Intermap Technologies Corporation filings document its foreign private issuer reporting for a 3D geospatial products and intelligence solutions business. Form 6-K reports furnish news releases, unaudited interim financial statements, management discussion and analysis, officer certifications and material change reports tied to operating results, subscription and data revenue, government mapping programs and insurance risk analytics.
The company’s SEC record also includes securities registration and financing documents, including a Form F-10 shelf registration, prospectus supplements, term sheets, consents and an underwriting agreement. These filings describe capital-raising activity, capital structure matters, disclosure controls, forward-looking risk factors, and formal updates involving Intermap’s geospatial data products, AI-enabled Risk Assistant and multi-peril risk modeling platform.
Intermap Technologies reported a weak first quarter of 2026, with revenue falling sharply and losses widening. Revenue dropped to $1.4 million from $4.3 million a year earlier, mainly because acquisition services revenue fell to nil after delays in follow-on awards on an Indonesia contract. Software and solutions contributed $1.2 million and value-added data $0.2 million.
Operating loss increased to $2.8 million, and net loss reached $3.0 million, versus $1.2 million in 2025. Adjusted EBITDA deteriorated to negative $2.1 million from negative $0.9 million, reflecting lower revenue and higher fixed costs in anticipation of growth. Cash was $18.8 million and total assets $27.9 million, with shareholders’ equity of $20.2 million. Contract liabilities rose to $3.2 million, largely from upfront software and solutions license fees, indicating revenue to be recognized over future periods.
Intermap Technologies reported first quarter 2026 revenue of $1.4 million, with recurring subscription and data revenue accounting for more than 80% of total revenue. Management said operations were near break-even after excluding timing and financing-related items, while continuing to invest in personnel, infrastructure and deployment readiness.
The company ended the quarter with approximately $18.8 million in cash and $16.3 million in working capital, supporting ongoing growth initiatives and large government tenders such as Indonesia’s World Bank–funded program. Intermap reiterated its 2026 outlook, targeting $30–35 million in revenue and a 28% EBITDA margin, supported by growing enterprise adoption of its AI-enabled data-as-a-service platform and an active, funded government pipeline.
Intermap Technologies reported weaker 2025 results but highlighted a much stronger balance sheet and growing recurring revenue. Total revenue fell to $10.6 million from $17.6 million, and the company posted a net loss of $6.7 million, or $0.11 per share, versus $2.5 million of net income in 2024.
Cash increased sharply to $22.5 million at December 31, 2025, up from $0.4 million a year earlier, with shareholders’ equity rising to $24.6 million from $3.7 million after equity financings. Subscription and data revenue grew 29% to $5.2 million and reached 49% of total revenue, reflecting a shift toward high-margin recurring business.
Intermap has been down-selected for all four remaining lots of Indonesia’s ILASP Project, a potential $200 million opportunity, and reaffirmed 2026 guidance of $30–35 million in revenue with a 28% EBITDA margin. Separately, eight leading Czech insurers adopted its AI flood risk platform as a national underwriting standard, expanding European analytics demand.
Intermap Technologies Corporation filed its Annual Report on Form 40-F for the fiscal year ended December 31, 2025. The filing states 72,437,664 common shares outstanding as of December 31, 2025 and incorporates by reference the Annual Information Form, Audited Consolidated Financial Statements, and MD&A as Exhibits 99.1–99.3. The company reports combined independent auditor billings of $1,075,476 for 2025 and discloses its Code of Business Conduct and Ethics dated May 17, 2021. The filing notes the company is a Canadian foreign private issuer and uses United States dollars for its consolidated financial statements.
Intermap Technologies will release its fourth quarter and full year 2025 financial results after market close on March 31, 2026. On the same day, CEO Patrick A. Blott and CFO Jennifer Bakken will host a live webinar at 5:00 pm ET to review the results and answer investor questions.
The company will post a replay of the webinar and supporting materials on its investor relations webpage. Intermap describes itself as a global provider of 3D geospatial intelligence solutions, using proprietary multi-sensor elevation data, software analytics, and AI/ML to support applications across defense, aviation, insurance, infrastructure, energy, and other sectors.