Media Commentary

  • Techinvest's Tadhg Cotter reports on SmartSpace ‘Interim results, acquisition of SwipedOn and exciting long term growth strategy’

    The acquisition of Swipe-On will help broaden Smartspace’s revenue base and will enable the business to be less dependent on enterprise-level deals. With a strong cash position, the enlarged group will be able to accelerate the ‘buy and build’ strategy, acting as a consolidator in the fragmented market for smart building software and services. The shares currently trade on a cash adjusted P/E of 10.1. Continue to buy."

    01 November 2018