracts remain significant challenges.
Timing Risks for Indonesian Contracts
Primary risks include timing related to follow-on awards, including those with approved World Bank funding.
Company Guidance
During the Intermap Technologies conference call, management reiterated the guidance for fiscal year 2025, projecting total revenue between $30 million and $35 million, with an adjusted EBITDA margin of approximately 28%. For the first quarter of 2025, Intermap reported a significant increase in total revenue to $4.3 million, a 153% growth year-over-year, with acquisition services revenue showing an impressive 402% increase. The company also highlighted its improved financial position, raising $8.7 million in the first quarter, bringing total assets to $19.2 million. Intermap's strategic advancements include securing a position in a new DARPA program and expanding its commercial operations globally, emphasizing the strong growth potential and recurring revenue within its business model. Management also discussed significant contracts, including the Luno A and B programs with the U.S. National Geospatial-Intelligence Agency, totaling an addressable opportunity of $500 million, and the ongoing work with the Indonesian government as part of a national mapping initiative.

Intermap Technology Financial Statement Overview

Summary
Intermap Technology shows strong revenue growth and improved profitability, with a notable 185% increase in revenue and a 14% net profit margin for 2024. However, historical volatility in EBIT margins, high debt-to-equity ratio, and negative operating and free cash flows present significant risks.
Income Statement
45
Neutral
Intermap Technology shows a significant improvement in revenue, up from $6.197M in 2023 to $17.637M in 2024, marking a strong growth trajectory. The gross profit margin for 2024 is 28.7%, and the net profit margin is 14%, demonstrating improved profitability. However, historical volatility in EBIT margins and past periods of negative net income pose risks to consistent profitability.
Balance Sheet
35
Negative
The company's debt-to-equity ratio has improved significantly but remains high, indicating leverage risk. Stockholder equity turned positive in 2024, enhancing stability. However, the equity ratio is 31.3%, suggesting moderate financial stability with potential vulnerabilities in asset financing.
Cash Flow
30
Negative
The cash flow statement indicates a concerning trend with negative operating and free cash flows in 2024. The free cash flow declined, and the operating cash flow to net income ratio is negative, highlighting cash management challenges despite improved revenue.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
17.64M6.20M6.79M5.80M4.72M
Gross Profit
5.06M-1.54M3.98M2.87M2.45M
EBIT
2.54M-3.35M-5.21M-4.11M-4.30M
EBITDA
3.65M-2.40M-3.46M-2.34M-2.83M
Net Income Common Stockholders
2.46M-3.70M-5.28M-3.36M26.53M
Balance SheetCash, Cash Equivalents and Short-Term Investments
445.00K677.00K843.00K188.00K1.78M
Total Assets
11.94M4.54M6.33M7.45M7.64M
Total Debt
1.19M1.10M1.17M1.22M1.44M
Net Debt
748.00K422.00K325.00K1.03M-334.00K
Total Liabilities
8.20M8.10M7.75M6.60M6.16M
Stockholders Equity
3.74M-3.56M-1.42M852.00K1.49M
Cash FlowFree Cash Flow
-4.04M-1.02M-1.75M-3.88M-2.54M
Operating Cash Flow
-1.79M-602.00K-1.51M-2.49M-2.05M
Investing Cash Flow
-2.25M-421.00K-243.00K-1.39M-338.00K
Financing Cash Flow
3.80M830.00K2.41M2.27M2.91M

Intermap Technology Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.45
Price Trends
50DMA
2.08
Positive
100DMA
2.17
Positive
200DMA
1.81
Positive
Market Momentum
MACD
0.07
Positive
RSI
58.55
Neutral
STOCH
61.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IMP, the sentiment is Positive. The current price of 2.45 is above the 20-day moving average (MA) of 2.34, above the 50-day MA of 2.08, and above the 200-day MA of 1.81, indicating a bullish trend. The MACD of 0.07 indicates Positive momentum. The RSI at 58.55 is Neutral, neither overbought nor oversold. The STOCH value of 61.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:IMP.

Intermap Technology Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSQIS
70
Outperform
C$62.57M42.005.09%-0.92%-23.37%
TSSYZ
68
Neutral
C$210.51M-3.13%0.44%-13.99%-421.95%
62
Neutral
$11.90B10.64-7.50%2.90%7.41%-8.19%
TSIMP
55
Neutral
C$137.36M37.4859.35%253.50%
51
Neutral
C$95.02M-99.03%29.22%18.54%
49
Neutral
C$61.56M-90.88%349.56%-928.83%
41
Neutral
C$11.57M-2108.66%-47.00%-22.30%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:IMP
Intermap Technology
2.20
1.68
323.08%
TSE:VXTR
Voxtur Analytics
0.02
-0.07
-77.78%
TSE:SYZ
Sylogist
9.20
-1.37
-12.96%
TSE:ABXX
Abaxx Technologies Inc
4.08
0.00
0.00%
TSE:QIS
Quorum Information Technologies
0.84
0.07
9.09%
TSE:XTRA
Xtract One
0.44
-0.20
-31.25%

Intermap Technology Corporate Events

Business Operations and StrategyFinancial Disclosures
Intermap Technologies Reports Robust Q1 2025 Growth and Strategic Wins
Positive
May 15, 2025

Intermap Technologies reported a significant revenue growth of 153% in the first quarter of 2025, with a pro-forma adjusted EBITDA margin of 28%. The company confirmed its projected 2025 revenue of $30–35 million. Key achievements include being selected as a vendor for the National Geospatial-Intelligence Agency’s $200 million Luno B IDIQ contract, and successful execution of Phase 1 of Indonesia’s national mapping initiative. These developments position Intermap to expand its role in delivering advanced geospatial intelligence and secure long-term growth through multiyear partnerships and federal contracts.

Shareholder MeetingsFinancial Disclosures
Intermap Technologies Schedules Q1 2025 Earnings Release and AGM
Neutral
Apr 17, 2025

Intermap Technologies has announced the dates for its first quarter 2025 financial results and Annual General Meeting (AGM). The financial results will be released on May 15, 2025, followed by a live webinar hosted by the company’s executives to discuss the results and provide updates. The AGM is scheduled for June 26, 2025, in Calgary, Alberta, where stakeholders will gain insights into the company’s recent developments and long-term growth vision.

Business Operations and Strategy
Intermap Technologies to Present at Planet MicroCap Showcase, Aiming for Growth
Positive
Apr 15, 2025

Intermap Technologies announced that its Chairman and CEO, Patrick A. Blott, will present at the Planet MicroCap Showcase in Las Vegas on April 23, 2025. The company is leveraging its recent C$12 million deal to expand partnerships, particularly in Indonesia, and develop military technologies, aiming for significant revenue growth and improved EBITDA margins in 2025. These initiatives are set to enhance Intermap’s market position and shareholder value.

Private Placements and FinancingBusiness Operations and StrategyFinancial Disclosures
Intermap Technologies Reports Strong 2024 Results and Optimistic 2025 Outlook
Positive
Mar 27, 2025

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.

Business Operations and Strategy
Intermap Technologies’ Insurance Business Sees Strong Growth in 2025
Positive
Mar 20, 2025

Intermap Technologies has announced a strong start to 2025 for its insurance business, with awards exceeding $1.1 million from new client subscriptions and renewals. The company has secured strategic partnerships with a major bank-insurance group in Europe and PREMIUM Insurance Company Limited, enhancing their flood risk management capabilities. These developments highlight the increasing demand for Intermap’s 3D geospatial data solutions, which leverage AI and machine learning to provide precise risk assessments, thereby strengthening the company’s position in the insurance industry.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.