Intermap Q2 FY26 net loss widens to US$2.1 million; revenue drops 34.59% to US$1.94 million
Reuters2026/09/11 19:21Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Intermap posted a Q2 net loss of US$2.1 million, widening from US$0.8 million a year earlier.
- Revenue fell 33.33% to US$2 million, with no acquisition services revenue versus US$1.4 million last year.
- Operating loss widened to US$2 million from US$0.8 million, as fixed costs rose ahead of expected growth.
- Adjusted EBITDA loss deepened to US$1.4 million from US$0.3 million, on lower revenue from an Indonesia contract delay.
- Cash ended June 30 at US$16.18 million; Intermap agreed to buy PCI Geomatics for C$11 million in cash, targeting an August close.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intermap Technologies Corporation published the original content used to generate this news brief on September 11, 2026, and is solely responsible for the information contained therein.
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