Highlights

  • Net operating cash flow rose about 193.6% to $731,000, the second consecutive positive quarter.
  • Unaudited pro-forma Group revenue was $16.075 million for the quarter.
  • The ParaScript acquisition was completed on 14 September 2026 for total consideration of US$63.0 million.
  • Consolidated cash was $11.8 million at 30 September 2026.

Stakk Limited (ASX:SKK) has released its quarterly update for the three months ended 30 September 2026. The AI-focused digital trust company reported higher operating cash flow and completed its acquisition of ParaScript during the quarter.

Revenue and Cash Flow

Unaudited pro-forma Group revenue was $16.075 million, including $6.82 million from the underlying Stakk business and $9.26 million from ParaScript for the full quarter. Statutory receipts of $7.68 million include ParaScript only from 14 September 2026, which the company said explains the gap between revenue and receipts.

Net operating cash flow was $731,000, up about 193.6% from $249,000 in the June quarter. This was the company's second consecutive quarter of positive operating cash flow.

ParaScript Acquisition

Stakk completed its acquisition of ParaScript, LLC and ParaScript Management, Inc. on 14 September 2026. Total consideration was US$63.0 million, made up of US$25.0 million in cash, US$18.0 million in Stakk shares and a US$20.0 million Seller's Note.

The acquisition was supported by a $27.0 million institutional placement and $5.0 million in loans. The December 2026 quarter will be the first full quarter of consolidated cash flow reporting for both businesses.

Financial Position and Outlook

Consolidated cash was $11.8 million at 30 September 2026, after $37.2 million in acquisition-related outflows. Facilities total $33.8 million, including the Seller's Note at 10.8% per annum with quarterly repayments starting 14 December 2026. Three of the short-term loans were repaid on 7 October 2026.

Executive Director Arthur Lo said the acquisition marks a new phase of scale and commercial opportunity. He cited major customer wins, contract renewals and a growing pipeline, and said further commercial agreements are expected this quarter.

Key Takeaways

  • Stakk reported its second consecutive quarter of positive operating cash flow.
  • The ParaScript acquisition significantly increases the group's revenue base.
  • The December quarter will be the first full consolidated reporting period.
  • The Seller's Note introduces scheduled repayments from December 2026.