5 July 2024
1Spatial plc
("1Spatial", the "Group" or the "Company")
AGM Statement and Trading
Update
1Spatial, (AIM: SPA), a global leader in
Location Master Data Management (LMDM) software and
solutions, will hold its Annual General Meeting at 11am today
at the offices of Panmure Liberum Limited, Ropemaker Place, Level
12, 25 Ropemaker Street, London EC2Y 9LY.
At the meeting, Andrew Roberts, Non-Executive
Chairman, will make the following statement:
"Trading for the full year is expected to be in
line with expectations. We have secured several new contracts in
Europe and the US (as previously announced) in recent months, and
we continue to make progress with our innovative 1Streetworks SaaS
offering.
Planned targeted headcount increases across the
US Enterprise and 1Streetworks businesses are well underway. With
the onboarding of an NG9-1-1 (public safety) specialist in May and
a highly experienced sales director joining the Company early in H2
to strengthen the 1Streetworks team. This reflects our approach to
ensure our sales and delivery teams have a greater sector focus.
The Group has a strong order book, a growing
recurring revenue stream and substantial sales pipeline
underpinning the Board's confidence in the outturn for FY25.
We believe the investments we continue to make in people and
technology have positioned the business well to take advantage of
the huge opportunity ahead."
For
further information, please contact:
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1Spatial plc
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01223 420 414
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Claire Milverton / Stuart
Ritchie
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Panmure Liberum (Nomad and Broker)
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020 3100 2000
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Max Jones
/ Edward Mansfield / Anake Singh
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Alma Strategic Communications
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020 3405 0205
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Caroline Forde / Hannah
Campbell / Kinvara Verdon
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1spatial@almastrategic.com
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About 1Spatial plc
1Spatial plc is a global leader in
providing Location Master Data Management (LMDM) software,
solutions and business applications, primarily to the Government,
Utilities and Transport sectors via the 1Spatial platform. Our
solutions ensure data governance, facilitating the efficient,
effective and sustainable operation of customers around the world.
Our global clients include national mapping and land management
agencies, utility companies, transportation organisations,
government and defence departments.
Today, when using and sharing
trusted data provides significant opportunities for businesses and
governments to deliver against important sustainability and Net
Zero goals, our vision is clear - to make the world safer, smarter
and more sustainable by unlocking the value in data, enabling
better decisions and greater insights.
The 1Spatial platform is a
comprehensive set of data and system agnostic LMDM software
components which helps ensure master data is compliant, current,
complete, consistent, and coordinated - and that customers can be
confident it will remain that way as it evolves. It allows them to
master their data on any device, anywhere, anytime and can be
deployed as SaaS in the cloud, on-premise, or as a hybrid of
both.
Our domain expertise and data
agnostic approach allows us to be an integral and important part of
the Geospatial Ecosystem, supporting the wider digital
economy. We partner with major technology consultancies
and GIS providers such as ESRI and bring together our people,
innovative solutions, industry knowledge and experience from our
extensive customer base to deliver world class
solutions.
1Spatial plc is AIM-listed,
headquartered in Cambridge, UK, with operations in the UK, Ireland,
USA, France, Belgium, Tunisia, and Australia.
www.1spatial.com