dreamcatcher
- 24 May 2013 20:26
1Spatial PLC is a group of innovative software and services companies, trading under individual brands, each offering market leading solutions in their specialised areas of expertise – 1Spatial Group, Avisen and Storage Fusion.
The companies across the group have a common link in the area of Big Data and developing results driven software solutions, which provide customers and partners with greater business insight to make key business decisions. The group operates globally and has a portfolio of customers both in the Commercial and Government sector, some of those include, Unilever, Unisys, US Census, Ordnance Survey GB, Brazilian Army, and Ordnance Survey Ireland. Within the group there is a focus on product development innovation to deliver leading edge both on-presence and software as a service solutions.
1Spatial Group – Our rules based approach to capturing, validating and managing spatial data enables customers to process and analyse information in a way that traditional technologies do not allow. Through our 1Spatial Management Suite of products, 1Spatial Cloud, consultancy, and partner offerings, we can provide the best solution to meet your spatial data management requirements.
Storage Fusion – Specialising in the delivery of automated storage reporting and analytics in the cloud, is revolutionising the way many organisations evaluate and optimise their storage environments.
1Spatial operates globally, with headquarters in Cambridge, UK and offices in Ireland and Australia.
http://www.1spatial.com/about/
Just put up a one year chart as the 5yr chart is wrong.
dreamcatcher
- 24 May 2013 20:41
- 2 of 70
Invested here at 7p.
The Company also announces today the proposed appointment of David Richards as Deputy Non-Executive Chairman, to be effective upon completion of the Acquisition. David is the CEO, President and co-founder of WANdisco which he founded in 2005. David brings a wealth of experience to the Board, with over 15 years’ executive experience in the software industry, sitting on a number of advisory and executive boards of Silicon Valley start-up ventures.
Acquisition of 75.14% of Star-Apic
http://www.moneyam.com/action/news/showArticle?id=4601457
3 monkies
- 24 May 2013 21:29
- 3 of 70
Hi DC
What a laugh, just researched what I purchased per share on this company who changed its name that long ago I have forgotten. eg. Purchased on 25th July, 2007 - Quntity 2191 - cost per share 26.83 - now 6.125 minus 69.72% for me. Wish I could remember who they were then but it does not throw that up on the Hallifax Sharedealing. Who ever gets these at todays price will or could be on a winner and I am in for a long Haul. GL What is new for me, nothing. Have a good weekend.
3 monkies
- 24 May 2013 21:33
- 4 of 70
By the way the graph is not true that they went to 90p in 2008 beause I for one would have been well and truly out so where does the graph come from??? They were not SPA then, I think it was one who I thought was going bust but came back as something else, not too long ago.
dreamcatcher
- 24 May 2013 21:45
- 5 of 70
Good evening 3m, Just had a look back over the company news and on 19 Oct 10
1Spatial made its aim debut. Were they called SR Pharma plc (SPA) before the date given above? The charts are from money am.
dreamcatcher
- 24 May 2013 21:51
- 6 of 70
That's the 10yr chart 3m, lets look to the future. :-))
3 monkies
- 24 May 2013 21:51
- 7 of 70
Evening to you DC I cannot remember and it is late at night to go through hundreds of print outs to get the name they were then, believe me it now comes up as SPA on my portfollio for what it is worth and my above statement is what my account says and dates when I purchased in whatever co., it was then.
dreamcatcher
- 24 May 2013 21:56
- 8 of 70
3 monkies
- 24 May 2013 21:59
- 9 of 70
By the way it was a game then for me in those days and would have deffinitely got out if they had nearly doubled - it never happened so I beg to differ on the money a.m. chart. I will stand corrected if proven wrong.
dreamcatcher
- 24 May 2013 22:04
- 10 of 70
Its the future what counts now 3m. As soon as I saw David Richards mentioned, I was invested. The performance of Wandisco takes some beating.
3 monkies
- 24 May 2013 22:28
- 11 of 70
Yes very good DC. Being a woman I would not give up and have rooted and rooted in and out of filing cabinet and then safe and have found a print out dated 13/06/08 wth my portfolio 2191 shares at at a price of 26.8339 within 1 year of purchase they had gone down to 7.25 and they were in the name then of "Z GROUP ORD GBPO.05" so yes I am correct and they have changed their name and it is a load of bollocks that they ever went to 90p since then,firstly do you not think I would have sincerely gone. Do not believe what you read, read what you have in front of you and beleive that - still have a good weekend.
dreamcatcher
- 24 May 2013 22:40
- 12 of 70
The FT has historic prices in 08 for 1spatial plc in the 90's . So there information is wrong is it ? no
3 monkies
- 24 May 2013 22:52
- 13 of 70
Whatever - is a great saying so am I a liar????? No I am not and would have gone and not held - I shall take this up with the company as in my opinion it has never reached such great heights. I am and have been so minus for years it would have been one to go. I shall inform you on my perforance with the Company on their return to work on Tuesday. However continue to enjoy the weekend and I shall continue researching. Hope Goldfinger sees this as I am going to treat myself to some cachews - upgrading my pea nut brain. GL anyway.
dreamcatcher
- 24 May 2013 22:53
- 14 of 70
Calm down. :-)) I have put a money am chart on here that you and I would expect to be accurate and you have challenged it and I'm trying to help you with an answer.
Have a go at money am, not me.
dreamcatcher
- 24 May 2013 23:10
- 15 of 70
Found this chart 3m -have a look at 10yr . It does look like it challenges the money am chart. That only shows them at 7p when you said you purchased them. Lets give up .
http://markets.ft.com/research/InteractiveChart?symbol=2317914&options=],"Code":21,"UID":1299642409}],"UpperIndicator":[],"Overlay":[3],"ChartStyle":3,"ChartScale":1,"CursorStyle":1,"Interval":7,"Duration":11,"Comparison":[],"PortfolioName":null,"Width":950,"Height":400,"ActiveTool":null}
dreamcatcher
- 25 May 2013 16:48
- 16 of 70
In todays Daily Mail - Wandisco link boosts 1Spatial
Buyers were all suddenly over aim listed 1Spatial like a rash on hearing that David Richards will soon become deputy non-executive chairman.
