Quarterly Activities/Appendix 4C Cash Flow Report
| Stock | Spacetalk Ltd (SPA.ASX) |
|---|---|
| Release Time | 31 Jul 2026, 5:15 p.m. |
| Price Sensitive | Yes |
Spacetalk Ltd. Reports Strong Quarterly Results and Strategic Milestones
- Mobile subscribers increased by 18% to 60.6k
- Signed agreements with TPG Telecom (Vodafone Australia)
- Expansion of recurring revenue model
- Device unit sales grew by 47% year-on-year
- Increased investment in technology and app development
Spacetalk Ltd. reported a strong operational performance for the quarter ended 30 June 2026, with mobile subscribers increasing by 18% to 60.6k and device unit sales growing by 47% year-on-year. The company signed binding agreements with TPG Telecom, including a commercial agreement with Vodafone Australia and a strategic MVNO wholesale agreement. These agreements validate Spacetalk's B2B software proposition and establish a scalable framework for pursuing similar opportunities globally. The company also increased its investment in technology and app development by 200% to $1.5m, focusing on enhancing app and platform functionality and supporting the development of data analytics and online safety features.
Spacetalk expects to complete the technical integration and migration of Spacetalk Mobile subscribers to TPG's mobile network.
Spacetalk is focused on executing its strategic priorities for FY27, including launching the co-branded Vodafone Australia family safety app, progressing software partnership discussions globally, and launching new hardware products.