Spacetalk Limited’s Strategic Transformation for Growth

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

Spacetalk Limited has undergone a significant transformation, transitioning from a loss-making kid’s wearables business to a sustainable software-driven company with increased recurring revenue and reduced costs. The company is focusing on expanding its market presence in regions such as New Zealand, Finland, the UK, and the US, while continuing to innovate with new products like Life and Spacetalk Mobile. This strategic shift is aimed at driving growth and building long-term value for shareholders.

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