1Spatial (SPA)

Sector:

IT Services

Index:

FTSE AIM All-Share

59.25p
   
  • Change Today:
    -0.25p
  • 52 Week High: 63.50
  • 52 Week Low: 45.50
  • Currency: UK Pounds
  • Shares Issued: 110.84m
  • Volume: 68,680
  • Market Cap: £65.68m
  • RiskGrade: 299

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 59.25p
Change Today -0.25p
% Change -0.42 %
52 Week High 63.50
52 Week Low 45.50
Volume 68,680
Shares Issued 110.84m
Market Cap £65.68m
RiskGrade 299

1Spatial Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.93% below the market average87.93% below the market average87.93% below the market average87.93% below the market average87.93% below the market average
73.81% below the sector average73.81% below the sector average73.81% below the sector average73.81% below the sector average73.81% below the sector average
Price Trend
89.14% above the market average89.14% above the market average89.14% above the market average89.14% above the market average89.14% above the market average
74.47% above the sector average74.47% above the sector average74.47% above the sector average74.47% above the sector average74.47% above the sector average
Income Not Available
Growth
80.43% above the market average80.43% above the market average80.43% above the market average80.43% above the market average80.43% above the market average
79.55% above the sector average79.55% above the sector average79.55% above the sector average79.55% above the sector average79.55% 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 28-Mar-2024

Time Volume / Share Price
13:31 1,057 @ 59.55p
13:21 4,000 @ 59.40p
11:48 33,377 @ 59.90p
11:16 28,499 @ 60.50p
10:03 4 @ 58.21p

1Spatial Key Personnel

CEO Claire Milverton
CFO Stuart William Ritchie

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