Australia's Stakk extends gains on CY25 revenue boost

Stakk

24/10/2025 04:19

** Shares of Australia's Stakk Ltd SKK.AX rise as much as 15.7% to A$0.059, the highest level since October 7

** SKK on track to log its third straight session of gains

** Stock has risen 11.3% so far in the week, and is set to record its best week in three

** Banking solutions provider on Thursday said  its annual recurring revenue (ARR) jumped by 312.5% to A$4.5 million  ($2.92 million) in CY25

** Added it expects annual recurring revenue to exceed A$8.0 million by December 31

** Stock has risen 742.9% this year, including the day's gains

($1 = 1.5389 Australian dollars)

(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))