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SmartSpace Software Plc is a UK based provider of workplace management software for smart buildings and commercial spaces. The company is listed on the London Stock Exchange’s AIM market. In this Research Note, we examine the business, based on their trading updates and investor presentation of 17 February 2022 and their workplace management strategy. Revenue for the year ended 31 January 2022 increased 15% on the prior year to £5.3 million. The firm reported continued strong momentum of Annual Recurring Revenue (ARR), which increased 64% year on year to £4.9 million. The three operating companies in the group comprise: Space Connect ‐ SaaS meeting room and desk booking vendor, acquired in October 2019, headquartered in Australia.SwipedOn ‐ SaaS visitor management and desk booking vendor, headquartered in Tauranga, New Zealand, founded in 2013 and acquired in October 2018. Anders & Kern ‐ workspace software and hardware distribution and technical support. Since 2018, SmartSpace has revolved around its buy and build activities for its pure play […]
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This Research Note explores what’s behind Yardi Systems’ recent acquisitions of Hubble and Deskpass in the coworking sector. We focus on Yardi’s strategic rationale for acquiring these two firms, the company’s prior acquisitions in the sector, and the current state of coworking in the office market. Yardi Profile Founded in 1984 by Anant Yardi and […]
In this Research Note, we examine UrbanChain, a Manchester, UK-based startup recently named the 3rd fastest-growing UK technology company by Deloitte. The company is positioned as a provider of peer-to-peer energy services, enabling the rollout of renewable energy in commercial and industrial facilities to happen much faster. We review the company’s growth, external funding, and […]
In this Research Note, we examine Wavelynx Technologies, a Broomfield, Colorado-based vendor providing mobile-first identity and access control solutions. We take an in-depth look at the origins of the firm, its product portfolio, ownership, growth, regional expansion, and recent partnerships. Wavelynx Origins Wavelynx Technologies was founded in 2013 by Hugo Wendling, who had co-founded XceedID […]
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