1SpatialLSE:SPA 28 Gross Margin % is 49.88% as of Jul. 2025, which is 6% below its 10-year median of 53.13. GuruFocus rates LSE:SPA with a GF Score™ of 28/100 and a GF Value™ of £0.63 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,680 Software companies, 1Spatial ranks better than 64.93% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. 1Spatial's Gross Profit for the
six
months ended in Jul. 2025 was £8.81 Mil. 1Spatial's Revenue for the
six
months ended in Jul. 2025 was £17.65 Mil. Therefore, 1Spatial's Gross Margin % for the quarter that ended in Jul. 2025 was 49.88%.
The historical rank and industry rank for 1Spatial's Gross Margin % or its related term are showing as below:
LSE:SPA'
s Gross Margin % Range Over the Past 10 Years
Min: 51.61 Med: 53.13 Max: 57.96
Current: 54.21
During the past 13 years, the highestGross Margin % of 1Spatial was 57.96%. The lowest was 51.61%. And the median was 53.13%.
LSE:SPA's Gross Margin % is ranked better than 64.93% of 2680
companies
in the Software industry
Industry Median: 40.45
vs LSE:SPA: 54.21
1Spatial had a gross margin of 49.88% for the quarter that ended in Jul. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for 1Spatial was 1.20% per year.
1Spatial (LSE:SPA) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
1Spatial had a gross margin of 49.88% for the quarter that ended in Jul. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
1Spatial Gross Margin % Related Terms
1Spatial Gross Margin % Historical Data
* Premium members only.
The historical data trend for 1Spatial's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LSE:SPA vs SHOP, UBER, CRM: Gross Margin % Comparison
For the Software - Application subindustry, 1Spatial's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
1Spatial Gross Margin % vs Software Industry
For the Software industry and Technology sector, 1Spatial's Gross Margin % distribution charts can be found below:
* The bar in red indicates where 1Spatial's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
1Spatial (LSE:SPA) has a Gross Margin % of 49.88% as of Jul. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on 1Spatial and its competitors. This is near median its historical median of 53.13. Over the past decade, 1Spatial's Gross Margin % has ranged from 51.61 to 57.96. According to the industry distribution chart, 1Spatial ranks #940 out of 2680 companies in the Software industry, placing it in the top 35.1%.
Is 1Spatial's Gross Margin % too high?
1Spatial's current Gross Margin % of 49.88% is near median its 10-year median of 53.13. Over the past 10 years, this metric has ranged from a low of 51.61 to a high of 57.96. The Software industry median Gross Margin % is 40.45. 1Spatial's value of 49.88% is 23.3% above this industry median. Based on the distribution chart, 1Spatial ranks #940 out of 2680 companies in the Software industry, which is above the industry midpoint. Overall, 1Spatial has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 1Spatial's Gross Margin % compare to SHOP and UBER?
According to the Software industry distribution chart, 1Spatial ranks #940 out of 2680 companies for Gross Margin %. This puts 1Spatial in the upper half of its industry. The industry median Gross Margin % is 40.45. 1Spatial's value of 49.88% is 23.3% above this benchmark. Historically, 1Spatial's own Gross Margin % has ranged from 51.61 to 57.96 over the past decade. While the company's 10-year median is 53.13 vs. the industry median of 40.45, 1Spatial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,680 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 1Spatial's current Gross Margin % of 49.88% is 23.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on 1Spatial and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1Spatial's current Gross Margin % is 49.88%, which is near median its own 10-year median of 53.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1Spatial stock overvalued right now?
Based on GuruFocus' analysis, 1Spatial (LSE:SPA) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.63, compared to a current price of £0.73 — trading 15.6% above its estimated fair value. The current Gross Margin % is 49.88%, which is near median its 10-year median of 53.13 and 23.3% above the Software industry median of 40.45. 1Spatial's overall GF Score™ is 28/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For 1Spatial (LSE:SPA), the current Gross Margin % is 49.88% as of Jul. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is 1Spatial (LSE:SPA) Overvalued in 2026?
Based on GuruFocus' analysis, 1Spatial stock appears to be overvalued.
The current stock price of £0.73 is trading 15.6% above its estimated GF Value™ of £0.63.
GuruFocus considers 1Spatial to be Modestly Overvalued.
Key valuation signals for LSE:SPA:
Gross Margin %: 49.88% (near median its 10-year median of 53.13)
GF Value™: £0.63 vs. price of £0.73 (15.6% above fair value)
Industry Position: 23.3% above the Software median (#940 of 2680)
No single metric tells the full story. See the LSE:SPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
1Spatial PLC is engaged in providing Location Master Data Management (LMDM) software, solutions, and business applications. The company serves various industries such as Utilities, Government, Transportation and Infrastructure, Defence, and Engineering. Its product includes 1Integrate, 1Generalise, FME, Geocortex, and others. The company's geographical segments are UK/Ireland, Europe, United States, and Australia.
28GF Score
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