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 six months | ||||||||
| ended June 30, | ended June 30, | ||||||||
| 2013 | 2012 | 2013 | 2012 | ||||||
| Revenue: | |||||||||
| Contract services | $ 7,755 | $ 1,557 | $ 11,773 | $ 4,910 | |||||
| Data licenses | 1,122 | 6,432 | 2,197 | 7,304 | |||||
| 8,877 | 7,989 | 13,970 | 12,214 | ||||||
| Expenses: | |||||||||
| Operating costs | 6,862 | 5,535 | 12,183 | 12,866 | |||||
| Depreciation of property and equipment | 365 | 465 | 724 | 1,067 | |||||
| Amortization of data library | 1,153 | 1,153 | 2,305 | 2,305 | |||||
| Amortization of intangible assets | 30 | 29 | 59 | 108 | |||||
| 8,410 | 7,182 | 15,271 | 16,346 | ||||||
| Operating income (loss) | 467 | 807 | (1,301) | (4,132) | |||||
| Gain on disposal of equipment | 200 | 6 | 204 | 26 | |||||
| Financing costs, net | (228) | (44) | (450) | (93) | |||||
| Gain (loss) on foreign currency translation | (269) | 66 | (236) | (51) | |||||
| Income (loss) before income taxes | 170 | 835 | (1,783) | (4,250) | |||||
| Income tax (expense) recovery: | |||||||||
| Current | - | 2 | (47) | (36) | |||||
| Deferred | - | (5) | - | 8 | |||||
| - | (3) | (47) | (28) | ||||||
| Net income (loss) for the period | $ 170 | $ 832 | $ (1,830) | $ (4,278) | |||||
| Other comprehensive income (loss): | |||||||||
| Foreign currency translation differences | 3 | (68) | (34) | (37) | |||||
| Total comprehensive income (loss) for the period | $ 173 | $ 764 | $ (1,864) | $ (4,315) | |||||
| Basic income (loss) per share | $ 0.00 | $ 0.01 | $ (0.02) | $ (0.05) | |||||
| Diluted income (loss) per share | $ 0.00 | $ 0.01 | $ (0.02) | $ (0.05) | |||||
| Weighted average number of Class A | |||||||||
| common shares - basic | 79,174,911 | 78,557,448 | 79,032,206 | 78,568,250 | |||||
| common shares - diluted | 79,646,130 | 78,557,448 | 79,032,206 | 78,568,250 | |||||
