SpaceandPeople plc provides earnings guidance for the fiscal year 2020. Under this revised revenue recognition policy, the unaudited consolidated loss before taxation for fiscal year 2020 is expected to be in the region of £2.5 million (fiscal year 2019: profit of £0.1 million). The change of revenue recognition policy had the effect of reducing the loss before taxation by £0.6 million, due to the exclusion of post year end revenue being more than offset by the corresponding adjustment made to include bookings that had previously been recognised in the prior year.