Slide 1: 1Q2023 Business Update
SPACETALK LTD. For personal use only 1Q2023 Business Update Three Months Ended 30 September 2022 Connected Families • Confident Kids • Safe Seniors
Slide 2: Important notice
Important notice For personal use only This presentation has been prepared by Spacetalk Ltd. (“Spacetalk,” or “Company,” or “SPA”). Information contained in this presentation: • is intended to be general background information only, and is not intended that it be relied upon as advice to investors o
Slide 3: 1Q2023 Financial Highlights
1Q2023 Financial Highlights For personal use only GROUP REVENUE $2.6m -36% pcp 1Q2022: $4.0m GROUP REVENUE BY QUARTER TOTAL WEARABLES SUBSCRIPTIONS WEARABLES SUBSCRIPTIONS ARR $25.0 AND SCHOOLS REVENUE BY QUARTER $4.5 $4.0 $20.0 $4.1 $3.5 $3.0 $15.0 $4.3 $3.0 $2.5 $2.0 $3.9 1.4 $10.0 $1.1 $1.9 1.1 $
Slide 4: Strong Subscription Revenue Contribution
Strong Subscription Revenue Contribution For personal use only WEARABLES ARR $4.0m +41% pcp 1Q2022: $2.8m WEARABLES SUBSCRIPTIONS ARR WEARABLES SUBSCRIPTION TOTAL WEARABLES REVENUE REVENUE 1.0 $4.0 0.7 $2.9 $1.7 0.4 3.6 2.3 2.2 $0.9 0.2 1.9 Q1 FY2020 Q1 FY2021 Q1 FY2022 Q1 FY2023 1QFY20 1QFY21 1QFY2
Slide 5: Key 1Q2023 Financial Metrics
Key 1Q2023 Financial Metrics For personal use only WEARABLES REVENUE SCHOOLS REVENUE $2.2m $0.4m - 41% pcp + 11% pcp 1Q2022: $3.6m 1Q2022 : $0.4m WEARABLES DEVICE REVENUE WEARABLES SUBSCRIPTION REVENUE $1.2m $1.0m - 60% pcp + 40% pcp 1Q2022: $2.9m 1Q2022 : $0.7m WEARABLES SUBSCRIPTION ARR MARKETING
Slide 6: Post 1Q2023 Close
Post 1Q2023 Close For personal use only • Spacetalk Adventurer system upgrade • Spacetalk Adventurer Bonus Edition • BestBuy US in-store • JumpySIM US and AU progress 6
Slide 7: Distribution Partners and Gateways
Distribution Partners and Gateways For personal use only 7
Slide 8: Strategic and Leadership Transition
Strategic and Leadership Transition For personal use only • Focus on cash flow sustainability • Strategy review – estimated completion November 2022 • Cost base optimisation – cost savings of >$2.0m per annum annualised identified to be implemented in 2QFY2023 • Reviewing capital needs based on lowe
Slide 9: Connecting families | safe | engaging | reliable
For personal use only Connecting families | safe | engaging | reliable 9
Slide 10: About Spacetalk
This announcement has been authorized by the Spacetalk Board. For personal use only Spacetalk Ltd. (ASX:SPA) is a global technology provider of secure communication solutions for families to stay connected and protected. Spacetalk’s range of all-in-one smartphone GPS watches for children (Spacetalk
Slide 11: spacetalkwatch.com
For personal use only spacetalkwatch.com