Income Statement 1SPATIAL

Stocks

SPA

GB00BFZ45C84

IT Services & Consulting

Market Closed - London S.E. 02:30:00 2026-04-29 EDT			5-day change	1st Jan Change
72.80 ^GBX	-.--%		+0.41%	+7.85%

07-21	1Spatial plc Announces Termination of Claire Milverton from Director Appointment, Effective June 22, 2026	CI
04-29	VertiGIS' Takeover of 1Spatial Becomes Effective	MT

212bba3de8e2.qzjvYF1XYIJTMy5rPEd3WpdPcL46iNR49yCqfkTP7X0.6E-aAwIyLLIpVnEkCy0uMOIYIO930KALjWXPFHGJmC_6YahRFRg48wtfWQ

Published financial data: 1SPATIAL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Revenues	24.6M	27.03M	30M	32.32M	33.38M
Total Revenues	24.6M	27.03M	30M	32.32M	33.38M
Cost of Goods Sold, Total	11.45M	13.08M	14.5M	14.39M	14.84M
Gross Profit	13.15M	13.95M	15.5M	17.93M	18.54M
Selling General & Admin Expenses, Total	11.48M	11.09M	11.76M	13.24M	13.72M
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	202K	198K	253K	180K	149K
Amortization of Goodwill and Intangible Assets - (IS)	2.81M	2.25M	2.05M	2.44M	3.3M
Other Operating Expenses, Total	14.49M	13.54M	14.06M	15.86M	17.17M
Operating Income	-1.34M	409K	1.43M	2.06M	1.37M
Interest Expense, Total	-162K	-161K	-161K	-301K	-572K
Interest And Investment Income	39K	14K	19K	52K	22K
Net Interest Expenses	-123K	-147K	-142K	-249K	-550K
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-1K	-	-	-	-
Other Non Operating Income (Expenses)	-56K	-42K	-53K	-64K	-64K
EBT, Excl. Unusual Items	-1.52M	220K	1.24M	1.75M	753K
Restructuring Charges	-	-	-194K	-693K	-536K
Merger & Related Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	88K	-	-	-	-
EBT, Incl. Unusual Items	-1.43M	220K	1.04M	1.06M	217K
Income Tax Expense	-308K	43K	-14K	-123K	50K
Earnings From Continuing Operations	-1.12M	177K	1.06M	1.18M	167K
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	-1.12M	177K	1.06M	1.18M	167K
Minority Interest	-	-	-	-	-
Net Income - (IS)	-1.12M	177K	1.06M	1.18M	167K
Net Income to Common Incl Extra Items	-1.12M	177K	1.06M	1.18M	167K
Net Income to Common Excl. Extra Items	-1.12M	177K	1.06M	1.18M	167K
Per Share Items
Net EPS - Basic	-0.01	0	0.01	0.01	0
Basic EPS - Continuing Operations	-0.01	0	0.01	0.01	0
Basic Weighted Average Shares Outstanding	112M	111M	111M	111M	111M
Net EPS - Diluted	-0.01	0	0.01	0.01	0
Diluted EPS - Continuing Operations	-0.01	0	0.01	0.01	0
Diluted Weighted Average Shares Outstanding	112M	115M	114M	113M	115M
Normalized Basic EPS	-0.01	0	0.01	0.01	0
Normalized Diluted EPS	-0.01	0	0.01	0.01	0
Supplemental Items
EBITDA	-667K	808K	1.86M	2.42M	1.98M
EBITA	-869K	610K	1.61M	2.24M	1.83M
EBIT	-1.34M	409K	1.43M	2.06M	1.37M
EBITDAR	-606K	851K	1.96M	2.61M	2.08M
Effective Tax Rate - (Ratio)	21.49	19.55	-1.34	-11.64	23.04
Current Foreign Taxes	-	-	-	-	146K
Total Current Taxes	-382K	-151K	7K	85K	146K
Total Deferred Taxes	74K	194K	-21K	-208K	-96K
Normalized Net Income	-951K	138K	774K	1.09M	471K
Interest on Long-Term Debt	162K	161K	161K	301K	572K
Non-Cash Pension Expense	7K	6K	15K	42K	41K
Supplemental Operating Expense Items
General and Administrative Expenses	11.48M	11.12M	11.68M	13.14M	13.61M
Research And Development Expense From Footnotes	4.05M	2.74M	2.46M	3M	3.64M
Net Rental Expense, Total	61K	43K	99K	185K	97K
Imputed Operating Lease Interest Expense	15.5K	11.31K	32.77K	108K	84.07K
Imputed Operating Lease Depreciation	45.5K	31.69K	66.23K	77.03K	12.93K
Stock-Based Comp., Other (Total)	272K	326K	192K	-33K	11K
Total Stock-Based Compensation	272K	326K	192K	-33K	11K

