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Spacetalk Ltd (ASX:SPA)

ALERT: Price-sensitive ASX Announcement for SPA
Current share price for SPA : $0.091 0.012 (15.19%)+
Announcement
Release
29 Apr 2026 9:25AM
Price at Release
$0.079
Full Release
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Summary
The document reports on Spacetalk Ltd's quarterly activities and cash flow for March 2026. It details cash flows from various activities, including operating, investing, and financing activities. The company received $4,876,000 from customers and incurred costs for manufacturing, staff, marketing, and administration. Net cash from operating activities stood at $611,000. Spacetalk Ltd's financing facilities include a $3.6 million loan facility and a $1.0 million convertible note. The report emphasizes the firm's commitment to maintaining a minimum cash balance and meeting EBITDA targets. Additionally, the document highlights Spacetalk's focus on developing wearable technology that enhances safety across all life stages.
Key Points
  • Receipts from customers were $4,876,000.
  • Payments for operating costs amounted to $602,000.
  • Staff costs were $1,519,000.
  • Administration costs totaled $1,441,000.
  • Net cash from operating activities was $611,000.
  • The company has a $3.6 million loan facility.
  • Convertible note valued at $1.0 million.
  • Minimum cash balance requirement of $750,000.
  • Spacetalk develops wearable technology for safety.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.