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.

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