INTERMAP TECHNOLOGIES CORP (ITMSF) Form 6-K — Oct 7, 2026
Intermap Technologies completed its acquisition of PCI Geomatics (operating as CATALYST) on October 7, 2026, using $7.7 million of cash via a Canadian court-approved Arrangement. PCI shareholders approved the deal on September 25, 2026, with final court approval on September 28. The acquisition is expected to double Intermap's recurring revenue, adding more than 30,000 installed licenses across over 150 countries, and extends Intermap's AI/ML analytics into distributed edge processing, optical and SAR image processing.
Key figures
- Guidance
- 2027 commercial revenue of $12-15 million (+100% growth) with 50%+ contribution margins; Adjusted EBITDA of approximately $5 million; excludes government procurements
- Cash Position
- $14 million available liquidity at closing
- Deal Value Usd
- 7700000
- Installed licenses
- 30,000+ licenses in over 150 countries
- Adjusted ebitda 2027
- $5 million
- Third party credit support
- $150+ million for Indonesia RFB procurement
AI analysis
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