Intermap Technologies Corp Stock Price, News & Analysis

Intermap Technologies (OTCQB: ITMSF) has filed a final short-form base shelf prospectus in Canadian provinces (except Quebec) and a corresponding Form F-10 registration statement with the SEC. The filing enables Intermap to potentially issue or sell up to $100 million in various securities over the next 25 months in Canada and the United States.

The securities may include common shares, preferred shares, debt securities, subscription receipts, warrants, units, or combinations thereof. The company intends to use potential future financings to expand offerings and pursue new strategic contracts. However, there is no obligation or certainty that any securities will be offered or sold under this prospectus.

Intermap Technologies (OTCQB: ITMSF) reported mixed Q2 2025 results, with revenue declining to $3.0 million from $3.6 million year-over-year. However, operating cash flow showed significant improvement, growing 22% in H1 2025 to $1.4 million. The company successfully raised capital through a 5.3 million share issuance at C$2.25 per share in February 2025, improving working capital to $3.6 million and liquidity to $8.6 million.

Despite Q2 challenges, Intermap reaffirmed its 2025 revenue guidance of $30-35 million with a projected 28% EBITDA margin. The company's commercial insurance business is expanding through AI/ML innovation, particularly with the implementation of its Insurance Risk Assistant Subsystem (IRAS), which improves property risk evaluation and claim predictability by up to 30%.

[ "Operating cash flow grew 22% in H1 2025 to $1.4 million", "Working capital improved to $3.6 million with liquidity increasing to $8.6 million", "Successful capital raise through 5.3 million share issuance at C$2.25/share", "New IRAS product improves claim predictability by up to 30%", "Company maintains strong 2025 guidance of $30-35M revenue with 28% EBITDA margin" ]

Intermap Technologies (OTCQB: ITMSF), a global leader in 3D geospatial products and intelligence solutions, has scheduled its second quarter 2025 financial results announcement for August 14, 2025, after market close.

The company will host a live webinar at 5:00 PM ET on the same day, where CEO Patrick A. Blott and CFO Jennifer Bakken will review results, provide company updates, and address investor questions. A recording and supporting materials will be available on the company's investor relations website following the presentation.

Intermap Technologies (OTCQB: ITMSF) announced the retirement of John (Jack) Hild from his position as an independent member of the Company's Board of Directors and Director of Intermap Federal Services Inc. (IFSI). Mr. Hild, who was inducted into the National Geospatial-Intelligence Agency's Geospatial Intelligence Hall of Fame in 2020, brought extensive experience from his 30-year career at the National Geospatial-Intelligence Agency (NGA) and subsequent role as CIO and VP of Defense and Intelligence Strategy at DigitalGlobe.

During his tenure at Intermap, Hild contributed significantly to the company's growth in federal services, particularly in strategic planning and advanced defense analysis. His departure marks the end of a distinguished period of service where he helped strengthen the company's engagement with key government partners.

Intermap Technologies (OTCQB: ITMSF) held its Annual General Meeting on June 26, 2025, with 45.93% shareholder participation. Shareholders approved all proposed items, including the election of directors and appointment of auditors.

All four nominated directors were elected with strong approval rates above 96%. Patrick A. Blott, Philippe Frappier, John Hild, and Jordan Tongalson will serve until the next annual meeting. MNP LLP was appointed as the company's auditor with 97.42% approval.

Intermap Technologies Corporation announced the appointment of MNP LLP as their new auditors, following KPMG LLP's decision to decline re-appointment for the financial year ending December 31, 2025. KPMG notified the company of their resignation on May 5, 2025. Shareholders will vote on MNP's appointment at the upcoming annual general meeting on June 26, 2025. The Board of Directors will be authorized to fix the remuneration of the new auditors. Notably, KPMG had no modified opinions in their reports on the company's financial statements, and there were no reportable events as defined by National Instrument 51-102. The company clarified that shareholders voting by proxy for "Replacement Auditors" will be voting for MNP's appointment.

Intermap Technologies (ITMSF) reported strong Q1 2025 financial results with total revenue of $4.3 million, representing a 153% growth compared to Q1 2024. The company achieved a 28% pro-forma adjusted EBITDA margin and pro-forma net income of $833,000. Key revenue segments included Acquisition Services ($2.4M), Value-added Data ($514K), and Software and Solutions ($1.3M).

Notable achievements include selection for NGA's $200M Luno B IDIQ contract, progress in Indonesia's national mapping initiative, and new commercial partnerships. The company secured over $1.1M in insurance contracts and expanded partnerships with a global space infrastructure operator and a GPS-enabled golf technology provider. Intermap raised C$12M in February 2025 and confirmed its 2025 guidance of $30-35 million in revenue with a 28% EBITDA margin.

Intermap Technologies (TSX: IMP; OTCQB: ITMSF), a global leader in 3D geospatial products and intelligence solutions, has announced key upcoming corporate events. The company will release its first quarter 2025 financial results after market close on May 15, 2025, followed by a live webinar at 5:00 pm ET.

The earnings webinar will be hosted by CEO Patrick A. Blott, CFO Jennifer Bakken, and COO Jack Schneider, who will review results and address investor questions. Additionally, Intermap will hold its Annual General Meeting (AGM) on June 26, 2025, in Calgary, Alberta, where stakeholders will receive updates on recent developments, operational highlights, and the company's long-term growth vision.

Intermap Technologies (OTCQB: ITMSF) announced its Chairman and CEO Patrick A. Blott will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025. The presentation follows the company's recent C$12 million upsized bought deal in February.

The company provided 2025 revenue guidance of $30-35 million, projecting 70% growth at the low end, with expected adjusted EBITDA margin improvement to 28% from 23% in 2024. This growth is supported by their expanding partnership with Indonesia for proprietary elevation data and military collaborations for next-generation technologies, where Intermap will maintain exclusive commercial rights.