Intermap Technologies Corporation reports developments in 3D geospatial products and intelligence solutions for insurance, government and commercial customers. Company updates include adoption of its AI-enabled Risk Assistant, property-level flood risk analytics, 3D elevation data, precision vector datasets and multi-peril hazard layers used in underwriting, property valuation, portfolio risk management and claims validation.
Recurring Intermap news also covers national mapping and flood-forecasting programs, government geospatial data infrastructure work, subscription and data revenue trends, quarterly and annual financial results, equity financing activity and securities registration matters. The company’s announcements connect operating performance to demand for elevation-as-a-service, risk modeling and large-scale geospatial programs.
Intermap (OTCQB: ITMSF) announced a Malaysian contract to supply high-resolution DEM data for Sabah’s portion of the National Flood Forecasting and Warning Program, with data delivery in Q1 2026. The company said the World Bank-funded Indonesian ILASPP decision date was extended two weeks and now moves into 2026. Intermap reported a recent insurance upsell of $2.25M and removed its 2025 guidance, issuing initial 2026 guidance of $30–35M revenue and a 28% EBITDA margin. Management cited typical government tender timing and highlighted risks around contract awards, subscription renewals and revenue recognition.
Intermap (OTCQB: ITMSF) reported Q3 2025 results on Nov 13, 2025. The company raised $21 million via a bought deal and private placement, increasing shareholders’ equity to $27.2 million and strengthening the balance sheet. Quarterly revenue was $1.7M (Q3 2024: $5.0M); year-to-date revenue was $9.0M (YTD 2024: $10.2M). Commercial software revenue grew 37%, driven by AI Risk Assistant adoption in Europe and the U.S. Adjusted EBITDA was negative $1.0M; net loss was $1.5M. Working capital was $23.3M, and going concern qualification was removed. The company reaffirmed 2025 guidance of $30–35M revenue and a 28% EBITDA margin.
Intermap (OTCQB: ITMSF) will release third quarter 2025 financial results after market close on Thursday, November 13, 2025. The company will host a live webinar with CEO Patrick A. Blott and CFO Jennifer Bakken on November 13, 2025 at 5:00 pm ET to review results, provide updates and take investor questions. A recording and supporting materials will be posted on the company's investor relations page.
Intermap Technologies (OTCQB: ITMSF) has filed a final short-form base shelf prospectus in Canada and a corresponding Form F-10 registration statement with the SEC. The filing enables the company to issue or sell up to $100 million of various securities over the next 25 months in Canada and the United States.
The securities may include common shares, preferred shares, debt securities, subscription receipts, warrants, units, or combinations thereof. The company intends to use potential future financings to expand and develop its offerings and pursue new strategic contracts. However, there is no obligation or certainty that any securities will be offered or sold under this prospectus.
Intermap Technologies (OTCQB: ITMSF) has filed a final short-form base shelf prospectus in Canadian provinces (except Quebec) and a corresponding Form F-10 registration statement with the SEC. The filing enables Intermap to potentially issue or sell up to $100 million in various securities over the next 25 months in Canada and the United States.
The securities may include common shares, preferred shares, debt securities, subscription receipts, warrants, units, or combinations thereof. The company intends to use potential future financings to expand offerings and pursue new strategic contracts. However, there is no obligation or certainty that any securities will be offered or sold under this prospectus.
Intermap Technologies (OTCQB: ITMSF) reported mixed Q2 2025 results, with revenue declining to $3.0 million from $3.6 million year-over-year. However, operating cash flow showed significant improvement, growing 22% in H1 2025 to $1.4 million. The company successfully raised capital through a 5.3 million share issuance at C$2.25 per share in February 2025, improving working capital to $3.6 million and liquidity to $8.6 million.
Despite Q2 challenges, Intermap reaffirmed its 2025 revenue guidance of $30-35 million with a projected 28% EBITDA margin. The company's commercial insurance business is expanding through AI/ML innovation, particularly with the implementation of its Insurance Risk Assistant Subsystem (IRAS), which improves property risk evaluation and claim predictability by up to 30%.
[ "Operating cash flow grew 22% in H1 2025 to $1.4 million", "Working capital improved to $3.6 million with liquidity increasing to $8.6 million", "Successful capital raise through 5.3 million share issuance at C$2.25/share", "New IRAS product improves claim predictability by up to 30%", "Company maintains strong 2025 guidance of $30-35M revenue with 28% EBITDA margin" ]Intermap Technologies (OTCQB: ITMSF), a global leader in 3D geospatial products and intelligence solutions, has scheduled its second quarter 2025 financial results announcement for August 14, 2025, after market close.
The company will host a live webinar at 5:00 PM ET on the same day, where CEO Patrick A. Blott and CFO Jennifer Bakken will review results, provide company updates, and address investor questions. A recording and supporting materials will be available on the company's investor relations website following the presentation.
Intermap Technologies (OTCQB: ITMSF) announced the retirement of John (Jack) Hild from his position as an independent member of the Company's Board of Directors and Director of Intermap Federal Services Inc. (IFSI). Mr. Hild, who was inducted into the National Geospatial-Intelligence Agency's Geospatial Intelligence Hall of Fame in 2020, brought extensive experience from his 30-year career at the National Geospatial-Intelligence Agency (NGA) and subsequent role as CIO and VP of Defense and Intelligence Strategy at DigitalGlobe.
During his tenure at Intermap, Hild contributed significantly to the company's growth in federal services, particularly in strategic planning and advanced defense analysis. His departure marks the end of a distinguished period of service where he helped strengthen the company's engagement with key government partners.
Intermap Technologies (OTCQB: ITMSF) held its Annual General Meeting on June 26, 2025, with 45.93% shareholder participation. Shareholders approved all proposed items, including the election of directors and appointment of auditors.
All four nominated directors were elected with strong approval rates above 96%. Patrick A. Blott, Philippe Frappier, John Hild, and Jordan Tongalson will serve until the next annual meeting. MNP LLP was appointed as the company's auditor with 97.42% approval.