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Intermap Technology (IMP) AI Stock Analysis
Intermap Technology
(TSX:IMP)
The score is held down primarily by weak financial performance (large TTM losses, heavily negative margins, and sustained cash burn), only partly offset by a less-levered balance sheet. Technicals add a modest headwind due to the longer-term downtrend (below the 100/200-day averages). The earnings call provides some offset via strategic progress (PCI acquisition and commercial/value-added data growth), but near-term execution and timing risks (Indonesia awards and PCI close) remain significant, and valuation support is limited given negative earnings and no dividend yield.
Intermap Technology (IMP) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 56.07M
- Dividend Yield
- ―
- Average Volume (3M)
- 48.56K
- Price to Earnings (P/E)
- -3.8
- Beta (1Y)
- 1.87
- Revenue Growth
- -66.56%
- EPS Growth
- -940.17%
- Country
- Canada
- Employees
- 102
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
Intermap Technology Business Overview & Revenue Model
Company Description
Intermap Technologies Corporation is a geospatial intelligence firm that delivers a wide array of solutions and analytical tools across the United States, Asia Pacific, and European markets. Their portfolio includes Data-as-a-Service (DaaS) offerings...
How the Company Makes Money
Intermap makes money primarily by monetizing geospatial data and derived analytics. Key revenue streams include: (1) Data licensing and sales: generating revenue from licensing or selling access to its 3D elevation datasets (e.g., digital elevation m...
Intermap Technology Earnings Call Summary
The call presents a balanced mix of strategic progress and near-term financial weakness. Highlights include a transformative acquisition (PCI Geomatics) that expands capabilities and recurring revenue potential, strong growth in value-added data and AI-driven products, defense contract wins, and continued investment in platform capacity with a modest cash runway ($16.2M). Lowlights center on significant revenue declines (Q2 down ~33% and H1 down ~53%), a widened net loss and negative adjusted EBITDA, the absence of acquisition services revenue due to Indonesia procurement delays, and dependency on the timing/outcome of the Indonesian follow-on award and the PCI close—both material near-term variables. Given the meaningful strategic positives that could drive long-term upside but material short-term operational and timing risks that have depressed results, the overall tone is cautiously optimistic but uncertain.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management reiterated guidance for double‑digit commercial revenue growth and said the company’s prior $30.0M target would likely be conservative if Indonesia awards this year and Intermap wins, but timing of that award is the principal near‑term variable and guidance will be updated after the PCI Geomatics close; PCI is expected to close by end‑September with CAD 11.0M cash at closing. For context, Q2 revenue was $2.0M and revenue for the first six months was $3.4M, with Software & Solutions at $1.3M (software prepaid up 35%), Value‑added Data $0.7M (vs $0.3M prior year), Acquisition Services $0 (vs $1.4M prior), net loss $2.1M ($0.03/share), adjusted EBITDA -$1.4M, cash $16.2M, working capital $12.6M, and contract liabilities $3.5M (≈88% relates to prepaid software/license revenue).
Intermap Technology Financial Statement Overview
Summary
Financial performance is weak: the Income Statement score (18) and Cash Flow score (21) reflect sharply deteriorated TTM profitability, deeply negative margins, and ongoing cash burn (negative operating cash flow and free cash flow). The Balance Sheet score (52) is a partial offset with relatively low leverage in recent periods, but negative ROE and a history of fragile equity reduce confidence.