He has a growing city fan club after bringing his co-founded software company WANDISCO to the junior market last June at 180p and seeing it rocket to trade above £10 months later. At last nights flat close of 952.5p, his near -16pc stake is worth more than £36m.
Shares of the provider of the location-based information company jumped 1.38p or 20pc to a 52 week high or 8.12p on hopes that Richards would have also subscribed for shares in yesterdays £18m placing. Some 300 million shares were placed at 6p a pop to help fund an earnings enhancing European acquisition.
Dealers heard that some of the very same institutions behind WANDISCO, including smaller company Expert Hargreave Hale, were big supporters of 1Spatial.
1Spatial is acquiring Star-Apic , a Belgium based provider of Geographic information systems software and solutions , specialising in land and infrastructure management.
Analysts believe the complementary bolt-on significantly enhances the company's capability in the rapidly growing Big Data market. Some of the worlds biggest agencies rely on 1Spatial, such as the Ordnance Survey in Britain which uses its software to update its records every day.
dreamcatcher
- 25 May 2013 19:06
- 17 of 70
3 monkies
- 25 May 2013 19:10
- 18 of 70
Thanks dc. I was not being funny last evening but I get very frustrated sometimes when I know I am right. Not your issue but mine!!! It was a game for me years ago but no longer as so much has gone t--s up, however maybe although I only have £500 invested and have for many years I would like to see a return before I pop my cloggs. Beautiful day today here and done too much as the weather is going to break again on Monday so I believe. Enjoy the rest of the weekend. Good luck to you as you must be on a winner here.
dreamcatcher
- 25 May 2013 19:18
- 19 of 70
I know 3m, you are right the money am charts are -----. I do not think David Richards for one moment would put his name to this company if it was a non performer. MVO.
Lets hope this one climbs like Wandisco has. Have a good evening 3m, the suns out as
well. :-))
dreamcatcher
- 28 May 2013 08:26
- 20 of 70
Strong purchasing this morning.
dreamcatcher
- 28 May 2013 08:38
- 21 of 70
David Richards appointment with all his contacts , I'm sure is playing a big part in this rise.
dreamcatcher
- 28 May 2013 08:46
- 23 of 70
3m said the same skinny.
3 monkies
- 28 May 2013 08:46
- 24 of 70
Has he been appointed yet? Still it is nice to see this rising but a long haul for me yet and I don't feel like putting anymore money into shares as I have got a lot of work to be done on my home. Sods law I will probably wish I had averaged down but one has to get their priorities right.
dreamcatcher
- 28 May 2013 08:47
- 25 of 70
Money am has to get on top of this, not good enough.
dreamcatcher
- 28 May 2013 08:52
- 26 of 70
Sept 3m
dreamcatcher
- 29 May 2013 15:16
- 27 of 70
Acquisition of an additional 14.86% of Star-Apic
RNS
RNS Number : 8032F
1Spatial Plc
29 May 2013
29 May 2013
1Spatial plc
("1Spatial" or the "Company")
Acquisition of an additional 14.86% of Star-Apic
1Spatial plc (AIM:SPA), the Spatial Big Data Company, has entered into a conditional agreement to purchase a further 14.86% of the issued share capital of Star-Apic from Meusinvest S.A ("Meusinvest"), based on the same valuation terms as the initial purchase agreement, announced on Friday 24 May of its intention to acquire 75.14% of the Company.
The additional share purchase is conditional upon, inter alia, the passing of the Resolutions by the Company's shareholders at the General Meeting (to be held at 10.00 a.m. on 12 June 2013 at the offices of Brown Rudnick LLP, 8 Clifford Street, London W1S 2LQ), the completion of the Acquisition of 75.14% of Star-Apic as detailed in the Company's Circular dated 24 May and the signing of a new shareholders' agreement between the Company and Meusinvest. If the conditions are satisfied, this will take the Company's total holding in Star-Apic to 90.00%. Meusinvest will keep a 10.00% shareholding and a representative on the Board of Star-Apic.
Star-Apic is a leading European provider of Geographic Information Systems ("GIS") software and solutions, specialising in land and infrastructure management. It is headquartered in Belgium, with offices in France and the UK. Its software is used to create, manage, analyse and display geospatial data. 1spatial's Directors believe Star-Apic is an important and highly complementary bolt-on acquisition for the Company, significantly enhancing the Company's capability in the rapidly growing Big Data market.
Capitalised terms used in this announcement have the meanings given to them in the Circular.
dreamcatcher
- 30 May 2013 19:00
- 28 of 70
On Thursday, 1Spatial PLC (SPA:LSE) closed at 9.00, 2.60% below its 52-week high of 9.24, set on Mar 06, 2013.
dreamcatcher
- 30 May 2013 19:03
- 29 of 70
dreamcatcher
- 06 Jun 2013 22:14
- 30 of 70
Shares mag -
1Spatial (SPA:AIM) 9.0p
STORY
Headquartered in Cambridge and with offices in Australia, Ireland and Belgium, 1Spatial’s software is used to create, manage, analyse and display geospatial data. Customers include Unilever(ULVR) , Unisys (UIS:NYSE) , US Census, Ordnance Survey GB, the Brazilian Army and Ordnance Survey Ireland. Last month it appointed WANdisco chief executive officer David Richards (see page 18) as the non-executive deputy chairman, a boardroom coup.
BIG DATA PITCH
It recently tapped investors for £18 million to buy a 75% stake in Star-Apic, a Belgium-based provider of Geographic Information Systems software and solutions, specialising in land and infrastructure management. Considering that some of the world’s biggest agencies rely on 1Spatial, such as the Ordnance Survey in Britain, which uses its software to update its records every day, this looks a smart move that will significantly add to the company’s capability in the rapidly growing big data market. The fresh funds will also bolster sales and support in a new Middle East office, allow ongoing research and development and provide the firepower for more acquisitions down the line.
