1Spatial (SPA) AI Stock Analysis

• Market Cap: £55.86M
• Dividend Yield: N/A
• Average Volume (3M): 178.42K
• Price to Earnings (P/E): 1666.7
• Beta (1Y): 0.20
• Revenue Growth: 5.35%
• EPS Growth: -97.78%
• Country: UK
• Employees: 330
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 111,720,760
• 10 Day Avg. Volume: 371,526
• 30 Day Avg. Volume: 178,424
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: £95.00
• Price Target Upside: 91.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: 53.00p ▲(7.07% Upside)

1Spatial's stock score is primarily driven by its strong financial performance, particularly in revenue growth and profitability. However, the high P/E ratio suggests overvaluation, which significantly impacts the overall score. Technical indicators show moderate positive momentum, but long-term resistance remains a concern.

1Spatial Business Overview & Revenue Model

Company Description

1Spatial Plc develops and sells IT software, and related consultancy and support services in the United Kingdom, Ireland, Europe, the United States, and Australia. Its products include 1Integrate for automated data validation, cleaning, transformation, and enhancement for data; 1Data Gateway, a self-service web-portal for spatial data validation, processing, and analytics; 1Integrate 3D, an automated approach to data quality, data integration and data enhancement; 1Integrate for ArcGIS, a solution that ensures the compliance of data for use across the enterprise; 1Edit, a spatial vector data editing application; and 1Generalise that automatically creates various smaller-scale data products from large-scale data sources. The company also offers 1Spatial Management Suite, a suite of products to plan, maintain, and publish data, as well as automate the production workflows; Location Master Data Management software, solutions, and business applications, an automated solutions for optimizing customers location data, and Location Mobile App Platform. In addition, it operates as a reseller for FME products, which allows restructuring, reformatting, and integrating data; and distributes Geocortex, which enables building web mapping applications. Further, the company offers deployment consultancy services. The company serves clients in utilities, national mapping and land management agencies, transportation and infrastructure, government, defense, facilities management, and engineering industries. 1Spatial Plc was incorporated in 2005 and is headquartered in Cambridge, the United Kingdom.

How the Company Makes Money

1Spatial generates revenue primarily through the sale of software licenses, subscriptions for its cloud-based services, and consulting services related to the implementation and integration of its products. The company has established key revenue streams from ongoing maintenance contracts and training services for its software solutions. Additionally, 1Spatial benefits from strategic partnerships with technology firms and governmental agencies, which enhance its market reach and provide opportunities for collaborative projects, further contributing to its earnings.

1Spatial Financial Statement Overview

Summary

1Spatial shows solid revenue growth and profitability improvements, indicating strong strategic positioning. However, concerns arise from fluctuations in free cash flow and a decline in EBIT margin, suggesting potential operational cost pressures.

Income Statement

1Spatial shows a solid revenue growth trend with total revenue increasing from 2020 to 2025. Gross profit margins remain healthy, demonstrating strong cost management. However, there is a decline in EBIT margin from 2024 to 2025, which could indicate rising operational costs or investment in growth initiatives. Despite fluctuations, net profit margin has improved, showing enhanced profitability.

Balance Sheet

The company maintains a reasonable debt-to-equity ratio, reflecting a balanced approach to leverage. Stockholders' equity has grown steadily, bolstering financial stability. However, the equity ratio has decreased slightly, suggesting increased liabilities relative to assets. Return on Equity (ROE) has seen improvement, indicating effective use of equity capital to generate profits.

Cash Flow

Operating cash flow remains strong, but free cash flow has experienced volatility, especially with a negative free cash flow in 2025. The operating cash flow to net income ratio is healthy, showcasing efficient cash generation. However, the negative free cash flow in 2025 raises concerns about capital expenditure or investment strategies impacting liquidity.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	33.38M	32.31M	30.00M	27.03M	24.60M
Gross Profit	18.54M	17.93M	12.14M	10.51M	9.04M
EBITDA	5.03M	2.42M	4.62M	3.86M	2.90M
Net Income	167.00K	1.18M	1.06M	383.00K	-1.13M
Balance Sheet
Total Assets	41.44M	38.55M	39.62M	35.12M	37.18M
Cash, Cash Equivalents and Short-Term Investments	3.63M	4.26M	5.04M	5.62M	7.28M
Total Debt	5.97M	4.58M	3.67M	4.12M	5.68M
Total Liabilities	22.96M	20.25M	22.27M	19.61M	22.45M
Stockholders Equity	18.48M	18.31M	17.83M	15.99M	15.21M
Cash Flow
Free Cash Flow	-911.00K	4.32M	1.30M	-74.00K	1.98M
Operating Cash Flow	4.14M	4.38M	5.32M	2.54M	4.29M
Investing Cash Flow	-5.51M	-5.36M	-4.02M	-2.61M	-2.31M
Financing Cash Flow	769.00K	376.00K	-1.98M	-1.51M	1.07M

1Spatial Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 49.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SPA, the sentiment is Negative. The current price of 49.5 is below the 20-day moving average (MA) of 50.84, above the 50-day MA of 48.94, and below the 200-day MA of 52.31, indicating a neutral trend. The MACD of 0.11 indicates Positive momentum. The RSI at 45.49 is Neutral, neither overbought nor oversold. The STOCH value of 58.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:SPA.

