Added to YB: 2026-05-14
Pitch date: 2026-05-12
SAL.L [bullish]
SpaceandPeople plc
Author Info
No bio for this author
Company Info
SpaceandPeople plc provides commercial and promotional space and retail solutions for businesses to promote and acquire customers in shopping centers, retail parks, railway stations, and other locations in the United Kingdom and Germany.
Market Cap
GBP 3.2M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.29
P/E
8.55
EV/Sales
0.27
Sector
Media
Category
value
25 Year Old Advertisement Middleman with a 24% FCF Yield (Priced for Death) - SpaceandPeople plc
SAL.L: 25yo ad middleman for promotional/short-term retail space in UK/Germany shopping centres & rail stations. 76% rev from UK promo events (300 venues), 9% from RUPU kiosks (34 units, growing fast). Debt-free, £1.6M cash. FY26 EV/EBIT 4x, FY27 FCF yield 24%. Market prices 14% FCFF decline/yr for 10yrs; mgmt growing margins 3yrs straight. Risks: Network Rail contract renewal 2029, ad spend cyclicality, in-house competition.
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