
Stakk (ASX:SKK) announced it expects to report its first operating profit for the 2026 financial year alongside a projected FY27 revenue of approximately $21.8 million.
The company stated that the FY27 revenue forecast is based solely on executed customer agreements already disclosed to the market.
The company reported that its annualised revenue run-rate reached $26 million, up from a $15 million target announced in January.
Stakk also confirmed it recently received two milestone payments totalling US$3.7 million from previously disclosed customer contract wins.
The business stated that gross margins continue to remain at approximately 85% due to its recurring revenue model.