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Spacetalk Limited Annual General Meeting Summary

Spacetalk Limited (ASX: SPA) used its 2025 Annual General Meeting to underline a defining year in which the company completed a major strategic transformation from a hardware-driven model to a software-led, hardware-enabled ecosystem centred on its vision of “Safety at Every Stage of Life.” The Chair acknowledged strong shareholder backing during this transition, noting disciplined cost control, expanding recurring revenue, and a growing international footprint. CEO Simon Crowther detailed how Spacetalk rebuilt its operating model, strengthened its leadership team, modernised its technology stack, and launched the Freedom Platform—now active across 30+ markets and 16 languages. 

FY25 delivered double-digit revenue growth to AU$19.6 million, Spacetalk Mobile revenue climbed to AU$7 million, and annual recurring revenue rose to AU$12.1 million, supported by a 51% uplift in mobile subscribers. The company is advancing new device-agnostic safety features, predictive-health analytics for seniors via NeuRA, and upcoming Apple Watch and Android watch apps. Discussions with global telcos for co-branded deployments continue to progress and could be transformative. With operations expanding across Australia, the US, UK, Germany, and Sweden, Spacetalk remains confident of achieving AU$20–25 million in recurring revenue in 2026 and scaling its fully integrated family-safety ecosystem.

 

 

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