Fiscal Period: January	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Assets
Cash And Equivalents	7.28M	5.62M	5.04M	4.26M	3.63M
Total Cash And Short Term Investments	7.28M	5.62M	5.04M	4.26M	3.63M
Accounts Receivable, Total	5.53M	4.87M	4.96M	4.4M	4.69M
Other Receivables	1.66M	1.54M	2.08M	1.34M	1.2M
Total Receivables	7.19M	6.41M	7.04M	5.74M	5.9M
Prepaid Expenses	3.87M	5.99M	7.14M	7.03M	8.49M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	18.33M	18.02M	19.22M	17.03M	18.01M
Gross Property Plant And Equipment	4.2M	3.21M	3.27M	2.94M	2.91M
Accumulated Depreciation	-1.11M	-1.12M	-1.36M	-1.44M	-1.46M
Net Property Plant And Equipment	3.09M	2.1M	1.91M	1.5M	1.46M
Long-term Investments	-	-	-	-	-
Goodwill	5.9M	5.86M	6.16M	6.04M	6.07M
Other Intangibles, Total	3.46M	2.74M	2.5M	2.03M	1.63M
Deferred Charges Long-Term	5.83M	6.4M	8.75M	11.88M	13.82M
Other Long-Term Assets, Total	-	-	-	75K	460K
Total Assets	36.6M	35.12M	38.54M	38.55M	41.44M
Liabilities
Accounts Payable, Total	1.74M	2.23M	2.86M	2.79M	4.63M
Accrued Expenses, Total	1.46M	1.99M	1.23M	3.98M	4.18M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	470K	531K	660K	647K	369K
Current Portion of Leases	925K	748K	608K	584K	422K
Current Income Taxes Payable	3.5M	2.92M	3.65M	99K	171K
Unearned Revenue Current, Total	5.87M	5.61M	7.55M	6.87M	5.94M
Other Current Liabilities	852K	874K	534K	364K	527K
Total Current Liabilities	14.81M	14.9M	17.09M	15.33M	16.23M
Long-Term Debt	2.54M	1.86M	1.32M	2.53M	4.27M
Long-Term Leases	1.74M	976K	1.08M	820K	911K
Pension & Other Post Retirement Benefits	1.61M	1.28M	1.15M	1.22M	1.23M
Deferred Tax Liability Non Current	776K	970K	544K	337K	241K
Other Non Current Liabilities	390K	27K	-	-	75K
Total Liabilities	21.87M	20.01M	21.19M	20.25M	22.96M
Common Stock, Total	20.15M	20.15M	20.16M	20.16M	20.19M
Additional Paid In Capital	30.48M	30.48M	30.49M	30.51M	30.6M
Retained Earnings	-43.93M	-43.64M	-42.18M	-41.14M	-40.98M
Treasury Stock	-303K	-303K	-139K	-14K	-14K
Comprehensive Income and Other	8.34M	8.42M	9.03M	8.8M	8.68M
Total Common Equity	14.74M	15.1M	17.35M	18.31M	18.48M
Minority Interest	-	-	-	-	-
Total Equity	14.74M	15.1M	17.35M	18.31M	18.48M
Total Liabilities And Equity	36.6M	35.12M	38.54M	38.55M	41.44M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	110M	110M	111M	111M	111M
ECS Total Common Shares Outstanding	110M	110M	111M	111M	111M
Book Value / Share	0.13	0.14	0.16	0.17	0.17
Tangible Book Value	5.38M	6.5M	8.69M	10.23M	10.78M
Tangible Book Value Per Share	0.05	0.06	0.08	0.09	0.1
Total Debt	5.68M	4.12M	3.67M	4.58M	5.98M
Net Debt	-1.6M	-1.51M	-1.37M	325K	2.35M
Debt Equivalent Oper. Leases	488K	344K	792K	1.48M	776K
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	1.1M	1.14M	1.32M	1.36M	1.48M
Full Time Employees	286	311	347	330	349
Accumulated Allowance for Doubtful Accounts (Supple)	80K	25K	29K	19K	16K
Order Backlog	-	12.5M	-	-	-

