1Spatial (SPA)

Sector:

IT Services

Index:

FTSE AIM All-Share

59.82p
   
  • Change Today:
    -0.68p
  • 52 Week High: 63.50p
  • 52 Week Low: 45.50p
  • Currency: UK Pounds
  • Shares Issued: 110.84m
  • Volume: 32,301
  • Market Cap: £66.30m
  • RiskGrade: 299

1Spatial wins contract with Britain's Rural Payments Agency

By Iain Gilbert

Date: Tuesday 07 Dec 2021

LONDON (ShareCast) - (Sharecast News) - IT services firm 1Spatial has been awarded a £600,000 multi-year contract with the Rural Payments Agency, an executive agency of the Department for Environment, Food and Rural Affairs.
1Spatial said on Tuesday that the award included £400,000 in software licenses over two years, adding to growing levels of recurring, high margin software revenue, with the balance consisting of services revenue.

RPA, an existing 1Spatial customer, will use the firm's 1Edit mobile application to enable the collection of "accurate and correctly formatted location data" via mobile devices while out in the field, enabling compliance to be checked "swiftly".

Chief executive Claire Milverton said: "We are delighted to be supporting our existing customer RPA and Defra in the modernisation of their inspections in the field. By using our mobile technology, which includes 1Integrate as a core component, RPA can be assured that the location data they are capturing is accurate and compliant with Defra Schemes.

"This is another great example of the quality and breadth of the 1Spatial platform and our ability to expand our customer relationships, layering on additional recurring software revenue."

As of 0905 GMT, 1Spatial shares were up 0.99% at 51.0p.

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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 59.82p
Change Today -0.68p
% Change -1.13 %
52 Week High 63.50p
52 Week Low 45.50p
Volume 32,301
Shares Issued 110.84m
Market Cap £66.30m
RiskGrade 299

1Spatial Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.65% below the market average95.65% below the market average95.65% below the market average95.65% below the market average95.65% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average
Price Trend
86.57% above the market average86.57% above the market average86.57% above the market average86.57% above the market average86.57% above the market average
67.74% above the sector average67.74% above the sector average67.74% above the sector average67.74% above the sector average67.74% above the sector average
Income Not Available
Growth
54.08% above the market average54.08% above the market average54.08% above the market average54.08% above the market average54.08% above the market average
44.83% above the sector average44.83% above the sector average44.83% above the sector average44.83% above the sector average44.83% 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 26-Apr-2024

Time Volume / Share Price
11:14 5,263 @ 60.28p
11:10 4,069 @ 61.44p
11:05 16 @ 61.95p
10:57 1,627 @ 61.44p
10:57 32 @ 61.95p

1Spatial Key Personnel

CEO Claire Milverton
CFO Stuart William Ritchie

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