Spaceandpeople PLC (GB:SAL)
LSE:SAL
Want to see GB:SAL full AI Analyst Report?
Top Page
Spaceandpeople
(LSE:SAL)
Select Model
Select Model
Rating:57Neutral
Price Target:
153.00 p
▼(-27.14% Downside)
Action:Downgraded
Date:05/01/26
The score is driven by improving financial performance (revenue growth, restored profitability, and reduced leverage), but is held back by weak technical signals (price below all key moving averages and negative MACD) and cash flow volatility (free cash flow decline in 2025). Valuation appears reasonable but not a strong positive catalyst on its own.
Positive Factors
Revenue Growth & Profit Recovery
Consistent revenue expansion and a return to profitability since 2023 indicate that core specialty-leasing and campaign services are gaining sustained demand. This strengthens the company's ability to scale operations, absorb fixed costs, and build more predictable earnings over the medium term.
Negative Factors
Free Cash Flow Decline
A ~35% drop in free cash flow despite revenue gains signals weaker cash conversion, likely from working-capital timing or higher capex. Persistent FCF volatility can limit reinvestment in venue programs, increase reliance on external financing, and impair execution of growth initiatives.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth & Profit Recovery
Consistent revenue expansion and a return to profitability since 2023 indicate that core specialty-leasing and campaign services are gaining sustained demand. This strengthens the company's ability to scale operations, absorb fixed costs, and build more predictable earnings over the medium term.
Read all positive factors
Spaceandpeople (SAL) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£2.97M
Dividend YieldN/A
Average Volume (3M)4.54K
Price to Earnings (P/E)7.3
Beta (1Y)0.30
Revenue Growth19.52%
EPS Growth52.76%
CountryUK
Employees62
SectorCommunication Services
Sector Strength97
IndustryAdvertising Agencies
Share Statistics
EPS (TTM)0.21
Shares Outstanding1,998,957
10 Day Avg. Volume3,751
30 Day Avg. Volume4,539
Financial Highlights & Ratios
PEG Ratio0.17
Price to Book (P/B)1.00
Price to Sales (P/S)0.49
P/FCF Ratio4.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.26
Revenue Forecast (FY)£9.05M
Spaceandpeople Business Overview & Revenue Model
Company Description
SpaceandPeople PLC specializes in facilitating and managing promotional and retail licensing opportunities within high-traffic venues across the United Kingdom, Germany, and India. The company operates through two primary divisions: Promotional Sa...
How the Company Makes Money
Spaceandpeople (SAL) primarily makes money by selling access to short-term retail and promotional space in high-traffic venues. Its key revenue stream is commission and/or fee income earned for sourcing, selling, and administering mall/venue “spec...
Spaceandpeople Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
71
Positive
Cash Flow
63
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 8.04M | 6.72M | 5.84M | 4.70M | 4.02M |
| Gross Profit | 6.50M | 5.45M | 4.77M | 3.88M | 2.81M |
| EBITDA | 569.00K | 631.00K | 548.00K | -1.18M | 528.00K |
| Net Income | 412.00K | 269.00K | 148.00K | -1.71M | 184.00K |
Balance Sheet | |||||
| Total Assets | 10.43M | 9.96M | 9.86M | 10.54M | 11.45M |
| Cash, Cash Equivalents and Short-Term Investments | 1.64M | 1.87M | 1.87M | 1.89M | 1.38M |
| Total Debt | 619.00K | 1.08M | 1.51M | 1.90M | 2.27M |
| Total Liabilities | 6.52M | 6.50M | 6.66M | 7.49M | 6.61M |
| Stockholders Equity | 3.90M | 3.47M | 3.21M | 3.05M | 4.84M |
Cash Flow | |||||
| Free Cash Flow | 915.00K | 539.00K | 481.00K | 1.02M | 699.00K |
| Operating Cash Flow | 1.35M | 765.00K | 695.00K | 1.11M | 779.00K |
| Investing Cash Flow | -546.00K | -211.00K | -214.00K | -137.00K | -80.00K |
| Financing Cash Flow | -1.03M | -554.00K | -494.00K | -464.00K | -158.00K |
Spaceandpeople Technical Analysis
Negative
210.00
Price Trends
170.70
Negative
188.58
Negative
199.41
Negative
Market Momentum
-5.67
Negative
25.64
Positive
41.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SAL, the sentiment is Negative. The current price of 210 is above the 20-day moving average (MA) of 158.25, above the 50-day MA of 170.70, and above the 200-day MA of 199.41, indicating a bearish trend. The MACD of -5.67 indicates Negative momentum. The RSI at 25.64 is Positive, neither overbought nor oversold. The STOCH value of 41.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SAL.
