Spacetalk Limited (ASX: SPA) has reported impressive growth in Annual Recurring Revenue and mobile subscribers during the second quarter of FY25. ARR increased by 12% quarter-on-quarter, reaching AU$11.0 million in 2Q25, up from AU$9.8 million in 1Q25. Additionally, Spacetalk Mobile's paid subscribers grew by 21%, reaching 39.8k, compared to 33.0k in the previous quarter.
Simon Crowther, CEO and Managing Director of Spacetalk, highlighted the company's success in building a resilient business model focused on high-quality, recurring revenue streams. The rapid growth in mobile subscribers has been a key driver of this progress. Crowther emphasized the company's readiness to leverage its strong foundation for capital-efficient international expansion, with plans to explore new markets and deliver consistent customer value. This momentum underscores Spacetalk's commitment to scaling its operations, solidifying its position in the market, and pursuing global opportunities.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
