1Spatial First Half 2024 Earnings: UK£0.005 loss per share (vs UK£0.002 profit in 1H 2023)

In this article:

1Spatial (LON:SPA) First Half 2024 Results

Key Financial Results

  • Revenue: UK£15.5m (up 11% from 1H 2023).

  • Net loss: UK£515.0k (down by 349% from UK£207.0k profit in 1H 2023).

  • UK£0.005 loss per share (down from UK£0.002 profit in 1H 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

1Spatial Earnings Insights

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the IT industry in the United Kingdom.

Performance of the British IT industry.

The company's shares are up 2.2% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for 1Spatial that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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