Fiscal Period: January	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Net Income	-1.12M	177K	1.06M	1.18M	167K
Depreciation & Amortization - CF	1.31M	1.19M	1.31M	967K	892K
Amortization of Goodwill and Intangible Assets - (CF)	472K	201K	177K	180K	462K
Depreciation & Amortization, Total	1.78M	1.39M	1.49M	1.15M	1.35M
Amortization of Deferred Charges, Total - (CF)	2.33M	2.05M	1.87M	2.26M	2.84M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	272K	326K	192K	-33K	11K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	150K	281K	165K	-58K	-93K
Change In Accounts Receivable	-655K	-1.78M	-1.43M	1.2M	-1.66M
Change In Accounts Payable	1.45M	206K	1.96M	-1.31M	1.54M
Change in Other Net Operating Assets	86K	-108K	12K	6K	-16K
Cash from Operations	4.29M	2.54M	5.32M	4.38M	4.14M
Capital Expenditure	-192K	-164K	-163K	-67K	-216K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-2.12M	-2.45M	-3.85M	-5.3M	-4.84M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-460K
Cash from Investing	-2.31M	-2.61M	-4.02M	-5.36M	-5.52M
Long-Term Debt Issued, Total	1.8M	-	500K	1.9M	2.12M
Total Debt Issued	1.8M	-	500K	1.9M	2.12M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-1.22M	-1.51M	-2.14M	-1.54M	-1.48M
Total Debt Repaid	-1.22M	-1.51M	-2.14M	-1.54M	-1.48M
Issuance of Common Stock	-	-	14K	19K	125K
Other Financing Activities, Total	-585K	-	-352K	-	-
Cash from Financing	0	-1.51M	-1.98M	376K	769K
Foreign Exchange Rate Adjustments	194K	-70K	89K	-174K	-31K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	2.17M	-1.66M	-587K	-776K	-633K
Supplemental Items
Cash Interest Paid	218K	146K	229K	407K	677K
Cash Income Tax Paid (Refund)	-484K	-176K	-179K	-140K	218K
Levered Free Cash Flow	1.62M	174K	737K	-1.19M	-626K
Unlevered Free Cash Flow	1.72M	275K	838K	-1M	-269K
Change In Net Working Capital	-489K	1.14M	-410K	306K	276K
Net Debt Issued / Repaid	585K	-1.51M	-1.64M	357K	644K

