Slide 1: 1H24 Investor Presentation
For personal use only 1H24 Investor Presentation Safety At Every Stage Of Life 29 February 2024 spacetalk.co
Slide 2: Contents
spacetalk.co Contents For personal use only 1. Investment Highlights 2. Business and Strategy Update 3. 1H24 Financial Results Summary 2
Slide 3: 1H24 results demonstrate continued growth
spacetalk.co 1. Investment Highlights 1H24 results demonstrate continued growth For personal use only 1H24 1H23 Change Revenue from continuing operations ($m) 9.2 7.0 31% Gross Profit from continuing operations ($m) 4.2 3.0 40% GP margin (%) 46% 43% 3ppts Annual Recurring Revenue ($m) 9.5 7.4 28% Re
Slide 4: Business and Strategy Update: Vision and Mission
spacetalk.co 2. Business and Strategy Update Our Our For personal use only ecosystem focus of family safety on strategy implementation, technology all flow from our vision products. and mission. VISION MISSION Safety at every To ensure family safety stage of life. by providing an ecosystem of produc
Slide 5: Transformation
spacetalk.co Transformation CEO and leadership team continue to transform Spacetalk For personal use only February 2023 Today Spacetalk was a Spacetalk is a wearables consumer electronics enabled software subscription hardware business and Mobile Virtual Network Operator (MVNO) business Targeting an
Slide 6: Spacetalk's transformation and growth strategy
spacetalk.co S ’ r n f r n nd gr w h r gy n g For personal use only Vision Safety at every stage of life Mission To ensure Family Safety by providing an E cosystem of Products that enable Freedom and create Peace of Mind Objective Become cash flow positive by 2H24, and generate $20-25m ARR in FY26 S
Slide 7: We are delivering our growth and transformation strategy as promised
spacetalk.co We are delivering our growth and transformation strategy as promised For personal use only 1 Raise funds to support strategy delivery Complete 2 Get to cash positive 2H24 3 Temporarily wind down international operations Complete 4 Hire org backbone (Segment Sales, Engineering, Product)
Slide 8: Spacetalk's family safety technology business on a page
spacetalk.co S ’ f y f y technology business on a page For personal use only One Two Emotional Three Four Customer Five Established Theme: Experiences: Product Sets: Segments: Revenue Streams: 1. Family Safety 1. Freedom 1. Wearable Hardware & 1. Schools and Educators 1. Hardware Sales Companion App
Slide 9: Wearable hardware & companion apps
spacetalk.co Wearable hardware & companion apps Hardware sales covert to Spacetalk Mobile For personal use only subscribers at a high rate, meaning our MVNO h h atc a tc ch customer acquisition cost is virtually zero. at W W 1 2 Adv r Ad r Lif e W e nt ur e v e ntu r e Adventurer Watch Companion App
Slide 10: Spacetalk Loop & Bundles
spacetalk.co Spacetalk Loop & Bundles For personal use only Bundling a Spacetalk wearable device with a recurring Spacetalk Mobile subscription to provide a simple solution for customers. Biggest Value* 365 day expiry Loop devices are locked to the Spacetalk Mobile network, increasing Unlimited talk
Slide 11: Spacetalk Life mPERS Bundles
spacetalk.co Spacetalk Life mPERS Bundles For personal use only Bundling a Spacetalk Life mPERS wearable device with a 12 month recurring Spacetalk Mobile subscription, 12 month Spacetalk Protect Bundle App subscription and 12 month 24/7 365 day recurring Spacetalk safety monitoring subscription to
Slide 12: Spacetalk Mobile
Spacetalk Mobile More Spacetalk watches will be locked to the For personal use only Spacetalk Mobile network in 2H24. Four new 4G & 5G handset plans and Reach app extend our value proposition and Spacetalk Mobile will increase customer lifetime value. Spacetalk Spacetalk New products and geographies
Slide 13: Spacetalk Schools
spacetalk.co Spacetalk Schools Spacetalk Schools serves ~900 schools nationwide, engaging ~620,000 parents each year. For personal use only 7 School POC Testing and refinement of updated app. ~1,000 Parents Opted In Schools Spacetalk Schools is being activated as a channel to reach. Messaging Suite
Slide 14: Consistent active user and subscriber growth
spacetalk.co We continue to achieve consistent active user and subscriber growth Grow customer base, increase subscription revenue and customer lifetime value on strong foundation For personal use only Active Wearables Spacetalk Mobile Devices (12 th Jan 2024) MVNO Subscribers (31st Dec 2023) ~85,00
Slide 15: Focus on operational excellence while growing revenue
spacetalk.co Focus on operational excellence while growing revenue Offshoring to reduce costs while maintaining high quality is already underway For personal use only December 2023 Customer Support Team Suva, Fiji Dedicated, lower cost, high quality Spacetalk customer support team has been activated
Slide 16: Financial Summary - 1H24 Results
spacetalk.co 3. Financial Summary -1H24 Results Solid Year on Year Growth Delivered $M 1H24 1H23 Change Commentary Revenue from continuing operations • Strong subscription revenue growth of 38% driven by an 850% For personal use only increase in Spacetalk Mobile revenue vs pcp, partially offset by a
Slide 17: Quarterly ARR has grown ~2.2x since Q1 FY21
spacetalk.co Quarterly ARR has grown ~ 2.2x since Q1 FY21 Annual Recurring Revenue (ARR) For personal use only Spacetalk Mobile App Schools 9.5 8.5 1.9 2.0 7.5 2.3 2.2 6.5 2.5 3.1 • 118% growth from Q1FY21 to Q2 FY24 5.5 • Combined App & Spacetalk Mobile growth 2.5 Millions ($) 2.5 2.5 3.5 of 75% ov
Slide 18: Spacetalk Mobile subscriber growth of 978% on prior year
spacetalk.co Spacetalk Mobile subscriber growth of 978% on prior year demonstrates execution of strategy Global Subscribers For personal use only 30,000 80,000 70,000 25,000 60,000 Spacetalk Mobile Subscribers 20,000 50,000 Total Subscribers 15,000 40,000 • 10% growth in total APP & Spacetalk Mobile
Slide 19: Subscription revenue increasing, underpinned by Spacetalk Mobile growth
spacetalk.co Subscription revenue increasing, underpinned by rapid growth of Spacetalk Mobile revenue For personal use only Revenue Mix • Continued shift from device revenue to recurring revenue, while growing total revenue • 1H24 recurring revenue was 48% (1H23:46%) of total revenue • Spacetalk Mob
Slide 20: Important legal information
spacetalk.co Important legal information This presentation has been prepared by Spacetalk Ltd. (“Spacetalk,” or “Company,” or “SPA”). For personal use only This presentation: • has been prepared in good faither and with reasonable care. Neither SPA nor any other person makes any representation or wa
Slide 21: Safety at every stage of life
Safety at every stage of life For personal use only Spacetalk Limited (ASX:SPA) 1H24 Investor Update Presentation For more information contact Simon Crowther CEO and Managing Director E: investors@spacetalk.co Follow us on LinkedIn Subscribe on our YouTube Follow us on X https://investors.spacetalk.