Intermap Technologies Corporation (IMP) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, and thank you for joining us for Intermap Technologies conference call to discuss its financial results for the first quarter of 2026. On the call today, we have CEO Patrick Blott and CFO Jennifer Balkin. Before I pass the call to management, I want to let everyone know you're in a listen-only mode. If you have a question, please enter them in the question box at the bottom of the webinar at any time, and we'll ask them at the end of the call. Certain information in this presentation constitutes forward-looking statements, including statements regarding revenue growth, conversion of government awards, timing of revenue recognition, expansion of recurring commercial revenue, capital deployment and future operating performance. Forward-looking statements are identified by words such as anticipate, expect, project, estimate, forecast, continue, focus, will and intend. These statements are based on current assumptions and involve risks and uncertainties, including availability of capital, revenue variability, timing and structure of government contracts, customer concentration, economic conditions, competitive dynamics, technology risks, cybersecurity, and other factors described in InterMAP's public filings. Actual results may differ materially. The company undertakes no obligation to update forward-looking statements except as required by law. And out of the way, I'd like to pass the call to CEO Patrick Platt. Thanks, Sean. We're on slide three. Good afternoon, everyone, and thank you for joining us. We just had an in-depth call a few weeks ago, so I will focus on the highlights today. The first quarter demonstrates the strength of Intermap's commercial business. Slide four. Recurring subscription and data revenue exceeded 80% of total revenue. we conti...