• Paid mobile subscriber growth up 44% year-on-year
• Annual Recurring Revenue (ARR) grew 25% to $12.1m
• Revenue increased 15% to $5.0m, driven by mobile subscription growth

Spacetalk Ltd (ASX: SPA) has reported its Appendix 4C for the quarter ended 30 June 2025 (4QFY25), along with an operational update. Key highlights include:- Paid mobile subscriber growth: Paid subscribers for Spacetalk Mobile (MVNO) grew to 44.4k in 4QFY25, up 44% year-on-year.- Annual Recurring Revenue (ARR) growth: ARR grew 25% to $12.1m, driven by a 51% increase in mobile ARR to $8.0m.- Revenue performance: Revenue increased 15% to $5.0m, primarily driven by the uplift in the MVNO segment.- Positive net cash generation: Operating cash flow before inventory investments was $2.9m, an improvement of $1.8m compared to the prior year.- International expansion: The company expanded its sales and business development across Europe, the UK, Singapore, the USA, Canada, and New Zealand, using a capital-light, ecommerce-first strategy.- Capital raising: Spacetalk raised $1.3m (before costs) to fund international expansion, next-generation hardware development, and a new app.- Debt restructuring: The company secured a further $3m investment from its largest shareholder and converted $1m of existing secured debt into converting notes, improving its debt profile.The company remains focused on driving sustainable growth through its subscription model, international expansion, new product launches, and maintaining strong cost control.

For the financial year ended 30 June 2025 (FY25), Spacetalk reported revenue of $20.3m, up 13% from the prior year, and Annual Recurring Revenue of $12.1m, up 25% year-on-year.

Spacetalk continues to execute on its strategy of building a global family safety business. The company is focused on driving further growth in its mobile subscription base, expanding internationally, and launching new products, including a next-generation app and AI-driven health and wellbeing wearable for seniors.