Currency in GBP
Last close As at 04/02/2023
▲ −2.00 (−3.88%)
1Spatial’s core technology validates, rectifies and enhances customers’ geospatial data. The combination of its software and advisory services reduces the need for costly manual checking and correcting of data.
We see the geographic information system (GIS) market as poised for rapid growth, driven by the substantial growth of data generated every day by sensors, the internet of things and mobile devices, and we estimate the GIS market could grow 20%+ pa over the next decade. We believe untapped value is found in companies like 1Spatial, which operate in a niche position and can turn GIS data into something useful for a wide variety of use cases.
|52 week high/low||52.5p/36.0p|
Andy Fabian stepped down as CFO of 1Spatial on 19 December and was replaced by Stuart Ritchie, previously CFO at Fusion Global, an international provider of software as a service (SaaS) workflow software. Mr Fabian played a key role in putting 1Spatial on a sound financial footing, rebuilding investor confidence in the business and developing the current growth strategy. With these foundations in place, this change is being made to help drive an acceleration in growth and transition to a SaaS/subscription model.
|Y/E Jan||Revenue (£m)||EBITDA (£m)||PBT (£m)||EPS (fd) (p)||P/E (x)||P/CF (x)|