1Spatial (SPA)

Sector:

IT Services

Index:

FTSE AIM All-Share

49.50p
   
  • Change Today:
      1.50p
  • 52 Week High: 53.50
  • 52 Week Low: 26.50
  • Currency: UK Pounds
  • Shares Issued: 110.49m
  • Volume: 29,133
  • Market Cap: £54.69m
  • RiskGrade: 299
  • Beta: 0.24

Location tech firm 1Spatial continues expansion

By Josh White

Date: Wednesday 23 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Location data management technology company 1Spatial said on Wednesday that it was still making "good progress" against its growth strategy, winning new customers amid an "expanding opportunity".
The AIM-traded firm, which was holding its annual general meeting, said that after a strong period of trading in the last quarter of the prior year, it had entered the new year with increased levels of committed revenue and a strengthened financial position.

Non-executive chairman Andrew Roberts said that in line with expectations, order levels for new sales in the current year were higher than in the comparable period, as the group continued to focus on growing recurring licence revenue and securing higher levels of committed revenue.

"The growing need for better quality, shareable location data to support infrastructure investment, new environmental initiatives and innovative digital services is driving increased demand for the group's '1Integrate', '1Data Gateway' and 'Esri arcOpole Pro' offerings across each of its three target sectors - government, utilities and transport," Roberts said.

"New customers secured in recent months include two further US states for next-generation 911 solutions, a new department of Tours Metropole in France, and extensions with the US Federal Highways Administration and the Ordnance Survey in Britain.

"The group has a strong and growing sales pipeline in all regions, both direct and through our valued partners, underpinning the board's confidence in a successful outcome to the year and exciting future ahead."

At 1519 BST, shares in 1Spatial were up 4.32% at 42.25p.

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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 49.50p
Change Today 1.50p
% Change 3.13 %
52 Week High 53.50
52 Week Low 26.50
Volume 29,133
Shares Issued 110.49m
Market Cap £54.69m
Beta 0.24
RiskGrade 299

1Spatial Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.87% below the market average83.87% below the market average83.87% below the market average83.87% below the market average83.87% below the market average
2.22% above the sector average2.22% above the sector average2.22% above the sector average2.22% above the sector average2.22% above the sector average
Price Trend
86.19% above the market average86.19% above the market average86.19% above the market average86.19% above the market average86.19% above the market average
69.09% above the sector average69.09% above the sector average69.09% above the sector average69.09% above the sector average69.09% above the sector average
Income Not Available
Growth
34.86% above the market average34.86% above the market average34.86% above the market average34.86% above the market average34.86% above the market average
8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% above the sector average8.33% 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 03-Dec-2021

Time Volume / Share Price
09:40 5,394 @ 50.90p
09:38 7,500 @ 50.00p
09:28 5,000 @ 50.00p
08:59 10,000 @ 49.90p
08:40 992 @ 49.90p

1Spatial Key Personnel

CEO Claire Milverton
CFO Andrew Fabian

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