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SPACETALK Limited
(Sydney:SPA)
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Rating:46Neutral
Price Target:
AU$0.09
â–²(2.22% Upside)
Action:Reiterated
Date:08/30/26
The score is held down primarily by weak financial performance, including deteriorating profitability, ongoing cash burn, negative equity, and rising debt. Technical indicators are modestly positive but not strong enough to offset the elevated financial and funding risk, and valuation is difficult to support due to negative earnings and no dividend yield.
Positive Factors
Recurring service revenue model
The combination of hardware sales and recurring connectivity or software fees can support customer lifetime revenue and improve business visibility if the company retains users and grows active service subscriptions.
Negative Factors
Falling revenue and severe margin deterioration
Lower revenue alongside negative gross margin shows that the current product and cost structure is not scaling. Sustained margin pressure can limit reinvestment, weaken competitiveness and prolong the path to profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring service revenue model
The combination of hardware sales and recurring connectivity or software fees can support customer lifetime revenue and improve business visibility if the company retains users and grows active service subscriptions.
Read all positive factors
SPACETALK Limited (SPA) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$25.84M
Dividend Yield0.51%
Average Volume (3M)166.85K
Price to Earnings (P/E)―
Beta (1Y)-0.64
Revenue Growth-19.33%
EPS Growth-151.55%
CountryAU
Employees54
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)-0.16
Shares Outstanding303,970,370
10 Day Avg. Volume139,946
30 Day Avg. Volume166,853
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-1.11
Price to Sales (P/S)0.82
P/FCF Ratio-1.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPACETALK Limited Business Overview & Revenue Model
Company Description
Spacetalk Limited, an Australian technology enterprise established in 2000 and based in Rose Park, specializes in providing wearable devices and mobile communication solutions across Australia, the United Kingdom, and New Zealand. The company's pr...
How the Company Makes Money
SPACETALK makes money primarily through (1) device sales and (2) ongoing service revenue tied to connectivity and software services. (1) Device sales: The company generates revenue when it sells its child-focused smartwatches through direct-to-con...
SPACETALK Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
22
Negative
Cash Flow
20
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 16.22M | 19.61M | 17.50M | 13.42M | 14.88M |
| Gross Profit | -2.93M | 9.70M | 8.64M | -757.26K | -1.43M |
| EBITDA | -11.41M | -4.53M | -4.21M | -8.42M | -925.01K |
| Net Income | -17.15M | -4.54M | -6.24M | -14.68M | -6.30M |
Balance Sheet | |||||
| Total Assets | 9.84M | 8.60M | 7.86M | 10.97M | 22.19M |
| Cash, Cash Equivalents and Short-Term Investments | 878.00K | 1.15M | 1.77M | 3.03M | 5.58M |
| Total Debt | 9.07M | 4.72M | 5.21M | 5.33M | 3.19M |
| Total Liabilities | 21.73M | 12.86M | 11.72M | 12.08M | 9.70M |
| Stockholders Equity | -11.89M | -4.26M | -3.86M | -1.11M | 12.49M |
Cash Flow | |||||
| Free Cash Flow | -7.45M | -2.71M | -2.90M | -5.12M | -8.91M |
| Operating Cash Flow | -7.40M | -2.68M | -2.87M | -3.46M | -5.57M |
| Investing Cash Flow | -4.51M | -1.66M | -1.43M | -1.67M | -3.35M |
| Financing Cash Flow | 11.65M | 3.71M | 3.05M | 2.50M | 10.58M |
SPACETALK Limited Technical Analysis
Negative
0.09
Price Trends
0.09
Negative
0.09
Negative
0.09
Negative
Market Momentum
>-0.01
Positive
40.86
Neutral
2.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SPA, the sentiment is Negative. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.86 is Neutral, neither overbought nor oversold. The STOCH value of 2.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:SPA.
SPACETALK Limited Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | AU$1.31B | 35.35 | 5.50% | 1.45% | 9.12% | 7.51% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
59 Neutral | AU$53.37B | 24.13 | 17.30% | 4.37% | -0.81% | 5.46% | |
58 Neutral | AU$7.54B | 72.87 | 1.20% | 46.87% | -4.55% | ― | |
56 Neutral | AU$34.88M | 15.33 | 39.86% | ― | -25.07% | ― | |
50 Neutral | AU$10.44M | -11.25 | 124.87% | ― | 28.06% | -23.08% | |
46 Neutral | AU$25.84M | -0.52 | 188.00% | 0.51% | -19.33% | -151.55% |
* Communication Services Sector Average
AU:SPA
SPACETALK Limited
0.09
-0.06
-39.29%
AU:TPG
TPG Telecom Limited
3.84
0.49
14.80%
AU:TLS
Telstra Corporation Limited
4.80
0.15
3.31%
AU:NOR
Norwood Systems Ltd
0.02
<0.01
5.88%
AU:FRX
Flexiroam Ltd
0.02
0.01
109.09%
AU:ABB
Aussie Broadband Ltd.
4.15
-0.84
-16.85%
SPACETALK Limited Corporate Events
Spacetalk Sets Software-Led Strategy to Scale Family-Safety Platform
Aug 27, 2026
Spacetalk is positioning itself as a software-led family-safety provider by consolidating its offerings into a single app platform. The company’s strategy is to create a cash-generative, defensible niche by delivering a unified service that ...
