Latest news with #EBITDA
Yahoo
13 minutes ago
- Business
- Yahoo
BMO Lifts Vistra (VST) Target on Strong Q2 Results and Deal Optimism
Vistra Corp. (NYSE:VST) is one of the . On August 12, BMO Capital analyst James Thalacker raised the price target on the stock to $229.00 (from $191.00) while maintaining an Outperform rating. The rating affirmation follows Vistra's Q2 adjusted EBITDA beat and raised guidance. The management has highlighted the ongoing interest in Comanche Peak and the optimism that a deal may close. '2Q25 EBITDA of $1,349mm was above consensus's/our own estimates of $1,190mm (+13%)/$1,260mm. The company reaffirmed the FY25 EBITDA guidance of $5,500-6,100mm and FCFbG of $3,000-3,600mm. Management increased its 2026 Adj. EBITDA midpoint to $6,800mm+ given the uplift from the 2026/27 BRA and its hedging activity (2026 financial guidance expected with 3Q25 results)." A professional financial analyst studying data on a computer, illustrating the company's index investment decisions. "More importantly, management indicated there has been a lot of interest in Comanche Peak, and while not ready to preannounce anything, they feel good about getting a deal done. Remain Outperform. Our SOTP/MTM target price moves to $229/share.' Vistra Corp. (NYSE:VST) operates as an integrated retail electricity and power generation company. While we acknowledge the potential of VST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Business
- Yahoo
Intermap Technologies Corp (ITMSF) Q2 2025 Earnings Call Highlights: A Remarkable Turnaround ...
Total Revenue: $4.3 million, a 153% increase year over year from $1.7 million in Q1 2024. Pro Forma Adjusted EBITDA Margin: 28%, up from 25% in Q1 2024. Pro Forma Net Income: $833,000 compared to a net loss of $839,000 in Q1 2024. Total Assets: $19.2 million, up from $11.9 million as of December 31, 2024. Cash, Unbilled Accounts Receivable: $13.9 million, up from $6.5 million as of December 31, 2024. Acquisition Services Revenue: $2.4 million, a 402% increase from $478,000 in Q1 2024. Value-Added Data Revenue: $510,000, a 96% increase from $255,000 in Q1 2024. Software and Solutions Revenue: $1.3 million, a 43% increase from $942,000 in Q1 2024. Equity Financing: Closed a deal for gross proceeds of CAD $12 million. Warning! GuruFocus has detected 6 Warning Signs with ITMSF. Release Date: August 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Intermap Technologies Corp (ITMSF) reported a significant increase in total revenue for Q1 2025, reaching $4.3 million, up from $1.7 million in Q1 2024. The company achieved a pro forma net income of $833,000, compared to a net loss of $839,000 in the same quarter of the previous year. Intermap Technologies Corp (ITMSF) has improved its liquidity profile, raising $8.7 million in the first quarter. The company has been selected for a new US DARPA program, highlighting its strong relationship and alignment with government requirements. Intermap Technologies Corp (ITMSF) is expanding its commercial reach, introducing multi-payels analytics in North America and securing new contracts in space-based communications and leisure applications. Negative Points Currency risks and hedging costs associated with overseas government contracts remain a concern, although mitigated by World Bank funding. The timing of follow-on awards, including those with approved World Bank funding, poses a risk to the company's outlook. Intermap Technologies Corp (ITMSF) faces exposure to currency fluctuations globally, which it partially hedges. The company is in a sensitive period regarding the Indonesian contract, limiting the information it can disclose about the project's next phases. Intermap Technologies Corp (ITMSF) is not affected by recent cross-border tariffs, but it remains exposed to other geopolitical risks. Q & A Highlights Q: Can you update us on the progress towards securing the next phase of the Indonesian program? Do you still envision the next phase being larger than phase one and any sense you have on timing? A: We expect it to be larger because there's a lot of work to get done. The first phase was only 10% of the country. They're in a quiet period right now, and so are we. Once they prioritize internally, what they want completed first, we'll price it and share it with the market. - Patrick Blott, Executive Chairman & CEO Q: What are the goals that Indonesia is working to solve with your technology? A: Several goals, but the most important one is sovereignty. Indonesia has over 17,500 islands and needs precise mapping for sovereignty and disaster management. The data also has commercial applications, such as flood underwriting. - Patrick Blott, Executive