Fiscal Period: January	2021 (GBP)	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)
Profitability
Return on Assets	-2.36	0.71	2.43	3.34	2.14
Return on Total Capital	-4.15	1.29	4.41	5.87	3.61
Return On Equity %	-7.45	1.19	6.44	6.62	0.91
Return on Common Equity	-7.45	1.19	6.44	6.62	0.91
Margin Analysis
Gross Profit Margin %	53.45	51.61	51.66	55.47	55.54
SG&A Margin	46.67	41.03	39.21	40.98	41.1
EBITDA Margin %	-2.71	2.99	6.21	7.5	5.93
EBITA Margin %	-3.53	2.26	5.37	6.94	5.48
EBIT Margin %	-5.45	1.51	4.78	6.38	4.09
Income From Continuing Operations Margin %	-4.57	0.65	3.53	3.65	0.5
Net Income Margin %	-4.57	0.65	3.53	3.65	0.5
Net Avail. For Common Margin %	-4.57	0.65	3.53	3.65	0.5
Normalized Net Income Margin	-3.86	0.51	2.58	3.38	1.41
Levered Free Cash Flow Margin	6.6	0.64	2.46	-3.69	-1.88
Unlevered Free Cash Flow Margin	7.01	1.02	2.79	-3.11	-0.8
Asset Turnover
Asset Turnover	0.69	0.75	0.81	0.84	0.83
Fixed Assets Turnover	7.31	10.43	14.97	18.96	22.6
Receivables Turnover (Average Receivables)	4.7	5.2	6.1	6.9	7.34
Short Term Liquidity
Current Ratio	1.24	1.21	1.12	1.11	1.11
Quick Ratio	0.98	0.81	0.71	0.65	0.59
Operating Cash Flow to Current Liabilities	0.29	0.17	0.31	0.29	0.26
Days Sales Outstanding (Average Receivables)	77.89	70.21	59.81	52.9	49.86
Average Days Payable Outstanding	61.99	55.3	64.02	71.65	91.43
Long Term Solvency
Total Debt/Equity	38.55	27.25	21.13	25.04	32.33
Total Debt / Total Capital	27.82	21.41	17.45	20.03	24.43
LT Debt/Equity	29.08	18.78	13.83	18.32	28.05
Long-Term Debt / Total Capital	20.99	14.76	11.41	14.65	21.2
Total Liabilities / Total Assets	59.75	56.99	54.98	52.52	55.4
EBIT / Interest Expense	-8.28	2.54	8.9	6.85	2.39
EBITDA / Interest Expense	2.71	11.16	18.13	10.66	4.76
(EBITDA - Capex) / Interest Expense	1.52	10.14	17.12	10.44	4.38
Total Debt / EBITDA	12.94	2.29	1.26	1.43	2.2
Net Debt / EBITDA	-3.64	-0.84	-0.47	0.1	0.86
Total Debt / (EBITDA - Capex)	23	2.52	1.33	1.46	2.39
Net Debt / (EBITDA - Capex)	-6.47	-0.92	-0.5	0.1	0.94
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.2	9.87	11.01	7.71	3.3
Gross Profit, 1 Yr. Growth %	7.23	8.95	11.1	15.67	3.43
EBITDA, 1 Yr. Growth %	-27.97	-187.35	130.57	30.06	-18.37
EBITA, 1 Yr. Growth %	-19.39	-154.13	163.93	39.32	-18.46
EBIT, 1 Yr. Growth %	-13.71	-125.58	250.37	43.96	-33.74
Earnings From Cont. Operations, 1 Yr. Growth %	-24.24	-115.73	176.24	11.53	-85.85
Net Income, 1 Yr. Growth %	-24.24	-115.73	176.24	11.53	-85.85
Normalized Net Income, 1 Yr. Growth %	-12.23	-112.37	462.73	41.36	-56.97
Diluted EPS Before Extra, 1 Yr. Growth %	-28.18	-115.92	200	11.11	-90
Accounts Receivable, 1 Yr. Growth %	11.79	-11.89	1.91	-11.26	6.54
Net Property, Plant and Equip., 1 Yr. Growth %	-15.36	-32.05	-8.87	-21.61	-2.8
Total Assets, 1 Yr. Growth %	6.17	-4.06	9.75	0.03	7.49
Tangible Book Value, 1 Yr. Growth %	-1.36	20.91	25.82	17.72	5.39
Common Equity, 1 Yr. Growth %	-4.66	2.51	11.87	5.51	0.95
Cash From Operations, 1 Yr. Growth %	478.68	-40.79	109.57	-17.61	-5.47
Capital Expenditures, 1 Yr. Growth %	45.45	-14.58	-0.61	-58.9	222.39
Levered Free Cash Flow, 1 Yr. Growth %	-300.73	-88.1	323.56	-261.84	-47.51
Unlevered Free Cash Flow, 1 Yr. Growth %	-343.54	-82.44	205.01	-219.94	-73.26
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	18.14	7.51	10.44	9.35	5.48
Gross Profit, 2 Yr. CAGR %	19.71	6.66	10.02	13.36	9.38
