Announcement • Mar 27
Spacetalk Limited has filed a Follow-on Equity Offering in the amount of AUD 6.0138 million. Spacetalk Limited has filed a Follow-on Equity Offering in the amount of AUD 6.0138 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 15,694,712
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 75,501,955
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,033,333
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Transaction Features: Subsequent Direct Listing Announcement • Oct 24
Spacetalk Limited, Annual General Meeting, Nov 20, 2025 Spacetalk Limited, Annual General Meeting, Nov 20, 2025. Location: ground floor `multifunction room, 60 martin place, sydney Australia Announcement • Sep 15
Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 13,636,364
Price\Range: AUD 0.11
Discount Per Security: AUD 0.0066
Transaction Features: Subsequent Direct Listing Announcement • Apr 09
Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.265 million. Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 1.265 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 9,035,715
Price\Range: AUD 0.14
Discount Per Security: AUD 0.0084
Transaction Features: Subsequent Direct Listing Announcement • Oct 11
Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 2.586517 million. Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 2.586517 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 29,773,164
Price\Range: AUD 0.024
Discount Per Security: AUD 0.00144
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 74,397,591
Price\Range: AUD 0.024
Discount Per Security: AUD 0.00144
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,600,772
Price\Range: AUD 0.024
Discount Per Security: AUD 0.00144
Security Features: Attached Options
Transaction Features: Rights Offering Reported Earnings • Oct 04
Full year 2024 earnings released: AU$0.013 loss per share (vs AU$0.043 loss in FY 2023) Full year 2024 results: AU$0.013 loss per share (improved from AU$0.043 loss in FY 2023). Revenue: AU$17.9m (up 33% from FY 2023). Net loss: AU$5.70m (loss narrowed 49% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 53% per year, which means it is performing significantly worse than earnings. New Risk • Sep 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (39% average weekly change). Negative equity (-AU$3.3m). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Market cap is less than US$10m (€7.75m market cap, or US$8.66m). Announcement • Sep 19
Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 0.868221 million. Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 0.868221 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 36,175,893
Price\Range: AUD 0.024
Discount Per Security: AUD 0.00144
Transaction Features: Subsequent Direct Listing Announcement • Sep 18
Spacetalk Limited, Annual General Meeting, Nov 20, 2024 Spacetalk Limited, Annual General Meeting, Nov 20, 2024. Reported Earnings • Aug 30
Full year 2024 earnings released: AU$0.011 loss per share (vs AU$0.043 loss in FY 2023) Full year 2024 results: AU$0.011 loss per share (improved from AU$0.043 loss in FY 2023). Revenue: AU$17.9m (up 33% from FY 2023). Net loss: AU$4.81m (loss narrowed 56% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 03
First half 2024 earnings released: AU$0.009 loss per share (vs AU$0.048 loss in 1H 2023) First half 2024 results: AU$0.009 loss per share (improved from AU$0.048 loss in 1H 2023). Revenue: AU$9.18m (down 1.2% from 1H 2023). Net loss: AU$3.43m (loss narrowed 63% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has fallen by 50% per year, which means it is performing significantly worse than earnings. Announcement • Nov 17
Spacetalk Limited Announces the Retirement of Non-Executive Director, Saurabh Jain Spacetalk Ltd. announced that Non-Executive Director, Mr. Saurabh Jain has advised of his retirement from office with Immediate effect and will not be standing for re-election at Annual General Meeting on 16 November 2023. As a result of Mr. Jain's retirement, Resolution 3, as contained within the Annual General Meeting Notice of Meeting, has been withdrawn and will not be put to Annual General Meeting. Announcement • Oct 11
Spacetalk Ltd. Announces Retirement of Brandon Gien as Non-Executive Director Spacetalk Ltd. announced that Non-Executive Director, Dr Brandon Gien, has advised that he will retire from office with effect from close of the Annual General Meeting. Dr Gien is exploring an advisory role with Spacetalk to assist in the ongoing transformation of the company. Board Change • Oct 06
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Non Executive Director Martin Pretty is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 05
Full year 2023 earnings released: AU$0.043 loss per share (vs AU$0.037 loss in FY 2022) Full year 2023 results: AU$0.043 loss per share (further deteriorated from AU$0.037 loss in FY 2022). Revenue: AU$13.5m (down 9.6% from FY 2022). Net loss: AU$11.1m (loss widened 75% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year whereas the company’s share price has fallen by 53% per year. Announcement • Sep 12
