• Continued revenue expansion, with 222% Compounded Quarterly Growth Rate in 2025
• Materially strengthened balance sheet, with cash and cash equivalents of $15.1 million
• Accounting refinement related to R-DBX acquisition

Stakk Limited (ASX:SKK) today lodged its Half-Year Financial Report for the six months ended 31 December 2025, reflecting continued expansion of recurring revenue, a materially strengthened balance sheet and a technical accounting refinement relating to the Radical-DBX (R-DBX) acquisition completed on 28 December 2024. During calendar year 2025, Stakk generated $3.56 million in booked revenue, reflecting a Compounded Quarterly Growth Rate (CQGR) of 222%. Revenue momentum has been driven by enterprise deployment across Tier-1 U.S. clients and increasing platform usage across onboarding, payment, and transaction processing workflows. As at 31 December 2025, Stakk achieved a headline Annual Recurring Revenue (ARR) run-rate of $8.53 million. The Company's balance sheet strengthened materially during the period, with current assets of $16.8 million and cash and cash equivalents of $15.1 million at period end. Total liabilities decreased to $2.4 million, and net assets increased to $26.7 million. During the finalisation of the Half-Year Financial Report, the Company reassessed the classification of contingent consideration arising from the R-DBX acquisition, determining that the contingent consideration satisfies equity classification. This adjustment has no impact on cash or operations and does not affect the current reporting period other than through corrected opening equity balances.

The Company has articulated a clear objective to achieve a $15.0 million ARR run-rate by 30 June 2026, supported by conversion of signed-but-not-live contracts, continued enterprise pipeline execution and high-margin product upsell initiatives.

Management remains focused on disciplined execution and scaling ARR toward sustained profitability. The Company remains on track toward profitability in CY26.