Smartspace Software Share Discussion Threads

[hazl] 09/2/2023 09:34

I missed that.

[hazl] 08/2/2023 09:41

AIM - WINNERS

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Smartspace Software PLC, up 12% at 46.9 pence, 12-month range 28p-92p. The building-focused software provider says revenue for the year to January 31 was up 36% to GBP7.0 million from GBP5.1 million. The firm says its adjusted loss before interest, tax, depreciation and amortisation is expected to be better than market consensus forecasts. "We have continued to make good progress despite challenging macroeconomic indicators and inflationary environment. Even despite the economic headwinds and market turmoil, we believe that we are in a good place and on track to ensure we achieve sustained growth for the business going forward," says Chief Executive Frank Beechinor.

[hazl] 08/2/2023 09:33

The group said in a trading update that new signups in November had led to it being the “busiest month in over a year,” and that it had received an order from a “major UK education institution” in late January which could generate “significant” revenue next year.

[hazl] 08/2/2023 09:31

Smartspace Software surges after wave of signups

Smartspace Software saw its shares rise 26% in early trading after reporting revenue growth and suggesting full-year losses will be better than expectations

[hazl] 07/2/2023 21:30

I wonder if we will get a mention in the media at all?

It is doing rather well.


IMO

[hazl] 07/2/2023 15:54

Well I'm in good company...Jeffries got a stake in January GS bought some last August!

[hazl] 07/2/2023 09:24

Thank you Zico....didn't notice before.
And the churn element is put into perspective when you see the difference between Swiped on and space connect.

Swiped on brings in ....GBP 5.00m

Space connect brings in ....0.7m


and the strong recurring revenue is also what I like.

Up 45% to GBP4.9 m (FY22: GBP3.4 m)

[hazl] 07/2/2023 09:12

There will be some nice little extras shown in the next update in May.

Things not accounted for in our trading update.

' Order received in January 2023 from new Far Eastern customer with revenue yet to be recognised, and significant prospects for expansion in FY24. '

'Order received on 30 January 2023 from a major UK education institution which will generate significant revenues for the business in FY24.'

IMO

[hazl] 07/2/2023 08:59

'The global smart space market size is projected to grow from USD 9.4 billion in 2020 to USD 15.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.2% during the forecast period. The increasing venture capital funding and growing investments in smart space technology to drive market growth.

Key and innovative vendors in the smart space market include ABB. (Switzerland), Cisco (US), Siemens (Germany), Huawei Technologies (China), IBM (US), Schneider Electric (France), Smartspace Software (UK), Hitachi Vantara (US), ICONICS (US), Coor (Sweden), Ubisense (UK), Smarten Spaces (Singapore), Spacewell (Belgium), Softweb Solutions (US), Eutech '

....

According to marketsandmarkets.com

[hazl] 07/2/2023 08:34

Even despite the economic headwinds and market turmoil, we believe that we are in a good place and on track to ensure we achieve sustained growth for the business going forward. I look forward to providing a further update in May."

Investor Meet Company Presentation

Frank Beechinor, CEO and Kristian Shaw, CFO will provide a live presentation, relating to the Trading Update, via the Investor Meet Company platform, on 9 February 2023 at 11:00am GMT.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9:00am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet SMARTSPACE SOFTWARE PLC via:

[weatherman] 07/2/2023 08:28

Surprised such a big jump given news of higher churn.

[hazl] 07/2/2023 08:26

Announce results in May...which if expected 'better than market expectations'
ought to provide some surety .
Hopefully,with a recent buy from Jeffries then we can hope for continued interest.
IMO

[z1co] 07/2/2023 08:21

Well done hazl

A really good update , UP 25%.

[hazl] 07/2/2023 08:15

A good investment going forward I believe.

[hazl] 07/2/2023 07:29

Notice of Investor Meet Company Presentation | 11am on Thursday 9 February 2023

[hazl] 07/2/2023 07:29

Trading up date!

[hazl] 29/1/2023 18:20

Ali I agree that the G S holdings announcement throws up more questions than answers... when I look at it again....but we have certainly had more interest from institutions lately so I believe the tide has turned!

[hazl] 29/1/2023 15:49

Helium Special Situations Fund
City and country of registered office Cayman Islands
(if applicable)

have a 3% stake from 24th of this month too.

I missed it!

[hazl] 28/1/2023 19:27

Smart Space Market 2022 Demand up till 2032!

Demand ,Growth, Opportunities and Analysis of Top Key Player Forecast To 2032

| Top Players: IBM, ABB, Cisco, Siemens, Huawei, Schneider Electric, Smartspace Software PLC, Hitachi Vantara, Iconics, Coor

Digital Journal has us now on a smaller list!

Even better we are in the top ten!

[hazl] 28/1/2023 19:23

Even better! up to 2032!