Business · Companies · 9 hrs ago

Stakk reports A$16.1m in quarterly pro-forma revenue

Stakk reports A$16.1m in quarterly pro-forma revenue

Stakk, an Australian company listed on the ASX, reported A$16.1 million in pro-forma revenue for the three months to September 30.

That was about 16.5% higher than in the previous quarter.

The company says customer contracts are starting to generate recurring revenue as deployments move into production.

Stakk has kept its FY2027 objectives unchanged: about A$55.2 million in revenue and A$18.5 million in EBITDA.

Its annualised revenue pace of A$64.3 million is an illustration, not new guidance or a forecast.

The company says existing contracts support its FY2027 revenue objective, but it still needs to deliver and recognise that revenue.

It expects customer wins and cross-selling, including through its ParaScript acquisition, to contribute more substantially in FY2028.

Stakk sells tools for checking documents and identities and preventing fraud, an area facing growing demand as reported fraud losses and deepfake-related threats rise.

Sources

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