Income Statement 1SPATIAL

Stocks

SPA

GB00BFZ45C84

IT Services & Consulting

Market Closed - London S.E. 10:30:00 29/04/2026 +04			5-day change	1st Jan Change
72.80 ^GBX	-.--%		+0.41%	+7.85%

09-17	1Spatial Plc Reports Earnings Results for the Full Year Ended January 31, 2026	CI
07-22	1Spatial plc Announces Termination of Claire Milverton from Director Appointment, Effective June 22, 2026	CI

529c545c7636dfbbfa175a1f732b12.PRTne8Uog1HKc4VLQLMzoPkFOCdDZK8dbTalCt6-nC4.fiWVHI0a0SawRtopbd9Cy7xRVnB7B8BWAlXQYbjd0n1NQ5ZNgB7LJLwr9g

Published financial data: 1SPATIAL

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: January	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)	2026 (GBP)
Revenues	27.03M	30M	32.32M	33.38M	34.3M
Total Revenues	27.03M	30M	32.32M	33.38M	34.3M
Cost of Goods Sold, Total	13.08M	14.5M	14.39M	14.84M	17.25M
Gross Profit	13.95M	15.5M	17.93M	18.54M	17.04M
Selling General & Admin Expenses, Total	11.09M	11.76M	13.24M	13.72M	20.95M
Provision for Bad Debts	-	-	-	-	-
Depreciation & Amortization - (IS)	198K	253K	180K	149K	-
Amortization of Goodwill and Intangible Assets - (IS)	2.25M	2.05M	2.44M	3.3M	-
Other Operating Expenses, Total	13.54M	14.06M	15.86M	17.17M	20.95M
Operating Income	409K	1.43M	2.06M	1.37M	-3.91M
Interest Expense, Total	-161K	-161K	-301K	-572K	-850K
Interest And Investment Income	14K	19K	52K	22K	-
Net Interest Expenses	-147K	-142K	-249K	-550K	-850K
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-42K	-53K	-64K	-64K	13K
EBT, Excl. Unusual Items	220K	1.24M	1.75M	753K	-4.75M
Restructuring Charges	-	-194K	-693K	-536K	-
Merger & Related Restructuring Charges	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	220K	1.04M	1.06M	217K	-4.75M
Income Tax Expense	43K	-14K	-123K	50K	788K
Earnings From Continuing Operations	177K	1.06M	1.18M	167K	-5.53M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	177K	1.06M	1.18M	167K	-5.53M
Minority Interest	-	-	-	-	-
Net Income - (IS)	177K	1.06M	1.18M	167K	-5.53M
Net Income to Common Incl Extra Items	177K	1.06M	1.18M	167K	-5.53M
Net Income to Common Excl. Extra Items	177K	1.06M	1.18M	167K	-5.53M
Per Share Items
Net EPS - Basic	0	0.01	0.01	0	-
Basic EPS - Continuing Operations	0	0.01	0.01	0	-
Basic Weighted Average Shares Outstanding	111M	111M	111M	111M	-
Net EPS - Diluted	0	0.01	0.01	0	-
Diluted EPS - Continuing Operations	0	0.01	0.01	0	-
Diluted Weighted Average Shares Outstanding	115M	114M	113M	115M	-
Normalized Basic EPS	0	0.01	0.01	0	-
Normalized Diluted EPS	0	0.01	0.01	0	-
Supplemental Items
EBITDA	808K	1.86M	2.42M	1.98M	1.08M
EBITA	610K	1.61M	2.24M	1.83M	355K
EBIT	409K	1.43M	2.06M	1.37M	-3.91M
EBITDAR	851K	1.96M	2.61M	2.08M	-
Effective Tax Rate - (Ratio)	19.55	-1.34	-11.64	23.04	-16.6
Current Foreign Taxes	-	-	-	146K	-
Total Current Taxes	-151K	7K	85K	146K	-
Total Deferred Taxes	194K	-21K	-208K	-96K	-
Normalized Net Income	138K	774K	1.09M	471K	-2.97M
Interest on Long-Term Debt	161K	161K	301K	572K	-
Non-Cash Pension Expense	6K	15K	42K	41K	-
Supplemental Operating Expense Items
General and Administrative Expenses	11.12M	11.68M	13.14M	13.61M	20.95M
Research And Development Expense From Footnotes	2.74M	2.46M	3M	3.64M	-
Net Rental Expense, Total	43K	99K	185K	97K	-
Imputed Operating Lease Interest Expense	11.31K	32.77K	108K	84.07K	-
Imputed Operating Lease Depreciation	31.69K	66.23K	77.03K	12.93K	-
Stock-Based Comp., Other (Total)	326K	192K	-33K	11K	-
Total Stock-Based Compensation	326K	192K	-33K	11K	-

