X

SYDNEY: Technology company MGM Wireless is taking on the niche children’s market through its Spacetalk smartphone.

The device boosted MGM’s total revenue growth of 47 percent to $10.5 million for 2020.

Spacetalk is an all-in-one smartphone that incorporates a watch and GPS device.

It may be pitched to kids, but CDN knows a few adults that might also benefit from Spacetalk.

MGM said the revenue growth was driven by the coronavirus pandemic, which saw a sharp rise in January.

Mark Fortunatow, MGM CEO and co-founder, said the company’s monthly subscription-based AllMyTribe app also performed strongly throughout FY2020, growing annual revenue by 89 percent to $1.5 million, with a three-year compound annual growth rate of 398 percent.

Olimpia Splendid Unico Cooling 728x90 1 scaled Spacetalk Boosts MGM Wireless
BlueAnt PumpAirANC WebBanner 728x90 Spacetalk Boosts MGM Wireless
BEL2385 4SQ Dock Banners 4SQ 728x90 Spacetalk Boosts MGM Wireless
728x90 Spacetalk Boosts MGM Wireless
728x90 Spacetalk Boosts MGM Wireless
Martin Logan 728 x 90 Spacetalk Boosts MGM Wireless
Whatmough 728x90 Spacetalk Boosts MGM Wireless
240215 SAV R Volution CNewsFeb Leaderboard 1 Spacetalk Boosts MGM Wireless
SECURE 2024 Banner 728x90px scaled Spacetalk Boosts MGM Wireless
Leaderboard 728x90 Spacetalk Boosts MGM Wireless

YOU MAY ALSO LIKE