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RNS Number : 4885G 1Spatial Plc 12 March 2024
12 March 2024
1Spatial plc
("1Spatial", the "Group" or the "Company")
1Streetworks Investor Seminar
1Spatial, a global leader in Location Master Data Management ("LMDM") software
and solutions, is pleased to provide further details on its 1Streetworks
investor seminar taking place later today.
1Spatial is hosting a virtual insight session and Q&A for investors and
sell-side analysts at 3pm today. The event will cover the 1Streetworks
solution, how it can revolutionise complex street works planning, and the
significant potential addressable market opportunity of £400m.
1Spatial's ambition is to secure up to 10% of this market on a 5-year time
horizon. Should that ambition be successful, it would translate to
approximately £40m of Annual Recurring Revenue, with an associated EBITDA
margin of other comparable SaaS businesses.
1Spatial has invested £5m to date in 1Streetworks and the cloud platform to
bring the solution to commercialisation, and from here would expect moderate
maintenance capex of around £0.5m per annum, allowing 1Streetworks the
potential to provide significant cash flows for the Group.
If you wish to attend, please register by emailing 1spatial@almastrategic.com.
For those unable to attend on the day, a recording of the webinar will be made
available on 1Spatial's website shortly after the event
at https://1spatial.com/investors/reports-and-presentations/
(https://1spatial.com/investors/reports-and-presentations) .
For further information, please contact:
1Spatial plc 01223 420 414
Claire Milverton / Stuart Ritchie
Liberum (Nomad and Broker) 020 3100 2000
Max Jones / Edward Mansfield / Anake Singh
Alma Strategic Communications 020 3405 0205
Caroline Forde / Hannah Campbell 1spatial@almastrategic.com
1Spatial plc's LEI Number is: 213800VG7OZYQES6PN67
About 1Spatial plc
1Spatial plc is a global leader in providing Location Master Data Management
(LMDM) software and solutions, primarily to the Government, Utilities and
Transport sectors. Our global clients include national mapping and land
management agencies, utility companies, transportation organisations,
government and defence departments.
Today - as location data from smartphones, the Internet of Things and great
lakes of commercial Big Data increasingly drive commercial decision-making -
our technology drives efficiency and provides organisations with confidence in
the data they use.
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 is AIM-listed, headquartered in Cambridge, UK, with operations in
the UK, Ireland, USA, France, Belgium, Tunisia and Australia.
For more information visit www.1spatial.com
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