Fiscal Period: January	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)	2026 (GBP)
Assets
Cash And Equivalents	5.62M	5.04M	4.26M	3.63M	3.94M
Total Cash And Short Term Investments	5.62M	5.04M	4.26M	3.63M	3.94M
Accounts Receivable, Total	4.87M	4.96M	4.4M	4.69M	16.77M
Other Receivables	1.54M	2.08M	1.34M	1.2M	-
Total Receivables	6.41M	7.04M	5.74M	5.9M	16.77M
Prepaid Expenses	5.99M	7.14M	7.03M	8.49M	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	18.02M	19.22M	17.03M	18.01M	20.71M
Gross Property Plant And Equipment	3.21M	3.27M	2.94M	2.91M	-
Accumulated Depreciation	-1.12M	-1.36M	-1.44M	-1.46M	-
Net Property Plant And Equipment	2.1M	1.91M	1.5M	1.46M	1.19M
Goodwill	5.86M	6.16M	6.04M	6.07M	-
Other Intangibles, Total	2.74M	2.5M	2.03M	1.63M	21.47M
Deferred Charges Long-Term	6.4M	8.75M	11.88M	13.82M	-
Other Long-Term Assets, Total	-	-	75K	460K	460K
Total Assets	35.12M	38.54M	38.55M	41.44M	43.83M
Liabilities
Accounts Payable, Total	2.23M	2.86M	2.79M	4.63M	20.5M
Accrued Expenses, Total	1.99M	1.23M	3.98M	4.18M	-
Short-term Borrowings	-	-	-	-	5.37M
Current Portion of Long-Term Debt	531K	660K	647K	369K	-
Current Portion of Leases	748K	608K	584K	422K	281K
Current Income Taxes Payable	2.92M	3.65M	99K	171K	158K
Unearned Revenue Current, Total	5.61M	7.55M	6.87M	5.94M	-
Other Current Liabilities	874K	534K	364K	527K	412K
Total Current Liabilities	14.9M	17.09M	15.33M	16.23M	26.72M
Long-Term Debt	1.86M	1.32M	2.53M	4.27M	1.24M
Long-Term Leases	976K	1.08M	820K	911K	756K
Pension & Other Post Retirement Benefits	1.28M	1.15M	1.22M	1.23M	1.22M
Deferred Tax Liability Non Current	970K	544K	337K	241K	801K
Other Non Current Liabilities	27K	-	-	75K	-
Total Liabilities	20.01M	21.19M	20.25M	22.96M	30.74M
Common Stock, Total	20.15M	20.16M	20.16M	20.19M	20.26M
Additional Paid In Capital	30.48M	30.49M	30.51M	30.6M	30.66M
Retained Earnings	-43.64M	-42.18M	-41.14M	-40.98M	-46.57M
Treasury Stock	-303K	-139K	-14K	-14K	-14K
Comprehensive Income and Other	8.42M	9.03M	8.8M	8.68M	8.76M
Total Common Equity	15.1M	17.35M	18.31M	18.48M	13.09M
Minority Interest	-	-	-	-	-
Total Equity	15.1M	17.35M	18.31M	18.48M	13.09M
Total Liabilities And Equity	35.12M	38.54M	38.55M	41.44M	43.83M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	110M	111M	111M	111M	-
ECS Total Common Shares Outstanding	110M	111M	111M	111M	-
Book Value / Share	0.14	0.16	0.17	0.17	-
Tangible Book Value	6.5M	8.69M	10.23M	10.78M	-8.38M
Tangible Book Value Per Share	0.06	0.08	0.09	0.1	-
Total Debt	4.12M	3.67M	4.58M	5.98M	7.65M
Net Debt	-1.51M	-1.37M	325K	2.35M	3.7M
Debt Equivalent Oper. Leases	344K	792K	1.48M	776K	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	-
Machinery, Total	1.14M	1.32M	1.36M	1.48M	-
Full Time Employees	311	347	330	349	-
Accumulated Allowance for Doubtful Accounts (Supple)	25K	29K	19K	16K	-
Order Backlog	12.5M	-	-	-	-

