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How Is Spacetalk’s SaaS Pivot Fueling Subscriber Growth Despite Rising Losses?
10:22am on Wednesday 25th of February, 2026 AEDT
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Technology
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How Is Spacetalk’s SaaS Pivot Fueling Subscriber Growth Despite Rising Losses?
10:22am on Wednesday 25th of February, 2026 AEDT
Key Points
6% revenue decline to $9.3 million in H1 2026
431% increase in net loss to $5.5 million due to higher operating expenses
26% growth in active mobile subscribers to 57,400
9% increase in annual recurring revenue to $12 million
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