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Spacetalk’s (ASX:SPA) child-friendly smartphone-watch set to launch in the UK

By InvestmentNo Comments


Spacetalk (SPA) has inked a commercial agreement to roll out its range of smartphone GPS watches for children, across stores in the UK.

The deal between Telefónica UK (O2) and Spacetalk’s UK distributor will see the ‘Adventurer’ smartphone watch for kids stocked in all O2 branded stores in the UK and online, with the launch set for quarter one, 2022.

O2 is the UK’s largest network with more than 36 million connections, providing 2G, 3G, 4G and 5G services and operating a nationwide O2 Wifi service.

SPA said the financial impact of selling through O2 is currently unknown, with no guaranteed or minimum level of revenue, however, the company expects there will be a direct positive impact on its total revenue.

Spacetalk’s range of smartphone GPS watches for children and seniors, provide a secure way for families to connect and include a range of different interactive features.

The ‘Adventurer’ is the premium version of the watch, offering more features than the standard watch, including a longer battery life, camera and Bluetooth.

Adventurer will mark O2’s first entry into the kids’ smartphone watches category, with O2 supporting the launch of Spacetalk across all of its consumer channels.

Additionally, the device will be available on O2’s custom payment plans available over three and up to 36 months.

Spacetalk’s CEO Mark Fortunatow said the company will benefit from O2’s customer reach and by having a “bricks-and-mortar” retail presence throughout the UK, which he said is “critical to effectively marketing and growing the category, and building consumer awareness of Spacetalk products”.

Shares were trading 12.9 per cent higher at 17.5 cents at 2:46pm AEST.

Spark Your Child’s Imagination With The New Spacetalk Adventurer Smartwatch, Now Available From O2

By InvestmentNo Comments


The Spacetalk Adventurer, a brand-new smartwatch and phone designed to give children freedom and their parents more peace of mind, is now available to purchase on O2 custom plans.

An all-in-one smartwatch, 4G phone and GPS device, the Spacetalk Adventurer is packed with cool features designed to give kids the confidence to go explore and seek out new adventures. There’s a 5MP camera for any budding photographers to capture their favourite memories, while a heart rate monitor and step counter can help young explorers keep an eye on their fitness.

The Spacetalk Adventurer has no open access to the internet or social media, meaning children won’t be distracted or exposed to any age-inappropriate content. A School Mode limits which features can be used during school hours so kids can focus on their studies while Reward Stars for good behaviour help to motivate children to complete their chores and set themselves goals to achieve.

Available in three standout colours – Midnight, Ocean and Coral – the Spacetalk Adventurer is not just fashionable but also robust enough to survive the rough and tumble of exploration, being dustproof, splashproof and protected for up to 30 minutes underwater to a depth of one metre. The ultra-long battery life means the device will keep up with even the most active kids, making this the perfect first phone.

4G calls, SMS, chat and accurate GPS technology keeps children connected to those who matter most. In terms of safety, there’s a Safe Contacts list that is pre-approved by parents, and an SOS Alert button which sends an alert to parents with their child’s exact location should they ever find themselves lost or in need of help.

For additional peace of mind, parents can manage everything on the device via the Spacetalk App, from approving the Safe Contacts list and monitoring their child’s location thanks to GPS technology. The app can even be installed on multiple devices so parents, grandparents – and even the whole family – can stay connected.

Spacetalk Adventurer Kids smartwatch retails at £189.  O2 customers can get their hands on the Spacetalk Adventurer smartwatch, with no upfront cost, on a 24 month custom plan for £7.88 a month with a £5 monthly airtime plan, including unlimited minutes, unlimited texts and 1GB of data as well as inclusive access to the exclusive Spacetalk parental control app (standard price £3.99 per month). Anyone who purchases the device before 6 October 2021 will also receive free airtime for the first three months.

O2’s custom plans allow customers to get the device their heart is set on at a more affordable rate, with the ability to choose how much they want to pay upfront, the length of their Device Plan, and the option to flex their data allowance up or down every month to suit their needs from a family of tariffs.

Spacetalk (ASX:SPA) breaks revenue records

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Spacetalk (SPA) has reported record revenue for the last quarter of the 2021 financial year.

The communications solutions company achieved $3 million in revenue, up 182 per cent compared to this time last year.

Spacetalk said the revenue had come from strong demand for its devices and continued growth in its app.

Device sales bought in revenue of $1.7 million, up 1600 per cent on the previous corresponding period.

App subscriptions revenue for the quarter was $670,000, up 86 per cent.

