Intermap Technologies (TSE:IMP) Full Year 2024 Results

Key Financial Results

• Revenue: US$17.6m (up 185% from FY 2023).

• Net income: US$2.46m (up from US$3.70m loss in FY 2023).

• Profit margin: 14% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.

• EPS: US$0.054 (up from US$0.096 loss in FY 2023).

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Intermap Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 54% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Intermap Technologies (1 is potentially serious) you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.