1Spatial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRB	70 Outperform	£137.12M	16.98	15.34%	1.82%	3.48%	318.89%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SPA	60 Neutral	£55.86M	1,666.67	0.15%	―	5.35%	-97.78%
OMG	60 Neutral	£48.40M	-28.00	-0.90%	7.56%	-18.13%	-151.19%
CLBS	58 Neutral	£56.06M	11.22	16.09%	2.23%	-7.07%	24.73%
IGP	58 Neutral	£87.63M	21.14	26.84%	―	-11.27%	-32.98%
RM	46 Neutral	£109.52M	-73.86	-3.40%	―	-14.23%	97.27%

1Spatial Corporate Events

1Spatial Increases Share Capital Following Employee Option Exercise

1Spatial plc has announced the issuance of 32,500 ordinary shares following the exercise of employee share options, increasing its total issued share capital to 111,736,152 ordinary shares. With 15,399 shares held in treasury, the total number of shares carrying voting rights is now 111,720,753. This update is significant for shareholders as it affects the calculations for notifying changes in their interest in the company under the Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £52.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.

1Spatial Reports Strong Revenue Growth and Strategic Contract Wins in H1 2025

1Spatial reported a 9% increase in revenue to £17.7 million for the first half of 2025, driven by a 20% rise in recurring revenue and a significant boost in SaaS and Term Licences revenues. The company secured key multi-year contracts, including a US$1.7 million deal with the California Department of Transportation and a £1 million contract with UK Power Networks. Despite a slight decrease in EBITDA margin, the company’s robust order book and strategic expansions in the UK and US provide confidence in meeting full-year expectations. The focus remains on accelerating SaaS adoption and expanding in the US market.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £48.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.

1Spatial Expands Share Capital Following Employee Option Exercises

1Spatial plc announced the issuance of 292,073 ordinary shares following the exercise of employee share options, increasing its total issued share capital to 111,703,652 shares. This change affects the voting rights within the company, with 111,688,253 shares now carrying voting rights, a key figure for shareholders monitoring their interests under regulatory guidelines.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £48.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.

1Spatial Secures £1 Million Contract with UK Power Networks

1Spatial has signed a £1 million SaaS contract with UK Power Networks to implement its 1Streetworks platform over the next 15 months, with an option for a one-year extension. This contract aims to automate and enhance the efficiency of traffic management plans, potentially reducing road closures by 39% and improving customer service metrics. The agreement signifies a major milestone for 1Spatial, showcasing the value of its solutions and potentially setting a precedent for similar implementations across other utility sectors.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £48.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.

1Spatial to Announce Interim Results and Host Presentations

1Spatial has announced that it will release its interim results for the six months ended 31 July 2025 on 13 October 2025. The company will host an in-person analyst presentation and a virtual investor presentation to discuss these results, reflecting its commitment to transparency and engagement with stakeholders.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £48.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.

1Spatial Secures Major US Enterprise Agreement with Caltrans

1Spatial has signed a US$1.7 million annually renewing Enterprise Agreement with the California Department of Transportation (Caltrans), consolidating multiple software licenses into a single agreement. This partnership, which has grown over six years, highlights the strategic importance of 1Spatial’s technology in data governance for Caltrans, with potential replication across other U.S. Departments of Transportation.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £48.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.

1Spatial Secures Major US Enterprise Contract with Caltrans

1Spatial has signed a US$1.7 million annually renewing Enterprise Agreement with the California Department of Transportation (Caltrans), consolidating multiple software licenses into a single agreement. This move simplifies procurement and deployment, reflecting the growing strategic importance of 1Spatial’s technology in supporting Caltrans’ data governance initiatives. The agreement, which includes a 50% increase in license revenue, is expected to enhance 1Spatial’s industry positioning and offers expansion opportunities with other Departments of Transport in the US.

The most recent analyst rating on (GB:SPA) stock is a Hold with a £48.00 price target. To see the full list of analyst forecasts on 1Spatial stock, see the GB:SPA Stock Forecast page.