Tiger Brokers

Stakk Secures 100% of AU$55.2 Million Fiscal 2027 Revenue Guidance, Shares Up 12%

MT Newswires Live
Sep 24

Stakk (ASX:SKK) said its entire AU$55.2 million pro-forma consolidated revenue guidance for fiscal 2027 is now secured through recurring revenue under existing customer contracts, according to a Thursday Australian bourse filing.

The company said new international contracts are additional to the contracted revenue base underpinning fiscal 2027 forecast, with implementation expected to contribute to fiscal 2028 and onward.

Signed international contracts now extend Stakk's footprint across Thailand, Italy, Dubai, Ireland and Scotland, as demand grows outside the US, while its US operations continue to perform ahead of expectations, the filing added.

Singapore operations will start in November, Stakk added.

The company's shares rose 12% in recent Thursday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10