Mise à jour de la négociation et avis des résultats
11 Mars 2024
1Spatial SA
("1Espace", le "Réservation de groupe" ou la "Entreprise")
Mise à jour de négociation
and Notice of Results
1Spatial, un leader mondial des logiciels et solutions de gestion des données de localisation (« LMDM »), est heureux de provide an update on trading for the financial year ended 31 January 2024 ("FY2024").
Based on the unaudited financial results, the Group expects to report significant progress against key financial metrics, providing a strong platform for further growth in future years.
Total revenue for the year is expected to be no less than £32.1m (FY2023: £30.0m) with approximately 55% (FY2023: 50%) represented by recurring revenue. Within recurring revenues, software term licence revenue has increased by approximately 70% to £8.7m (FY23: £5.2m) with double digit growth across the UK, US and Australia.
Despite the impact of inflationary cost increases, adjusted EBITDA is expected to be no less than £5.5m (FY2023: £5.0m) and reported profit before tax not less than £1.0m (FY2023: £1.0m), reflecting increased finance costs due to the high interest rate environment and certain exceptional charges relating to the restructuring.
The Group's net cash was £1.1m at 31 January 2024 (£3.1m at 31 January 2023), reflecting the increased investment into the business, targeted restructuring activities and timing of certain working capital flows, which have reversed since year end.
Outlook
We ended the year with significant momentum, successfully closing a number of high value, multi-year contracts across all territories. These agreements provide a strong foundation for the sustained growth of our Enterprise operations in FY25.
The Group continues to invest in its SaaS based solutions, notably 1Streetworks in the UK alongside NG911 in the US. Trials for both these products have progressed well over the last 12 months, resulting in the first 12-month licence for 1Streetworks with UK Power Networks and five annual NG911 SaaS licences.
Building on the success of the first customer use case, the Company plans to invest in the expansion of the 1Streetworks sales and marketing teams. This investment will accelerate conversion of the substantial opportunities identified over the past year. For the NG911 SaaS application, the Company is exploring a partner-led go to market strategy to accelerate the growth. This will provide wider market coverage of this key market.
With a healthy sales pipeline, strong order book and increased recurring revenues, the Board is confident that the progress made over the past year is set to continue.
Avis de résultats
The Company expects to announce audited final results for the year ended 31 January 2024 on 24 April 2024.
Avis du webinaire pour les investisseurs de 1Streetworks
1Spatial will be hosting a virtual insight session and Q&A for investors and sell-side analysts at 3pm on Tuesday, 12 March 2024. The event will cover the 1Streetworks solution, how it can revolutionise complex street works planning, and the significant addressable market opportunity.
Si vous souhaitez y assister, merci de vous inscrire par email [email protected].
Pour ceux qui ne pourront pas y assister ce jour-là, un enregistrement du webinaire sera disponible sur le site Web de 1Spatial peu après l'événement à https://1spatial.com/investors/reports-and-presentations/.
Commenting on the update, 1Spatial CEO, Claire Milverton, said:
"We had a great year with our enterprise business, gaining more customers and sales worldwide. Our recurring revenue grew, setting us up for long-term success. Our new SaaS products are a game-changer for our financial performance and I am proud of the 1Streetworks deal with UK Power Networks, a leading utility company. With our strong enterprise business and profitable SaaS solutions, we are ready to grow and succeed in the market."
Pour plus d'informations, s'il vous plaît contacter:
1Spatial SA | +01223 (420)414 |
Claire Milverton / STuart Ritchie
| |
Liberum (Nomade et Broker) | +020 (3100)2000 |
Mhache Jones / Edouard Mansfield / Anake Singh
| |
Alma Communications Stratégiques | +020 (3405)0205 |
Caroline Forde / Hannah Campbell |
Le numéro LEI de 1Spatial plc est : 213800VG7OZYQES6PN67
À propos de 1Spatial plc
1Spatial plc est un leader mondial dans la fourniture de logiciels et de solutions de gestion des données de référence de localisation (LMDM), principalement aux secteurs du gouvernement, des services publics et des transports. Nos clients mondiaux comprennent des agences nationales de cartographie et de gestion des terres, des entreprises de services publics, des organisations de transport, des ministères gouvernementaux et de la défense.
Aujourd'hui - alors que les données de localisation des smartphones, l'Internet des objets et les grands lacs de Big Data commerciaux orientent de plus en plus la prise de décision commerciale - notre technologie stimule l'efficacité et donne aux organisations la confiance dans les données qu'elles utilisent.
We unlock the value of location data by bringing together our people, innovative solutions, industry knowledge and our extensive customer base. We are striving to make the world more sustainable, safer and smarter for the future. We believe the answers to achieving these goals are held in data. Our 1Spatial Location Master Data Management (LMDM) platform incorporating our 1Integrate rules engine delivers powerful data solutions and focused business applications on-premise, on-mobile and in the cloud. This ensures data is current, complete, and consistent through the use of automated processes and always based on the highest quality information available.
1Spatial plc est cotée à l'AIM, dont le siège est à Cambridge, au Royaume-Uni, avec des opérations au Royaume-Uni, en Irlande, aux États-Unis, en France, en Belgique, en Tunisie et en Australie.
Pour plus d'informations, visitez www.1spatial.com
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