Chairman & CEO Q: Will Indonesia be a one-time contract or a series of follow-on contracts over the next few years? A: It's a series of follow-on contracts. Indonesia is working on a "one map" program, a legislative and Presidential directive supported by the World Bank, aiming to create a high-resolution 3D terrain model of the entire country. - Patrick Blott, Executive Chairman & CEO Q: Can you talk about if any other countries are also looking to engage you for data acquisition/mapping similar to Indonesia? A: Yes, this is a market-leading specification with a lot of interest from other countries due to the value it creates. - Patrick Blott, Executive Chairman & CEO Q: Does the company do any pilot studies to show government entities the value of using Intermap to provide geospatial technology? A: Yes, we have demonstrable economic benefits in our commercial business, which we can quantify and demonstrate, particularly in sectors like insurance. - Patrick Blott, Executive Chairman & CEO Q: The NGA is an important customer, though it has been pressured to reduce costs. Have those pressures impacted demand or how they deal with you? A: No, the defense budget is increasing to over $1 trillion. Organizations like NGA are restructuring to provide authoritative data in a distributed fashion, aligning with Intermap's focus on automation, speed, and scale. - Patrick Blott, Executive Chairman & CEO Q: Can you update us on the Luno A&B programs and your confidence in winning task orders there? A: The programs are upsizing, with $500 million allocated and funded. They are focused on getting more commercial sources and capabilities, which aligns well with Intermap's offerings. - Patrick Blott, Executive Chairman & CEO Q: Are you still tracking towards a senior US exchange listing later this year? A: Yes, we filed registration with the SEC last quarter. This is driven by our growth and shareholder base, aiming to ensure proper setup for capital access and market liquidity. - Patrick Blott, Executive Chairman & CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
5 hours ago
- Business
- Yahoo
Intermap Technologies Corp (ITMSF) Q2 2025 Earnings Call Highlights: A Remarkable Turnaround ...
Total Revenue: $4.3 million, a 153% increase year over year from $1.7 million in Q1 2024. Pro Forma Adjusted EBITDA Margin: 28%, up from 25% in Q1 2024. Pro Forma Net Income: $833,000 compared to a net loss of $839,000 in Q1 2024. Total Assets: $19.2 million, up from $11.9 million as of December 31, 2024. Cash, Unbilled Accounts Receivable: $13.9 million, up from $6.5 million as of December 31, 2024. Acquisition Services Revenue: $2.4 million, a 402% increase from $478,000 in Q1 2024. Value-Added Data Revenue: $510,000, a 96% increase from $255,000 in Q1 2024. Software and Solutions Revenue: $1.3 million, a 43% increase from $942,000 in Q1 2024. Equity Financing: Closed a deal for gross proceeds of CAD $12 million. Warning! GuruFocus has detected 6 Warning Signs with ITMSF. Release Date: August 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Intermap Technologies Corp (ITMSF) reported a significant increase in total revenue for Q1 2025, reaching $4.3 million, up from $1.7 million in Q1 2024. The company achieved a pro forma net income of $833,000, compared to a net loss of $839,000 in the same quarter of the previous year. Intermap Technologies Corp (ITMSF) has improved its liquidity profile, raising $8.7 million in the first quarter. The company has been selected for a new US DARPA program, highlighting its strong relationship and alignment with government requirements. Intermap Technologies Corp (ITMSF) is expanding its commercial reach, introducing multi-payels analytics in North America and securing new contracts in space-based communications and leisure applications. Negative Points Currency risks and hedging costs associated with overseas government contracts remain a concern, although mitigated by World Bank funding. The timing of follow-on awards, including those with approved World Bank funding, poses a risk to the company's outlook. Intermap Technologies Corp (ITMSF) faces exposure to currency fluctuations globally, which it partially hedges. The company is in a sensitive period regarding the Indonesian contract, limiting the information it can disclose about the project's next phases. Intermap Technologies Corp (ITMSF) is not affected by recent cross-border tariffs, but it remains exposed to other geopolitical risks. Q & A Highlights Q: Can you update us on the progress towards securing the next phase of the Indonesian program? Do you still envision the next phase being larger than phase one and any sense you have on timing? A: We expect