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
- 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."