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SPACETALK Limited ( (AU:SPA) ) has shared an announcement.
Spacetalk Ltd has received a $428,853 tax rebate from the Australian Taxation Office, reflecting its commitment to innovation and research in enhancing connected devices and launching new services. The rebate strengthens their financial position, supporting ongoing product development and operational initiatives. The company demonstrated strong financial discipline by growing its Annual Recurring Revenue by 16% and reducing operating payments by 25%, highlighting its focus on sustainable revenue growth and cost optimization.
More about SPACETALK Limited
Spacetalk Ltd is a company that develops and sells hardware and software focused on safety solutions, including best-selling kids smartwatches in Australia. Their product offerings include the Spacetalk Mobile, Spacetalk App, and Adult Wearables, all designed to provide freedom with peace of mind.
YTD Price Performance: 7.69%
Average Trading Volume: 3,809
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €5.78M
For an in-depth examination of SPA stock, go to TipRanks’ Stock Analysis page.
