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.

You would leave them to who ever in your will

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!!!!

The solicitors will advise you 3m.

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

They may get frozen by Halifax, as the account will be in your name.

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.

Are you still with us. :-)) lol

Oh! yes I am still here on the phone talking actually - my friend just checking that I am alive. ha! ha!

Anybody still following this one ??

I think this will gain a lot of interest when Richards takes his position in the company, what with so many contacts.

Up just over 8%

Just had a look at what I wrote on here on the 12th July how things altered dramatically on the 19th - still here dc.

This may well do well in time 3m. Good to see you are ok.

This may well do well in time 3m. Good to see you are ok.

New leg up past 9.5

3 m - I wish you had posted the share price on 12th July :-)

Investec Asset Management Ltd increasing its holding.

http://www.moneyam.com/action/news/showArticle?id=4622584

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.

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.

Listen to 1Spatial - Final results for the year ended 31 January 2013

LISTEN HERE