• Completed transformation to a software-led business model
• Entered MOU with TPG Telecom to distribute family safety platform
• Forecasting $20-25 million ARR for calendar year 2026

Spacetalk Ltd, an ASX-listed company, has reported strong progress in its transformation to a software-led business model during the first half of FY26. The company's Annual Recurring Revenue (ARR) grew by 9% to $12.0 million, primarily driven by a 26% increase in Spacetalk Mobile ARR from $6.6 million to $8.3 million. The company's new software platform has enabled enhanced app engagement, upgraded pathways, and improved in-app acquisition capabilities, creating a flywheel effect that is expected to further accelerate mobile subscriber growth. The active mobile subscriber base increased by 26% from 45.6k in 1H25 to 57.4k in 1H26, reflecting the effectiveness of Spacetalk's customer acquisition strategy.A key highlight was the company's entry into an MOU with TPG Telecom to distribute its family safety platform to millions of Vodafone customers in Australia on a co-branded basis. This partnership is expected to be transformational, and Spacetalk is actively discussing similar agreements with telco partners in international markets.The company's focus on expanding its software-led offerings, including the launch of Spacetalk App 2.0 and the introduction of premium features and subscription tiers, is expected to drive further growth in ARR and customer lifetime value. Spacetalk is forecasting $20-25 million in ARR for the calendar year 2026, with the telco channel model and Spacetalk mobile and app subscription revenue being the main drivers of this growth.

Spacetalk is forecasting $20-25 million in Annual Recurring Revenue (ARR) for the calendar year 2026.

Spacetalk is actively discussing telco partnerships in international markets and expects to announce more agreements soon, each of which will generate additional ARR and significantly expand the company's customer base. The company's software-led offerings, including the launch of Spacetalk App 2.0 and the introduction of premium features and subscription tiers, are expected to drive further growth in ARR and customer lifetime value.