REG - Smartspace Software - Trading Update

Smartspace SoftwareAnnouncement

14/01/2022 07:00

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RNS Number : 4049Y  Smartspace Software PLC  14 January 2022

 

 

 

SmartSpace Software Plc

("SmartSpace", the "Group" or the "Company")

Trading Update

SmartSpace Software plc, (AIM:SMRT) the leading provider of 'Integrated Space
Management Software' for smart buildings and commercial spaces is pleased to
announce a trading update for the 11 month period to 31 December 2021 (the
"Period") in advance of the Company's year end of 31 January 2022.

The Group has been progressing its objective to build a high growth SaaS
business with strong recurring revenues and consequently, expects that results
for the full year ending 31 January 2022 will be in line with market
expectations. Accordingly group revenues for the year ended 31 January 2022
are expected to be c. £5.2m and adjusted EBITDA losses not more than £2.7m.
The Group's cash as at 31 December 2021 totalled £2.8m.

 

SmartSpace will provide a more detailed analysis of trading within the key
businesses, as part of the year end trading update, expected to be announced
in mid-February 2022.

 

Enquiries:

 SmartSpace Plc                                                     via Lisa Baderoon

 Frank Beechinor (CEO)

 Kris Shaw (CFO)

 Lisa Baderoon (Head of Investor Relations)                         +44 (0) 7721 413 496

 lbaderoon@smartspaceplc.com (mailto:lbaderoon@smartspaceplc.com)

 Singer Capital Markets(NOMAD and Joint Broker)                     + 44 (0) 20 7496 3000

 Shaun Dobson

 Tom Salvesen

 Jen Boorer

 Alex Bond

 Canaccord Genuity (Joint Broker)                                   +44 (0) 20 7523 8000

 Adam James

 Georgina McCooke

About SmartSpace Software Plc

SmartSpace Software Plc is a SaaS-based technology business, designing and
building smart software solutions. The Company's software solutions help
transform employee engagement with modules which include visitor management,
desk management, meeting room management and analytics.

The three operating companies in the Group comprise:

 

·    Space Connect - SaaS meeting room and desk booking
(www.spaceconnect.co (http://www.spaceconnect.co/) )

·    SwipedOn - SaaS visitor management, desk booking (www.SwipedOn.com
(http://www.swipedon.com/) )

·    Anders & Kern - distribution and technical support
(www.anders-kern.co.uk (http://www.anders-kern.co.uk/) )

 

For more information go to: www.smartspaceplc.com
(http://www.smartspaceplc.com)

 

 

 

 

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