Spacetalk Ltd (SPA) - Net Assets
Based on the latest financial reports, Spacetalk Ltd (SPA) has net assets worth AU$-4.26 Million AUD (≈ $-3.02 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$8.60 Million ≈ $6.09 Million USD) and total liabilities (AU$12.86 Million ≈ $9.10 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Spacetalk Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-4.26 Million |
| % of Total Assets | -49.57% |
| Annual Growth Rate | N/A |
| 5-Year Change | -145.59% |
| 10-Year Change | -191.65% |
| Growth Volatility | 88.62 |
Spacetalk Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Spacetalk Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SPA asset base for the complete picture of this company's asset base.
Annual Net Assets for Spacetalk Ltd (2001–2025)
The table below shows the annual net assets of Spacetalk Ltd from 2001 to 2025. For live valuation and market cap data, see SPA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$-4.26 Million ≈ $-3.02 Million |
-10.37% |
| 2024-06-30 | AU$-3.86 Million ≈ $-2.73 Million |
-248.75% |
| 2023-06-30 | AU$-1.11 Million ≈ $-783.61K |
-108.87% |
| 2022-06-30 | AU$12.49 Million ≈ $8.83 Million |
+33.51% |
| 2021-06-30 | AU$9.35 Million ≈ $6.62 Million |
+12.49% |
| 2020-06-30 | AU$8.31 Million ≈ $5.88 Million |
+73.01% |
| 2019-06-30 | AU$4.80 Million ≈ $3.40 Million |
-15.10% |
| 2018-06-30 | AU$5.66 Million ≈ $4.00 Million |
+41.38% |
| 2017-06-30 | AU$4.00 Million ≈ $2.83 Million |
-13.94% |
| 2016-06-30 | AU$4.65 Million ≈ $3.29 Million |
+13.63% |
| 2015-06-30 | AU$4.09 Million ≈ $2.90 Million |
+33.90% |
| 2014-06-30 | AU$3.06 Million ≈ $2.16 Million |
+41.65% |
| 2013-06-30 | AU$2.16 Million ≈ $1.53 Million |
+70.39% |
| 2012-06-30 | AU$1.27 Million ≈ $896.23K |
+95.50% |
| 2011-06-30 | AU$647.90K ≈ $458.43K |
+224.92% |
| 2010-06-30 | AU$199.40K ≈ $141.09K |
+234.34% |
| 2009-06-30 | AU$-148.43K ≈ $-105.02K |
-194.64% |
| 2008-06-30 | AU$156.83K ≈ $110.97K |
-90.58% |
| 2007-06-30 | AU$1.67 Million ≈ $1.18 Million |
+51.89% |
| 2006-06-30 | AU$1.10 Million ≈ $775.85K |
-15.83% |
| 2005-06-30 | AU$1.30 Million ≈ $921.72K |
+5.11% |
| 2004-06-30 | AU$1.24 Million ≈ $876.91K |
+42.56% |
| 2003-06-30 | AU$869.33K ≈ $615.10K |
-46.36% |
| 2002-06-30 | AU$1.62 Million ≈ $1.15 Million |
+180.51% |
| 2001-06-30 | AU$577.75K ≈ $408.80K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Spacetalk Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4959900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$45.54 Million | % |
| Other Comprehensive Income | AU$276.00K | % |
| Total Equity | AU$-4.26 Million | 100.00% |
Spacetalk Ltd Competitors by Market Cap
The table below lists competitors of Spacetalk Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jayride Group Ltd
AU:JAY
|
$6.60 Million |
|
Suvidhaa Infoserve Limited
NSE:SUVIDHAA
|
$6.60 Million |
|
Equinox Resources Ltd
AU:EQN
|
$6.61 Million |
|
GR BUSSINES SO
F:INW
|
$6.61 Million |
|
Altheora SA
PA:ALORA
|
$6.59 Million |
|
Craneware Plc
LSE:CRW
|
$6.59 Million |
|
Avenir Telecom S.A
PA:AVT
|
$6.59 Million |
|
Syncona Limited
LSE:SYNC
|
$6.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spacetalk Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -3,862,320 to -4,263,000, a change of -400,680.
- Net loss of 4,544,000 reduced equity.
- Other comprehensive income decreased equity by 599,396.