it to be larger because there's a lot of work to get done. The first phase was only 10% of the country. They're in a quiet period right now, and so are we. Once they prioritize internally, what they want completed first, we'll price it and share it with the market. - Patrick Blott, Executive Chairman & CEO Q: What are the goals that Indonesia is working to solve with your technology? A: Several goals, but the most important one is sovereignty. Indonesia has over 17,500 islands and needs precise mapping for sovereignty and disaster management. The data also has commercial applications, such as flood underwriting. - Patrick Blott, Executive Chairman & CEO Q: Will Indonesia be a one-time contract or a series of follow-on contracts over the next few years? A: It's a series of follow-on contracts. Indonesia is working on a "one map" program, a legislative and Presidential directive supported by the World Bank, aiming to create a high-resolution 3D terrain model of the entire country. - Patrick Blott, Executive Chairman & CEO Q: Can you talk about if any other countries are also looking to engage you for data acquisition/mapping similar to Indonesia? A: Yes, this is a market-leading specification with a lot of interest from other countries due to the value it creates. - Patrick Blott, Executive Chairman & CEO Q: Does the company do any pilot studies to show government entities the value of using Intermap to provide geospatial technology? A: Yes, we have demonstrable economic benefits in our commercial business, which we can quantify and demonstrate, particularly in sectors like insurance. - Patrick Blott, Executive Chairman & CEO Q: The NGA is an important customer, though it has been pressured to reduce costs. Have those pressures impacted demand or how they deal with you? A: No, the defense budget is increasing to over $1 trillion. Organizations like NGA are restructuring to provide authoritative data in a distributed fashion, aligning with Intermap's focus on automation, speed, and scale. - Patrick Blott, Executive Chairman & CEO Q: Can you update us on the Luno A&B programs and your confidence in winning task orders there? A: The programs are upsizing, with $500 million allocated and funded. They are focused on getting more commercial sources and capabilities, which aligns well with Intermap's offerings. - Patrick Blott, Executive Chairman & CEO Q: Are you still tracking towards a senior US exchange listing later this year? A: Yes, we filed registration with the SEC last quarter. This is driven by our growth and shareholder base, aiming to ensure proper setup for capital access and market liquidity. - Patrick Blott, Executive Chairman & CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
5 hours ago
- Business
- Yahoo
Intermap Technologies Corp (ITMSF) Q2 2025 Earnings Call Highlights: A Remarkable Turnaround ...
Total Revenue: $4.3 million, a 153% increase year over year from $1.7 million in Q1 2024. Pro Forma Adjusted EBITDA Margin: 28%, up from 25% in Q1 2024. Pro Forma Net Income: $833,000 compared to a net loss of $839,000 in Q1 2024. Total Assets: $19.2 million, up from $11.9 million as of December 31, 2024. Cash, Unbilled Accounts Receivable: $13.9 million, up from $6.5 million as of December 31, 2024. Acquisition Services Revenue: $2.4 million, a 402% increase from $478,000 in Q1 2024. Value-Added Data Revenue: $510,000, a 96% increase from $255,000 in Q1 2024. Software and Solutions Revenue: $1.3 million, a 43% increase from $942,000 in Q1 2024. Equity Financing: Closed a deal for gross proceeds of CAD $12 million. Warning! GuruFocus has detected 6 Warning Signs with ITMSF. Release Date: August 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Intermap Technologies Corp (ITMSF) reported a significant increase in total revenue for Q1 2025, reaching $4.3 million, up from $1.7 million in Q1 2024. The company achieved a pro forma net income of $833,000, compared to a net loss of $839,000 in the same quarter of the previous year. Intermap Technologies Corp (ITMSF) has improved its liquidity profile, raising $8.7 million in the first quarter. The company has been selected for a new US DARPA program, highlighting its strong relationship and alignment with government requirements. Intermap Technologies Corp (ITMSF) is expanding its commercial reach, introducing multi-payels analytics in North America and securing new contracts in space-based communications and leisure applications. Negative Points Currency risks and hedging costs associated with overseas government contracts remain a concern, although mitigated by World Bank funding. The timing of follow-on awards, including those with approved World Bank funding, poses