04:58 PM EDT, 08/14/2025 (MT Newswires) -- Intermap Technologies ( ITMSF ) after trade Thursday said its second-quarter revenue declined while operating cash flow rose year-over-year.

The company reported revenue for the quarter ended June 30 of US$3 million, down from US$3.6 million a year ago, due to timing effects from Indonesia and a commercial contract. FactSet expected Q2 revenue of US$4.3 million.

Profit or loss detail was not disclosed.

Operating cash flow stood at US$2.1 million, compared with a use of US$500,000 in the year-ago quarter.

Intermap ( ITMSF ) said it is reaffirming its 2025 revenue forecast of US$30 to US$35 million and expects an EBITDA margin of 28%.

"The company does not provide quarterly guidance and anticipates meeting its annual numbers based on expectations for the full year. Primary risks to the outlook include timing effects of government tenders and commercial adoption of new product launches," it added.

The company's shares closed down $0.03 to $2.96 on the Toronto Stock Exchange.