1Spatial - Update suggests performance is on track
1Spatial’s update suggests the momentum the business was enjoying at the time of the capital markets day in October has been sustained to the end of the calendar year. While no financial figures are given and there is still nearly a month left of the financial year, we see this statement signalling that the company is at least on track to meet our FY20 forecasts.1Spatial is a holding company. Through its subsidiaries, Co. is engaged in the development and sale of information technology (IT) software along with related consultancy and support. Co. has two business segments and brands: 1Spatial, which is a technology enabled solutions provider supplying spatial solutions, software and services; and Enables IT, which is a solutions provider focusing on network managed services.
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