Daily Roundup

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Stakk is making a major play in the digital trust space with a US$63 million acquisition of ParaScript. The deal will add over 100 billion digital interactions annually to Stakk's platform, positioning the company as one of the world's largest AI-native Digital Trust infrastructures. The combined business is expected to generate around A$41.3 million in revenue and A$12.3 million in EBITDA for FY2026. With the Digital Trust market projected to exceed US$466 billion by 2032, the acquisition should prove immediately earnings accretive and give Stakk a strong foothold in a rapidly expanding sector. The transaction still needs shareholder approval and customary closing conditions to move forward.

On the gold mining front, it's been a strong finish to the financial year for several producers. Regis Resources hit the top end of its FY26 guidance, delivering 379,000 ounces of gold for the year with a stellar quarterly production of 101,500 ounces—a 12% jump from the previous quarter. The company is sitting pretty with $1.21 billion in cash and bullion as of June 30, having built up $692 million over the full year despite paying out dividends and taxes. Capricorn Metals also delivered, producing 123,589 ounces at the Karlawinda Gold Project, landing squarely at the top end of its 115,000 to 125,000 ounce guidance range. All-in sustaining costs are tracking within the expected $1,530 to $1,630 per ounce range.

However, not all news from the sector is rosy. Regis Resources is now dealing with a competing proposal for its merger with Vault Minerals. Genesis Minerals has tabled an offer that Vault considers superior, triggering the matching rights regime in their deal. Regis has five business days to decide whether to counter with its own proposal or walk away.

Atomos Ltd reported a mixed trading update for FY26, revealing that while the company launched three new products and completed its acquisition of Flanders Scientific in April, sales fell short of expectations. The company now anticipates FY26 sales of around $40 million—notably lower than the previous guidance of $23.7 million for the second half. The shortfall stems from delayed shipments and softer consumer demand. On the bright side, EBITDA is expected to land between $2.5 million and $3.5 million, and the company sees improved contribution margins continuing forward.

In the water treatment space, Fluence Corporation is expanding its footprint in Southeast Asia. The company has secured two seawater desalination contracts in Vietnam worth approximately US$3.7 million. Working with SWater Kankyo Corporation, Fluence will design and supply water treatment plants on Phu Quoc Island capable of producing up to 7,500 cubic meters of potable water daily. Both projects are slated for completion before the end of 2026, showcasing the company's ability to meet tight delivery timelines in a region facing growing water scarcity challenges.