It’s been said in the past that 1Spatial was too early to the big data space, it struggled simply because many customers and potential clients assumed the theme was for the future, not today. But they seem to be catching up and this bodes well for the £29 million cap. It chalked-up revenues of £5.2 million last year to end January, but that figure was surpassed in this year’s first half alone, with sales jumping 146% to £6.4 million. This implies something around £12 million to £13 million for the 12 months to be confirmed when the finals are published probably next month. No forecasts are available but that could mean a break into the black.
COMPANY SAYS (Marcus Hanke, CEO)
‘Given the recent success and interest 1Spatial has seen in new markets, such as utilities, and the need to map networks and gain accurate insight into assets, Star-Apic is seen as a key acquisition opportunity, providing many benefits to support the group’s expansion plans and goals.’
cynic
- 07 Jun 2013 07:02
- 31 of 70
this is a high risk, high reward stock which tells you all ...... instant profit of any size is unlikely, but maybe one to stick in the drawer with the premium bonds
dreamcatcher
- 12 Jun 2013 15:28
- 32 of 70
Results of General Meeting
RNS
RNS Number : 8695G
1Spatial Plc
12 June 2013
12 June 2013
1Spatial plc
("1Spatial" or the "Company")
Results of General Meeting
- 1Spatial completes Placing of 300,000,000 new Ordinary Shares -
- 1Spatial completes acquisition of Star-Apic -
- David Richards appointed deputy non-executive Chairman -
1Spatial plc (AIM:SPA), the Spatial Big Data Company, held its General Meeting today, 12 June 2013, and all the resolutions proposed at the meeting were duly passed.
Placing
1Spatial has completed the Placing of300,000,000 new Ordinary Shares at the Placing Price of 6p per share with certain institutional investors, raising approximately £17 million of net proceeds for the Company and equating to 46.1 per cent of the enlarged issued share capital.
The new Ordinary Shares will rank equally with the existing Ordinary Shares in the Company. Application has been made to the London Stock Exchange plc for these Ordinary Shares to be admitted to trading on AIM, which is anticipated to commence at 8.00am on 13 June 2013.
On Admission the Company will have 650,415,354 Ordinary Shares of 1p each in issue, with each share carrying the right to one vote. No shares are held in treasury. Therefore the total number of voting rights in the Company is 650,415,354. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.
Acquisition
1Spatial has completed the 90% acquisition of Star Apic, the leading European provider of Geographic Information Systems ("GIS") software and solutions.
1Spatial believes Star-Apic is an important and highly complementary bolt-on acquisition for the Company, significantly enhancing the Company's capability in the rapidly growing Big Data market.
The Directors believe that Star-Apic will provide:
· a utilities solution that can be sold into existing customers and markets as well as into new markets;
· access to new markets, such as France and North Africa;
· additional services and products to the Group's existing customer base. The Elyx software platform is built on the same core technology as 1Spatial's technology and can be integrated into the 1Spatial Management Suite easily and efficiently;
· a map publishing tool (Mercator) to produce digital and paper maps which can be added onto 1SMS; and
· additional product development resource to develop new products aligned to perceived customer needs.
Appointment of David Richards
David Richards has been appointed as deputy non-executive Chairman, effective immediately.
David is the CEO, President and co-founder of WANdisco which he founded in 2005. David brings a wealth of experience to the Board, with over 15 years' in the software industry, sitting on a number of advisory and executive boards of Silicon Valley start-up ventures.
David James Richards, 42, is, or has been in the previous five years, a Director of the following companies:
Current:
WANdisco, Inc
WANdisco International Limited
Previous:
Heffalump Limited
The Company confirms that there is no other information which is required to be disclosed pursuant to Schedule 2 paragraph (g) of the Aim Rules for Companies.
Commenting on today's news, Marcus Hanke, Chief Executive of 1Spatial said:
"I am happy to announce we have completed the Placing and subsequent Acquisition of Star-Apic. Star-Apic is seen as a key acquisition opportunity, providing many benefits to support the Group's expansion plans and goals. In addition the appointment of David Richard as deputy non-executive Chairman will bring a wealth of experience to the Board".
About Star-Apic:
Star-Apic is Belgium incorporated and a leading European provider of GIS software and solutions, specialising in infrastructure management (mainly utilities) and land management with offices in Belgium, France and the UK. Elyx, its proprietary end-to-end software solution is used to make the best use of geographic data to improve efficiencies and derive business benefits. Over the last three years, Star-Apic has successfully migrated its existing customers onto this new Elyx technology. Like 1SMS, Elyx is based on Oracle database technology. Following the acquisition, it is intended that Elyx will be updated so it can be integrated into 1SMS, thereby making use of the Group's accuracy and validation engine.
Founded 30 years ago and currently employing 110 people, Star-Apic has three product areas:
- Elyx Suite - the core product end-to-end land management and infrastructure solutions software;
- Mercator - Cartographic publishing software; and
- indoor location data centre infrastructure management software.
Mercator, a tool for the cartographic publishing of maps into digital and paper form, will be a complementary additional product which can be added into 1SMS. The Indoor location data centre software is noncore software but has value. Its value and fit into the Group will be fully assessed post acquisition.
3 monkies
- 12 Jun 2013 15:49
- 33 of 70
Let us hope David Richard can turn this around, I have just dared to look at my Halifax dreadful portfolio 70.80% down overall all. Crumbs not good. I think I should have done a course in picking good companies other than a load of crap. Hey ho I am the one who made the awful selection. Not one of my shares is anywhere near what I paid for them. Glad to see you are doing okay on some of yours dc., you have made some good choices of late. What happens to shares if one dies? Not thinking of going just yet but just been thinking (were dangerous) when a woman thinks!!!!
dreamcatcher
- 12 Jun 2013 15:57
- 34 of 70
You would leave them to who ever in your will
3 monkies
- 12 Jun 2013 16:03
- 35 of 70
Cheer dc I just thought they may have frozen them (they are ice cold anyway). Had better get down to the solicitors then as they are not in my will. Perhaps I should leave them to the children, they might reach my age by the time they do anything. Joke!!!!
dreamcatcher
- 12 Jun 2013 16:56
- 36 of 70
The solicitors will advise you 3m.
