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Smartspace Software Plc >
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FY22 in line, further strong growth expected in FY23

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  • 17 May 2022

FY22 in line, further strong growth expected in FY23


Smartspace Software Plc (SMRT:LON) | 58.0 -1.2 (-2.5%) | Mkt Cap: 16.8m


  • Singer Capital Markets
    • Kevin Ashton

    • 3 pages

Software image


 
Software image


Despite lingering lockdown headwinds, FYJan22 saw continued strong growth for Smartspace’s two SaaS businesses, SwipedOn (visitor, employee and desk management) and Space Connect (meeting room and desk management), driving combined ARR up 64% organic to £4.9m. SwipedOn ARR grew 57% yoy (>85% of total ARR) with Space Connect ARR up almost threefold. Encouraging trading through to end April (ARR rose to £5.5m) underpins Smartspace’s continued expectations for “further strong growth in FY23”. Key d ....

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FY22 in line, further strong growth expected in FY23


Smartspace Software Plc (SMRT:LON) | 58.0 -1.2 (-2.5%) | Mkt Cap: 16.8m


  • Published: 17 May 2022
  • Author: Kevin Ashton
  • Pages: 3
  • Singer Capital Markets


Despite lingering lockdown headwinds, FYJan22 saw continued strong growth for Smartspace’s two SaaS businesses, SwipedOn (visitor, employee and desk management) and Space Connect (meeting room and desk management), driving combined ARR up 64% organic to £4.9m. SwipedOn ARR grew 57% yoy (>85% of total ARR) with Space Connect ARR up almost threefold. Encouraging trading through to end April (ARR rose to £5.5m) underpins Smartspace’s continued expectations for “further strong growth in FY23”. Key d ....


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