- Other factors increased equity by 4,742,716.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.54 Million | -106.59% |
| Other Comprehensive Income | AU$-599.40K | -14.06% |
| Other Changes | AU$4.74 Million | +111.25% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares Spacetalk Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | AU$0.03 | AU$0.09 | x |
| 2002-06-30 | AU$0.08 | AU$0.09 | x |
| 2003-06-30 | AU$0.04 | AU$0.09 | x |
| 2004-06-30 | AU$0.03 | AU$0.09 | x |
| 2005-06-30 | AU$0.03 | AU$0.09 | x |
| 2006-06-30 | AU$0.02 | AU$0.09 | x |
| 2007-06-30 | AU$0.03 | AU$0.09 | x |
| 2008-06-30 | AU$0.00 | AU$0.09 | x |
| 2009-06-30 | AU$0.00 | AU$0.09 | x |
| 2010-06-30 | AU$0.00 | AU$0.09 | x |
| 2011-06-30 | AU$0.01 | AU$0.09 | x |
| 2012-06-30 | AU$0.02 | AU$0.09 | x |
| 2013-06-30 | AU$0.03 | AU$0.09 | x |
| 2014-06-30 | AU$0.04 | AU$0.09 | x |
| 2015-06-30 | AU$0.05 | AU$0.09 | x |
| 2016-06-30 | AU$0.05 | AU$0.09 | x |
| 2017-06-30 | AU$0.05 | AU$0.09 | x |
| 2018-06-30 | AU$0.06 | AU$0.09 | x |
| 2019-06-30 | AU$0.04 | AU$0.09 | x |
| 2020-06-30 | AU$0.06 | AU$0.09 | x |
| 2021-06-30 | AU$0.05 | AU$0.09 | x |
| 2022-06-30 | AU$0.07 | AU$0.09 | x |
| 2023-06-30 | AU$-0.01 | AU$0.09 | x |
| 2024-06-30 | AU$-0.03 | AU$0.09 | x |
| 2025-06-30 | AU$-0.07 | AU$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spacetalk Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.17%
- • Asset Turnover: 2.28x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-69.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -70.62% | -2400.00% | 0.01x | 2.74x | AU$-465.78K |
| 2002 | -43.19% | -958.90% | 0.04x | 1.10x | AU$-862.07K |
| 2003 | -86.43% | 0.00% | 0.00x | 1.01x | AU$-838.28K |
| 2004 | -46.80% | -176.86% | 0.25x | 1.06x | AU$-703.92K |
| 2005 | 0.40% | 0.49% | 0.69x | 1.17x | AU$-125.55K |
| 2006 | -57.30% | -32.07% | 1.41x | 1.27x | AU$-741.31K |
| 2007 | -47.07% | -35.88% | 1.06x | 1.24x | AU$-950.48K |
| 2008 | -1420.31% | -117.84% | 1.12x | 10.78x | AU$-2.24 Million |
| 2009 | 0.00% | -18.55% | 1.29x | 0.00x | AU$-335.27K |
| 2010 | 101.80% | 8.94% | 1.15x | 9.93x | AU$183.04K |
| 2011 | 39.66% | 10.75% | 1.24x | 2.98x | AU$192.15K |
| 2012 | 47.59% | 23.13% | 1.19x | 1.72x | AU$476.09K |
| 2013 | 30.48% | 27.63% | 0.82x | 1.35x | AU$442.01K |
| 2014 | 23.47% | 26.59% | 0.66x | 1.34x | AU$411.84K |
| 2015 | 25.45% | 33.00% | 0.61x | 1.26x | AU$632.45K |
| 2016 | 10.83% | 19.55% | 0.44x | 1.26x | AU$38.55K |
| 2017 | -13.34% | -20.32% | 0.50x | 1.30x | AU$-934.10K |
| 2018 | -19.97% | -41.18% | 0.42x | 1.16x | AU$-1.70 Million |
| 2019 | -97.58% | -68.28% | 0.90x | 1.60x | AU$-5.17 Million |
| 2020 | -51.31% | -40.68% | 0.98x | 1.29x | AU$-5.10 Million |
| 2021 | -19.04% | -11.78% | 0.94x | 1.71x | AU$-2.72 Million |
| 2022 | -50.47% | -42.35% | 0.67x | 1.78x | AU$-7.55 Million |
| 2023 | 0.00% | -109.40% | 1.22x | 0.00x | AU$-14.57 Million |
| 2024 | 0.00% | -35.63% | 2.23x | 0.00x | AU$-5.85 Million |
| 2025 | 0.00% | -23.17% | 2.28x | 0.00x | AU$-4.12 Million |
Industry Comparison
This section compares Spacetalk Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $158,737,936
- Average return on equity (ROE) among peers: -138.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spacetalk Ltd (SPA) | AU$-4.26 Million | -70.62% | N/A | $6.60 Million |
| Pentanet Ltd (5GG) | $26.07 Million | -19.61% | 0.13x | $6.74 Million |
| Aussie Broadband Ltd (ABB) | $59.55 Million | -7.55% | 0.96x | $1.10 Billion |
| Flexiroam Ltd (FRX) | $19.41 Million | 0.78% | 0.08x | $24.68 Million |
| Field Solutions Holdings Ltd (FSG) | $37.50 Million | -7.63% | 1.29x | $12.04 Million |
| Hubify Ltd (HFY) | $7.40 Million | -63.82% | 0.65x | $5.12 Million |
| Hutchison Telecommunications (Australia) Ltd (HTA) | $884.36 Million | -44.50% | 0.68x | $297.71 Million |
| Norwood Systems Ltd (NOR) | $-746.91K | 0.00% | 0.00x | $4.40 Million |
| Superloop Ltd (SLC) | $394.80 Million | -10.41% | 0.36x | $1.24 Billion |
| Spirit Technology Solutions Ltd (ST1) | $312.37K | -1092.31% | 0.38x | $74.68 Million |
About Spacetalk Ltd
Spacetalk Limited, a technology company, provides wearables, mobile devices, software, and services in Australia, the United States, New Zealand, and the United Kingdom. The company operates through Devices, Schools, MVNO, Apps, and Seniors segments. It also offers Spacetalk Kids and Spacetalk Adventurer, which are mobile phone, GPS tracker, and watch all-in-one wearable devices; Meet Spacetalk L… Read more