Cash burn for the fourth quarter was about $700,000 and cash balance at the end of the period was more than $4.2 million.

Spacetalk is expecting its full 2021 year revenue to hit $15.1 million, an all-time high and be up 43 per cent from the 2020 financial year.

CEO Mark Fortunatow is pleased with the results from the quarter.

“Q4 and FY21 delivered record revenue driven by a combination of strong demand and sell-through of our devices, continued growth in app revenue and the onboarding of large new tier-1 partners,” he said.

“Our new partnerships with some of the world’s largest telcos – including Telstra, Telefonica UK (O2) and Virgin UK – bears testament to the strong growth in the kids smartphone watch category and their urgent focus on participating in it; importantly, with us.

“Spacetalk is the first and presently sole offering in the category of these new partner telcos – a strong worldwide endorsement of the quality, reliability and customer appeal of our devices and app.”

This afternoon, Spacetalk was up 5.71 per cent on the market and is trading at 18.5 cents per share at 2:47 pm AEST.

Sky UK set to sell Spacetalk’s (ASX:SPA) Adventurer device

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Sky UK is set to begin selling Spacetalk’s (SPA) Adventurer range of kids’ smartphone watches both in store and online from Q1 FY22.

Spacetalk first launched with Sky in late 2019 and despite challenges arising from COVID-19, awareness of the brand has continued to grow and sales are increasing.

Spacetalk Adventurer is the company’s next-generation 4G smartphone watch for kids aged between five to 12.

These watches allow parents to communicate with their children without allowing access to the internet meaning apps such as Facebook, Instagram and Snapchat.

Parents are also able to block calls and messages from unknown numbers and will be notified if any try to call.

Currently, there is no guaranteed or minimum level of revenue, however, Spacetalk expects sales to have a positive impact on revenue.

“We are pleased to be expanding Spacetalk’s range across Sky’s UK shops and online. When Sky first launched Spacetalk’s original kids’ smartphone watch in late 2019, sales were unfortunately impacted by the restrictions introduced to limit the spread of COVID-19,” CEO Mark Fortunatow said.

“Despite these challenges, we’ve seen the continued strong growth of Spacetalk in ANZ and the successful launch and uptake of Adventurer by consumers and new tier-1 telcos and mass market retailers.”

Spacetalk was up 3.33 per cent on the market with shares trading at 15.5 cents at 11:25 am AEST.

Spacetalk (ASX:SPA) share price surges 77{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6} on Telstra deal

By InvestmentNo Comments

Source: Yahoo

The Spacetalk Ltd (ASX: SPA) share price is in the stratosphere today. At the time of writing, shares in the technology company are swapping hands for 19.5 cents each. That’s more than 77{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6} higher than their last closing price of 11 cents before they entered a trading halt earlier this week.

For comparison, the All Ordinaries Index (ASX: XAO) is currently down 0.56{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6}.

The monumental rise comes after investors reacted positively to news of a commercial deal with Telstra Corporation Ltd (ASX: TLS) and a $5 million loan facility from PURE Asset Management Pty Ltd.

Let’s take a closer look at what the company announced today.

Spacetalk share price explodes on Telstra deal

The Spacetalk share price on an absolute tear today. In a statement to the ASX, Spacetalk declared Telstra had agreed to sell its Adventurer devices in all retail stores, and online, by April 2021.

The device will be placed in Telstra’s core wearables range after it is configured for the Telstra network.

According to Spacetalk, Telstra plans to aggressively market the devices. It intends to use influencer channels, digital advertising, in-person pitching, and billboard placement within stores.

Telstra will sell the technology outright or through payment plans. It also plans to roll out an Adventurer-specific SIM service plan in the near future.

Speaking on the news, Spacetalk CEO Mark Fortunatow said:

We are delighted by the ranging of Spacetalk Adventurer with Telstra, Australia’s leading telecommunications and technology company.

This is a very strong endorsement of the quality of Spacetalk devices, with Adventurer to be placed on Telstra’s core wearable device range. It is also a recognition by Telstra of the growing market and customer need for Spacetalk devices, and our leadership in the category of kids connected smartwatches. Needless to say, we are extremely excited by the enhanced brand recognition and sales growth we expect from extending our customer reach with Australia’s largest MNO [mobile network operator].

Telstra retail and regional executive Fiona Hayes also said:

Smartwatches are the fastest growing market for wearables globally and the addition of Spacetalk will strengthen Telstra’s connected smartwatches offering. Spacetalk is a market leader in Australia in connected smartwatches for children and seniors, providing a practical solution for families to stay connected.

