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Stakk Limited (ASX:SKK)

ALERT: Price-sensitive ASX Announcement for SKK
Current share price for SKK : $0.024 0.004 (20%)+
Announcement
Release
28 Apr 2026 8:55AM
Price at Release
$0.020
Full Release
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Summary
Stakk Limited announced a substantial quarterly revenue increase to $5.52 million, reflecting a 186% growth compared to the preceding quarter. This growth is largely driven by the conversion of client wins into active billing, with the company's AI-native technology being critical for regulated industries. Stakk has maintained a zero-churn client base and continues to expand its recurring revenue base. The company operates with a gross margin over 85%, demonstrating its efficient and scalable model. In addition, Stakk is on track to convert A$2.7 million in annualised recurring revenue into active billing in the near future, ensuring continued growth. Financially, the quarter saw cash receipts aligning with revenue, and net cash increasing significantly, reinforcing its robust cash flow management.
Key Points
  • Stakk reports a quarterly revenue of $5.52 million, a 186% increase from the previous quarter.
  • The company's revenue is predominantly recurring, with a zero-churn client book over the past 24 months.
  • Gross margin exceeds 85%, highlighting the scalability and quality of earnings.
  • Approximately A$2.7 million in annualised recurring revenue is expected to convert to active billing in the next 120 days.
  • Cash receipts for the quarter were $5.36 million, closely aligned with booked revenue.
  • Net cash increased by $2.25 million, improving from the previous quarter's outflow.
  • Stakk's AI-native execution-layer capabilities are driving client acquisition and revenue growth.
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.