Stakk Reports $5.52m Quarterly Revenue
| Stock | SKK.ASX (SKK.ASX) |
|---|---|
| Release Time | 28 Apr 2026, 8:55 a.m. |
| Price Sensitive | Yes |
Stakk Reports $5.52m Quarterly Revenue
- Step-change revenue growth of 186% QoQ
- Zero churn client base over past 24 months
- Gross margin exceeding 85%, demonstrating scalable, high-quality earnings profile
Stakk Limited (ASX: SKK), a leading AI-native trust and decisioning infrastructure provider for regulated industries, has reported unaudited revenue of $5.52 million for the quarter ended 31 March 2026, representing a material increase of approximately 186% from $1.93 million in the prior quarter. This step-change in revenue growth was primarily driven by the conversion of previously announced client wins from implementation into active billing, supplemented by contributions from new client engagements secured during the period. The revenue generated during the quarter is predominantly recurring in nature, reflecting continued expansion of the company's annualised recurring revenue base, with Stakk maintaining a zero-churn client book over the past 24 months. The company's gross margin exceeded 85%, demonstrating the scalability and high-quality of its earnings profile. Stakk also has approximately A$2.7 million in annualised recurring revenue that is contracted and currently in implementation, expected to convert to active billing over the next 120 days as implementation milestones are completed. The company's pipeline expansion and revenue growth are being driven by its differentiated, AI-native execution-layer capabilities, enabling real-time, pre-exposure decisioning across regulated digital interactions. The board considers the company's performance during the quarter to validate both its strategic execution and underlying demand, with the step-change in revenue, strong cash conversion, high margins and growing contracted revenue base positioning Stakk to continue scaling with increasing financial strength.
The company generated revenue of $5.52 million for the quarter ended 31 March 2026, representing a 186% increase from the prior quarter.
Stakk's pipeline expansion and revenue growth are being driven by its differentiated, AI-native execution-layer capabilities, enabling real-time, pre-exposure decisioning across regulated digital interactions. The company is well-positioned to continue scaling with increasing financial strength.