EBITDA, 2 Yr. CAGR %	-28.15	-6.59	41.92	73.17	3.04
EBITA, 2 Yr. CAGR %	-22.13	-24.78	19.52	91.76	6.58
EBIT, 2 Yr. CAGR %	-9.49	-48.7	-5.33	124.59	-2.33
Earnings From Cont. Operations, 2 Yr. CAGR %	-11.3	-65.48	-3.02	75.53	-60.27
Net Income, 2 Yr. CAGR %	-18.65	-65.48	-3.02	75.53	-60.27
Normalized Net Income, 2 Yr. CAGR %	-8.56	-64.37	-16.58	182.04	-22.01
Diluted EPS Before Extra, 2 Yr. CAGR %	-22.04	-66.18	-5.39	82.57	-66.67
Accounts Receivable, 2 Yr. CAGR %	47.74	-0.75	-5.24	-4.9	-2.77
Net Property, Plant and Equip., 2 Yr. CAGR %	229.06	-24.16	-21.31	-15.48	-12.71
Total Assets, 2 Yr. CAGR %	29.11	0.93	2.61	4.78	3.69
Tangible Book Value, 2 Yr. CAGR %	-16.83	9.21	27.13	21.7	11.38
Common Equity, 2 Yr. CAGR %	5.69	-1.14	8.51	8.64	3.2
Cash From Operations, 2 Yr. CAGR %	188.83	85.11	11.4	31.4	-11.75
Capital Expenditures, 2 Yr. CAGR %	42.92	11.46	-7.86	-36.08	15.12
Levered Free Cash Flow, 2 Yr. CAGR %	29.11	-53.62	-29.01	161.82	-7.83
Unlevered Free Cash Flow, 2 Yr. CAGR %	34.95	-37.73	-26.81	91.26	-43.37
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	13.25	15.32	8.66	9.52	7.29
Gross Profit, 3 Yr. CAGR %	13.71	14.99	8.12	11.87	9.95
EBITDA, 3 Yr. CAGR %	-23.59	-14.48	26.24	37.85	34.77
EBITA, 3 Yr. CAGR %	-20.45	-24.78	14.31	25.79	44.2
EBIT, 3 Yr. CAGR %	-11.41	-37.02	-2.67	8.86	49.51
Earnings From Cont. Operations, 3 Yr. CAGR %	-2.21	-50.16	-10.69	1.6	-24.17
Net Income, 3 Yr. CAGR %	-22.94	-52.96	-10.69	1.6	-24.17
Normalized Net Income, 3 Yr. CAGR %	-9.78	-50.55	-10.61	-0.55	50.7
Diluted EPS Before Extra, 3 Yr. CAGR %	-14.08	-54.09	-13.69	-0.18	-30.66
Accounts Receivable, 3 Yr. CAGR %	32.54	24.36	0.13	-7.29	-1.23
Net Property, Plant and Equip., 3 Yr. CAGR %	110.05	94.5	-19.37	-21.41	-11.45
Total Assets, 3 Yr. CAGR %	24.53	16.94	3.78	1.74	5.67
Tangible Book Value, 3 Yr. CAGR %	70.04	-5.78	16.82	23.91	16
Common Equity, 3 Yr. CAGR %	29.47	4.62	3.93	7.5	6.02
Cash From Operations, 3 Yr. CAGR %	72.94	70.31	92.93	0.74	17.74
Capital Expenditures, 3 Yr. CAGR %	25.99	20.38	7.28	-29.6	9.62
Levered Free Cash Flow, 3 Yr. CAGR %	20.82	-43.68	-3.05	-6.57	53.24
Unlevered Free Cash Flow, 3 Yr. CAGR %	24.42	-33.81	5.75	-13.71	-0.73
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.14	12.3	12.11	12.89	7.38
Gross Profit, 5 Yr. CAGR %	4.43	11.04	11.62	14.33	8.62
EBITDA, 5 Yr. CAGR %	-9.49	-26.14	4.5	13.4	16.39
EBITA, 5 Yr. CAGR %	3.38	-31.83	-1.38	9.37	11.15
EBIT, 5 Yr. CAGR %	26.14	-42.05	-5.77	4.73	-2.53
Earnings From Cont. Operations, 5 Yr. CAGR %	12.73	-58.77	-2.54	-3.77	-35.41
Net Income, 5 Yr. CAGR %	147.97	-60.51	-15.51	-7.04	-35.41
Normalized Net Income, 5 Yr. CAGR %	11.87	-49.55	-9.78	-0.77	-15.36
Diluted EPS Before Extra, 5 Yr. CAGR %	2.24	-62.13	-10.71	-9.58	-41.01
Accounts Receivable, 5 Yr. CAGR %	-1.71	-0.23	15.89	11.71	-1.04
Net Property, Plant and Equip., 5 Yr. CAGR %	13.51	14.68	41.83	39.36	-16.77
Total Assets, 5 Yr. CAGR %	-0.91	8.1	15.25	11.91	3.75
Tangible Book Value, 5 Yr. CAGR %	-15.97	31.64	51.37	5.65	14.61
Common Equity, 5 Yr. CAGR %	-10.51	11.01	20.64	6.78	3.64
Cash From Operations, 5 Yr. CAGR %	43.82	25.92	45.04	53.53	41.1
Capital Expenditures, 5 Yr. CAGR %	-25.58	-22.16	11.17	-6.55	10.35
Levered Free Cash Flow, 5 Yr. CAGR %	-9.45	-1.92	-4.35	4.14	-4.99
Unlevered Free Cash Flow, 5 Yr. CAGR %	-8.22	6.36	-1.33	1.19	-17.63