Articles from Intermap Technologies

Company reports 2024 revenue of $17.6 million, net income of $2.5 million

Year-to-date insurance awards surpass $1.1 million

DENVER, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced that it plans to release fourth quarter and full year 2024 financial results after market close on Thursday, March 27, 2025.

Luno B will provide the national security community with timely access to high-quality commercial GEOINT

Supporting Prime Contractor Endurance Group

Company reported revenue of $5 million, net income of $1.1 million

DENVER, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced that it plans to release is third quarter 2024 financial results after market close on Thursday, November 14, 2024.

Enhancing data transparency in the Czech real estate market

Luno A budget increased to $290 Million—10x original amount

Global impact forecasting partnership enhances underwriting, risk management and portfolio modeling

Phase two revenue is 5x the size of phase one

Revenue jumped to $3.6 million from $1.6 million last year

Proceeds to Fund Working Capital Needs for Signed Programs

Proceeds to fund contracts with the Indonesian government, U.S. Air Force and other clients

TORONTO, June 28, 2024 (GLOBE NEWSWIRE) -- (TSX: IMP) (OTCQB: ITMSF) – Intermap Technologies Corporation (“Intermap” or the “Company”) held its annual shareholders meeting (the “Meeting”) on June 27, 2024, at the TMX Market Centre, Bourse Room, located at 120 Adelaide St W, Toronto, Ontario. A total of 20,723,331 Class A common shares of Intermap (“Common Shares”), representing 49.17% of the total Common Shares outstanding, were represented in person or by proxy at the Meeting.

Real-world elevation data enables efficient network deployment

Enhancing in-game realism with real 3D mapping

Additional areas added to support high-growth space communications vertical

Recurring revenue represented 51% of total revenue and 72% of commercial revenue

KBC Slovakia implements Intermap’s flood risk solution for insurance and financial applications

3D precision elevation data enhances agriculture practices in Greece

Software and solutions revenue grew 25% in 2023

Continuing long-term work with the Malaysian government

Indonesia awards Intermap $20 million contract to map 10% of the country in 2024

Funds will be used to fund future government opportunities

Funds raised will be used to prepare for upcoming government contracts

Enhanced data and analytics enable insurers to improve natural peril risk management around the world

Driven by subscription-based, as-a-service solutions adopted by major global insurance underwriters

Precision data strengthens flood resilience in West Africa

InsitePro generates strong recurring revenue growth through the first half of 2023

First award from the leading private commercial spacecraft/launch/communications customer, supporting its LEO satellites

The Company reports positive cash flow of $80,000

NEXTMap® data bolsters CAPE’s multisource approach to AI-backed property analytics

High-resolution elevation data facilitates simulations for lunar surface exploration and training missions

Letter of intent signed by SLASPO to provide major insurers with a comprehensive flood risk solution through recurring subscriptions

Reaffirming 2023 revenue guidance of $8 – 10 million

Integration of high-resolution elevation data enhances outdoor mapping experience

Upselling subscription to streamline flood insurance underwriting in the Czech Republic

Providing data and imagery correction for development projects in El Salvador and Honduras

RKF Engineering selects NEXTMap® precision 3D elevation data for efficient network planning

Supporting California’s strategic data infrastructure and operations with high-resolution elevation models

First quarter software and solutions revenue increased 42% year over year

3D elevation data critical for managing agriculture and natural resources

High-resolution elevation data is critical to upgrade telecom networks in Vietnam

Supporting expansion into the U.S. across multiple airports for automated aviation with certified elevation data

Upsell grows monthly recurring revenue by more than 13% since the end of 2022

Revenue grew 17% year over year

Providing access to flood risk solution for 2,000 real estate brokers in the Czech Republic

Providing global insurance companies with advanced flood risk analytics

Machine learning technique drives patented processing for flood risk assessment

Advanced AI/ML technology enhances datasets that support clean energy initiatives

Major clients renew and increase subscription size

Suppling digital terrain data critical for dam inundation analysis, emergency action plans and climate risk management

AI/ML/NLP solution accepted for next stage of solicitation

First task order completed within 48 hours

Conducting flood management analysis and creating flood maps for the greater Bangkok metropolitan area

Intermap providing 3D elevation data and imagery to ensure fresh water for Singapore

Subscription renewals grow in dollars and contract duration in the fourth quarter