1Spatial (SPA)

Sector:

IT Services

Index:

FTSE AIM All-Share

 41.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 53.50
  • 52 Week Low: 35.00
  • Currency: UK Pounds
  • Shares Issued: 110.49m
  • Volume: 10,500
  • Market Cap: £45.85m
  • RiskGrade: 299

1Spatial secures contract with Northern Gas Networks

By Iain Gilbert

Date: Monday 08 Feb 2021

LONDON (ShareCast) - (Sharecast News) - Data management firm 1Spatial said on Monday that it has inked a multi-year deal with Northern Gas Networks to deliver Britain's first enterprise migration to Esri's new ArcGIS utility network model.
1Spatial said the contract's total value, which will predominantly fall into the trading year ending 31 January 2022, was in excess of £1.0m, of which the recurring revenue element was expected to be over £200,000.

The AIM-listed group's platform, including its 1Integrate tools, will be deployed to conduct a data quality audit, as well as a data cleanse and enhancement, to ensure the data was fit for migration to the new model, which will be implemented in the ArcGIS utility network.

1Spatial also highlighted that the project was "a repeatable solution" for utility providers across all territories.

Chief executive Claire Milverton said: "We are delighted to expand our relationship with Northern Gas Networks and to collaborate with Esri UK to deliver the UK's first utility network migration project utilising ArcGIS and 1Integrate.

"The contract highlights the potential expansion opportunities in the utilities sector and exemplifies the breadth and depth of 1Spatial's capabilities as a leader in data management and migrations."

As of 1035 GMT, 1Spatial shares were up 3.68% at 29.03p.

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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 41.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 53.50
52 Week Low 35.00
Volume 10,500
Shares Issued 110.49m
Market Cap £45.85m
RiskGrade 299

1Spatial Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.68% below the market average67.68% below the market average67.68% below the market average67.68% below the market average67.68% below the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average
Price Trend
47.37% above the market average47.37% above the market average47.37% above the market average47.37% above the market average47.37% above the market average
74.31% above the sector average74.31% above the sector average74.31% above the sector average74.31% above the sector average74.31% above the sector average
Income Not Available
Growth
13.38% above the market average13.38% above the market average13.38% above the market average13.38% above the market average13.38% above the market average
6.00% above the sector average6.00% above the sector average6.00% above the sector average6.00% above the sector average6.00% 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 20-May-2022

Time Volume / Share Price
08:46 10,500 @ 40.32p

1Spatial Key Personnel

CEO Claire Milverton
CFO Andrew Fabian

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