- Revenue guidance for 2025 projects 70% growth, reaching $30-35 million
- Expected EBITDA margin improvement to 28% from 23% in 2024
- Secured C$12 million through upsized bought deal financing
Intermap Technologies (OTCQB: ITMSF), a leader in 3D geospatial products and intelligence solutions, has announced that its Chairman and CEO, Patrick A. Blott, will be presenting at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025. This event comes on the heels of the company's successful C$12 million upsized bought deal completed in February.
The company has provided a revenue guidance for 2025, forecasting $30 to $35 million, signifying a 70% growth at the low end compared to previous figures. Additionally, Intermap anticipates an improvement in its adjusted EBITDA margin, aiming to reach 28% in 2025, up from 23% in 2024.
This projected growth is attributed to the expansion of Intermap's partnerships with Indonesia for proprietary elevation data and its military collaborations for next-generation technologies. The company plans to maintain exclusive commercial rights in these ventures, highlighting its strategic positioning in the global market.
Patrick A. Blott, in anticipation of the showcase, expressed confidence in the company's strengthened position and its potential to accelerate growth and create long-term shareholder value. For those unable to attend, the webcast will be available on the conference platform under the Agenda tab.