3 monkies
- 12 Jun 2013 17:00
- 37 of 70
Yes will seek advice, I think I have thought of this before but can't remember so shall take it up shortly. One for the 'things to do list'. Cheers dc
dreamcatcher
- 12 Jun 2013 17:04
- 38 of 70
They may get frozen by Halifax, as the account will be in your name.
3 monkies
- 12 Jun 2013 17:08
- 39 of 70
That is also what I was thinking - a.s.a.p. enquiry to be made. Sounds like I am thinking of popping off shortly but one never knows the minute.
dreamcatcher
- 12 Jun 2013 17:10
- 40 of 70
Are you still with us. :-)) lol
3 monkies
- 12 Jun 2013 17:53
- 41 of 70
Oh! yes I am still here on the phone talking actually - my friend just checking that I am alive. ha! ha!
Roselea
- 18 Jun 2013 21:36
- 42 of 70
Anybody still following this one ??
dreamcatcher
- 18 Jun 2013 21:45
- 43 of 70
I think this will gain a lot of interest when Richards takes his position in the company, what with so many contacts.
dreamcatcher
- 28 Jun 2013 13:43
- 44 of 70
Up just over 8%
3 monkies
- 28 Jun 2013 13:58
- 45 of 70
Just had a look at what I wrote on here on the 12th July how things altered dramatically on the 19th - still here dc.
dreamcatcher
- 28 Jun 2013 14:06
- 46 of 70
This may well do well in time 3m. Good to see you are ok.
dreamcatcher
- 28 Jun 2013 14:06
- 47 of 70
This may well do well in time 3m. Good to see you are ok.
Roselea
- 28 Jun 2013 15:13
- 48 of 70
New leg up past 9.5
skinny
- 28 Jun 2013 15:15
- 49 of 70
3 m - I wish you had posted the share price on 12th July :-)
dreamcatcher
- 28 Jun 2013 22:43
- 50 of 70
dreamcatcher
- 01 Jul 2013 16:03
- 51 of 70
RNS
RNS Number : 2145I
1Spatial Plc
01 July 2013
1 July 2013
1Spatial plc (AIM: SPA)
("1Spatial", or the "Company")
Final results for the year ended 31 January 2013
The Board of Directors of 1Spatial plc (the "Board"), the AIM Spatial Big Data Company, is pleased to announce the Company and consolidated group's (the "Group") audited final results for the year ended 31 January 2013.
Highlights
Financial highlights
· Revenue from operations increased to £12.1m (2012: £5.2m)
· 1Spatial division achieved revenues of £9.7m and Adjusted* EBITDA of £1.4m (2 months 2012: revenues of £1.5m and Adjusted* EBITDA of £0.3m)
· Avisen division generated revenues of £2.0m and Adjusted* EBITDA of £29k (2012: revenues of £3.3m and Adjusted* EBITDA of £0.3m)
· Storage Fusion division generated revenues of £0.4m and Adjusted* EBITDA of £8k (2012: revenues of £0.4m and Adjusted* EBTIDA loss of £13k)
· Overall Adjusted* EBITDA loss of £0.5m (2012: £0.5m)
· Overall loss for the year of £4.4m following impairment of goodwill and intangible assets of £3.5m (2012: loss of £1.4m)
· Cash and cash equivalents** balance at 31 January 2013 of £3.2m (2012: £2.7m)
*Adjusted for strategic, integration and other one-off items
** As defined as cash, cash equivalents and short term investments and other financial assets
Operational highlights
· Restructuring of the 1Spatial Business to enable execution of new growth strategy
· Rebranding of 1Spatial Business to raise market visibility as a leading global provider of spatial Big Data management
· Focus on product development for National Mapping Agencies (NMA's) within 1Spatial Business
· Product realignment and development to scale product offerings across cloud and on-premise within the 1Spatial Business
· Global Launch of 1Edit, a powerful spatial data editing solution with innovative touch screen and desktop compatible for Data Capture & Edit in the field or office.
· Won a strategically important contract with US Census to provide software and related services
· Won a significant contract with Ordnance Survey Ireland (OSi), the first customer of our new geospatial management suite "1SMS"
Post Period-End Highlights
· On 24 May 2013 1Spatial announced the placing of new Shares, raising approximately £17m of cash for the Group (after commission and expenses) to fund:
- acquisition of 90% of Star-Apic, a leading European provider of Geographic Information Systems ("GIS") software and solutions;
- additional working capital for the enlarged Group;
- a sales and support centre in the Middle East; and
- product development, marketing and further potential acquisition opportunities.
· Placing Shares admitted to trading on 13 June 2013
· David Richards appointed as Deputy Non-Executive Chairman
· On 14 May 2013, launched new 1EDIT software at Rotterdam Geo Spatial conference
Commenting on the results, CEO, Marcus Hanke of 1Spatial plc, said: "1Spatial is entering an exciting growth phase following a successful Placing to raise funds for a highly complementary acquisition as well as the future strategic development and expansion of the business.
It is the Board's view that the Company is well placed to capitalise on opportunities in the spatial Big Data market with a strong team in place and an exceptional product offering. The Company has an impressive and growing customer base and a healthy pipeline of opportunities including National Mapping Agencies and blue-chip companies.
The addition of Star-Apic gives increased scale to the business as well as future growth opportunities with management will be working over the next six months to integrate the two businesses.
The Board is encouraged by the progress made during the start of the current financial year, and looks forward to the future with confidence."
-----------------------------------------------------------------------------------------------
1Spatial losses deepen for the full year
Mon, 01 July 2013
Data handling group 1Spatial said full year losses widened after it booked impairment of goodwill and intangible assets of 3.5m pounds.
Loss before tax widened to £4.8m in the year ended January 31st 2013 compared to a loss of £1.6m a year earlier. Revenue jumped to £12.1m during the year from £5.2m before.
CEO Marcus Hanke said the group's restructuring would enable execution of its new growth strategy
"1Spatial is entering an exciting growth phase following a successful placing to raise funds for a highly complementary acquisition as well as the future strategic development and expansion of the business."
