1Spatial Plc AGM Statement (7525C)

TIDMSPA

RNS Number : 7525C

1Spatial Plc

23 June 2021

1SPATIAL PLC

("1Spatial" or the "Company")

AGM Statement

1Spatial, (AIM: SPA), a global leader in Location Master Data Management (LMDM) software and solutions , will hold its Annual General Meeting at 11.00 am today. At the meeting, Andrew Roberts, Non-Executive Chairman, will make the following statement:

"1Spatial continues to make good progress against its growth strategy, winning new customers and delivering on its expanding opportunity. Following a strong period of trading in the final quarter of the prior year, we entered the new year with increased levels of committed revenue and a strengthened financial position. In line with expectations, order levels for new sales in the current year are higher than in the comparable period as the Group continues to focus on growing recurring licence revenue and securing higher levels of committed revenue.

"The growing need for better quality, shareable location data to support infrastructure investment, new environmental initiatives and innovative digital services is driving increased demand for the Group's 1Integrate, 1Data Gateway and Esri arcOpole Pro offerings across each of its three target sectors: Government, Utilities and Transport. New customers secured in recent months include two further US States for next generation 911 solutions, a new department of Tours Metropole in France and extensions with the US Federal Highways Administration and Ordnance Survey Great Britain.

"The Group has a strong and growing sales pipeline in all regions, both direct and through our valued partners, underpinning the Board's confidence in a successful outcome to the year and exciting future ahead."

For further information, please contact:

 
  1Spatial plc                                     01223 420 414 
 Claire Milverton / Andrew Fabian 
 
 Liberum (Nomad and Broker)                        020 3100 2000 
 Neil Patel / Cameron Duncan / Ed Phillips 
  / Miquela Bezuidenhoudt 
 
 Alma PR                                           020 3405 0205 
 Caroline Forde / Justine James / Molly Gretton    1spatial@almapr.co.uk

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

AGMELLFLFQLXBBF

(END) Dow Jones Newswires

June 23, 2021 02:00 ET (06:00 GMT)

1Spatial (AQSE:SPA.GB)
Historical Stock Chart
From Jan 2025 to Feb 2025