Finance:

• Revenue up 37% for FY22
• Record a loss of 6.4m in FY22 compare to 1.8m in FY21
• Cash balance: 5.6m
• Cost of business jumped 35% in FY22
• Market Cap of 14m

Recent performance:

• a 40.9% increase in revenue on the fourth quarter 2021
• 4Q FY22 ARR from Spacetalk App monthly subscriptions was $3.8 million, up 40.7%
•  US business, from a standing start in late 2021, generated meaningful 4QFY22 revenue. This demonstrates the opportunity in the North America region.
• launched their own JumpySIM business in the US late June 2022
• Spacetalk will be launching JumpySIM services in Australia in 1Q FY23
• Seems like business in UK is finaly starting to grow after a flat FY21
• Recently getting into the Nordic region market as well

General note:

• Working in a primary school, kid's smart watch is becoming very popular
• Great for parents that want to have the convenience of a mobile for their young ones but without the extra screen time
• Seems like one of the higher quality product amongst its competitors
• Exploring the school - home communication market is smart business IMO

DISC - Not held but in my watchlist