SPACETALK Limited
AASX:SPA0.08
AUD
+0.00
(+2.63%)
ISIN
AU0000117285
Return %
Stock
S&P 500
1Y
-52.73
14.20
3Y
-65.17
81.12
5Y
-95.66
68.34
Capital Structure
AUD
•
in mil. unless spec.Working Capital
AUD
•
in mil. unless spec.Growth Rates
AUD
•
in mil. unless spec.Semi-annual Revenue
AUD
•
in mil. unless spec.Semi-annual Earnings Per Share
AUD
•
in mil. unless spec.Semi-annual Dividends Per Share
AUD
•
in mil. unless spec.Company Description
- CEO
- Simon Crowther
- Full Time Employees
- 54
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- 80-82 Pitt Street Adelaide NSW Australia 2000
- IPO Date
- Jul 17, 2001
- Website
- mgmwireless.com
- Similar Companies
- Business
- Spacetalk Limited (ASX:SPA) is a family safety technology company that develops and sells hardware and software solutions focused on safety and connectivity across life stages. The company offers kids smartwatches including the Spacetalk Adventurer 2, Spacetalk Loop, and Spacetalk Life wearable safety devices; mobile virtual network operator (MVNO) services through Spacetalk Mobile plans tailored for wearables and older users; the Spacetalk App, a free platform enabling location tracking, chat, photo sharing, and parental controls without social media access; and related accessories such as charging cables, docks, and USB adapters. It operates through Devices, Schools, MVNO, and Apps segments, supplying products via retail stores and online channels to families, schools, and remote workers in Australia, the United States, New Zealand, and the United Kingdom. Founded in 2000 and headquartered in Adelaide, Australia, at 104 Frome Street, the company--formerly known as MGM Wireless Limited until its rebranding in November 2020--initially provided school-to-home text messaging before pivoting to wearable technology with the Spacetalk brand launch in 2017. In the past year, Spacetalk executed a strategic shift from hardware-led to software-led growth to enhance recurring revenue and scalability, targeting $20-25 million in annual recurring revenue by 2026 through global safety solutions and data-enabled services. In September 2025, it secured A$4.05 million in funding, comprising a A$1.5 million conditional placement to institutional investors, A$2 million in September Converting Notes, and A$0.55 million from management, to support geographical expansion, app development, inventory purchases, and growth initiatives; it also appointed John Bird as Independent Non-Executive Director and Chair of the Audit & Risk Committee. Additional recent developments include the July 2025 issuance of converting notes to Thorney and Pure Asset Management to raise A$3 million and extinguish secured debt, alongside CEO Simon Crowther's appointment in February 2023 succeeding cofounder Mark Fortunatow.