The loan facility

In a second announcement, Spacetalk also told the market it has secured a $5 million loan from PURE Asset Management. The credit will be available for immediate use.

The loan is split into two components:

  1. A $3 million term loan facility at 9.5{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6} interest with an option obligating Spacetalk to issue 11 million shares to PURE at a value of 30 cents each.
  2. A $2 million bridging facility at 12.5{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6} interest.

The term loan will span four years while the bridging facility will last two years. The company will use the credit to purchase inventory, invest in its brand, and for a range of other purposes.

Spacetalk and Telstra share price snapshots

Over the last 12-months, the Spacetalk share price has increased by around 117{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6}. Most of these gains, however, occurred today. One year ago, the company’s share price was 9 cents. On Tuesday this week, it closed at 11 cents.

The Telstra share price is currently up a much more modest 0.47{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6} today. At the time of writing, shares in the telecom giant were selling for $3.205. Compared to this time last year, Telstra shares have remained relatively flat – losing around 2{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6} of their value. The Telstra share price has, however, gained around 19{4e6551b68a8c44a3218a1bdb567c0035ea59d15cd4a5ba054a936c3b201ae5d6} since reaching its 52-week low in October last year.

Spacetalk and Telstra have current market capitalisations of $30.6 million and $37.8 billion respectively.

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Tim Boreham’s 21 stocks that are primed to run in 2021

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Tim Boreham is one of Australia’s best-known small-cap share analysts and business journalists. He has more than 30 years of experience writing for major business publications. He is known for the highly-respected Criterion investment column which ran for many years in The Australian newspaper. And, of course, Dr Boreham’s Crucible

After a year of more corporate and market pivots and pirouettes than a pre-lockdown Bolshoi ballet training class, many investors will be wondering where to find value in a remarkably resilient market.

At the time of writing, the local bourse looked like ending steady for the year despite the earnings hit across so many key sector including banking, tourism and transport.

Rock bottom interest rates may well be enough to prop up the market, but the expert consensus – if there is such a thing – is that it’s hard to see equities surging much more from here.

What’s more, pandemic ‘hero’ stocks such as online retailers might struggle as their sales numbers are compared against their bloated lockdown figures.

As always, there are hidden gems on offer among the small to mid caps for investors willing to dig a little bit deeper.

For those who prefer to flop back and watch the cricket, we have done the work for them.

Courtesy of a motley array of brokers, advisers, soothsayers and corporate hangers-on, here are 21 stocks that look primed to pop in 2021. Well, 11 – the other 10 will be published tomorrow, as we know holiday season attention spans are somewhat shorter.


RareX (ASX: REE) – market cap $47 million

Elon Musk’s electric vehicle (EV) maker Tesla is now worth more than $US600 billion ($810bn), prompting renewed buying support for the battery materials stocks.

The argument goes that if Tesla is worth that much, the EV and energy storage revolution must be real – and hence a voracious need for lithium and graphite despite price weakness across these commodities.

Rare earths are also required in not just EV motors, but wind turbines. That’s why leading rare earths stock Lynas Corp has performed strongly.

For those who prefer getting on at the basement, junior RareX has a known resource in the Kimberley region of WA and is doing something that hasn’t been done for years – exploring for new deposits.

Trade fears around the China supply chain have emerged in recent times, adding a strategic leg to the rare earths demand story.


Neometals (ASX: NMT) – $125 million

While lithium-ion batteries are at the forefront of the EV push, eventually they expire and need to be disposed of. And despite the green-friendly reputation of renewable, these batteries contain hazardous materials.

The lithium hard rock miner divined the winds of changed and turned to both energy storage and eco-friendly materials recovery.

Neometals’ proposed European plants will recover graphite lithium, cobalt and nickel from recycling batteries, as well as vanadium from slag stockpiled at steel mills in Sweden and Finland.

What distinguished Neometals from so many other tech hopefuls is its robust cash balance of $77 million.


Hazer Group (ASX: HZR) – $100 million

Despite the zeal for hydrogen’s role as a form of stored energy, the Perth based Hazer is the only pure-play hydrogen stock on the ASX. Hazer is commercialising its eponymous process that uses iron ore as a catalyst to produce hydrogen and useful graphite – rather than CO2 – from methane.

The most common existing process involved superheating natural gas, but this releases enormous amounts of CO2.

Hazer is building a $15.8 million demonstration plant at Perth’s Woodman Point wastewater treatment plant.


