Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on 1SPATIAL PLC. We currently have 29 research reports from 4 professional analysts.
|22Mar17 07:00||RNS||Director Shareholdings|
|17Mar17 09:13||RNS||Director Shareholdings|
|15Mar17 07:00||RNS||Director Appointment|
|07Mar17 07:00||RNS||Company Update|
|31Jan17 11:21||RNS||Directorate Change|
|11Jan17 17:46||RNS||Directorate Change|
|30Dec16 16:43||RNS||Directorate Change|
Frequency of research reports
Research reports on
Move to a client centric solutions model
09 Mar 17
Having undertaken a full strategic review, 1Spatial is moving towards a more client-led solutions provider model from its previous IP-centric one. A restructuring plan is also being executed to reduce overheads, create clear reporting lines and align the business to the new model. The extent of transition means visibility is low and hence we withdraw our estimates. Nevertheless, we believe there is substantial intrinsic value within the business which with a modicum of execution should be unlocked.
N+1 Singer - 1Spatial - Business update
07 Mar 17
1Spatial issued a business update, with a comprehensive update to be released together with the 2016 results in May 2017. The Board and the Company has been restructured to deliver sustainable cost savings, loss-making divisions disposed, and a new operating structure with clear alignment and full P&L responsibility has been established. The focus of the group remains on its core competence in spatial software and services (and today it announced a US patent has been granted around the method and system that make the substantial significance of its 1Integrate technology suite). Enables will be retained as a brand for its network managed services business, with the profitable UK business retained and the US operations sold to management.
N+1 Singer - Morning Song 21-03-2017
21 Mar 17
accesso Technology (ACSO LN) Full year results in line, but key trading months still ahead | Augean (AUG LN) Double digit growth in ’16, good start to ‘17 | Earthport (EPO LN) Interims show continued top line strength | Goals Soccer Centres (GOAL LN) Good momentum under new team. It’s now all about delivery | IQE (IQE LN) FY’16 results prompt further upgrades | Microsaic Systems (MSYS LN) Challenges in 2016, strategy remains in place | mporium Group (MPM LN) Funds raised to help execute strategy | RhythmOne (RTHM LN) Dawn of the independents | ScS Group (SCS LN) Strong progress on key growth initiatives albeit comps now toughen | Sinclair Pharma (SPH LN) FY results: EBITDA ahead, Instalift™ gaining pace | Vectura Group (VEC LN) FY (9-month) results
N+1 Singer - Augean - Double digit growth in ’16, good start to ‘17
21 Mar 17
Augean reported another year of double digit growth for 2016, with profits in line with our forecasts. Sales grew by 21% excluding landfill tax, while adjusted PBT grew by 18% to £7.1m before amortisation of acquired intangibles. DPS was increased by 54% to 1.0p, 25% ahead of our estimate. The business units made further strategic progress, with revenues from their top 20 customers increasing from 42% to 43% of the total, of which 88% was under contract or a framework agreement, increasing forward visibility. There has been an encouraging start to 2017 and management is confident of delivering another year of profits growth. The shares trade on undemanding single digit multiples, offering good value.