Spaceandpeople (SAL) AI Stock Analysis

• Market Cap: £4.05M
• Dividend Yield: N/A
• Average Volume (3M): 4.54K
• Price to Earnings (P/E): 8.2
• Beta (1Y): 0.42
• Revenue Growth: 20.20%
• EPS Growth: 57.77%
• Country: UK
• Employees: 62
• Sector: Communication Services
• Sector Strength: 97
• Industry: Advertising Agencies
• EPS (TTM): 0.02
• Shares Outstanding: 1,976,457
• 10 Day Avg. Volume: 3,751
• 30 Day Avg. Volume: 4,539
• PEG Ratio: 0.07
• Price to Book (P/B): 0.46
• Price to Sales (P/S): 0.24
• P/FCF Ratio: 2.97
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 19.38
• Revenue Forecast (FY): £626.04M

• Rating: 75 Outperform
• Price Target: 245.00p ▲(19.51% Upside)

Spaceandpeople's overall stock score is driven by strong financial performance and positive corporate events. The company's recovery in profitability and strategic expansions position it well for future growth. Technical analysis suggests a neutral trend, while valuation indicates the stock may be undervalued. The absence of earnings call data limits insights into management's outlook.

Positive Factors

Revenue Growth

The company's consistent revenue growth indicates a successful business model and expanding market presence, enhancing long-term stability.

Cash Generation

Strong cash generation relative to profit ensures financial flexibility and supports future investments and growth initiatives.

Margin Improvement

Improved margins reflect operational efficiency and pricing power, contributing to sustainable profitability over the long term.

Negative Factors

Historical Volatility

Past volatility in profitability may indicate underlying business risks, potentially affecting future financial performance.

Declining Total Assets

A reduction in total assets may limit the company's ability to leverage growth opportunities and could signal underlying operational challenges.

Equity Base Concerns

While the equity base is solid, any further decline could strain financial stability and impact the company's ability to raise capital.

Spaceandpeople Business Overview & Revenue Model

Company Description

SpaceandPeople PLC markets and sells promotional and retail licensing space on behalf of shopping centers, retail parks, railway stations, and other venues in the United Kingdom, Germany, and India. The company operates in two segments, Promotional Sales and Retail. The company markets, sells, and administers promotional space, as well as on-mall and short-term retail space in footfall venues, including shopping centers, garden centers, city centers, retail parks, and train stations. It also offers promotional kiosk, a digital experiential platform for promotional activities of companies; and media services, as well as leases retail merchandising units. In addition, the company provides pop-up solutions; and designs and installs kiosks. SpaceandPeople PLC was incorporated in 2000 and is headquartered in Glasgow, the United Kingdom.

How the Company Makes Money

Spaceandpeople generates revenue primarily through the leasing of retail space in high-traffic locations, where brands pay to utilize these areas for temporary retail setups or promotional events. Key revenue streams include rental income from the spaces they manage, service fees for the setup and operation of promotional activities, and commissions from sales generated through these temporary retail initiatives. Additionally, SAL may engage in partnerships with shopping centers and airports to enhance their retail offerings, further expanding their reach and profitability. The company's success is bolstered by its ability to attract diverse brands seeking to capitalize on high-traffic areas, driving consistent revenue through a combination of space leasing and value-added services.

Spaceandpeople Financial Statement Overview

Summary

Spaceandpeople has shown strong revenue and profit growth, with improved margins and stable debt levels. However, historical volatility and declining total assets warrant caution.

Income Statement

Spaceandpeople has demonstrated a strong recovery in recent years, with significant revenue growth and improved profitability. The gross profit margin increased to 81.1%, and the net profit margin improved to 4.0% in 2024. The company has successfully turned around from previous losses, with a positive EBIT margin of 4.7% and EBITDA margin of 9.4% in 2024. However, the historical volatility in profitability suggests caution.

Balance Sheet

The company's balance sheet shows a stable financial position with a debt-to-equity ratio of 0.31, indicating manageable leverage. The equity ratio stands at 34.8%, reflecting a solid equity base. Return on equity improved to 7.8% in 2024, showcasing better utilization of shareholder capital. However, the decline in total assets over the years could be a concern if not addressed.