Fiscal Period: January	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)	2026 (GBP)
Net Income	177K	1.06M	1.18M	167K	-5.53M
Depreciation & Amortization - CF	1.19M	1.31M	967K	892K	729K
Amortization of Goodwill and Intangible Assets - (CF)	201K	177K	180K	462K	4.26M
Depreciation & Amortization, Total	1.39M	1.49M	1.15M	1.35M	4.99M
Amortization of Deferred Charges, Total - (CF)	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)	326K	192K	-33K	11K	-4K
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	281K	165K	-58K	-93K	548K
Change In Accounts Receivable	-1.78M	-1.43M	1.2M	-1.66M	-2.21M
Change In Accounts Payable	206K	1.96M	-1.31M	1.54M	5.49M
Change in Other Net Operating Assets	-108K	12K	6K	-16K	-16K
Cash from Operations	2.54M	5.32M	4.38M	4.14M	3.26M
Capital Expenditure	-164K	-163K	-67K	-216K	-95K
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-2.45M	-3.85M	-5.3M	-4.84M	-4.21M
Other Investing Activities, Total	-	-	-	-460K	-
Cash from Investing	-2.61M	-4.02M	-5.36M	-5.52M	-4.3M
Long-Term Debt Issued, Total	-	500K	1.9M	2.12M	2.35M
Total Debt Issued	-	500K	1.9M	2.12M	2.35M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-1.51M	-2.14M	-1.54M	-1.48M	-1.1M
Total Debt Repaid	-1.51M	-2.14M	-1.54M	-1.48M	-1.1M
Issuance of Common Stock	-	14K	19K	125K	84K
Other Financing Activities, Total	-	-352K	-	-	-
Cash from Financing	-1.51M	-1.98M	376K	769K	1.33M
Foreign Exchange Rate Adjustments	-70K	89K	-174K	-31K	23K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-1.66M	-587K	-776K	-633K	318K
Supplemental Items
Cash Interest Paid	146K	229K	407K	677K	-
Cash Income Tax Paid (Refund)	-176K	-179K	-140K	218K	-
Levered Free Cash Flow	174K	737K	-1.19M	-626K	958K
Unlevered Free Cash Flow	275K	838K	-1M	-269K	1.49M
Change In Net Working Capital	1.14M	-410K	306K	276K	-3.24M
Net Debt Issued / Repaid	-1.51M	-1.64M	357K	644K	1.25M

