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
  • ‘It is a global phenomenon’: SmartSpace’s CEO Frank Beechinor on making money out of our changing attitudes to office working (SMRT)

    Since August last year, volatile market conditions have pushed newly-rebranded software-as-a-service business SmartSpace (LSE:SMRT) down from highs of 109.5p to its current 90p. The firm’s flagship product is a platform that supports companies in their efforts to make the most out of their workspace as rents continue to increase and employees take an increasingly flexible approach to office hours. Here, CEO Frank Beechinor talks through SmartSpace’s efforts to bolster its product offering and customer base. With the company’s share looking so cheap, he also explains why he believes the ‘global phenomenon’ of workspace optimisation could provide an exciting investment opportunity.

    Download the PDF or read the full article here

     

    08 January 2019
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