1spatial Share Discussion Threads

[packman8] 11/6/2020 11:18

Chrisdgb, no comments on the results. Hopefully a breakthrough.

[chrisdgb] 27/5/2020 09:06

We must be due results anytime now, people getting excited..??

[napoleon 14th] 25/3/2020 00:00

hxxps://www.edisongroup.com/publication/trading-in-line-no-covid-19-impact-so-far/26417/

[sjmarvel] 19/3/2020 21:58

Haven't checked in on this forever. OMG. What's going on? The directors of this business over past three years have turned it from a software house with some highly specialized and valuable IP to a consultancy business. Killed all investment and went for simple services. Big mistake. Beside the valuation multiple for a services being much lower, they have now been kicked out of all their sites where they can bill by the day - because of Covid 19. Especially bad in France, Belgium, and US their principle overseas markets. UK their primary home market is next. Ask yourself could this finally be the end of the road? Exit while you can ... the share price is already where it was in the old valuation ... but now it can still go lower ... the only bounce for this dog is on a dead cat ...

[gombie] 18/3/2020 15:23

What the hell is going on?

[gombie] 07/2/2020 21:06

Does anybody know why the big buys today?

[cheshire man] 09/1/2020 15:53

EdisonTechnology

@Edison_Tech


.
@1Spatial
: Update suggests performance is on track.

ow.ly/XyfH50xRfX3

[yump] 21/12/2019 16:51

Last looked at this in 2013. At least its taken them 6 years to achieve a 70% share price reduction, while getting paid salaries !

[sweepie2] 20/12/2019 10:24

Anything going on?

[gman29] 12/3/2019 18:43

hxxps://www.edisongroup.com/publication/transition-on-track-ebitda-at-least-in-line/23589/

[wanbissaka] 04/3/2019 11:32

Thanks for the link. It just re-inforces the fact that this company is hugely overvalued. I would say they are worth about half the current share price and that would be generous.

[gman29] 04/3/2019 11:20

hxxps://www.edisongroup.com/publication/spatial-awareness/23214/

[sjmarvel] 28/10/2018 21:53

Come on Seaking1 just stop, the patent was granted January 10, 2017, it was filed January 11, 2016 the tech was radius studio developed years before when they had some brains, there's nothing new comeout of 1spa for years and nothing else will. Go ask management for comment on the patents, the deferred revenue losses, the burning of the piles of cash and creating a one off consulting practice out of a potential world leading software company. A total waste of shareholder money and the funds still back them because they're in to deep.

[seaking1] 27/10/2018 21:43

They filed the Patent in 2017.

[seaking1] 26/10/2018 21:08

So what’s the patent tech that they have developed and are selling in the USA or are they lying.

[sjmarvel] 26/10/2018 17:56

Seeking 1 let me educate you. 1integrate was renamed 3 years ago. It was previously known as Radius studio and is as old as the hills. No new software @1spa. No brains left to develop anything. Talent has all left. They are just kidding the shareholders to keep the fat cats in jobs. 4. The cash position at half year was terrible standing at £734k down from £2.293m in July 2017. Management have burnt £1.559m in a year!!! As a growth company one would expect this to translate into revenue growth but NO deferred revenues are down £754,000 and total revenue has only increase by £270k.5. Management have raised £8m diluted all the share holders to support growth so let's apply the same metrics, Lets be kind and say they've got £4.5m of the cash left (4.5m/734k= 6.13 time) so let's apply that to the anticipated revenue growth (£270k *6.13=£1.655). So Management have raise £8m diluted the shareholder and if their track record proves out they will add £1.655m of one off consulting revenue to the business!!6. What an investment case, raise £8m and add one off revenue of £1.655m while the board get fat with salaries and bonuses, while the tell the market they're a growth software company....

[seaking1] 26/10/2018 13:13

If they are purely a consulting company how is it they have 1 intergrate software that they have developed, Rolling out.

As for your sums, I will see how close you are when the full year results come out!

[sjmarvel] 26/10/2018 12:24

Behind the numbers ... 1. A quick look at the balance sheet shows the decline and destroying of shareholder value, deferred income (accountants words for recurring revenue) has fallen 19% down to £3.260m from £4.014m that's lost contracts, so in the half year they've lost £754,000, the full year position will be at least £1,508,000, i predict this will be approaching £2m at year end.This is now a pure consulting company and should be re-rated as a consulting company with a 0.8 times revenue valuation.2. There also been a swing to the bad with Trade Payables now standing at £1.8m from £1.4m, so they're not paying suppliers or HMRC!!3. And what's the Story behind the Write off accrued revenue £138k?...

[seaking1] 24/10/2018 10:40

Cheshire man, many thanks for the link.

[seaking1] 23/10/2018 18:25

Under the USA section of the latest interim report. I bought into 1spatial about 2 years ago expecting this will take time to achieve the return that I want which is double my bought price. Also knowing that Azine are expert at secondary transactions influenced my decision.

I am expecting 1spatial to be gobbled up by a big company ie google or ESRI.

[hubshank] 23/10/2018 16:54

Some interesting and intelligent comments (even if I am still significantly out of pocket and sulking). Where is the bit about being in with Google?

[seaking1] 23/10/2018 08:53

USA partnership with google. Say no more, excellent.