a risk to the company's outlook. Intermap Technologies Corp (ITMSF) faces exposure to currency fluctuations globally, which it partially hedges. The company is in a sensitive period regarding the Indonesian contract, limiting the information it can disclose about the project's next phases. Intermap Technologies Corp (ITMSF) is not affected by recent cross-border tariffs, but it remains exposed to other geopolitical risks. Q & A Highlights Q: Can you update us on the progress towards securing the next phase of the Indonesian program? Do you still envision the next phase being larger than phase one and any sense you have on timing? A: We expect it to be larger because there's a lot of work to get done. The first phase was only 10% of the country. They're in a quiet period right now, and so are we. Once they prioritize internally, what they want completed first, we'll price it and share it with the market. - Patrick Blott, Executive Chairman & CEO Q: What are the goals that Indonesia is working to solve with your technology? A: Several goals, but the most important one is sovereignty. Indonesia has over 17,500 islands and needs precise mapping for sovereignty and disaster management. The data also has commercial applications, such as flood underwriting. - Patrick Blott, Executive Chairman & CEO Q: Will Indonesia be a one-time contract or a series of follow-on contracts over the next few years? A: It's a series of follow-on contracts. Indonesia is working on a "one map" program, a legislative and Presidential directive supported by the World Bank, aiming to create a high-resolution 3D terrain model of the entire country. - Patrick Blott, Executive Chairman & CEO Q: Can you talk about if any other countries are also looking to engage you for data acquisition/mapping similar to Indonesia? A: Yes, this is a market-leading specification with a lot of interest from other countries due to the value it creates. - Patrick Blott, Executive Chairman & CEO Q: Does the company do any pilot studies to show government entities the value of using Intermap to provide geospatial technology? A: Yes, we have demonstrable economic benefits in our commercial business, which we can quantify and demonstrate, particularly in sectors like insurance. - Patrick Blott, Executive Chairman & CEO Q: The NGA is an important customer, though it has been pressured to reduce costs. Have those pressures impacted demand or how they deal with you? A: No, the defense budget is increasing to over $1 trillion. Organizations like NGA are restructuring to provide authoritative data in a distributed fashion, aligning with Intermap's focus on automation, speed, and scale. - Patrick Blott, Executive Chairman & CEO Q: Can you update us on the Luno A&B programs and your confidence in winning task orders there? A: The programs are upsizing, with $500 million allocated and funded. They are focused on getting more commercial sources and capabilities, which aligns well with Intermap's offerings. - Patrick Blott, Executive Chairman & CEO Q: Are you still tracking towards a senior US exchange listing later this year? A: Yes, we filed registration with the SEC last quarter. This is driven by our growth and shareholder base, aiming to ensure proper setup for capital access and market liquidity. - Patrick Blott, Executive Chairman & CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 hours ago
- Business
- Yahoo
BofA Securities Lifts Dow to Neutral, Sets $25 Price Target
BofA Securities on Thursday upgraded Dow (DOW, Financials) to Neutral from Underperform, setting a $25 price target. The bank said the stock is trading near a cyclical low, with valuations now benchmarked to normalized EBITDA, which it estimates at $7 billion versus the $9 billion goal outlined at the company's 2024 Investor Day. Warning! GuruFocus has detected 9 Warning Signs with DOW. Dow's current EBITDA is $3.86 billion, and the company maintains a dividend yield of 6.11% despite weak operating conditions. BofA cited two structural challenges: planned capacity additions in China over the next three years that could lower utilization rates for commodity products, and what it described as a permanently impaired European asset base due to higher costs and softer demand. The firm noted these are industry-wide headwinds, not unique to Dow, and said the company is reviewing its European polyurethanes business as part of a broader repositioning. Recent analyst actions have varied, with Fitch Ratings downgrading Dow's long-term issuer rating to BBB from BBB+, Rothschild Redburn upgrading to Buy, and BMO Capital maintaining an Underperform rating with a $20 price target. This article first appeared on GuruFocus.
