Sales growth and …

Appearance date: May 15, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• Intermap Technologies Corp (ITMSF) recorded a significant turn of sales of 153% compared to the previous year and reached $ 4.3 million in the first quarter of 2025.

• The company achieved a Pro forma net profit of $ 833,000, which significantly improved in the first quarter of 2024 by a net loss of $ 839,000.

• Intermap Technologies Corp (ITMSF) successfully collected 8.7 million US dollars in the first quarter and improved the liquidity profile.

• The company secured a new US -Darpa program and emphasized its strong relationship and focus on the requirements of the US government.

• Intermap Technologies Corp (ITMSF) extends its commercial range, leads to the introduction of multi-playels analyzes in North America and securing new contracts in spatial-based communication and leisure applications.

• Currency risks and security costs in connection with state contracts in overseas remain a problem, even though they are reduced by financing the World Bank.

• The time of follow -up prices, including those with approved financing of the World Bank, is a risk of the company's prospects.

• Intermap Technologies Corp (ITMSF) sees itself exposed to worldwide, which only partially turns.

• The company is located in a sensitive period in relation to the Indonesian contract and limits the information that can disclose it via future phases.

• Intermap Technologies Corp (ITMSF) is still working on a senior exchange list, which is more of a train than a pressure that indicates potential delays or challenges.

Q: Can you update us by progress to secure the next phase of the Indonesian program? Are you still imagining that the next phase is greater than phase one and what you have in timing? A: We expect it to be bigger because it does a lot of work. The first phase was only 10% of the country. You are in a quiet time, and we are too. So we don't say much about it, but as soon as you prioritize what you want to complete first, we will praise it and we share it with the market. – Patrick Blott, CEO

Q: What are the goals where Indonesia is solved with your technology? A: Several goals, but the most important thing is sovereignty. Indonesia has over 17,500 islands and needs precise mapping for sovereignty purposes. The mapping also supports disaster management, planning and commercial applications such as the flooding -underwriting. – Patrick Blott, CEO

Q: Will Indonesia be a unique contract or a number of follow -up contracts in the next few years? A: It will be a number of follow -up contracts. Indonesia works on a “One Map” program that is a legislative and presidential directive supported by the World Bank. The aim is to create a high-resolution 3D area model of the whole country. – Patrick Blott, CEO