Spacetalk: Sets revenue record in solid half-yearly

  • Australian tech company Spacetalk (SPA) recorded its strongest half-yearly group revenue figures to date in a steady H1 Fy21 recap
  • Led predominantly by its wearables division, the ASX-lister’s group revenue came in at $8.25 million
  • Device revenue grew modestly from $5.8 million to $6.3 million amid the release of the company’s Spacetalk Adventurer product
  • The tech player noted the significance of attaining the figures which came amongst intermittent pandemic induced lockdowns and lower consumer confidence
  • The company also expanded its brick-and-mortar presence from 777 stores to 1120
  • Spacetalk is trading flat following the announcement at 14 cents each at 2:40 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Revolut’s Storonsky Strengthens Residency in UK After Filing Error

CEO Nik Storonsky clarifies residency status following administrative mistake.Highlights: Nik Storonsky corrects residency status following a filing error.Revolut's...

PicPay Strengthens Position with $25 Billion Valuation in New York IPO

The Brazilian payments platform PicPay goes public, marking a significant milestone.Highlights: PicPay valued at $25 billion following its...

Long-Term DEI Efforts Strengthen Business Outcomes

Exploring how diversity, equity, and inclusion impact corporate success.Highlights: Diversity, equity, and inclusion (DEI) enhance employee engagement.Companies with...

EBAday Fintech Zone Winners Strengthen Industry Presence

Insights into past winners and their ongoing impact on fintech.Highlights: EBAday 2023 showcased multiple fintech innovations.Winners are expanding...