Spacetalk Limited · ASX:SPA
Spacetalk — Shareholder Meeting (November 2023)
22 slides from Spacetalk's shareholder meeting presentation, Nov 16, 2023
Slide 1: Annual General Meeting Addresses and Presentation
ASX Announcement |16 November 2023 Spacetalk Limited (ASX: SPA) Annual General Meeting Addresses and Presentation In accordance with the ASX Listing Rules, the Chairman’s and CEO addresses and presentations to the Annual General Meeting (“AGM”), are appended. For personal use only This ASX announcem
Slide 2: About Spacetalk Limited
Spacetalk’s best-in-class software platform additionally supports children’s development by facilitating engaging, confidence-building experiences that the whole family can participate in and enjoy. Spacetalk’s core hardware, its smartphone-watch, is effectively a child’s first mobile phone. It offe
Slide 3: Chairman's Address
CHAIRMAN’S ADDRESS FY23 has been a truly transformational year for the business, a year in which we repositioned and reinvented Spacetalk to a sustainable business with a clear strategy and high-quality leadership under the helm of Simon Crowther our CEO/MD to execute this strategy. In FY23, we comp
Slide 4: CEO's Address
CEO’S ADDRESS Good afternoon it is great to have the opportunity to meet with you today at my first Annual General meeting as Chief Executive Officer. Alongside me is Tonderai Maenzanise our Chief Financial Officer. We have achieved a lot in a short period of time since I took on the role in Februar
Slide 5: CEO's Address (continued)
subscription and data business. We are building an eco-system of integrated and complementary products that focus on providing Family Safety at all stages of life with freedom and peace of mind. We connect with families through our watches and companion apps, we connect with families through Spaceta
Slide 6: CEO's Address (continued)
our expenses, we run a tight ship with enhanced financial reporting and cost controls in place reflected by our improved cost to income ratio reduced to 80% from 157%. We raised $3.3m in a placement and rights issue to support us through to key goal of being cash positive in the second half of the y
Slide 7: CEO's Address (continued)
standard products and scalable processes with consistent quarterly free cash generation as we head towards $20-25m of ARR. We will focus on cost management as we look to efficiencies within the business particularly off shoring standard tasks, the automation of level one customer service enquiries a
Slide 8: Spacetalk Ltd. Annual General Meeting November 2023
For personal use only SPACETALK LTD. Annual General Meeting 16 November 2023 Safety at Every Stage of Life
Slide 9: Capturing the mobile technology opportunity at every stage of life
For personal use only Capturing the mobile technology opportunity at every stage of life
Slide 10: Transformation
Transformation For personal use only CEO and leadership have transformed Spacetalk since February 2023 • Communicated a focused strategic plan in May 2023 • Wound down unprofitable overseas operations • Strengthening of a subscription-based business model in ANZ • Recruited key personnel to execute
Slide 11: Spacetalk product suite & market opportunity
For personal use only Spacetalk product suite & market opportunity k al et ile .ca pac ob s alk m cet a sp b ile o m
Slide 12: Spacetalk's family safety technology business on a page
Spacetalk’s family Management Team Agenda safety technology business on a page For personal use only CEO ~ CEO Report CFO ~ Financial Update One Two Emotional Three Four Customer Five Established Theme: Experiences: Product Sets: Segments: Revenue Streams: COO ~ Operations and People & Culture Updat
Slide 13: Market opportunity
Market opportunity Management Team Agenda Addressing family safety needs For personal use only CEO ~ CEO Report 01. 02. 03. 04. Schools and Young Seniors & Employers Educators CFO ~ Financial Update Families Vulnerable Families & Workers We want to easily communicate I want to keep my kids safe, I w
Slide 14: FY23 Key financial metrics
FY23 Key financial Management For personal use only Team Agendametrics CEO ~ CEO Report +33% Growth +15ppts Growth +17% Growth ARR CFO ~ Financial Update Recurring Revenue Subscribers mix COO ~ Operations and People & Culture Update VP Sales – Retail Sales Update Total subscribers ~70,000 ARR $8.3m
Slide 15: Q1 FY24 Key financial metrics
Q1 FY24 Key financial metrics For personal use only +35% Growth +100% Growth 77ppts ARR Revenue improvement in CTI Ratio ARR $8.8m Revenue $3.6m Expenses of $2.9m › Continues to grow, underpinned by › Retailer collaboration drives increase in › Capability enhanced across key functions Spacetalk Mobi
Slide 16: Capital and Debt
Capital and Management For personal use only Debt Team Agenda CEO ~ CEO Report $3.3mCFO (before costs) raised Pure Debt facility ~ Financial Update in placement and rights restructure issue COO ~ Operations and People & Culture Update VP Sales – Retail Sales Update • Loans 1 maturity date extended t
Slide 17: Agenda
Management Team Agenda For personal use only CEO ~ CEO Report CFO ~ Financial Update COO ~ Operations and People & Culture Update VP Sales – Retail Sales Update CMO & Head of Digital ~ [Q4 Retail and Digital Plan plus Initiatives] (part VP Engineering ~ [Hardware Update, SIM Overview] (part) Operati
Slide 18: Strategy execution
Strategy execution Management For personal use only Team Agenda Horizon 1 May – December 2023 Capability Sales Products CEO ~ CEO Report Stated › Hire key executives › Increase Young Families sales, margins & › Adventurer 2 Watch objectives CFO ~ Financial Update › Build specialist capability lifeti
Slide 19: Key priorities
Key priorities Management For personal use only Team Agenda Horizon 2 November – May 2025 CEO ~ CEO Report CFO ~ Financial Update Capability Sales Products Stated COO ~ Operations › Deeper andand People broader expertise&toCulture Update › Optimise sales, margins and customer › New Spacetalk Mobile
Slide 20: Outlook
Outlook For personal use only • 2H24 cash flow positive • $20m - $25m ARR within 3 years • Innovation stream to identify unique IP • Focused execution • Effective cost management
Slide 21: Thank You
For personal use only Thank You Connected Families • Confident Kids • Safe Seniors
Slide 22: Spacetalk.co
For personal use only Spacetalk.co