"The company has an impressive and growing customer base and a healthy pipeline of opportunities including National Mapping Agencies and blue-chip companies. The addition of Star-Apic gives increased scale to the business as well as future growth opportunities with management will be working over the next six months to integrate the two businesses."
1Spatial said it is encouraged by the progress made during the start of the current financial year, and looks forward to the future with confidence.
dreamcatcher
- 07 Jul 2013 11:56
- 52 of 70
A buy in this weeks IC - Save some portfolio space for 1Spatial.
Data analysis is increasingly big business and that's potentially great news for 1Spatial - which is focused on the spatial big data market. Don't worry to much about the hefty reported loss, either 1Spatial's trading businesses all made positive cash profit contributions.
1Spatial's focus is on managing data sets, accompanied by geographic co-ordinates, that are too large and complex for traditional data processing applications.
And progress looks good. Having acquired the 1Spatial business in late 2011, the new management team spent much of 2012restructuring and working on products that utilise the group's capabilities . This has culminated in the development of a new flagship geospatial product suite, 1SMS to be launched imminently.
Moreover, revenue from the 1Spatial division reached £9.7m - well up from 2011's £7.3m - and included some strategically important contract wins with major data players, such as the US Census . Broker N+1 Singer expects underlying 1Spatial revenues to increase another 20% in the current year. Operating margins should rise, too, given the group's largely fixed cost base.
N+1 Singer forecasts group-wide revenues of £18.6m for 2014, but a mere £0.1m of adjusted pre-tax profit , rising to £1.6m in 2015, giving EPS of 0.2p.
Flush with cash following May's £17m financing , and in a sub-sector with considerable growth appeal, 1Spatial has potential. Granted some of that's already priced in after a share price hike of over 300% in the past 12 months. But N+1 Singer's discounted cash-flow valuation implies fair value at 11.3p- suggesting more longer-term upside ahead.
js8106455
- 08 Jul 2013 15:06
- 53 of 70
Listen to 1Spatial - Final results for the year ended 31 January 2013
LISTEN HERE
dreamcatcher
- 05 Aug 2013 17:06
- 54 of 70
Contract Win
RNS
RNS Number : 8974K
1Spatial Plc
05 August 2013
5 August 2013
1Spatial plc (AIM: SPA)
("1Spatial", the "Company" or the "Group")
Contract win and update on interim results date
-STAR-APIC wins contract valued at €1.4m-
1Spatial, the Spatial Big Data Company which manages some of the world's largest spatial data, is pleased to announce STAR-APIC has been selected to deliver its Elyx 3D Smart City solution to manage the water, sewage and electricity networks for the municipalities of Rabat, Tangier and Tetouan in Morocco.
The contract, which was won following a competitive international tender, is valued at €1.4m and relates to the provision of software and services, which will be delivered over the next 12 to 14 months.
STAR-APIC, which was acquired by 1Spatial on June 19, is the leading European provider of Geographic Information Systems ("GIS") software and solutions.
The Company also announces it will be reporting its interim results for the 6 months ended 31 July 2013 on 24 September 2013.
Marcus Hanke, CEO of 1Spatial plc, commented:
"With the world's emerging cities expected to contribute close to half the global GDP growth between now and 2025 it's vital these cities have interactive technology to model and plan their core services and utilities including, water, sewage, electricity and fibre. Our off-the-shelf technology allows the city to combine and reuse its data with national, local, open and utility data to see how city services work together and in turn identifies opportunities to become a 'Smarter City'."
dreamcatcher
- 10 Aug 2013 19:39
- 55 of 70
Interim results Tues 13 Aug
dreamcatcher
- 19 Aug 2013 17:01
- 56 of 70
Up 12% back to its highs
dreamcatcher
- 24 Sep 2013 07:09
- 57 of 70
Interim Results
RNS
RNS Number : 6995O
1Spatial Plc
24 September 2013
24 September 2013
1Spatial plc (AIM: SPA)
("1Spatial", the "Group" or the "Company")
Interim Results for the six month period ended 31 July 2013
The Board of Directors of 1Spatial (the ''Board''), the Spatial Big Data company listed on AIM ispleased to announce the Company's unaudited Interim Results for the six month period ended 31 July 2013.
Financial highlights
· Revenue from operations increased 18% to £7.6m (H1 2012: £6.4m)
· Significant increase in overall Adjusted* EBITDA on the prior period with an increase of 2255% to £0.5m (H1 2012: £20k)
· Improved underlying result of loss after tax £0.5m (H1 2012: loss of £1.1m)
· Successful placing raising £17.1m (net of expenses) to support future growth strategy
· Acquisition of 90% of Star-Apic for £5.2m
· Period end net cash position of £14.2m
*Adjusted for strategic, integration and other one-off items
Operational highlights
· Share placing raising £17.1m of cash for the Group (after commission and expenses) to fund:
- acquisition of 90% of Star-Apic, a leading European provider of Geographic Information Systems ("GIS") software and solutions;
- additional working capital for the enlarged Group; and
- product development, marketing and further potential acquisition opportunities
· David Richards appointed as Deputy Non-Executive Chairman
· Delivery of 1Spatial Management Suite (1SMS) at Ordnance Survey Ireland (OSi)
· Continued delivery on US Census contract providing core infrastructure spatial technology enabling Census to lay the foundations for the 2020 decennial census
· Star-Apic selected to provide its Elyx Smart City solution to manage the water, sewage and electricity networks for the municipalities of Rabat, Tangier and Tetouan in Morocco. The contract is worth approximately €1.4m and will be delivered during this and the next financial year.
· Successful initial 'on-boarding' of the Star-Apic acquisition and development of a robust integration plan
· Global Launch of 1Edit, a powerful spatial data editing solution with innovative touch screen and desktop compatible for Data Capture & Edit in the field or office
Post Period-End Highlights
· Today, 24th September 2013, 1Spatial launches its 1Spatial Management Suite (1SMS) for general release at the Asia Geospatial Forum in Malaysia. This innovative data management solution enables users to efficiently plan, maintain and publish large amounts of spatial data, whilst automating production workflows.
