Soon after reporting two large multiyear contract wins, 1Spatial’s H122 results did not disappoint. Headline revenue grew 8% y-o-y to £12.6m, with all global regions contributing, while adjusted EBITDA was up 10% to £1.8m, with relatively steady margins. We have raised our FY22 and FY23 revenue and earnings forecasts to reflect these recent contracts and trends from H122 performance. We remain encouraged by the long-term potential of the geospatial market, recent contract momentum and growth of ....
29 Sep 2021
1Spatial - H122 results complement recent contract wins
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
1Spatial - H122 results complement recent contract wins
1Spatial Plc (SPA:LON) | 59.0 -0.3 (-0.8%) | Mkt Cap: 65.4m
- Published:
29 Sep 2021 -
Author:
Dan Ridsdale -
Pages:
4
Soon after reporting two large multiyear contract wins, 1Spatial’s H122 results did not disappoint. Headline revenue grew 8% y-o-y to £12.6m, with all global regions contributing, while adjusted EBITDA was up 10% to £1.8m, with relatively steady margins. We have raised our FY22 and FY23 revenue and earnings forecasts to reflect these recent contracts and trends from H122 performance. We remain encouraged by the long-term potential of the geospatial market, recent contract momentum and growth of ....