Spacetalk Limited, Annual General Meeting, Nov 16, 2023 Spacetalk Limited, Annual General Meeting, Nov 16, 2023, at 14:30 AUS Eastern Standard Time. New Risk • Sep 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 59% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.1m free cash flow). Share price has been highly volatile over the past 3 months (96% average weekly change). Negative equity (-AU$1.1m). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Market cap is less than US$10m (€4.54m market cap, or US$4.85m). New Risk • Aug 28
New major risk - Negative shareholders equity The company has negative equity. Total equity: -AU$1.1m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.1m free cash flow). Share price has been highly volatile over the past 3 months (72% average weekly change). Negative equity (-AU$1.1m). Earnings have declined by 28% per year over the past 5 years. Market cap is less than US$10m (€4.63m market cap, or US$5.00m). Minor Risk Shareholders have been diluted in the past year (43% increase in shares outstanding). Announcement • Jul 12
Spacetalk Limited Announces CFO Changes Spacetalk Limited announced the resignation of Susan Graney as Chief Financial Officer of Spacetalk due to unforeseen personal circumstances. The Spacetalk Board of Directors has appointed existing Spacetalk employee Tonderai Maenzanise, who is an experienced finance executive, as the Company's new Chief Financial Officer, effective 10 July 2023. Tonderai is a well-regarded executive with over 20 years' experience in Audit, Engineering Services, Financial Services and Insurance sectors roles, both in Australia and overseas. Prior to joining Spacetalk, Tonderai was the CFO of Grays.Com Limited and RT Health Fund. He previously held senior finance positions at FlexiGroup Limited and Transfield Services Limited. Tonderai is a Deloitte trained Chartered Accountant and has international exposure in Zimbabwe, USA, and the UK. Tonderai has expertise in strategic planning, transformation, financial reporting and operations, capital, liquidity and financial management, mergers and acquisitions, IPO, corporate governance, taxation, financial systems implementation, cost rationalisation, compliance and regulation, executiveleadership, mentoring and coaching. Announcement • May 30
Spacetalk Limited Appoints Peter Scott as Their New Head of Product Spacetalk Limited announced the appointment of Peter Scott as their new Head of Product. Peter brings with him over 18 years' experience as a leader in the Product and Strategy market and was most recently, the Chief Product and Technology Officer at Compono. Reported Earnings • Mar 04
First half 2023 earnings released: AU$0.048 loss per share (vs AU$0.011 loss in 1H 2022) First half 2023 results: AU$0.048 loss per share (further deteriorated from AU$0.011 loss in 1H 2022). Revenue: AU$9.29m (down 25% from 1H 2022). Net loss: AU$9.24m (loss widened 375% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 32% per year whereas the company’s share price has fallen by 34% per year. Announcement • Feb 20
Spacetalk Limited Announces Resignation of Brandon Gien as Director Spacetalk Limited announced the resignation of Brandon Gien as Director. Date of last notice 29 December 2022. Recent Insider Transactions • Feb 13
Insider recently sold €60k worth of stock On the 9th of February, Mark Fortunatow sold around 959k shares on-market at roughly €0.062 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €120k more than they bought in the last 12 months. Announcement • Feb 11
Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 2.381308 million. Spacetalk Limited has completed a Follow-on Equity Offering in the amount of AUD 2.381308 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 46,043,590
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 33,333,334
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Transaction Features: Rights Offering Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Non Executive Director Brandon Gien is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 24
Full year 2022 earnings released: AU$0.037 loss per share (vs AU$0.011 loss in FY 2021) Full year 2022 results: AU$0.037 loss per share (down from AU$0.011 loss in FY 2021). Revenue: AU$20.7m (up 37% from FY 2021). Net loss: AU$6.30m (loss widened 254% from FY 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings. Board Change • Aug 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Co-Founder, MD, CEO & Director Mark Fortunatow is the most experienced director on the board, commencing their role in 2001. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 24
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.011 loss per share (down from AU$0.004 loss in 1H 2021). Revenue: AU$12.3m (up 50% from 1H 2021). Net loss: AU$1.95m (loss widened 213% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 03
Full year earnings released - €0.031 loss per share Over the last 12 months the company has reported total losses of AU$4.27m, with losses narrowing by 9.0% from the prior year. Total revenue was AU$10.5m over the last 12 months, up 46% from the prior year.