Commenting on the results CEO, Marcus Hanke, said:
"1Spatial has entered an exciting growth phase following a successful placing and a highly complementary acquisition, helping to move 1Spatial's strategic development forward and expand the business.
It is the Board's view that the Company is well placed to capitalise on opportunities in the spatial Big Data market particularly with the today's general release of 1SMS and the other exceptional product offerings that it has along with a strong management team. The Company has an impressive and growing customer base and a healthy pipeline of opportunities including National Mapping Agencies and blue-chip companies.
The addition of Star-Apic has increased the scale to the business as well as future growth opportunities with management working over the rest of the financial year implementing the robust integration plan.
The Board is encouraged by the progress made during this half year and we look forward to the future with confidence."
dreamcatcher
- 13 Nov 2013 07:16
- 58 of 70
Contract Extension
RNS
RNS Number : 8515S
1Spatial Plc
13 November 2013
13 November 2013
1Spatial plc (AIM: SPA)
("1Spatial", the "Company" or the "Group")
1Spatial & LSI Partner Win US$1.3m U.S Census Bureau Contract Extension
- UK's 1Spatial to be used in USA 2020 Decennial Census -
1Spatial, the Spatial Big Data Company which manages some of the world's largest spatial data, and its US partner, LSI, are pleased to announce a contract extension with the U.S. Census Bureau. Of the total contract amount approximately US$1m will be payable to 1Spatial and recognisable during the financial year to 31 January 2014, and 31 January 2015.
Following the success of the initial contract to supply 1Validate & 1Integrate licenses, the extension will focus on the provision of services in preparation for the 2020 Decennial Census and to widen the use of the technology within the organisation.
Through a long-term engagement with the U.S. Census Bureau, 1Spatial and LSI have prototyped and designed a solution which provides a phased roll-out for 1Spatial's Validate & Integrate software. This approach allows the Census team to gain valuable interactive operational experience and work out efficiencies as the system develops.
The Census itself involves a large, complex and mission-critical spatial database, which is growing at 10-15% annually. 1Spatial with LSI is building an agile and service orientated architecture reducing storage requirements. This technology is vital to ensuring the user community have spatial and temporal accuracy and quality, and meet stringent processing deadlines.
Commenting on the extension, Marcus Hanke, Chief Executive Officer of 1Spatial said:
"We are delighted the U.S. Census Bureau has extended our contract, demonstrating the benefits and value our clients are seeing in the solutions we can provide.
The new services and software provided by 1Spatial and our partner LSI will enable the U.S. Census Bureau to continue to gain maximum returns on its investment, supporting increasing growth in the mission-critical spatial database, in preparation for the 2020 decennial census."
dreamcatcher
- 15 Nov 2013 17:40
- 59 of 70
:-))
kimoldfield
- 16 Jan 2014 14:26
- 60 of 70
RNS
16 January 2014
1Spatial plc (AIM: SPA)
("1Spatial"or the "Company)
Acquisition of final 10% of Star-Apic to be a wholly owned subsidiary of 1Spatial plc
1Spatial plc (AIM: SPA), the Spatial Big Data Company, has today completed the acquisition of the final 10% of the issued share capital of Star-Apic from Meusinvest S.A ("Meusinvest"),
The total consideration for the Meusinvest Shares was €666,984 and is based on the same valuation terms as the initial agreement when 90% of Star-Apic was purchased by 1Spatial in June 2013. The transaction will also involve the resignation of the Meusinvest representative Director from the Board of Star-Apic.
Marcus Hanke, Chief Executive Officer of 1Spatial plc, commented:
"The timing is right for Star-Apic to be fully integrated into 1Spatial as the business moves forward as a single brand with an integrated solution set for our core markets. The Board would like to thank Meusinvest for their assistance and support over the past six months".
dreamcatcher
- 25 Apr 2014 15:42
- 61 of 70
Trading Statement
RNS
RNS Number : 4907F
1Spatial Plc
25 April 2014
25 April 2014
1Spatial plc (AIM: SPA)
("1Spatial", the "Company" or the "Group")
Trading update
1Spatial, the Spatial Big Data Company which manages the world's largest spatial data, is pleased to provide a trading update for the 12 months ended 31 January 2014 ahead of its full year results to be announced on 13 May 2014.
The Company produced a solid performance over the year and confirms that Adjusted* EBITDA and overall results for the year will be in line with market expectations. The Company enters the new financial year with a strong order back-log in excess of £7m and a significant pipeline of opportunities.
Following the placing and the acquisition of Star-Apic in June 2013, the company maintains a strong balance sheet position with year-end cash at 31 January 2014 of £11.1m, following the payment of £0.6m to purchase the final 10% of Star-Apic in January 2014, which was acquired ahead of plan.
Key events that took place during the year ended 31 January 2014 were as follows:
- Raised £17.1m through an over-subscribed placing of shares to fund future growth
- Completed the strategically important acquisition of Star-Apic
- Established a world-wide organisational infrastructure
- Broadened and enhanced our core off-the-shelf product offerings and commenced the integration of Star-Apic product and service offerings into our range
- Continued success with existing customer base; Ordnance Survey Great Britain contract extension announced in January 2014 valued at £2m and the US Census contract extension valued at £1.3m, announced in November 2013
- Success in new geographies and new sectors such as Smart Cities, for example in the municipalities of Rabat, Tangier and Tetouan in Morocco who have implemented our Elyx Smart City solution to manage the water, sewage and electricity networks for the municipalities.
- Strengthened our Board of directors with the appointment of David Richards as Deputy Non-Executive Chairman. David is the CEO of WANdisco plc and brings 15 years' experience of the software industry to the Board.
- Post period-end: Rebranded the Group globally as 1Spatial from 1 February 2014
Against this backdrop and with a strong order back-log and significant pipeline of opportunities across a number of geographies and industry verticals, the Board remains confident in the Company's future trading prospects. 1Spatial is entering an exciting period of growth well-funded and with the structure in place to evolve and execute our strategy. 2014/15 will see us continue to develop our product and service offerings and to develop new geographic and industry markets.
