Stakk Announces New Client Win, Boosting Revenue Run Rate to $26m
Key points
- Stakk signs new U.S. healthcare technology customer
- Expected to contribute A$3.85m in annual revenue
- Annualised revenue run rate increased to A$26m
Full summary
Stakk Ltd (ASX: SKK) announced that its U.S. subsidiary, Stakk IQ, Inc., has secured a new enterprise client in the healthcare technology sector. This new customer is expected to contribute approximately A$3.85 million (US$2.75 million) annually, increasing Stakk's annualised revenue run rate to approximately A$26.0 million. The agreement, signed on 29 May 2026, includes a Master Services Agreement and a Service Order Form with an initial term of two years. The deployment will involve implementing customized trust and decisioning workflows to validate user credentials in healthcare services, furthering Stakk's strategy of deploying AI-native Digital Trust infrastructure across regulated industries.
Guidance
Annualised revenue run rate increased by 2,067% to A$26m from A$1.2m in Dec 2024
Outlook
The first quarterly payment is expected before 30 June 2026, impacting the FY26 cash position.
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