Impressive..see the increase in revenue..
Highlights:• SPACETALK reports strong pre-Christmas sales peaking at 1,300 units a week• Approx. 15,100 SPACETALK units sold since the Oct-17 launch to date;− 10,989 units sold in 1H FY19− includes over 9,000 units sold leading into Christmas− over 10x the number sold in the same period last year− over 6x the number sold in the 9 months from launch to the end of FY18• Bricks and mortar retailers continue to re-order ahead of ‘back-to-school'• Post-Christmas sales continue in ‘back to school’ promotion• Recurring App revenue exceeded $30,000 per month in December with over 6,200 activesubscribers• Total Company 1H FY19 revenues exceeded $4.00 million (un-audited), an increase of 154%the same period in FY18• Cash balance circa $2.5 million (unaudited) at December 31• Negotiations underway with European telcos and retailers with first European launchexpected this financial year• MGM Supports NSW Government ban of mobile phones in primary schools
