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Stakk Limited (ASX:SKK)

ALERT: Price-sensitive ASX Announcement for SKK
Current share price for SKK : $0.018 -0.03 (-62.50%)+
Announcement
Release
23 Oct 2025 9:59AM
Price at Release
$0.048
Full Release
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Summary
Stakk Limited, trading on the ASX under the ticker SKK, has announced significant growth in its SaaS-based Embedded Finance platform, Stakk IQ™, during the calendar year 2025. The company has reported a substantial increase in active U.S. clients by 730% and an annual recurring revenue (ARR) growth of 312.5% to $4.5 million. The firm's strategic transformation from a consumer-focused business to a high-margin SaaS model has been successful, with a gross margin of approximately 78% and an ARR poised to exceed A$8 million by the end of 2025. Stakk has secured a robust pipeline of globally recognized clients, including major brands such as Robinhood and T-Mobile USA. The company is well-positioned for continued growth in the embedded finance market, targeting both the Australian and U.S. markets, with the global market expected to reach $100 billion by 2030. This achievement positions Stakk as one of Australia's fastest-growing fintech companies.
Key Points
  • Stakk Limited reported record SaaS revenue growth in CY25.
  • Active U.S. clients increased by 730%.
  • ARR rose by 312.5% to $4.5 million.
  • Successful business transformation to a SaaS model.
  • Strong gross margin of approximately 78%.
  • Secured major clients like Robinhood and T-Mobile USA.
  • Targeting global embedded finance market, projected to be $100 billion by 2030.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.