Intermap Technologies Corp (OTCPK:ITMSF)

Q3 2025 Intermap Technologies Corp Earnings Call Transcript

Nov 13, 2025 / 10:00 PM GMT

Release Date Price: $1.62 (-3.57%)

Transcript

Key Points

Positve

Intermap Technologies Corp (ITMSF) has successfully executed its new program in Indonesia, delivering data better than specifications and building a 1 to 5,000 scale base map in record time.
The company has demonstrated over $100 million of credit support for large government contracting programs, reflecting a positive credit assessment.
Intermap Technologies Corp (ITMSF) raised over $35 million in equity capital, removing the going concern qualification from its financial statements.
Commercial revenue grew 37% year over year, with commercial performance particularly strong in the United States and Europe.
The company is expecting continued growth in its insurance segment, driven by the adoption of its elevation as a service and analytics subscriptions.

Negative

Revenue for the quarter was $1.7 million, a significant decrease from $5 million in the same quarter last year, primarily due to the timing of government programs.
Net loss for the quarter was $1.5 million compared to a net income of $1.1 million in the previous year.
The company faces risks related to the timing of government contract awards and foreign currency volatility.
The US government shutdown caused a slowdown in US government activity, impacting revenue.
Intermap Technologies Corp (ITMSF) is still in the process of uplifting its audit to comply with US securities registrations, which is a time-consuming process.

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

IMP.TO - Intermap Technologies Corp
Q3 2025 Intermap Technologies Corp Earnings Call
Nov 13, 2025 / 10:00PM 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 third quarter of 2025 for the three months ending September 30th, 2025.

I'm Sean Peasgood from Suffolk Capital. We handle Intermap's investor relations. On today's call, we have Intermap CEO Patrick Blott, CFO Jennifer Bakken, and COO Jack Schneider. During the call, all participants are in a listen-only mode. Following the presentation, we'll conduct a question-and-answer session. We encourage you to submit your questions through the Q&A tab at the, at any time, and management will answer them following their prepared remarks.

Before management discusses the results, I'd like

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