INTERMAP TECHNOLOGIES CORPORATION
Condensed Consolidated Interim Statements of Profit or Loss and Other
Comprehensive Income
(In thousands of United States dollars, except per share information)
| For the three months | For the nine months | ||||||||||||
| ended September 30, | ended September 30, | ||||||||||||
| 2013 | 2012 | 2013 | 2012 | ||||||||||
| Revenue: | |||||||||||||
| Contract services | $ | 5,429 | $ | 4,100 | $ | 17,202 | $ | 9,010 | |||||
| Data licenses | 926 | 3,865 | 3,123 | 11,169 | |||||||||
| 6,355 | 7,965 | 20,325 | 20,179 | ||||||||||
| Expenses: | |||||||||||||
| Operating costs | 5,178 | 5,573 | 17,361 | 18,439 | |||||||||
| Depreciation of property and equipment | 356 | 404 | 1,080 | 1,471 | |||||||||
| Amortization of data library | 1,152 | 1,152 | 3,457 | 3,457 | |||||||||
| Amortization of intangible assets | 30 | 30 | 89 | 138 | |||||||||
| 6,716 | 7,159 | 21,987 | 23,505 | ||||||||||
| Operating (loss) income | (361) | 806 | (1,662) | (3,326) | |||||||||
| Gain on disposal of equipment | 138 | - | 342 | 26 | |||||||||
| Financing costs, net | (37) | (220) | (487) | (313) | |||||||||
| Loss on foreign currency translation | (198) | (149) | (434) | (200) | |||||||||
| (Loss) income before income taxes | (458) | 437 | (2,241) | (3,813) | |||||||||
| Income tax (expense) recovery: | |||||||||||||
| Current | (11) | (14) | (58) | (50) | |||||||||
| Deferred | - | - | - | 8 | |||||||||
| (11) | (14) | (58) | (42) | ||||||||||
| Net (loss) income for the period | $ | (469) | $ | 423 | $ | (2,299) | $ | (3,855) | |||||
| Other comprehensive income (loss): | |||||||||||||
| Foreign currency translation differences | 35 | 21 | 1 | (16) | |||||||||
| Total comprehensive (loss) income for the period | $ | (434) | $ | 444 | $ | (2,298) | $ | (3,871) | |||||
| Basic and diluted (loss) income per share | $ | (0.01) | $ | 0.01 | $ | (0.03) | $ | (0.05) | |||||
| Weighted average number of Class A | |||||||||||||
| common shares - basic and diluted | 88,426,588 | 78,887,915 | 82,191,436 | 78,637,986 | |||||||||
