|
|
Three months ended |
Twelve months ended | |||||||||
|
(UNAUDITED) |
December 31, |
December 31, | |||||||||
|
U.S. $ millions |
2017 |
|
2016 |
2017 |
|
2016 | |||||
|
|
|
|
|
|
|
|
|
|
|
| |
|
Net income (loss) |
$ |
0.5 |
|
$ |
(0.2) |
$ |
(1.2) |
|
$ |
(15.3) | |
|
|
Financing costs |
0.6 |
|
1.1 |
2.5 |
|
10.1 | ||||
|
|
Income tax recovery |
0.1 |
|
(2.4) |
(0.1) |
|
(2.4) | ||||
|
|
Depreciation of property and equipment |
0.3 |
|
0.2 |
0.9 |
|
0.8 | ||||
|
|
EBITDA |
$ |
1.5 |
|
$ |
(1.3) |
$ |
2.1 |
|
$ |
(6.8) |
|
|
Non-recurring payments |
0.3 |
|
0.2 |
0.8 |
|
0.2 | ||||
|
|
Change in value of derivative instruments |
- |
|
(0.5) |
(0.1) |
|
(1.9) | ||||
|
|
Restructing costs |
0.1 |
|
0.7 |
0.2 |
|
0.9 | ||||
|
|
Share-based compensation |
0.1 |
|
0.1 |
0.3 |
|
0.3 | ||||
|
|
(Gain) loss on foreign currency translation |
(0.1) |
|
- |
0.2 |
|
0.1 | ||||
|
|
Adjusted EBITDA |
$ |
1.9 |
|
$ |
(0.8) |
$ |
3.5 |
|
$ |
(7.2) |
About Intermap Technologies
Headquartered in Denver, Colorado , Intermap (
www.intermap.com ) is an industry leader in geospatial intelligence solutions. These geospatial solutions are used in a wide range of applications including, but not limited to, location-based information, risk assessment, geographic information systems, engineering, utilities, global positioning systems, oil and gas, renewable energy, hydrology, environmental planning, land management, wireless communications, transportation, advertising, and 3D visualization. Intermap generates revenue from three primary business activities, comprised of i) data acquisition and collection, using proprietary, multi-frequency, radar sensor technologies, ii) value-added data products and services, which leverage the Company's proprietary NEXTMap® database, together with proprietary software and fusion technologies, and iii) commercial applications and solutions, including a webstore and software sales targeting selected industry verticals that rely on accurate high resolution elevation data. The Company is a world leader in geospatial data management and processing, including fusion, analytics, and orthorectification, and has decades of experience aggregating data derived from a number of different sensor technologies and data sources. For more information please visit
www.intermap.com .
