Spacetalk (ASX:SPA) said its annual recurring revenue grew to AU$11.6 million in the fiscal third quarter ended March 31, up 21% from AU$9.6 million year on year, according to a Friday Australian bourse filing.
Paid mobile subscribers grew to 42,500 in the quarter, up from 29,000 last year, a 47% increase.
Revenue rose to AU$5.1 million in the quarter, up 26% from AU$4 million last year.
The company's shares fell 3% on market close.
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