*Adjusted refers to before integration, strategic and other one-off items
Marcus Hanke, Chief Executive of 1Spatial said:
"The year ended 31 January 2014 has been one of building. Our results were in line with expectations and show good growth. At the same time, we raised significant funding, completed a major acquisition and set in place the structure to support greater future growth.
We have a strong team in place and an exceptional product offering. The Company has an impressive and growing customer base and a healthy pipeline of opportunities. The Board looks forward to the future with confidence."
dreamcatcher
- 25 Apr 2014 18:17
- 62 of 70
Shares - 1Spatial’s time is coming
It’s been said in the past that 1Spatial (SPA:AIM) was too early to the Big Data space. It struggled simply because many customers and potential clients assumed the theme was for the future, not the present. But this seems to be changing and today’s confirmation of in-line results for the year to January 2014 underscores the rapid growth potentially capable by this £44 million business.
Today’s announcement was relatively short, but sweet too. This line is encouraging: ‘The Company produced a solid performance over the year and confirms that adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) and overall results for the year will be in line with market expectations.’
Yet this bit is more important for the future: ‘The Company enters the new financial year with a strong order back-log in excess of £7 million and a significant pipeline of opportunities.’ Investors certainly like the cut of 1Spatial’s jib, the shares jumping 8% to 6.75p. This, however, remains way down on the 10.5p levels seen at the start of the year, the shares slumping as part of a wider technology sell-off.
To re-cap, 1Spatial’s software is used to create, manage, analyse and display geospatial data. Customerso includes Unilever (ULVR), Unisys, US Census, Ordnance Survey GB, the Brazilian Army, and Ordnance Survey Ireland. Tapping investors for £18 million last year to buy a 75% stake in Star-Apic, a Belgium-based provider of Geographic Information Systems software and solutions specialising in land and infrastructure management, it significantly bolster 1Spatial’s scope and scale, with sales and support teams bolstered in new Middle East offices. It also helps ongoing R&D and provides the firepower for more acquisitions down the line. It’s worth noting that the business now owns all of Star-Apic after buying the last 10% slug of the company in January this year.
Interestingly, 1Spatial is not burning cash as fast as it might, or was expected to. With £11.1 million on its books, or 25% of its market value, that’s more than the £10.8 million analysts at N+1 Singer anticipated at this stage. And that’s after the spending £600,000 for that last Star-Apic stake not expected by the City, equating to nearly £1 million cash better off.
Singer forecasts revenue of £18.6 million for the year to January, from which investors can expected rough £1.1 million of adjusted EBITDA. For the financial year to January 2015 the company is forecast to produce £24.2 million revenue and £2.8 million EBITDA.
dreamcatcher
- 26 Apr 2014 15:55
- 63 of 70
Seem to have hit the bottom and now rebounding.
dreamcatcher
- 28 Apr 2014 16:10
- 64 of 70
The recovery continues
Balerboy
- 28 Apr 2014 17:16
- 65 of 70
glad to see it moving in the right direction but i had this from avision (i think) days and got a long way to go.,.
dreamcatcher
- 28 Apr 2014 17:31
- 66 of 70
Lets hope it gets to your target Bb.
dreamcatcher
- 02 May 2014 19:06
- 67 of 70
Another good leg up today - 6.45%
dreamcatcher
- 13 May 2014 07:13
- 68 of 70
RNS
RNS Number : 9062G
1Spatial Plc
13 May 2014
13 May 2014
1Spatial plc (AIM: SPA)
("1Spatial", the "Group" or the "Company")
Final results for the year ended 31 January 2014
The Board of Directors of 1Spatial (the ''Board''), the AIM Spatial Big Data company listed on AIM is pleased to announce the Company and consolidated group's (the "Group") audited final results for the year ended 31 January 2014.
Highlights
Financial highlights
· Revenue from operations increased by 43% to £17.3m (2013: £12.0m) including £4.7m from the Star-Apic acquisition made in June 2013.
· Significant increase in overall Adjusted* EBITDA on the prior year with an increase of 301% to £1.1m (2013: loss of £0.5m).
· Improved underlying result of loss after tax of £2.2m (2013: loss of £4.3m).
· Company enters the new financial year with a strong order back-log in excess of £7m and a significant pipeline of opportunities.
· Successful placing raising £17.1m (net of expenses) to support future growth strategy.
· Acquisition of 100% of Star-Apic for cash consideration of £5.7m.
· Strong balance sheet positions with year-end cash of £11.2m (2013: £3.2m) following the payment of £0.6m to purchase the final 10% of Star-Apic in January 2014 ahead of plan.
*Adjusted for strategic, integration, other one-off items and share option charge
Operational highlights
· Share placing raising £17.1m of cash for the Group (after commission and expenses) to fund:
- acquisition of of Star-Apic, a leading European provider of Geographic Information Systems ("GIS") software and solutions;
- additional working capital for the enlarged Group; and
- product development, marketing and further potential acquisition opportunities.
· Integrated the Star-Apic acquisition and established a world-wide organisational infrastructure
· Broadened and enhanced our core off-the-shelf product offerings and commenced the integration of Star-Apic product and service offerings into our range.
· Continued success with existing customer base; Ordnance Survey Great Britain contract extension announced in January 2014 valued at £2m and the US Census contract extension valued at £1.3m, announced in November 2013.
· Success in new geographies and new sectors such as Smart Cities, for example in the municipalities of Rabat, Tangier and Tetouan in Morocco who have implemented our Elyx Smart City solution to manage the water, sewage and electricity networks for the municipalities.
· As part of our strategy we are increasingly focusing on certain vertical markets and regions where we see demand and future opportunities. To support that we have appointed a Head of Development to manage our growing global software team, key sales hires focusing on the Utilities and Defence sectors, and a new General Manager for 1Spatial Asia Pacific Region.
· Strengthened our Board of directors with the appointment of David Richards as Deputy Non-Executive Chairman. David is the CEO of WANdisco plc and brings 15 years' experience of the software industry to the Board.
