1Spatial’s interim results highlight the continuing progress the group is making with its refocussed strategy. The group has narrowed its focus to the core sectors of Government, Utilities and Transport and is transitioning to a term licencing model, significantly improving revenue quality and visibility. Group revenue and adj. EBITDA in the period of £10.9m and £1.7m respectively leave the group well placed to meet our full year expectations. The outlook is positive with a
14 Oct 2019
Continued strategic progress
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Continued strategic progress
1Spatial Plc (SPA:LON) | 60.5 0.3 0.8% | Mkt Cap: 67.1m
- Published:
14 Oct 2019 -
Author:
Oliver Knott -
Pages:
3
1Spatial’s interim results highlight the continuing progress the group is making with its refocussed strategy. The group has narrowed its focus to the core sectors of Government, Utilities and Transport and is transitioning to a term licencing model, significantly improving revenue quality and visibility. Group revenue and adj. EBITDA in the period of £10.9m and £1.7m respectively leave the group well placed to meet our full year expectations. The outlook is positive with a