Intermap FY26 Q1 net loss widens to USD 3.03 million; revenue drops to USD 1.41 million

  • Intermap posted a net loss of USD 3.03 million, widening from USD 1.21 million a year earlier, with loss per share at USD 0.04 versus USD 0.02.
  • Revenue fell to USD 1.41 million from USD 4.26 million, as acquisition services recorded no revenue versus USD 2.41 million a year earlier.
  • Operating loss widened to USD 2.76 million from USD 1.21 million, while operating costs eased to USD 3.78 million from USD 5.15 million.
  • Cash declined to USD 18.77 million at March 31, 2026 from USD 22.52 million at Dec. 31, 2025, with cash used in operating activities increasing to USD 1.47 million from USD 618,000.
  • Subsequent to quarter-end, Intermap settled 1,244,032 RSUs through issuance of Class A common shares, while extinguishing its project financing loan via a cash settlement of CDN$60,000 for an outstanding obligation of CDN$240,000.


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