Q4 2025 Intermap Technologies Corp Earnings Call Transcript
Key Points
- Intermap Technologies Corp (ITMSF) reported strong growth in commercial revenue, driven by customer adoption of their technology advances, including proprietary AI capabilities.
- The company successfully introduced the Risk Assistant in the Czech market, with eight leading insurers adopting the AI-assisted risk platform.
- Intermap Technologies Corp (ITMSF) has been down-selected for a World Bank-sponsored procurement process in Indonesia, representing a potential $200 million opportunity.
- Subscription and data revenue grew 29% to $5.2 million, becoming the largest revenue category for the company.
- The company ended the year with a significantly strengthened balance sheet, holding $22.5 million in cash and $24.6 million in shareholders' equity.
- Total revenue for 2025 was $10.6 million, a significant decline from $17.6 million in 2024, primarily due to delays in government programs in Indonesia and the US.
- The company reported an operating loss of $6.9 million for the year, compared to an operating income of $2.5 million in the previous year.
- Net loss for 2025 was $6.7 million, a reversal from a net income of $2.5 million in 2024.
- The decline in revenue was attributed to delays in follow-on work on government programs rather than any loss of existing programs.
- Intermap Technologies Corp (ITMSF) faced increased fixed costs as they continued to invest in infrastructure and capacity to support expected growth in 2026.
Good afternoon, and thank you for joining us for Intermap Technologies' conference call to discuss its financial results for the fourth quarter and full year 2025. (Event Instructions)
Certain information in this presentation constitutes forward-looking statements, including statements regarding revenue growth, conversion of government awards, timing of revenue recognition, expansion of recurring commercial revenue, capital deployment, and future operating performance.
Forward-looking statements are identified by words such as anticipate, expect, project, estimate, forecast, continue, focus, will, and intend. These statements are based on current assumptions and involve risks and uncertainties, including availability of capital, revenue variability, timing and the structure of government contracts, customer concentration, economic conditions, competitive dynamics, technology risk, cybersecurity and other factors described in Intermap's public filings.
Actual results may differ materially. The company undertakes no obligation
| 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
