For the first quarter ending March 31, 2025 Total revenue of $4.3 million, compared with $1.7 million in the first quarter of 2024Acquisition Services revenue of $2.4 million versus $478 thousand in the year-ago quarterValue-added Data revenue of $514 thousand versus $266 thousand in the year-ago quarterSoftware and Solutions revenue of $1.3 million, compared with $942 thousand in the first quarter of 202428% pro-forma adjusted EBITDA margin versus 25% in the first quarter of 2024 Intermap invested to support permitting and pursuit costs on behalf of its partners for follow-on awards Pro-forma net income of $833 thousand, compared with a net loss of $839 thousand in the first quarter of 2024Total assets of $19.2 million versus $11.9 million on December 31, 2024Cash, unbilled and A/R totaled $13.9 million versus $6.5 million on December 31, 2024 "We’re seeing strong momentum across our government and commercial segments,” said Patrick A.
Company reports first quarter 2025 revenue growth of 153% with 28% pro-forma adjusted EBITDA margin Confirms projected 2025 revenue of $30–35 million and 28% EBITDA margin Conference call today at 5:00 pm ET to discuss results DENVER, May 15, 2025 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) ("Intermap” or the "Company”), a global leader in 3D geospatial services and intelligence solutions, today announced first quarter 2025 results and affirmed 2025 guidance.
Intermap’s forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap’s Annual Information Form and other securities filings.
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