Q2 2025 Intermap Technologies Corp Earnings Call Transcript
Key Points
- Intermap Technologies Corp (ITMSF) reported a significant increase in total revenue for Q1 2025, reaching $4.3 million, up from $1.7 million in Q1 2024.
- The company achieved a pro forma net income of $833,000, compared to a net loss of $839,000 in the same quarter of the previous year.
- Intermap Technologies Corp (ITMSF) has improved its liquidity profile, raising $8.7 million in the first quarter.
- The company has been selected for a new US DARPA program, highlighting its strong relationship and alignment with 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.
- 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 partially hedges.
- The company is in a sensitive period regarding the Indonesian contract, limiting the information it can disclose about the project's next phases.
- Intermap Technologies Corp (ITMSF) is not affected by recent cross-border tariffs, but it remains exposed to other geopolitical risks.
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 be forward-looking in nature.
These include statements involving known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in our forward-looking statements. For caveats about forward-looking statements and risk factors, please see our MDNA
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
