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Spacetalk Limited Reports Revenue Growth Amidst Reduced Losses

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Spacetalk Limited Reports Revenue Growth Amidst Reduced Losses

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SPACETALK Limited ( (AU:SPA) ) has provided an update.

Spacetalk Limited reported a 12.2% increase in revenue to $19.6 million for the fiscal year ending June 2025, driven by recurring mobile subscriptions and device sales. Despite a net loss reduction to $4.5 million due to higher gross profit and operational efficiencies, the company did not declare any dividends, and the audit report highlighted a material uncertainty related to going concern.

More about SPACETALK Limited

Spacetalk Limited operates in the technology industry, focusing on mobile subscriptions and device sales. The company is expanding internationally with subsidiaries in the United States, the United Kingdom, and New Zealand.

Average Trading Volume: 53,824

Technical Sentiment Signal: Sell

Current Market Cap: A$9.5M

For detailed information about SPA stock, go to TipRanks’ Stock Analysis page.

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