Smartspace Software Share Discussion Threads

[justin beaver] 21/3/2019 11:53

N+1 Singer initiated coverage last week and are forecasting revenues of £6,3m.

[curriedquaker] 04/3/2019 19:34

hxxps://www.piworld.co.uk/2018/12/06/smartspace-software-smrt-presentation-at-mello-london-november-2018
Listen to FB give 2018 forecast of £7m revenue, he sees SMRT as acquisition fodder, and has a £5 share price
For comparison look at the other SaaS company he is Chairman, DotDigital.
Lots of similarities. DYOR

[peterc1970] 04/3/2019 16:34

@Curriedquaker He said about 16 mins in " the market is expecting us to be £7m this year" The forecasts were £6m then, which went up to £6.3m post Swiped-On aquisition. Edited for clarity.

[sharesoc] 04/3/2019 15:36

SmartSpace's presentation from our recent London seminar is available in our full member exclusive area here:

[curriedquaker] 04/3/2019 14:43

At the Mello conference in November, Frank Beechinor stated that the revenue for 2018 would be at the £7m level, therefore slightly up on brokers forecast of £6.3. No mention of how large the loss for the year would be, I’d be more interested in how much cash they have burnt. So will have to wait another couple of months.

[haywards26] 04/3/2019 12:48

The usual inline statement is frustrating. I wish companies would state what in-line or the expectations actually were, as there can be a vast range of forecasts published by various brokers etc.

Often companies state "inline with management expectations". What the heck are those internal expectations...

[shareideas1] 04/3/2019 07:35

Everything inline and FY results at end April. Solid if unexciting!

[gleach23] 04/3/2019 07:21

Agree about the non trading update owenski...I kept reading in the hope of learning something about current trading but I could have just stopped after the first sentence, which did at least suggest trading was in line.

Underwhelming though.

[owenski] 04/3/2019 07:13

A non trading update with zero figures, hmmmm, dont think this is going anywhere fast.

[curriedquaker] 28/2/2019 18:37

Does the Lack of trading update by the end of February indicate another acquisition or news in the pipeline?, or back to the bad old days?

[hiraniha] 13/2/2019 21:39

Spoke to the CEO at a Share Society event in London this evening.Trading update due end of this month.Lack of Director purchases have been mainly due to acquisition of businesses (which meant virtually a continual close period for them to buy).Prefer if there was some skin in the game personally, but it is what it is I guess.

[gleach23] 31/1/2019 10:47

Thanks peterc - appreciated

[peterc1970] 31/1/2019 10:44

Smartspace Investor relations have said that the FY Trading update (YE 31st Jan) will be around the middle of February.

[gleach23] 30/1/2019 16:28

Nice news - we've had to be patient for it! Had a small top up.

I was expecting a Business Update by the end of Jan on the assumption they were still following the REDS financial calendar - be nice if it was tomorrow and positive - that would give the share price a boost in the morning with today's RNS being so late in the day too.

[peterc1970] 30/1/2019 16:24

Hospitality is something they have been involved in for a while but it isn't their main focus, which is Workspace

[bahiflyer] 30/1/2019 16:20

Well thats an interesting announcement. Not so much the contract size but the fact that SMRT appear to be doing more with their software than just building management.
I originally thought SMRT were solely looking to run companies buildings efficiently.
Seems they've branched out to other areas which is good news.

[mortimer7] 11/1/2019 09:34

Just watched the presentation. Very impressive. Mr Beechinor seems charismatic & there now looks to be a very clear strategy in place for the company.

[tomps2] 06/12/2018 08:34

Smartspace Software (LON:SMRT) was Redstone Connect, Frank Beechinor has taken over at the helm, as CEO. (Had big influence in £DOTD). Here he is outlining the investment case.

[peterc1970] 28/11/2018 08:46

The presentation by SMRT on Monday at Mello gave a rough idea of how the enterprise contracts tended to be structured in terms of fees.

I can't remember the exact wording, but from what was said this contract type would be material. I think it was filmed by PI World, so should be available to view in a few days.

[timmy11] 28/11/2018 07:19

SmartSpace and the international bank have worked together over the last few months to create a software solution which is specified to the bank's specific requirements. With 86,000 employees across more than 60 markets and a portfolio of close to 2,000 meeting rooms across its office and branch estates, the bank is committed to greatly improving its 'Employee Experience' as part of its global Workplace strategy. Thus, with the smart software know-how to be provided by SmartSpace, the bank is investing in a cutting-edge workspace management software system, to be able to have the potential capability to provide a truly smart solution for its employees.

[owenski] 28/11/2018 07:07

No mention of money, lots of guff about how great it all is but no indication of money? Hmmmm, suspect it's peanuts.

[weatherman] 26/11/2018 07:53

New partnership agreement with Evoko

[advfn_sales] 22/11/2018 13:55

Here is the chance to meet with SmartSpace Software:

Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London.



Tickets are normally priced at £99 for two days and £79 for one.

Type in ADVFN25 as the discount code.

Many Thanks and take advantage of this premium offer.