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Spacetalk Surges with 21% Subscriber Growth and $11M ARR in 2Q25
9:52am on Thursday 16th of January, 2025 AEDT
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Technology
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Spacetalk Surges with 21% Subscriber Growth and $11M ARR in 2Q25
9:52am on Thursday 16th of January, 2025 AEDT
Key Points
Annual Recurring Revenue (ARR) rises 12% quarter-on-quarter to $11 million
Paid mobile subscribers grow 21% to nearly 40,000 in 2Q25
Sustained ARR growth reflects strength of recurring revenue model
Company targets capital-light international expansion
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Spacetalk (ASX:SPA)
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