Editing 1Spatial Plc: 2022 AGM Statement

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'''6 April 2022'''

1Spatial, (AIM: SPA), a global leader in Location Master Data Management (LMDM) software and solutions , will hold its Annual General Meeting at 11.00 am today. At the meeting, Andrew Roberts, Non-Executive Chairman, will make the following statement:

"1Spatial continues to make good progress against its growth strategy, winning new customers and delivering on its expanding opportunity. Following a strong period of trading in the final quarter of the prior year, we entered the new year with increased levels of committed revenue and a strengthened financial position. In line with expectations, order levels for new sales in the current year are higher than in the comparable period as the Group continues to focus on growing recurring licence revenue and securing higher levels of committed revenue.

"The growing need for better quality, shareable location data to support infrastructure investment, new environmental initiatives and innovative digital services is driving increased demand for the Group's 1Integrate, 1Data Gateway and Esri arcOpole Pro offerings across each of its three target sectors: Government, Utilities and Transport. New customers secured in recent months include two further US States for next generation 911 solutions, a new department of Tours Metropole in France and extensions with the US Federal Highways Administration and Ordnance Survey Great Britain.

"The Group has a strong and growing sales pipeline in all regions, both direct and through our valued partners, underpinning the Board's confidence in a successful outcome to the year and exciting future ahead."

[[Category:1Spatial Plc]]
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