Editing 1Spatial Plc: 2022 AGM Statement

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'''6 April 2022'''
'''6 April 2022'''


1Spatial, (AIM: SPA) 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, (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.
"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.
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