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Spacetalk Accelerates with 53% Subscriber Surge and $11M ARR in Q2 FY25
9:41am on Friday 24th of January, 2025 AEDT
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Telecommunications
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Spacetalk Accelerates with 53% Subscriber Surge and $11M ARR in Q2 FY25
9:41am on Friday 24th of January, 2025 AEDT
Key Points
53% increase in paid mobile subscribers to 39.8k
16% growth in annual recurring revenue to $11.0 million
Gross profit up 18% to $3.2 million
Operating cash flow stable at negative $1.1 million despite higher inventory investment
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