Intermap Technology (TSE:IMP) has released an update.
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Intermap Technologies reported a remarkable 125% increase in second-quarter revenue, achieving $3.6 million, alongside significant gains in operating income and net income. The company is on track with its 2024 financial projections, expecting $16-18 million in revenue and an adjusted EBITDA margin of about 25%. Their growth is largely attributed to strong demand for their 3D geospatial products and intelligence solutions across multiple government and commercial sectors worldwide.
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