Need to be careful with the analysis given SPA is still...

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    Need to be careful with the analysis given SPA is still essentially a retail business and everyone knows Q2 is the big one each year. For ARR performance Q2FY25 will be an important test. I accept that inventory build up is critical in Q1FY25 to deliver a strong Q2. SPA is diversifying revenue streams domestically and internationally without burning too much cash but it is still a retail business model. A lot to unpack in the 4C. DYOR.
 
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15.0¢
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Last trade - 14.06pm 28/07/2025 (20 minute delay) ?
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