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1Spatial Holdings Information
Share Price Information for 1Spatial Holdings (SPA)
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Share Price:
71.50
Bid:
71.00
Ask:
72.00
Change:
0.00 (0.00%)
Spread:
1.00 (1.408%)
Open:
71.50
High:
71.50
Low:
71.50
Prev. Close:
71.50
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Don't have an account? Click here to register.1Spatial to deliver FY loss, sells Avisen business
Tue, 20th Dec 2016 09:47
(ShareCast News) - AIM-listed spatial data company 1Spatial warned on Tuesday that it now expects to deliver an adjusted loss for the full year to the end of January 2017 due to slippage in a number of contracts.1Spatial said that while its sales pipeline and order book remain robust, due to a number of factors, including transitioning the business model to one of annualised revenues and the extension of the industry sales cycles, timing of certain key contracts is now expected to fall into 2017.As result, it now expects to deliver a marginal adjusted earnings before interest, taxes, depreciation and amortisation loss for the year.Still, the group said it expects to end the financial year "comfortably within" its current banking facilities.In addition, the company announced that as part of its strategic review, it will sell its Avisen business for £100,000 receivable in 12 months' time and close its Storage Fusion business."1Spatial has taken a proactive approach to the short term challenge it faces, assessing both the cost base and assets of the company, as management seek to preserve cash and maintain its core focus."At 0953 GMT, the shares were down 28% to 1.99p.
More News
27 Oct 2014 15:53
27 Oct 2014 06:19
24 Oct 2014 15:26
13 May 2014 16:09
1Spatial posts first annual profit and cites healthy pipeline
Maiden annual profits confirmed Big Data aspirant 1Spatial has gained traction in this burgeoning market, with the company claiming a healthy pipeline of opportunities for the year ahead too. Revenue jumped 43% to £17.3m in the year to end-January, including £4.7m from the Star-Apic acquisition ma
Read more13 May 2014 12:45
1Spatial Narrows Full-Year Loss, Targets New Geographies
LONDON (Alliance News) - Data management firm 1Spatial PLC Tuesday said it narrowed its losses in the full year, despite investing heavily in the business. AIM-listed 1Spatial posted a pretax loss of GBP2.3 million for the year ended January 31, compared with a GBP4.8 million loss a year ea
Read more25 Apr 2014 11:35
CORRECT: UK MIDDAY BRIEFING: Pearson Shares Higher On "Solid Start"
(An item published at 1224 BST misstated the direction of the markets. The correct version follows) LONDON (Alliance News) - Pearson leads the FTSE 100 as we head into afternoon trading Friday after the company maintained its full-year adjusted earnings per share guidanc
Read more25 Apr 2014 11:24
UK MIDDAY BRIEFING: Pearson's "Solid Start" Drives Shares Higher
LONDON (Alliance News) - Pearson leads the FTSE 100 as we head into afternoon trading Friday after the company maintained its full-year adjusted earnings per share guidance for 2014, as it said it had seen a "solid start to the year" in a statement ahead of its annual general
Read more25 Apr 2014 10:47
UK WINNERS & LOSERS: Pearson, William Hill Lead Blue-Chip Gainers
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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Pearson, up 3.8%. The publisher has maintained its full-year adjusted earnings
25 Apr 2014 10:07
1Spatial Full Year Results To Meet Market Expectations
LONDON (Alliance News) - 1Spatial PLC Friday said that its full-year results would be in line with market expectations for the year to end-January, as it saw a "solid" performance over the year. The information technology software company said that it entered the new financial year with an
Read more28 Jan 2014 09:09
1Spatial Gets Contract Extension From Ordnance Survey Worth GBP2.08M
LONDON (Alliance News) - 1Spatial PLC, the data management firm, said Tuesday it has been awarded a GBP2.08 million contract extension by the Ordnance Survey of Great Britain, the national mapping authority. 1Spatial already supplies software and consultancy services to the Ordnance Survey'
Read more16 Jan 2014 16:05
1Spatial completes acquisition of Star-Apic
AIM-listed 'big data' company 1Spatial has completed the acquisition of the final 10 per cent of the issued share capital of land and property specialist Star-Apic. The group paid €666,984 to owner from Meusinvest, based on the same valuation terms as the initial agreement when 90% of Star-Apic was
Read more16 Jan 2014 14:53
1Spatial Acquires Final 10% Of Star-Apic For EUR666,984
LONDON (Alliance News) - Big data company 1Spatial PLC Thursday said it has bought the final 10% of Star-Apic it didn't already own from Meusinvest S.A for EUR666,984. "The timing is right for Star-Apic to be fully integrated into 1Spatial as the business moves forward as a single brand wit
Read more