Intermap Technology (IMP) AI Stock Analysis

• Market Cap: C$185.98M
• Dividend Yield: N/A
• Average Volume (3M): 111.70K
• Price to Earnings (P/E): 51.5
• Beta (1Y): 2.07
• Revenue Growth: 253.50%
• EPS Growth: N/A
• Country: CA
• Employees: 501
• Sector: Technology
• Sector Strength: 94
• Industry: Software - Application
• EPS (TTM): -0.03
• Shares Outstanding: 59,230,010
• 10 Day Avg. Volume: 93,009
• 30 Day Avg. Volume: 111,698
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 53.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: C$3.00 ▼(-7.69% Downside)

The overall stock score reflects strong earnings call insights and bullish technical analysis, tempered by financial and valuation concerns. Intermap's strategic advancements and revenue growth are promising, but cash flow challenges and high valuation present risks.

Intermap Technology Business Overview & Revenue Model

Company Description

Intermap Technologies (IMP) is a global geospatial solutions company that specializes in providing high-resolution digital elevation models (DEMs) and geospatial data analytics. The company serves a wide range of sectors including aviation, telecommunications, government, and insurance by offering advanced mapping and 3D modeling services. Intermap's core products include its proprietary NEXTMap datasets and InsitePro software, which deliver precise terrain data and risk management solutions to enhance decision-making processes.

How the Company Makes Money

Intermap Technologies makes money through the sale of its geospatial data products and subscription-based software services. The company's revenue model is primarily driven by licensing its digital elevation models and selling access to its geospatial analytics platforms. Key revenue streams include contracts with government agencies, commercial enterprises, and strategic partnerships with technology firms that integrate Intermap's data into their solutions. Additionally, the company generates income from custom mapping projects and consulting services, leveraging its expertise in geospatial technology to provide tailored solutions for specific client needs.

Intermap Technology Financial Statement Overview

Summary

Intermap Technology's financials reflect a mixed scenario. While revenue growth and a positive net profit margin indicate a recovery, cash flow challenges pose liquidity risks. The balance sheet shows low leverage and improved equity, but operational efficiencies need enhancement.

Income Statement

Intermap Technology's income statement shows signs of recovery and growth. The TTM gross profit margin is approximately 23.96%, indicating efficient cost management compared to previous losses. The net profit margin for TTM is around 10.33%, which is a positive turn from past negative margins. Revenue growth is substantial, with a TTM increase of 14.66% over the annual 2024 figure, showing a strong recovery trajectory. However, EBIT and EBITDA margins have declined slightly in TTM, suggesting room for operational efficiency improvements.

Balance Sheet

The balance sheet reveals a moderate financial position. The debt-to-equity ratio for TTM is approximately 0.10, indicating low leverage, which is a positive for financial stability. However, the equity ratio is 54.19%, suggesting a balanced but not overly strong equity position. Return on equity is a robust 20.06% in TTM, reflecting good profitability relative to shareholder equity. The increase in stockholders' equity to $10.42M from $3.74M in 2024 indicates significant equity growth.

Cash Flow

Cash flow analysis shows challenges, with negative operating and free cash flows in TTM, indicating potential liquidity strains. Operating cash flow to net income ratio is negative, suggesting current earnings do not translate into cash flows. The free cash flow to net income ratio is also negative, highlighting a gap between reported profits and cash generation. Despite negative free cash flow growth, the company has raised substantial financing, which could mitigate short-term cash flow concerns.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.64M	6.20M	6.79M	5.80M	4.72M
Gross Profit	5.06M	-1.54M	3.98M	2.87M	2.45M
EBITDA	3.65M	-2.40M	-3.46M	-2.34M	-2.83M
Net Income	2.46M	-3.70M	-5.28M	-3.36M	26.53M
Balance Sheet
Total Assets	11.94M	4.54M	6.33M	7.45M	7.64M
Cash, Cash Equivalents and Short-Term Investments	445.00K	677.00K	843.00K	188.00K	1.78M
Total Debt	1.19M	1.10M	1.17M	1.22M	1.44M
Total Liabilities	8.20M	8.10M	7.75M	6.60M	6.16M
Stockholders Equity	3.74M	-3.56M	-1.42M	852.00K	1.49M
Cash Flow
Free 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	3.80M	830.00K	2.41M	2.27M	2.91M

Intermap Technology Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: 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 3.25 is above the 20-day moving average (MA) of 3.03, above the 50-day MA of 2.55, and above the 200-day MA of 2.15, indicating a bullish trend. The MACD of 0.22 indicates Positive momentum. The RSI at 59.38 is Neutral, neither overbought nor oversold. The STOCH value of 20.82 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SYZ	68 Neutral	C$216.82M	―	-3.13%	0.43%	-13.99%	-421.95%
QIS	67 Neutral	C$54.50M	36.50	5.09%	―	-0.92%	-23.37%
IMP	65 Neutral	C$185.98M	51.53	59.35%	―	253.50%	―
Sector *	62 Neutral	£517.32M	24.54	-6.45%	2.79%	3.08%	-16.36%
ABXX	49 Neutral	C$61.56M	―	-90.88%	―	349.56%	-928.83%
XTRA	46 Neutral	C$90.87M	―	-99.03%	―	29.22%	18.54%
VXTR	41 Neutral	C$3.89M	―	-2108.66%	―	-47.00%	-22.30%

Intermap Technology Corporate Events

Intermap Technologies Announces Retirement of Key Board Member Jack Hild

Intermap Technologies announced the retirement of John (Jack) Hild from its Board of Directors and as Director of Intermap Federal Services Inc. Hild, who has significantly contributed to the company’s growth and strategic direction, has a distinguished career in the geospatial field, including roles at the National Geospatial-Intelligence Agency and DigitalGlobe. His leadership and insights have strengthened Intermap’s engagement with key government partners, and his departure marks the end of an era of impactful service. The company acknowledges his contributions and expects to continue its growth trajectory with innovative geospatial intelligence activities.

Intermap Technologies Appoints MNP LLP as New Auditors

Intermap Technologies has appointed MNP LLP as its new auditors following the resignation of KPMG LLP. Shareholders will vote on this appointment at the upcoming annual general meeting. The transition to MNP is part of Intermap’s diligent efforts to ensure continuity in its financial auditing processes, with no modified opinions or reportable events noted in KPMG’s previous reports. This change is expected to maintain the company’s robust financial oversight and reassure stakeholders of its commitment to transparency and accountability.

Intermap Technologies Reports Robust Q1 2025 Growth and Strategic Wins

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.