Picture of 1Spatial logo

SPA 1Spatial News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyAdventurousSmall CapMomentum Trap

REG - 1Spatial Plc - 1Streetworks Investor Seminar

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240312:nRSL4885Ga&default-theme=true

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCUUVNRSUUOARR

Recent news on 1Spatial

See all news