1Spatial (SPA)

Sector:

IT Services

Index:

FTSE AIM All-Share

58.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 63.50
  • 52 Week Low: 45.50
  • Currency: UK Pounds
  • Shares Issued: 110.84m
  • Volume: 19,581
  • Market Cap: £64.84m
  • RiskGrade: 299

1Spatial wins £1.6m contract with LPS in Northern Ireland

By Michele Maatouk

Date: Tuesday 03 Apr 2018

LONDON (ShareCast) - (ShareCast News) - Geospatial software solutions company 1Spatial has been awarded a contract worth £1.6m to provide its software and services to Land & Property Services(LPS) in Northern Ireland.
The contract will see 1Spatial build upon existing software to take LPS to the full 1Spatial Management Suite (1SMS), securing and increasing future recurring revenues for the group.

1SMS will support LPS in maintaining the accuracy of its data by providing an automated workflow to allow users to identify an area of interest, extract the data to undertake updates and, once edited, automatically validate the changes before submitting the data back to the central database.

In addition, the automatic data management provided by 1Spatial Management Suite provides effective orchestration and organisation across LPS's data estate that will ensure the delivery of accurate and timely data to customers. The services will enable LPS to integrate their systems and support innovation within their products and services over the next 5-10 years.

Chief executive officer Claire Milverton said: "We have a strong reputation in government and land management and are delighted to build upon this by announcing this exciting contract win with Land & Property Services. This win is testament to our approach of placing our teams at the heart of clients to support their ambitions and optimise the value they receive from our high quality software and solutions.

"We have worked with LPS for over 15 years and are delighted to continue and extend this partnership for a further 10 years to support their innovation and growth plans."

At 1400 BST, the shares were up 6.4% to 2.98p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

1Spatial Market Data

Currency UK Pounds
Share Price 58.50p
Change Today 0.50p
% Change 0.86 %
52 Week High 63.50
52 Week Low 45.50
Volume 19,581
Shares Issued 110.84m
Market Cap £64.84m
RiskGrade 299

1Spatial Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.64% below the market average88.64% below the market average88.64% below the market average88.64% below the market average88.64% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Price Trend
84.99% above the market average84.99% above the market average84.99% above the market average84.99% above the market average84.99% above the market average
72.04% above the sector average72.04% above the sector average72.04% above the sector average72.04% above the sector average72.04% above the sector average
Income Not Available
Growth
80.28% above the market average80.28% above the market average80.28% above the market average80.28% above the market average80.28% above the market average
81.61% above the sector average81.61% above the sector average81.61% above the sector average81.61% above the sector average81.61% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

1Spatial Dividends

No dividends found

Trades for 19-Apr-2024

Time Volume / Share Price
15:41 237 @ 58.66p
13:53 5,000 @ 58.60p
13:46 7,938 @ 58.60p
11:26 17 @ 57.67p
11:22 17 @ 59.99p

1Spatial Key Personnel

CEO Claire Milverton
CFO Stuart William Ritchie

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