1Spatial (SPA) AI Stock Analysis

• Market Cap: £52.87M
• Dividend Yield: N/A
• Average Volume (3M): 580.66K
• Price to Earnings (P/E): 316.7
• Beta (1Y): 0.24
• Revenue Growth: 4.80%
• EPS Growth: 350.00%
• Country: UK
• Employees: 330
• Sector: Technology
• Sector Strength: 82
• Industry: Software - Application
• EPS (TTM): <0.01
• Shares Outstanding: 111,302,430
• 10 Day Avg. Volume: 82,429
• 30 Day Avg. Volume: 580,657
• PEG Ratio: 1.51
• Price to Book (P/B): 3.18
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.70
• 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: 100.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: ―

1Spatial's strong financial performance, marked by solid revenue growth and cash flow management, is a key strength. However, the technical analysis indicates bearish momentum, and the high P/E ratio suggests the stock may be overvalued. These factors contribute to a moderate overall stock score.

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 makes money primarily through the sale of its software licenses, subscription services, and professional services. The company's revenue model includes a mix of one-time license fees for its software products and recurring subscription fees for its cloud-based solutions. Additionally, 1Spatial generates revenue through consulting services, which help clients implement and customize their geospatial data systems. Key revenue streams also include maintenance and support contracts, which provide ongoing assistance and updates to customers. Significant partnerships with technology companies and government agencies further bolster 1Spatial's earnings by expanding its market reach and enhancing its service offerings.

1Spatial Financial Statement Overview

Summary

1Spatial shows a strong financial performance with consistent revenue and profit growth, alongside effective cash flow management. While the balance sheet is stable, focusing on asset growth and utilization could enhance overall financial health.

Income Statement

1Spatial has demonstrated strong revenue growth with a 7.71% increase from the previous year, sustained by consistent improvements in profitability. Gross profit margin stands at 55.47%, and the net profit margin is at a healthy 3.65%, reflecting effective cost management and operational efficiency. EBIT and EBITDA margins also show positive trends at 4.37% and 7.50%, respectively, indicating a solid operating performance.

Balance Sheet

The balance sheet displays a moderate debt-to-equity ratio of 0.25, highlighting a balanced approach to leveraging. The equity ratio of 47.49% indicates substantial stakeholder investment in assets, and a ROE of 6.44% shows a reasonable return for shareholders. However, the slight decrease in total assets suggests a need for enhanced asset utilization.

Cash Flow

The cash flow statement is robust with a free cash flow growth rate of over 230%, suggesting strong cash generation capabilities. The operating cash flow to net income ratio is 3.72, indicating healthy cash flow relative to profitability. The free cash flow to net income ratio is 3.66, further underscoring effective cash management.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
33.02M	32.31M	30.00M	27.03M	24.60M	23.39M
	Gross Profit
16.82M	17.93M	12.14M	10.51M	9.04M	9.17M
	EBIT
1.80M	1.41M	1.14M	612.00K	-938.00K	-238.00K
	EBITDA
4.54M	2.42M	4.62M	3.86M	2.90M	1.54M
	Net Income Common Stockholders
1.50M	1.18M	1.06M	383.00K	-1.13M	-1.49M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
6.36M	4.26M	5.04M	5.62M	7.28M	5.11M
	Total Assets
21.96M	38.55M	39.62M	35.12M	37.18M	35.27M
	Total Debt
0.00	4.58M	3.67M	4.12M	5.68M	4.52M
	Net Debt
-6.36M	325.00K	-1.37M	-1.51M	-1.60M	-590.00K
	Total Liabilities
8.77M	20.25M	22.27M	19.61M	22.45M	19.82M
	Stockholders Equity
13.19M	18.31M	17.83M	15.99M	15.21M	15.93M
Cash Flow		Free Cash Flow
4.34M	4.32M	1.30M	-74.00K	1.98M	-1.58M
	Operating Cash Flow
4.51M	4.38M	5.32M	2.54M	4.29M	741.00K
	Investing Cash Flow
-4.99M	-5.36M	-4.02M	-2.61M	-2.31M	-4.47M
	Financing Cash Flow
488.00K	376.00K	-1.98M	-1.51M	1.07M	2.55M

1Spatial Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 47.50
• 50DMA: Negative
• 100DMA: Negative
• 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 47.5 is below the 20-day moving average (MA) of 50.69, below the 50-day MA of 50.18, and below the 200-day MA of 61.74, indicating a bearish trend. The MACD of -0.69 indicates Positive momentum. The RSI at 35.66 is Neutral, neither overbought nor oversold. The STOCH value of 21.77 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
IGP	78 Outperform	£100.25M	16.29	51.83%	―	64.99%	270.77%
TRB	71 Outperform	£89.47M	16.26	10.98%	1.63%	4.97%	3.63%
OMG	66 Neutral	£71.52M	100.34	3.66%	5.59%	-6.29%	-86.64%
CLBS	65 Neutral	£63.59M	16.05	14.55%	2.07%	26.05%	7.09%
Sector *	62 Neutral	$11.90B	10.64	-7.50%	2.90%	7.41%	-8.19%
SPA	60 Neutral	£52.87M	316.67	0.88%	―	4.80%	350.00%
RM	47 Neutral	£90.98M	―	-22.14%	―	-14.88%	88.86%