Vanguard Ethically Conscious Australian Shares ETF (ASX: VETH)

Renewables aside, ‘woke’ investors increasingly are seeking to expunge companies with poor environmental, social and governance standards from their portfolios.

But it’s also a problematic field given the various definitions of what practices are acceptable. For example, is BHP knocked out because it mines a bit (ok, a lot) of uranium on the side?

To make things easier, the recently launched Vanguard Ethically Conscious Australian Shares ETF has diversified exposure across about 240 ASX-listed stocks, but filters out those involved in areas such as fossil fuels, alcohol, tobacco, gambling, weapons, nuclear power and adult entertainment.

That about covers the A to Z of vices.


Antipa Minerals (ASX: AZY) – $110 million

For fans of ‘nearology’, explorer Antipa has been focused on WA’s remote Paterson gold and copper province, which has become a hotspot thanks to Rio Tinto’s Winu discovery and the Havieron find by the Newcrest/Greatland joint venture.

Antipa’s first-mover advantage meant it secured highly prospective ground before anyone else.

Antipa has farm-in agreements with Rio, Newcrest and IGO Limited, who have agreed to spend $20 million over the next two years.

The farm-in conditions mean Antipa’s exposure reduces the more money the joint partners spend. But there is nothing wrong with a junior owning 30 per cent of the next big discovery.


Dart Mining (ASX: DTM) – $17 million

This one’s an early-stage entry into the go-go Victorian gold sector, without the (arguably) frothy valuations of the later stage plays.

After a recent $5 million fund raising, Dart is drilling across several tenements. Its main focus to date, Buckland is suspected to be the source of alluvial gold taken from Buckland and Ovens rivers.

Further north east, Dart is probing the idea that gold extends undercover on the extension of the Lachlan Fold, which hosts the Newcrest Mining’s Cadia gold-copper mine near Orange.


Alderan Resources (ASX: AL8) – $26 million

There is hope yet for shareholders in US copper/gold explorer which peaked at $2 a share in 2017, on hype around its Utah exploration effort.

Now trading at less than 10c a share, Alderan is developing a following on the back of its Frisco copper/gold project – in partnership with no less than Rio Tinto’s copper arm Kennecott.

After getting some nice hits in the first holes for the joint venture at Frisco, Kennecott expanded the planned scope of the 2021 drilling program. It’s one to watch.


Motorcycle Holdings (ASX: MOT) – $150 million

Bikers might have been locked down during the pandemic but they were still eyeing the lure of the open road.

The country’s biggest motorbike dealership, Motorcycle Holdings recorded June half sales increase of 35 per cent, led by off-road and all-terrain vehicles.

Broker Moelis factors in an underlying net profit of $18.7 million for the year to June 2021, 20 per cent higher than previously.

The stock yields 5 per cent.


Beam Communications (ASX: BCC) – $24 million

The only ASX-listed developer of mobile satellite equipment, Beam sells its off-the-grid communications devices through retailers such as Kogan, Catch and Anaconda and also owns the SatPhone shops chain.

Despite the pandemic, the company posted a $3 million of underlying earnings in the 2019-20 year, up 43 per cent.

In October, Beam raised $5 million in an oversubscribed placement.

Beam looks a likely winner of the post-lockdown era as adventurers avail of their newly-restored freedom to roam.


Spacetalk (ASX: SPA) – $20 million

Formerly known as MWR Communications, Spacetalk last month changed its moniker to reflect its lead wearable devices that keep primary school kids safe through GPS tracking and a call function to trusted parties only.

Think of the watches as a ‘gateway device’ to the real thing when they hit their teens.

Spacetalk is now targeting the over 65s audience with a more expensive variant to allow monitoring of vulnerable relatives.

Spacetalk’s stagnant share price over the last year does not reflect its stellar progress.


Jayride (ASX: JAY) – $12 million

As a facilitator of transport to and from airports, Jayride was in the eye of the virus storm and its share price suffered accordingly (down 70 per cent for the year).

But revenue improved in October – up 27 per cent – and the company has replenished its coffers with a $2.5 million capital raising.

Jayride’s platform allows users to compare 3700 services to 1600 airports in 110 countries. Jayride, naturally, clips the ticket on each ride.

The author is not a licensed financial adviser and the contents of this article should not be construed as financial advice. Readers should consult their own tea leaves or seek professional counsel.

The views, information, or opinions expressed in the interview in this article are solely those of the interviewee and do not represent the views of Stockhead.

Stockhead has not provided, endorsed or otherwise assumed responsibility for any financial product advice contained in this article.