Income Statement
18Very NegativeBalance Sheet
52NeutralCash Flow
21Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Mar 2024 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.62M | 10.57M | 17.64M | 6.20M | 6.79M | 5.80M |
| Gross Profit | -7.50M | -4.08M | 5.06M | -1.54M | 3.98M | 2.87M |
| EBITDA | -5.46M | -5.19M | 3.65M | -2.40M | -3.46M | -1.51M |
| Net Income | -9.77M | -6.71M | 2.46M | -3.70M | -5.28M | -3.36M |
Balance Sheet | ||||||
| Total Assets | 25.92M | 31.73M | 11.94M | 4.54M | 6.33M | 7.45M |
| Cash, Cash Equivalents and Short-Term Investments | 16.15M | 22.52M | 445.00K | 677.00K | 843.00K | 188.00K |
| Total Debt | 2.31M | 1.97M | 1.19M | 1.10M | 1.17M | 1.22M |
| Total Liabilities | 8.31M | 7.17M | 8.20M | 8.10M | 7.75M | 6.60M |
| Stockholders Equity | 17.61M | 24.56M | 3.74M | -3.56M | -1.42M | 852.00K |
Cash Flow | ||||||
| Free Cash Flow | -8.91M | -5.09M | -4.04M | -1.02M | -1.75M | -3.88M |
| Operating Cash Flow | -7.14M | -4.13M | -1.79M | -602.00K | -1.51M | -2.49M |
| Investing Cash Flow | -2.21M | -959.00K | -2.25M | -421.00K | -243.00K | -1.39M |
| Financing Cash Flow | 18.14M | 26.59M | 3.80M | 830.00K | 2.41M | 2.27M |
Intermap Technology Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IMP, the sentiment is Negative. The current price of 0.76 is below the 20-day moving average (MA) of 0.80, below the 50-day MA of 0.89, and below the 200-day MA of 1.29, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 38.18 is Neutral, neither overbought nor oversold. The STOCH value of 59.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:IMP.
Intermap Technology Peers Comparison
Overall Rating
TSE:CTZ77Outperform
TSE:XTRA59Neutral
TSE:CMG51Neutral- TSE:IMP44Neutral
TSE:SYZ40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:CTZ | 77Outperform | CAD 29.81M | 12.02 | 26.14% | ― | 10.36% | 3.87% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| TSE:XTRA | 59Neutral | CAD 114.45M | -16.13 | -41.81% | ― | 108.03% | 47.36% |
| TSE:CMG | 51Neutral | CAD 285.37M | 20.78 | 18.44% | 1.02% | -3.23% | -27.76% |
| TSE:IMP | 44Neutral | CAD 56.81M | -3.77 | -43.54% | ― | -66.56% | -940.17% |
| TSE:SYZ | 40Underperform | CAD 62.90M | -6.29 | -38.65% | 1.45% | -6.63% | -207.84% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:IMP | Intermap Technology | 0.76 | -1.85 | -70.88% | |
| TSE:CMG | Computer Modelling | 3.92 | -1.27 | -24.47% | |
| TSE:CTZ | Namsys Inc. | 1.13 | -0.05 | -4.40% | |
| TSE:XTRA | Xtract One | 0.45 | -0.25 | -35.71% | |
| TSE:SYZ | Sylogist Ltd | 2.76 | -2.63 | -48.75% |
Intermap Technology Corporate Events
Intermap Buys PCI Geomatics to Double Recurring Revenue and Expand Edge Geospatial Capabilities
PositiveIntermap Technologies has completed its acquisition of PCI Geomatics, a deal that integrates PCI’s optical and edge processing software with Intermap’s proprietary 3D data and AI/ML analytics. The combination embeds Intermap technology in...
Intermap Wins Three-Year Colonnade Deal to Expand Insurance Analytics in Central Europe
PositiveIntermap Technologies has signed a three-year subscription agreement with Colonnade Insurance, a Fairfax Financial-owned non-life insurer, to deliver an integrated flood risk and property valuation solution. The deployment allows Colonnade to evaluat...
Intermap Adds Former Senior U.S. Diplomat to Federal Services Advisory Board
PositiveIntermap Technologies has appointed former senior U.S. diplomat and Army Special Forces officer John T. McNamara to the Board of Advisors of Intermap Federal Services, the company’s U.S. federal-focused subsidiary. McNamara’s deep experie...
Intermap to Acquire PCI Geomatics as Indonesian Delays Hit Q2 Results
NeutralIntermap Technologies reported second-quarter 2026 revenue of $2.0 million, down from $3.0 million a year earlier, as the absence of Acquisition Services revenue from delayed Indonesian follow-on contracts weighed on results. The company’s net...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 15, 2026