Spaceandpeople Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | £2.97M | 7.31 | 14.92% | ― | 19.52% | 52.76% | |
57 Neutral | £2.16M | 18.18 | -3.05% | ― | 29.26% | ― | |
47 Neutral | £6.46M | -5.80 | 4.93% | ― | -2.27% | -365.00% | |
42 Neutral | £1.63M | -0.45 | -234.41% | ― | 14.64% | -9.38% | |
40 Neutral | £409.74K | -0.01 | -114.93% | ― | -55.09% | 71.97% | |
40 Underperform | £577.72K | -1.66 | 11.24% | ― | 6.34% | 24.62% |
* Communication Services Sector Average
GB:SAL
Spaceandpeople
152.50
30.00
24.49%
GB:MDZ
Mediazest
0.11
0.03
50.00%
GB:GVMH
Grand Vision Media Holdings plc
0.60
0.00
0.00%
GB:MIRI
Mirriad Advertising
0.01
>-0.01
-9.09%
GB:DNM
Dianomi Plc
21.50
-6.00
-21.82%
GB:SBDS
Silver Bullet Data Services Group plc
8.50
-20.00
-70.18%
Spaceandpeople Corporate Events
Private Placements and FinancingRegulatory Filings and Compliance
SpaceandPeople Executives Exercise Share Options, Lift Management Stakes
Positive
Jun 1, 2026
SpaceandPeople plc has announced that its CEO Nancy Cullen, CFO Gregor Dunlay and COO Andrew Keiller have each exercised options over 7,500 ordinary shares at an exercise price of £1.025 under the company’s 2012 Enterprise Management In...
Financial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
SpaceandPeople Corrects AGM Date and Issues 2025 Annual Report
Neutral
May 18, 2026
SpaceandPeople plc has corrected an earlier regulatory announcement to confirm that its Annual General Meeting will be held at 11:00 a.m. on 16 June 2026 at Delta House in Glasgow, after previously misstating the date as 17 June 2026. The company ...
Financial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
SpaceandPeople Sets June Date for AGM and Publishes 2025 Annual Report
Neutral
May 18, 2026
SpaceandPeople has announced that its Annual General Meeting will be held on 17 June 2026 at Delta House in Glasgow, with formal notice being posted to shareholders. The company is also distributing its Annual Report and Accounts for the year ende...
Business Operations and StrategyFinancial Disclosures
SpaceandPeople lifts profits, strengthens balance sheet and accelerates UK-EU growth
Positive
Apr 29, 2026
SpaceandPeople reported a strong 2025 financial performance, with revenue up 20% to £8.0 million, operating profit up 74% to £0.6 million and net cash rising 59% to £1.6 million after repaying all bank borrowings. Robust cash genera...
Business Operations and StrategyFinancial Disclosures
SpaceandPeople Schedules Online Investor Presentation on 2025 Full-Year Results
Positive
Apr 24, 2026
SpaceandPeople will host a live investor presentation on 1 May 2026 to discuss its full-year 2025 results, with CEO Nancy Cullen, CFO Gregor Dunlay and COO Andrew Keiller leading the session via the Investor Meet Company platform. The event, open ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.