Post Period-End Highlights
· Rebranded the Star-Apic Companies as 1Spatial from 1 February 2014.
· Launch of new global website on 12 May 2014.
Commenting on the results CEO, Marcus Hanke, said:
"1Spatial is entering an exciting period of growth, well-funded and with the structures in place to evolve and execute on our strategy. The year ended 31 January 2015 will see us continue to develop our product and service offerings and to develop new geographic and industry markets to harness that potential. It is the Board's view that the company is well placed to capitalise on opportunities in the spatial Big Data market and Smart Cities markets. We have a strong team in place and an exceptional product offering. The company has an impressive and growing customer base and a healthy pipeline of opportunities. The Board is encouraged by the progress made during the start of the current financial year and looks forward to the future with confidence."
dreamcatcher
- 13 Oct 2014 21:32
- 69 of 70
1Spatial to Showcase 1SMS for Esri ArcGIS
RNS
RNS Number : 0907U
1Spatial Plc
13 October 2014
RNS REACH
13 October 2014
1Spatial plc (AIM: SPA)
("1Spatial", the "Company" or the "Group")
1Spatial to Showcase 1SMS for Esri ArcGIS at User Conference
1Spatial, the Global Spatial Software and Solutions Company which manages the world's largest spatial data, will be showcasing its 1Spatial Management Suite for Esri ArcGIS this week.
The 1Spatial Management Suite consists of products to efficiently and consistently plan, maintain, and publish spatial data, whilst automating production and business process workflows.
Marcus Hanke, CEO, 1Spatial Plc said:
"We are delighted to be able to use this prestigious event to showcase the capability of 1SMS within the ESRI ArcGIS platform. This further extends our partnership with the global leader and we look forward to providing additional leverage to our shared and future clients".
Dean Angelides, Director of Worldwide Alliance Networks, Esri Inc said:
"This further strengthens 1Spatial's partnership with Esri and will present exciting global opportunities for both companies. 1Spatial's clients can now leverage the full capability of the ArcGIS platform, and ArcGIS users can now have the added benefit of 1Spatial's Management Suite available to them".
dreamcatcher
- 31 Oct 2014 07:12
- 70 of 70
Interim Results
RNS
RNS Number : 7644V
1Spatial Plc
31 October 2014
31 October 2014
1Spatial plc (AIM: SPA)
("1Spatial", the "Group" or the "Company")
Interim Results for the six month period ended 31 July 2014
The Board of Directors of 1Spatial (the ''Board''), the AIM Spatial Big Data company is pleased to announce the Group's unaudited interim results for the six month period ended 31 July 2014. The results demonstrate further progress in driving revenue and Adjusted* EBITDA growth, supported by acquisition, a significant strengthening of the Group's global salesforce and a by number of key contract wins from both existing and new customers.
Financial highlights
· Revenue from operations increased 33% to £10.1m (H1 July 2013: £7.6m) reflecting the inclusion of six months of revenue from the Star-Apic acquisition (1.5 months in prior half year)
· The Geospatial business delivered over 7% revenue growth on a like for like, constant currency basis
· Significant increase in Adjusted* EBITDA on prior period up 140% to £1.2m (H1 July 2013: £0.5m)
· Cash inflow from operations of £0.4m (H1 July 2013: outflow of £0.9m)
· Robust period-end balance sheet position maintained with cash and cash equivalents of £10.1m (31 January 2014: £11.2m)
· Strong order book maintained at c. £7.0m
*Adjusted for strategic, integration, share based payment charge and other one-off items (note 7)
Operational highlights
· Star-Apic rebranded as 1Spatial and global multi language marketing assets complete
· Significant global hires made to support and strengthen the Group:
o Country manager appointed to focus on 1Spatial France and Belgium and French speaking markets
o Additional sales resource hired to service emerging markets
o Appointment of a new Country manager to manage the Australian office, Asia Pacific operations and growth plan
o Continued strengthening of the team at Cambridge HQ with a new sales structure and industry focused model which include Utilities, National Mapping and Land Registration, Telecommunications and Defence
· Growing opportunity pipeline with focus on vertical and geographic segmentation
· Key contract wins secured from new and existing customers across strategic growth verticals including a significant contract with the Ministry of Defence "MOD' on behalf of No.1 Aeronautical Information Documents Unit ("AIDU") together with a number of smaller contracts for the Land and Property Services Northern Ireland and the Rural Payments Agency.
· Contracts secured across strategic growth verticals such as Utilities, demonstrating 1Spatial's strength and expert knowledge of the industry. Key wins include: Camwater (Cameroon), Water Department City of Caen, France, Intercommunale des Eaux du Centre du Branbant Walloon (IECBW) Belgium.
· Further delivery on US Census contract providing core infrastructure spatial technology enabling Census team to lay the foundations for the 2020 decennial census.
· Creating demand generation through attendance at a significant number of industry events. In addition winning awards with key partners including Oracle.
· Consistently strong maintenance renewal levels continue.
Post period end highlights
· Announcement of relationship with Esri, the Geographic Information Systems (GIS) market leader on 13 October 2014. 1Spatial showcased its 1Spatial Management Suite for Esri ArcGIS at the prestigious ESRI European user event in Split, Croatia.
· Management focus and investment in sales and marketing in the US market building upon our relationship with Census and other key government and regional bodies. Activities underway to raise our profile across the US.
Commenting on the results CEO, Marcus Hanke, said:
"We are delighted with the progress achieved in this first half, particularly the client success stories, new contract wins and consistently strong maintenance renewals. This is reflected in an increased overall adjusted EBITDA and cash inflow from operations."
We are very pleased with the development of our relationships with key strategic partners and see a strong opportunity pipeline underpinned by 1Spatial's core intellectual property, the 1Spatial management suite and Elyx technology.
Following the integration of Star Apic, we now have a very strong platform for long term sustainable growth, both organically and through acquisitions. The foundations are in place to maintain our progress, and deliver full year results in line with our expectations. The board looks forward to the future with confidence."