IN BRIEF: SmartSpace expects to end year in line with expectations

Fri, 14th Jan 2022 10:23

SmartSpace Software PLC - Suffolk, England-based software company - Expects group revenue of GBP5.2 million for the year ended January 31 and adjusted losses before interest, tax, depreciation and amortisation of no more than GBP2.7 million.

For the 2021 financial year, Smartspace posted an adjusted Lbitda of GBP2.1 million on revenue of GBP4.6 million.

The company said this was in line with expectations. At December 31, SmartSpace said group cash totalled GBP2.8 million.

Current stock price: 76.50 pence, down 0.7%

12-month change: down 45%

By Heather Rydings; heatherrydings@alliancenews.com

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