Fiscal Period: January	2022 (GBP)	2023 (GBP)	2024 (GBP)	2025 (GBP)	2026 (GBP)
Profitability
Return on Assets	0.71	2.43	3.34	2.14	-5.73
Return on Total Capital	1.29	4.41	5.87	3.61	-10.81
Return On Equity %	1.19	6.44	6.62	0.91	-35.05
Return on Common Equity	1.19	6.44	6.62	0.91	-35.05
Margin Analysis
Gross Profit Margin %	51.61	51.66	55.47	55.54	49.69
SG&A Margin	41.03	39.21	40.98	41.1	61.09
EBITDA Margin %	2.99	6.21	7.5	5.93	3.16
EBITA Margin %	2.26	5.37	6.94	5.48	1.04
EBIT Margin %	1.51	4.78	6.38	4.09	-11.4
Income From Continuing Operations Margin %	0.65	3.53	3.65	0.5	-16.14
Net Income Margin %	0.65	3.53	3.65	0.5	-16.14
Net Avail. For Common Margin %	0.65	3.53	3.65	0.5	-16.14
Normalized Net Income Margin	0.51	2.58	3.38	1.41	-8.65
Levered Free Cash Flow Margin	0.64	2.46	-3.69	-1.88	2.79
Unlevered Free Cash Flow Margin	1.02	2.79	-3.11	-0.8	4.34
Asset Turnover
Asset Turnover	0.75	0.81	0.84	0.83	0.8
Fixed Assets Turnover	10.43	14.97	18.96	22.6	25.95
Receivables Turnover (Average Receivables)	5.2	6.1	6.9	7.34	3.2
Short Term Liquidity
Current Ratio	1.21	1.12	1.11	1.11	0.78
Quick Ratio	0.81	0.71	0.65	0.59	0.78
Operating Cash Flow to Current Liabilities	0.17	0.31	0.29	0.26	0.12
Days Sales Outstanding (Average Receivables)	70.21	59.81	52.9	49.86	114.2
Average Days Payable Outstanding	55.3	64.02	71.65	91.43	265.76
Long Term Solvency
Total Debt/Equity	27.25	21.13	25.04	32.33	58.42
Total Debt / Total Capital	21.41	17.45	20.03	24.43	36.88
LT Debt/Equity	18.78	13.83	18.32	28.05	15.28
Long-Term Debt / Total Capital	14.76	11.41	14.65	21.2	9.64
Total Liabilities / Total Assets	56.99	54.98	52.52	55.4	70.13
EBIT / Interest Expense	2.54	8.9	6.85	2.39	-4.6
EBITDA / Interest Expense	11.16	18.13	10.66	4.76	1.28
(EBITDA - Capex) / Interest Expense	10.14	17.12	10.44	4.38	1.16
Total Debt / EBITDA	2.29	1.26	1.43	2.2	7.06
Net Debt / EBITDA	-0.84	-0.47	0.1	0.86	3.42
Total Debt / (EBITDA - Capex)	2.52	1.33	1.46	2.39	7.73
Net Debt / (EBITDA - Capex)	-0.92	-0.5	0.1	0.94	3.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	9.87	11.01	7.71	3.3	2.73
Gross Profit, 1 Yr. Growth %	8.95	11.1	15.67	3.43	-8.08
EBITDA, 1 Yr. Growth %	-187.35	130.57	30.06	-18.37	-45.2
EBITA, 1 Yr. Growth %	-154.13	163.93	39.32	-18.46	-80.59
EBIT, 1 Yr. Growth %	-125.58	250.37	43.96	-33.74	-385.95
Earnings From Cont. Operations, 1 Yr. Growth %	-115.73	176.24	11.53	-85.85	-3.41K
Net Income, 1 Yr. Growth %	-115.73	176.24	11.53	-85.85	-3.41K
Normalized Net Income, 1 Yr. Growth %	-112.37	462.73	41.36	-56.97	-730.28
Diluted EPS Before Extra, 1 Yr. Growth %	-115.92	200	11.11	-90	-
Accounts Receivable, 1 Yr. Growth %	-11.89	1.91	-11.26	6.54	257.4
Net Property, Plant and Equip., 1 Yr. Growth %	-32.05	-8.87	-21.61	-2.8	-18.48
Total Assets, 1 Yr. Growth %	-4.06	9.75	0.03	7.49	5.77
Tangible Book Value, 1 Yr. Growth %	20.91	25.82	17.72	5.39	-177.68
Common Equity, 1 Yr. Growth %	2.51	11.87	5.51	0.95	-29.15
Cash From Operations, 1 Yr. Growth %	-40.79	109.57	-17.61	-5.47	-21.24
Capital Expenditures, 1 Yr. Growth %	-14.58	-0.61	-58.9	222.39	-56.02
Levered Free Cash Flow, 1 Yr. Growth %	-88.1	323.56	-261.84	-47.51	-252.94
Unlevered Free Cash Flow, 1 Yr. Growth %	-82.44	205.01	-219.94	-73.26	-654.26
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.51	10.44	9.35	5.48	3.02
Gross Profit, 2 Yr. CAGR %	6.66	10.02	13.36	9.38	-2.5