Spacetalk Calls 2026 Virtual Meeting to Approve Major Capital-Raising Resolutions
Aug 13, 2026
Spacetalk Limited has called a virtual general meeting for 16 September 2026 to seek shareholder approval for several capital-raising and incentive-related resolutions. Shareholders will vote on ratifying the prior issue of 34,581,000 Tranche 1 Au...
PURE Asset Management Ceases to Be Substantial Holder in Spacetalk
Aug 13, 2026
PURE Asset Management, acting for the PURE Income and Growth Fund, has ceased to be a substantial shareholder in Spacetalk Limited, according to a notice lodged under Australia’s Corporations Act. The change follows a placement that diluted ...
Spacetalk issues 34.6m new shares and confirms compliance for secondary trading
Aug 13, 2026
Spacetalk Limited has issued 34,581,000 new fully paid ordinary shares at $0.075 each, raising fresh equity capital without a disclosure document under the relevant fundraising provisions of the Corporations Act. The company confirms it is complia...
SPACETALK Seeks ASX Quotation for 34.6 Million New Shares
Aug 13, 2026
SPACETALK Ltd has applied for quotation on the ASX of 34,581,000 new fully paid ordinary shares, with an issue date of 13 August 2026. The securities are being issued as part of transactions previously flagged to the market, signalling a material ...
Spacetalk Converts Notes Into Shares, Boosting ASX Free Float
Aug 5, 2026
Spacetalk Limited has issued 59,630,957 fully paid ordinary shares at nil consideration following the conversion of 4,475,000 converting notes and associated interest into equity. The move converts debt-like instruments into shares at a price of $...
Spacetalk Director Boosts Equity Stake Through Note Conversion
Aug 5, 2026
Spacetalk Ltd has reported a change in the shareholdings of director John Bird following the conversion of previously held converting notes. Bird’s 20,000 converting notes, which were due to convert on 31 July 2026, have been exchanged into ...
Spacetalk Director Increases Equity Stake Through Note Conversion
Aug 5, 2026
Spacetalk Ltd has disclosed a change in the shareholdings of director Hon Michael David Rann, reflecting adjustments in his equity position in the company. The notice underscores ongoing compliance with ASX rules on director interest reporting, wh...
Spacetalk Director Boosts Indirect Shareholding via Note Conversion
Aug 5, 2026
Spacetalk Ltd has disclosed a change in the interests of director Simon Crowther, reflecting an internal capital structure adjustment rather than a market trade. Crowther’s holdings are split between his direct share ownership and indirect i...
SPACETALK plans major share and option issue to expand capital base
Aug 4, 2026
SPACETALK Ltd has lodged a new Appendix 3B with the ASX outlining a proposed placement or similar issue of up to 133,333,333 ordinary fully paid shares and 30,000,000 unlisted options, exercisable at $0.10 and expiring on 12 August 2029. The propo...
Spacetalk Seeks ASX Quotation for 59.6 Million New Shares
Aug 4, 2026
Spacetalk Ltd has applied for quotation on the ASX of 59,630,957 ordinary fully paid shares under the code SPA, with an issue date of August 3, 2026. The application indicates a significant issuance of new equity securities, which will expand the ...
Spacetalk boosts mobile subscribers and secures TPG Telecom deal in software-led pivot
Jul 31, 2026
Spacetalk reported that for the June 2026 quarter its revenue fell 16% year-on-year to $4.2 million, reflecting a deliberate transition away from school contracts and legacy hardware pricing pressures, even as underlying operating momentum strengt...
SPACETALK retires 75,000 convertible notes in capital update
Jul 24, 2026
SPACETALK Ltd has notified the market of the cessation of 75,000 SPAAA convertible notes, effective 24 July 2026, as part of an update to its issued capital. The termination of these convertible notes alters the company’s capital mix and may...
Spacetalk strikes TPG Telecom MVNO deal to boost mobile growth
Jul 5, 2026
Spacetalk has signed a strategic wholesale Mobile Virtual Network Operator agreement with TPG Telecom to migrate its Spacetalk Mobile services onto TPG’s network, which covers 99 per cent of the Australian population. The move is a key step ...
Spacetalk Issues Shares for Investor Relations Services
Jun 30, 2026
Spacetalk Limited has issued 5,000,000 fully paid ordinary shares at a deemed price of $0.075 per share as consideration for investor relations services. The company has confirmed that the shares were issued without a disclosure document and that ...
SPACETALK Seeks ASX Quotation for 5 Million New Shares
Jun 30, 2026
SPACETALK Ltd, an Australian technology and communications company trading on the ASX under code SPA, issues ordinary fully paid shares as its main listed security. The business is positioned to attract equity investors seeking exposure to growth-...
Spacetalk Plans Placement of Up to 5 Million New Shares
Jun 26, 2026
Spacetalk Ltd has lodged a notice with the ASX outlining a proposed placement of up to 5,000,000 ordinary fully paid shares. The new securities, to be issued under the SPA code, are scheduled for issuance on 29 June 2026.The placement will expand ...
Spacetalk relocates registered office to Sydney CBD address
Jun 5, 2026
Spacetalk Limited has relocated its registered office and principal place of business to Suite 1, Level 9, 80-82 Pitt Street in Sydney, New South Wales. The company’s website and telephone contacts remain unchanged, indicating an administrat...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.