1spatial Share Discussion Threads

[gopher] 08/7/2023 12:37

Statement does not seem a reason for 4% drop, but best not to make any announcements in this market. I think some of previous comments were technology good but sales and marketing needed to be upscaled and that seems to be happening from comments made.

[robsy2] 07/7/2023 11:05

Have a look on Edison- they cover this stock.

[apatel21] 07/7/2023 10:45

Anyone know what current mkt expectations are for FY24 ?

[flc] 27/6/2023 18:42

Recurring revs do it for me and they're growing steadily. Can see this maintaining an upwards from here. When you crunch the numbers and assess the size of the pie then the market cap seems far too low. We'll see. IQG trading at £2.57 with a market cap of £158m...this 55p at £60m...crazy!

[robsy2] 27/6/2023 12:26

I have been buying quite a few more mostly last Friday with a few more added today.
It seems to me that the company is on the cusp of a step-change in its fortunes, providing the Streetworks paid trials complete well and convert into sizeable multi-year contracts. I am betting on that outcome because it looks like it can happen and it is not included in forecasts . Besides that, they have other shots on goal elsewhere and reckon the core business can do 10% growth a year anyway. Seems to be a lot more upside than down. Famous last words!

[gopher] 26/6/2023 09:35

Edison flash note on new application is positive but estimates unchanged for now.

[flc] 23/6/2023 12:36

About time we saw some movement...should be trading much higher IMO.

[eeza] 23/6/2023 10:10

Looks to be 5yr high.

[grantley] 23/6/2023 09:53

Nice rise this morning - anyone see it tipped anywhere?

[robsy2] 19/6/2023 10:26

My view
"the company seems quite excited about a software app they call TMPA which stands for Traffic Management Plan Automation. They have been developing this for the last 4 years. It automates the whole traffic management plan process according to “The Red Book”, which is the name given to the permission process and compliance requirements that need to be adhered to when anyone does any road works in the UK.

SPA’s tech means that a compliant application to do road works, complete with accurate location of affected underground assets, road redirection plans, signage requirements, road signage, traffic cones, stop & slow down signs , redirection signs etc. and notification requirements for service outages, can all be generated in under 30 seconds!

This is not a trivial matter because apparently there are 2.5m cases of minor roadworks in the UK and each has to be done in compliance with The Red Book. To date, the generation of the required Red Book compliant traffic management plan has been a very time-consuming, non-automated process with total industry costs estimated at around 500m GBP a year.

The promise is that SPA’s TMPA product is called 1 Streetworks makes traffic plans 100% automated, so that within 30 seconds of inputting data, the user will have a fully compliant plan with a map and complete spec for the job.

TMPA could be massive.

In a recent shareholder presentation, CEO Claire Milverton, suggested that the TMPA project could get them a 30% market share of the 2.5m cases of roadworks in the UK at 100 GBP a plan with 80%+ margins.

If so, then it is truly exciting to think that within 3 years, SPA could be generating turnover of 750,000 x 100 quid a year = That is 75 million GBP a year of additional turnover.
It could also be used in other territories

[daz] 19/6/2023 09:39

It's the company's own words in the announcement, which perhaps signals there could be further evaluations and/or contracts to come

[gopher] 19/6/2023 08:59

Not sure about transformational but this is a new income that isn't in analysts forecasts because it couldn't be sized.

[robsy2] 19/6/2023 08:26

Excellent news. A breakthrough for the company that could be transformational.

[hubshank] 16/5/2023 08:15

Interesting- thanks for sharing. Any idea when the trial concludes?

[gopher] 03/5/2023 09:19

They have markets in the USA Europe and Uk, I would say they are under capitalised outside UK and noted hires mentioned. I have the impression of a good product to get as far as they have in these territories.

[robsy2] 02/5/2023 08:26

Edison update is out and gives a reasonable overview.I don't think they put any figures into their projections for Streetworks which is now in paid trials with potential customers , one of which does 90,000 streetworks a year.It seems to me that this part of the business is on the cusp of possibly being a major, high-margin profit centre and that outcome is not reflected in the projected figures.

[robsy2] 01/5/2023 12:34

Thats my view Gopher. This could be a very interesting year for shareholders. They need a breakthrough somewhere to push things along. Europe and Australia are sluggish.I get the feeling the company is a little undercapitalized.If they threw 50m GBP at things they could get where they are going more quickly.

[gopher] 28/4/2023 09:32

Replying to my own post after watching the presentation, I would say that the core business is growing at 10% plus but they are very enthusiastic about traffic management planning as a new SaaS revenue stream. CM has bought shares again which is good to see.

[gombie] 28/4/2023 08:41

I tried to put the thumbs up icon and it came out as a question mark

[gombie] 28/4/2023 08:39

Tomp2 Thanks for the links?

[tomps2] 28/4/2023 07:45

1Spatial (SPA) Full Year results presentation - April 2023

1Spatial CEO, Claire Milverton & CFO, Stuart Ritchie, present Full Year results for the year ended 31 January 2023.

Watch the video here:

Listen to the podcast here:

[robsy2] 26/4/2023 09:33

They are making decent progress improving the quality of their income streams, developing their offering and are now genuinely profitable, have sufficient cash flow to fund the R&D spend and finance the growth in sales. It is all a bit of a balancing act but progress is solid, opportunities are there and some of them look pretty enticing.

[gopher] 26/4/2023 08:45

A solid year in the chairs words. The share price has moved within a tight range over the last couple of years and it's difficult to see that changing much although swing to profit should help.