EBITDA, 2 Yr. CAGR %	-6.59	41.92	73.17	3.04	-33.11
EBITA, 2 Yr. CAGR %	-24.78	19.52	91.76	6.58	-60.22
EBIT, 2 Yr. CAGR %	-48.7	-5.33	124.59	-2.33	37.65
Earnings From Cont. Operations, 2 Yr. CAGR %	-65.48	-3.02	75.53	-60.27	116.56
Net Income, 2 Yr. CAGR %	-65.48	-3.02	75.53	-60.27	116.56
Normalized Net Income, 2 Yr. CAGR %	-64.37	-16.58	182.04	-22.01	64.68
Diluted EPS Before Extra, 2 Yr. CAGR %	-66.18	-5.39	82.57	-66.67	-
Accounts Receivable, 2 Yr. CAGR %	-0.75	-5.24	-4.9	-2.77	95.13
Net Property, Plant and Equip., 2 Yr. CAGR %	-24.16	-21.31	-15.48	-12.71	-10.98
Total Assets, 2 Yr. CAGR %	0.93	2.61	4.78	3.69	6.63
Tangible Book Value, 2 Yr. CAGR %	9.21	27.13	21.7	11.38	-9.52
Common Equity, 2 Yr. CAGR %	-1.14	8.51	8.64	3.2	-15.43
Cash From Operations, 2 Yr. CAGR %	85.11	11.4	31.4	-11.75	-13.71
Capital Expenditures, 2 Yr. CAGR %	11.46	-7.86	-36.08	15.12	19.08
Levered Free Cash Flow, 2 Yr. CAGR %	-53.62	-29.01	161.82	-7.83	-10.4
Unlevered Free Cash Flow, 2 Yr. CAGR %	-37.73	-26.81	91.26	-43.37	21.74
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	15.32	8.66	9.52	7.29	4.56
Gross Profit, 3 Yr. CAGR %	14.99	8.12	11.87	9.95	3.22
EBITDA, 3 Yr. CAGR %	-14.48	26.24	37.85	34.77	-16.52
EBITA, 3 Yr. CAGR %	-24.78	14.31	25.79	44.2	-39.59
EBIT, 3 Yr. CAGR %	-37.02	-2.67	8.86	49.51	39.72
Earnings From Cont. Operations, 3 Yr. CAGR %	-50.16	-10.69	1.6	-24.17	73.59
Net Income, 3 Yr. CAGR %	-52.96	-10.69	1.6	-24.17	73.59
Normalized Net Income, 3 Yr. CAGR %	-50.55	-10.61	-0.55	50.7	56.51
Diluted EPS Before Extra, 3 Yr. CAGR %	-54.09	-13.69	-0.18	-30.66	-
Accounts Receivable, 3 Yr. CAGR %	24.36	0.13	-7.29	-1.23	50.06
Net Property, Plant and Equip., 3 Yr. CAGR %	94.5	-19.37	-21.41	-11.45	-14.68
Total Assets, 3 Yr. CAGR %	16.94	3.78	1.74	5.67	4.38
Tangible Book Value, 3 Yr. CAGR %	-5.78	16.82	23.91	16	-1.22
Common Equity, 3 Yr. CAGR %	4.62	3.93	7.5	6.02	-8.96
Cash From Operations, 3 Yr. CAGR %	70.31	92.93	0.74	17.74	-15.03
Capital Expenditures, 3 Yr. CAGR %	20.38	7.28	-29.6	9.62	-16.47
Levered Free Cash Flow, 3 Yr. CAGR %	-43.68	-3.05	-6.57	53.24	9.12
Unlevered Free Cash Flow, 3 Yr. CAGR %	-33.81	5.75	-13.71	-0.73	21.13
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.3	12.11	12.89	7.38	6.87
Gross Profit, 5 Yr. CAGR %	11.04	11.62	14.33	8.62	5.89
EBITDA, 5 Yr. CAGR %	-26.14	4.5	13.4	16.39	3.22
EBITA, 5 Yr. CAGR %	-31.83	-1.38	9.37	11.15	-20.63
EBIT, 5 Yr. CAGR %	-42.05	-5.77	4.73	-2.53	19.58
Earnings From Cont. Operations, 5 Yr. CAGR %	-58.77	-2.54	-3.77	-35.41	37.52
Net Income, 5 Yr. CAGR %	-60.51	-15.51	-7.04	-35.41	37.52
Normalized Net Income, 5 Yr. CAGR %	-49.55	-9.78	-0.77	-15.36	21.68
Diluted EPS Before Extra, 5 Yr. CAGR %	-62.13	-10.71	-9.58	-41.01	-
Accounts Receivable, 5 Yr. CAGR %	-0.23	15.89	11.71	-1.04	24.85
Net Property, Plant and Equip., 5 Yr. CAGR %	14.68	41.83	39.36	-16.77	-17.39
Total Assets, 5 Yr. CAGR %	8.1	15.25	11.91	3.75	3.67
Tangible Book Value, 5 Yr. CAGR %	31.64	51.37	5.65	14.61	9.27
Common Equity, 5 Yr. CAGR %	11.01	20.64	6.78	3.64	-2.34
Cash From Operations, 5 Yr. CAGR %	25.92	45.04	53.53	41.1	-5.31
Capital Expenditures, 5 Yr. CAGR %	-22.16	11.17	-6.55	10.35	-13.13
Levered Free Cash Flow, 5 Yr. CAGR %	-1.92	-4.35	4.14	-4.99	-4.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	6.36	-1.33	1.19	-17.63	2.88