Company Valuation: 1SPATIAL

Data adjusted to current consolidation scope
Fiscal Period: January 2020 2021 2022 2023 2024 2025
Market Cap 1 29.83 30.94 50.27 55.91 58.47 76.24
Change - 3.7% 62.5% 11.22% 4.58% 30.39%
Enterprise Value (EV) 1 29.24 29.34 48.76 54.54 58.8 78.59
Change - 0.33% 66.21% 11.85% 7.8% 33.67%
P/E Ratio -19.7x -27.8x 284x 56.1x 52.8x 685x
PBR 1.93x 2.1x 3.33x 3.22x 3.19x 4.13x
PEG - 1x -2x 0x 4.8x -7.6x
Capitalization / Revenue 1.28x 1.26x 1.86x 1.86x 1.81x 2.28x
EV / Revenue 1.25x 1.19x 1.8x 1.82x 1.82x 2.35x
EV / EBITDA -31.6x -44x 60.4x 29.3x 24.3x 39.7x
EV / EBIT -18.8x -21.9x 119x 38.1x 28.5x 57.5x
EV / FCF -36.2x 18.1x 280x 74x -49.3x -126x
FCF Yield -2.77% 5.53% 0.36% 1.35% -2.03% -0.8%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0137 -0.0101 0.001601 0.009 0.01 0.001
Distribution rate - - - - - -
Net sales 1 23.38 24.6 27.03 30 32.32 33.38
EBITDA 1 -0.926 -0.667 0.808 1.863 2.423 1.978
EBIT 1 -1.554 -1.341 0.409 1.433 2.063 1.367
Net income 1 -1.485 -1.125 0.177 1.058 1.18 0.167
Net Debt 1 -0.59 -1.598 -1.507 -1.369 0.325 2.348
Reference price 2 0.2700 0.2800 0.4550 0.5050 0.5275 0.6850
Nbr of stocks (in thousands) 110,486 110,486 110,486 110,712 110,844 111,302
Announcement Date 7/3/20 5/26/21 5/18/22 5/25/23 6/11/24 6/5/25
1GBP in Million2GBP
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 118M
26.78x4.28x14.95x2.46% 258B
12.45x1.32x6.96x3.88% 103B
-84.2x13.27x76.98x-.--% 83.32B
13.71x2.5x9.22x6.08% 80.7B
19.35x5.07x12.53x2.94% 57.88B
14.47x2.12x8.89x5.35% 47.11B
13.35x1.53x10.5x1.21% 36.4B
21.44x1.45x10.35x0.81% 33.06B
15.12x1.91x9.01x5.72% 31.37B
Average 5.83x 3.72x 17.71x 3.16% 73.11B
Weighted average by Cap. 7.88x 4.25x 19.00x 3.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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