Cash Flow

Spaceandpeople's cash flow position is robust with a free cash flow to net income ratio of 2.0 in 2024, indicating strong cash generation relative to profit. Operating cash flow to net income ratio of 2.8 further underscores efficient cash operations. The company has shown consistent free cash flow growth, reflecting a positive cash flow trajectory.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.49M	6.72M	5.84M	4.70M	4.02M	2.81M
Gross Profit	6.13M	5.45M	4.77M	3.88M	2.81M	1.40M
EBITDA	873.00K	631.00K	548.00K	-1.18M	528.00K	-3.08M
Net Income	487.00K	269.00K	148.00K	-1.71M	184.00K	-3.35M
Balance Sheet
Total Assets	10.31M	9.96M	9.86M	10.54M	11.45M	11.12M
Cash, Cash Equivalents and Short-Term Investments	1.48M	1.87M	1.87M	1.89M	1.38M	839.00K
Total Debt	1.20M	1.08M	1.51M	1.90M	2.27M	2.50M
Total Liabilities	6.79M	6.50M	6.66M	7.49M	6.61M	6.44M
Stockholders Equity	3.51M	3.47M	3.21M	3.05M	4.84M	4.71M
Cash Flow
Free Cash Flow	1.41M	539.00K	481.00K	1.02M	699.00K	-1.18M
Operating Cash Flow	1.73M	765.00K	695.00K	1.11M	779.00K	-1.15M
Investing Cash Flow	-296.00K	-211.00K	-214.00K	-137.00K	-80.00K	-32.00K
Financing Cash Flow	-556.00K	-554.00K	-494.00K	-464.00K	-158.00K	793.00K

Spaceandpeople Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 205.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SAL, the sentiment is Neutral. The current price of 205 is below the 20-day moving average (MA) of 218.15, below the 50-day MA of 223.30, and above the 200-day MA of 158.61, indicating a neutral trend. The MACD of -1.66 indicates Positive momentum. The RSI at 28.79 is Positive, neither overbought nor oversold. The STOCH value of 20.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:SAL.

Spaceandpeople Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAL	75 Outperform	£4.05M	8.20	14.92%	―	20.20%	57.77%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
MDZ	57 Neutral	£1.57M	―	-3.05%	―	55.13%	―
SBDS	42 Neutral	£3.63M	-0.99	-234.41%	―	14.64%	-9.38%

Spaceandpeople Corporate Events

SpaceandPeople Expands UK Railway Station Presence with New LNER Agreement

SpaceandPeople plc has secured a new three-year exclusive agreement with LNER, significantly expanding its presence in UK railway stations by adding high-footfall locations like Newcastle, York, and Doncaster to its portfolio. This agreement, along with renewed multi-year contracts with other train operating companies, gives SpaceandPeople exclusive rights to over 1,600 stations, representing more than 1.6 billion passengers, thereby enhancing its market position and offering substantial opportunities for brand advertisers and retailers.

SpaceandPeople CEO Reduces Shareholding

SpaceandPeople plc announced that its CEO, Nancy Cullen, sold 27,500 ordinary shares on 13 October 2025. This transaction reduces her holding to 68,800 shares, which is approximately 3.52% of the company’s issued share capital. The sale was conducted on the London Stock Exchange AIMX, and the transaction details were disclosed as part of regulatory requirements for persons discharging managerial responsibilities. This move may impact stakeholders’ perception of the company’s stock and management’s confidence in its future performance.

SpaceandPeople Projects Revenue Growth and Increased Profitability

SpaceandPeople has announced that it is trading in line with its upgraded market expectations for the fiscal year ending December 2025, with anticipated revenue growth continuing into 2026. The company expects revenue to reach £8.8 million in 2026, a 6% increase from 2025, and forecasts a profit before tax of £0.75 million, benefiting from reduced borrowing costs after repaying its term loan.

SpaceandPeople Returns to Profitability with Strong H1 2025 Results

SpaceandPeople plc reported a significant 26% increase in revenue for the first half of 2025, marking a return to profitability for the first time since 2017. The company’s strategic initiatives, including the establishment of a new operational hub in the Midlands and a digital transformation project, have contributed to this growth. The UK promotions division performed exceptionally well, with a 38% increase in revenue, and the ‘Rock Up’ proposition for in-mall retail opportunities is the fastest-growing division. The company is also expanding its operations in Europe, with units in Germany, the Czech Republic, the Netherlands, and France. These developments position SpaceandPeople at the forefront of the industry, with expectations of continued growth and profitability.