12 March 2024

1Spatial plc

("1Spatial", the "Group" or the "Company")

1Streetworks Investor Seminar

1Spatial, a global leader in Location Master Data Management ("LMDM") software and solutions, is pleased to provide further details on its 1Streetworks investor seminar taking place later today. 

1Spatial is hosting a virtual insight session and Q&A for investors and sell-side analysts at 3pm today. The event will cover the 1Streetworks solution, how it can revolutionise complex street works planning, and the significant potential addressable market opportunity of £400m. 

1Spatial's ambition is to secure up to 10% of this market on a 5-year time horizon. Should that ambition be successful, it would translate to approximately £40m of Annual Recurring Revenue, with an associated EBITDA margin of other comparable SaaS businesses.

1Spatial has invested £5m to date in 1Streetworks and the cloud platform to bring the solution to commercialisation, and from here would expect moderate maintenance capex of around £0.5m per annum, allowing 1Streetworks the potential to provide significant cash flows for the Group. 

If you wish to attend, please register by emailing [email protected].

For those unable to attend on the day, a recording of the webinar will be made available on 1Spatial's website shortly after the event at https://1spatial.com/investors/reports-and-presentations/.

For further information, please contact:

1Spatial plc's LEI Number is: 213800VG7OZYQES6PN67

About 1Spatial plc

1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software and solutions, primarily to the Government, Utilities and Transport sectors. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments.

Today - as location data from smartphones, the Internet of Things and great lakes of commercial Big Data increasingly drive commercial decision-making - our technology drives efficiency and provides organisations with confidence in the data they use.

We unlock the value of location data by bringing together our people, innovative solutions, industry knowledge and our extensive customer base.  We are striving to make the world more sustainable, safer and smarter for the future. We believe the answers to achieving these goals are held in data. Our 1Spatial Location Master Data Management (LMDM) platform incorporating our 1Integrate rules engine delivers powerful data solutions and focused business applications on-premise, on-mobile and in the cloud. This ensures data is current, complete, and consistent through the use of automated processes and always based on the highest quality information available.

1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in the UK, Ireland, USA, France, Belgium, Tunisia and Australia.

For more information visit www.1spatial.com