SKK.ASX: Stakk Lands New Client Win Taking Revenue Run Rate to $26m

Stakk Lands New Client Win Taking Revenue Run Rate to $26m

Stock	SKK.ASX (SKK.ASX)
Release Time	2 Jun 2026, 9:02 a.m.
Price Sensitive	Yes

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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.