Against a volatile stock market that has hit many London-listed small-cap firms, software-as-a-service (SaaS) player SmartSpace has delivered steady performance so far this year, currently sitting at 84.7p. Following a major repositioning last year, the £18.8m business has been working hard to develop its wholly-owned platform aimed at addressing a growing need for space management solutions among companies. With SmartSpace recently painting a clear picture of its near-term growth plans in its full-year results, we spoke to chief executive Frank Beechinor about the company’s progress since our feature profile in January.
Strategic shift
As mentioned, although it has legacy operations in the retail and hospitality sectors, SmartSpace’s primary focus is on the workspace sector. Specifically, it aims to support organisations in their quest to keep up with an ever-growing need for employee mobility and flexibility in the face of changing workplace environments and rising costs.
SmartSpace Software Plc (LON:SMRT) is focused on technologies that make real estate more efficient and organisations more effective. They provide leading smart workplace software and technology to the commercial workplace, retail and hospitality real estate sectors.