Key points
- ParaScript acquisition expected to complete within ten days
- Shareholder approval secured with 99.2% support for Placement securities
- Combined group positioned to meet FY2027 revenue and EBITDA targets
Full summary
Stakk Ltd is on the verge of finalizing its acquisition of ParaScript, LLC and ParaScript Management, Inc., expected to complete within the next ten days. The acquisition, valued at US$63.0 million, includes US$25.0 million in cash, US$18.0 million in shares, and US$20.0 million in deferred cash. All resolutions at the General Meeting were approved, including 99.2% support for the Placement securities and 98.4% for Consideration Shares. The completion represents a significant milestone, combining two complementary technology businesses to form a scaled Digital Trust platform. The combined entity is well-positioned to meet its FY2027 pro forma objectives of approximately A$55.2 million in revenue and A$18.5 million in EBITDA.
Guidance
FY2027 pro forma objectives: A$55.2 million revenue, A$18.5 million EBITDA
Outlook
Combined group well-positioned to meet, and potentially exceed, FY2027 revenue and EBITDA targets, supported by strong recurring revenue and client wins.