Intermap Technologies Corp (OTCPK:ITMSF)
$ 0.71 -0.025 (-3.33%) Market Cap: 52.75 Mil Enterprise Value: 35.79 Mil PE Ratio: 0 PB Ratio: 2.64 GF Score: 41/100

Q1 2025 Intermap Technologies Corp Earnings Call Transcript

May 15, 2025 / 09:00 PM GMT
Release Date Price: $1.75 (-0.57%)

Key Points

Positve
  • Intermap Technologies Corp (ITMSF) reported a significant revenue increase of 153% year over year, reaching $4.3 million in Q1 2025.
  • The company achieved a pro forma net income of $833,000, a substantial improvement from a net loss of $839,000 in Q1 2024.
  • Intermap Technologies Corp (ITMSF) successfully raised $8.7 million in the first quarter, enhancing its liquidity profile.
  • The company secured a new US DARPA program, highlighting its strong relationship and alignment with US government requirements.
  • Intermap Technologies Corp (ITMSF) is expanding its commercial reach, introducing multi-payels analytics in North America and securing new contracts in space-based communications and leisure applications.
Negative
  • Currency risks and hedging costs associated with overseas government contracts remain a concern, although mitigated by World Bank funding.
  • The timing of follow-on awards, including those with approved World Bank funding, poses a risk to the company's outlook.
  • Intermap Technologies Corp (ITMSF) faces exposure to currency fluctuations globally, which it only partially hedges.
  • The company is in a sensitive period regarding the Indonesian contract, limiting the information it can disclose about future phases.
  • Intermap Technologies Corp (ITMSF) is still working towards a senior US exchange listing, which is a pull rather than a push, indicating potential delays or challenges.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

IMP.TO - Intermap Technologies Corp
Q1 2025 Intermap Technologies Corp Earnings Call
May 15, 2025 / 09:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon and thank you for joining us for Intermap Technologies conference call to discuss its financial results for the first quarter of 2025. I'm Sean Peaso from Softol Capital, and we handle Intermap's investor relations.

On the call today, we have Intermap's CEO Patrick Blatt and CFO Jennifer Baucin. During the call, all participants are in a listen-only mode. Following the presentation, we will conduct a question and answer session.

We encourage you to submit your questions to the Q&A tab below at any time, and management will answer them following their prepared remarks.

Before management discusses the results, I'd like to remind everyone that certain statements in this call may
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