Report

Looking for the turning point

While 1Spatial’s financial performance in H1 was somewhat disappointing, we believe that the company took a number of strategic steps towards building a scalable platform for growth over the period. With the Geospatial order book up 30% since year end, a pipeline of licensing deals to close and the Esri relationship starting to generate recurring subscription sales, we believe that its financial performance should turn a corner in H2. If it does then 1Spatial’s shares are substantially undervalued.
Underlying
1Spatial

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.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Analysts
Dan Ridsdale

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch