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Intermap Files 2021 Annual Results
Intermap Files 2021 Annual Results Canada NewsWire Generating 23% rev...
About this update from Intermap Technologies Corporation Class A
[{"type":"text","content":"\n \n \n \n Intermap Files 2021 Annual Results\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Generating 23% revenue growth\n \n \n \n \n Winning significant government contracts and commercial software subscriptions\n \n \n \n \n Strengthening the balance sheet\n \n \n \n \n \n DENVER\n \n \n ,\n \n \n March 31, 2022\n \n \n /CNW/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) (\"Intermap\" or the \"Company\"), a global leader in geospatial intelligence solutions, today filed its audited annual financial statements for the year ended\n \n December 31, 2021\n \n , the annual management discussion and analysis for the corresponding period, related management certifications of annual filings and its annual information form. The documents are available on SEDAR at\n \n www.sedar.com\n \n .\n \n \n Consolidated revenue for the year ended\n \n December 31, 2021\n \n totaled\n \n $5.8 million\n \n , compared with\n \n $4.7 million\n \n for 2020, as the Company began to recover from the disruption related to the COVID-19 pandemic. During 2021, the Company announced several government contract awards, including:\n \n \n \n Won a contract to supply low latency foundation data to the National Geospatial-Intelligence Agency (NGA)\n \n \n Awarded a contract with the U.S. Air Force Research Laboratory (AFRL) to support GPS-denied navigation\n \n \n Selected to be on multiple teams for the U.S. Geological Survey (USGS) GPSC4 program\n \n \n Awarded a contract to map\n \n Borneo\n \n for the government of\n \n Malaysia's\n \n federal mapping agency and completed acquisition of project area\n \n \n Supported the Colombia National Mapping Program with high-resolution digital terrain models over challenging topography\n \n \n \n During the fourth quarter of 2021, the Company commenced operations on a continuing strategic data infrastructure contract for the government of\n \n Malaysia\n \n . Following initial contracting delays during the third quarter of 2021, the program was further delayed after Intermap ...