MGM Wireless, the maker of the Spacetalk all in one children’s smartphone, watch and GPS device, clocked up $10.5 million in revenue for the 2020 financial year - an increase of 47% - from global sales of Spacetalk for the 12-months to the end of June.
Ecommerce giant Amazon is signed up to sell MGM Wireless’ Spacetalk all-in-one kid’s smartphone watch and GPS device in the UK market, with MGM also announcing that it will continue to invest in other online and bricks-and-mortar sales and distribution channels in the country.
Australian-listed software technology company MGM Wireless has recorded total revenue growth of 47% to $10.5 million for 2020, despite experiencing a decrease in March - and then a rebound - in sales of its SPACETALK all in one children’s smartphone, watch and GPS device, due to the COVID-19 pandemic.
The RIAA is about to be schooled in the Streisand Effect.
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