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Spacetalk Ltd Reports Reduced Losses and Revenue Growth in H2 2024

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Spacetalk Ltd Reports Reduced Losses and Revenue Growth in H2 2024

SPACETALK Limited ( (AU:SPA) ) has provided an update.

Spacetalk Ltd reported a significant reduction in losses for the half-year ending December 2024, with a 74% decrease in loss attributable to owners compared to the previous year. Despite no dividends being declared, the company saw a 12% increase in revenue, indicating a positive shift in financial performance, which could enhance its market position and stakeholder confidence.

More about SPACETALK Limited

Spacetalk Ltd operates in the technology industry, focusing on developing and providing communication devices and services, particularly targeting the family and child safety markets.

Average Trading Volume: 3,809

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €6.37M

See more insights into SPA stock on TipRanks’ Stock Analysis page.

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