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SPA

SpacetalkASX:SPA Stock Report

Market Cap

AU$34.0m

7D

-2.4%

1Y

46.4%

Updated

17 Oct, 2021

Data

Company Financials
SPA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

SPA Overview

Spacetalk Limited, a technology company, provides wearables and mobile communication solutions in Australia, the United Kingdom, and New Zealand.

Price History & Performance

Summary of all time highs, changes and price drops for Spacetalk
Historical stock prices
Current Share PriceAU$0.20
52 Week HighAU$0.10
52 Week LowAU$0.24
Beta-0.075
1 Month Change-2.38%
3 Month Change13.89%
1 Year Change46.43%
3 Year Change-31.67%
5 Year Change241.67%
Change since IPO259.65%

Recent News & Updates

Shareholder Returns

SPAAU SoftwareAU Market
7D-2.4%2.8%0.9%
1Y46.4%27.7%20.2%

Return vs Industry: SPA exceeded the Australian Software industry which returned 27.7% over the past year.

Return vs Market: SPA exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is SPA's price volatile compared to industry and market?
SPA volatility
SPA Beta-0.075
Industry Beta0.84
Market Beta1

Stable Share Price: SPA is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: SPA's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
200055Mark Fortunatowhttps://www.spacetalkwatch.com

Spacetalk Limited, a technology company, provides wearables and mobile communication solutions in Australia, the United Kingdom, and New Zealand. The company operates through School Messaging Services, Spacetalk Proprietary, and Other segments. It offers Spacetalk Kids and Spacetalk Adventurer, which are mobile phone, GPS tracker, and watch all-in-one wearable devices; Meet Spacetalk Life, a wearable safety device; accessories comprising SPACETALK kids screen protector and charging kits; and adventurer accessories.

Spacetalk Fundamentals Summary

How do Spacetalk's earnings and revenue compare to its market cap?
SPA fundamental statistics
Market CapAU$34.04m
Earnings (TTM)-AU$1.78m
Revenue (TTM)AU$15.12m

2.3x

P/S Ratio

-19.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SPA income statement (TTM)
RevenueAU$15.12m
Cost of RevenueAU$8.79m
Gross ProfitAU$6.33m
ExpensesAU$8.11m
Earnings-AU$1.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin41.88%
Net Profit Margin-11.77%
Debt/Equity Ratio16.4%

How did SPA perform over the long term?

See historical performance and comparison

Valuation

Is Spacetalk undervalued compared to its fair value and its price relative to the market?

3.64x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SPA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SPA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SPA is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.

PE vs Market: SPA is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SPA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SPA is good value based on its PB Ratio (3.6x) compared to the AU Software industry average (5.2x).


Future Growth

How is Spacetalk forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

41.1%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Spacetalk has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Spacetalk performed over the past 5 years?

-36.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SPA is currently unprofitable.

Growing Profit Margin: SPA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SPA is unprofitable, and losses have increased over the past 5 years at a rate of 36.9% per year.

Accelerating Growth: Unable to compare SPA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SPA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: SPA has a negative Return on Equity (-19.04%), as it is currently unprofitable.


Financial Health

How is Spacetalk's financial position?


Financial Position Analysis

Short Term Liabilities: SPA's short term assets (A$10.9M) exceed its short term liabilities (A$2.6M).

Long Term Liabilities: SPA's short term assets (A$10.9M) exceed its long term liabilities (A$4.1M).


Debt to Equity History and Analysis

Debt Level: SPA's debt to equity ratio (16.4%) is considered satisfactory.

Reducing Debt: SPA's debt to equity ratio has increased from 2.5% to 16.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SPA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SPA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56.9% each year


Dividend

What is Spacetalk current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SPA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SPA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SPA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SPA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: SPA is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SPA's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

AU$711k

CEO Compensation


CEO

Mark Fortunatow

no data

Tenure

AU$710,691

Compensation

Mr. Mark Fortunatow, B.Sc.(Ma.Sc.), B.Ec. Co-founded Spacetalk Limited (formerly known as MGM Wireless Limited) in 2001 and serves as its Executive Chairman, Managing Director and Chief Executive Officer....


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD527.49K) is above average for companies of similar size in the Australian market ($USD302.72K).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Spacetalk Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Spacetalk Limited
  • Ticker: SPA
  • Exchange: ASX
  • Founded: 2000
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$34.044m
  • Shares outstanding: 166.07m
  • Website: https://www.spacetalkwatch.com

Number of Employees


Location

  • Spacetalk Limited
  • The Parks
  • Suite 13
  • Rose Park
  • South Australia
  • 5067
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 07:05
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.