Daily Roundup

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Stakk is making a major push into AI-powered digital trust with its 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 players in this space. 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, this acquisition is expected to be immediately earnings accretive and give Stakk a solid foothold in a rapidly expanding sector. The transaction still needs shareholder approval to close.

Gold miners are wrapping up a strong financial year. Regis Resources hit the top end of its FY26 guidance, producing 379,000 ounces of gold for the year. The company's June quarter was particularly impressive, with production jumping 12% to 101,500 ounces. Regis now has $1.21 billion in cash and bullion on hand, up $692 million over the full year despite paying out dividends and taxes. Meanwhile, Capricorn Metals also delivered at the upper end of guidance at its Karlawinda Gold Project, producing 123,589 ounces for FY26. The company achieved this while simultaneously advancing its expansion project, with ore already being placed on ROM 2 ahead of commissioning.

However, not all updates are rosy. Atomos Ltd reported a mixed FY26 trading update, with sales falling short of expectations. The company now anticipates around $40 million in sales for the year, down from previous guidance of $23.7 million for the second half. The shortfall stems from delayed shipments and softer consumer demand, though Atomos did launch three new products and complete its acquisition of Flanders Scientific in April. The company expects FY26 EBITDA to land between $2.5 million and $3.5 million, with improved contribution margins expected to continue going forward.

Fluence Corporation is making waves in Southeast Asia's water sector. The company 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 that will produce up to 7,500 cubic meters of potable water daily. Both projects are slated to be operational before the end of 2026, showcasing Fluence's ability to execute on tight timelines in a region with growing demand for sustainable water solutions.

On the M&A front, Regis Resources is facing a competing proposal. Vault Minerals has informed Regis that it's received a superior proposal from Genesis Minerals under their merger-of-equals agreement. Regis now has five business days to decide whether to submit a counterproposal, and the company is currently evaluating its options under the matching rights regime outlined in their scheme implementation deed.