Combined FY2026 revenue lifts to A$45.0 million as Stakk and ParaScript beat deal assumptions
Stakk Ltd (ASX: SKK) has advised that combined unaudited pro forma FY2026 revenue rises to approximately A$45.0 million, materially above the A$41.3 million disclosed on 6 July 2026 when the proposed ParaScript acquisition was announced.
The upgrade follows completion of the FY2026 financial accounting processes for both companies. It represents an increase of approximately A$3.7 million, or 9%, in the combined group’s historical revenue profile.
Critically, both Stakk and ParaScript exceeded the FY2026 revenue assumptions that underpinned the proposed transaction. The revised figure reflects historical standalone performance only.
When big ASX news breaks, our subscribers know first
Breaking down the revenue upgrade
The updated pro forma figure draws on finalised revenue from each business. Stakk recorded unaudited FY2026 revenue of A$14.66 million, while ParaScript generated approximately A$30.35 million for the same period. Together, these lift the combined group’s unaudited pro forma FY2026 revenue to approximately A$45.0 million.
The original A$41.3 million estimate, disclosed on 6 July 2026, was based on management estimates available at the time together with third-party financial modelling. The unaudited results now show both businesses tracking ahead of those figures.
The ParaScript acquisition announcement on 6 July 2026 structured the US$63 million deal as US$25 million upfront cash, US$19 million in scrip, and US$19 million deferred across four annual instalments, with completion targeted for 14 August 2026 subject to shareholder and regulatory approvals.
| Metric | Figure |
|---|---|
| Stakk standalone revenue | A$14.66m |
| ParaScript revenue | ~A$30.35m |
| Combined pro forma FY2026 | ~A$45.0m |
| Previously disclosed (6 Jul 2026) | A$41.3m |
| Increase | ~A$3.7m (9%) |
For investors, the beat validates the financial assumptions management relied upon when negotiating the deal.
Why the “pro forma” figure is conservative
A pro forma revenue figure presents a combined view of two businesses as though the acquisition had been completed at the start of the financial year. In this case, that means adding Stakk’s standalone performance to ParaScript’s, covering the full FY2026 period.
Importantly, the A$45.0 million reflects historical standalone performance only. It excludes any contribution from the commercial opportunities the Board expects to follow completion of the transaction, including:
-
Cross-selling complementary technology solutions across the combined customer base
-
Product integration initiatives
-
Other strategic growth opportunities identified by the Board
This framing signals that the A$45.0 million functions as a base rather than a peak. Any synergy benefits from combining the two businesses would sit on top of this figure, though such benefits remain expected rather than realised at this stage.
What the combined group looks like
Stakk is an AI-native Digital Trust infrastructure provider serving regulated industries globally, including financial institutions, governments, healthcare providers, insurers and telecommunications companies. Its unified platform is designed to establish trust across every stage of a digital interaction, from identity verification and document authentication through to fraud prevention, transaction authorisation and contextual decisioning.
Following the ParaScript acquisition, the combined platform serves more than 300 enterprise customers across the United States, Europe, the Middle East and Australia, processing more than 100 billion digital interactions annually. The environment is SOC 2 Type II compliant, a security standard confirming that controls over customer data have been independently tested over time.
This scale and customer base underpin the cross-selling thesis referenced above, giving the enlarged group a broad platform across which to introduce complementary solutions.
The Board
The Board believes this outcome further validates the strategic rationale outlined in the acquisition announcement, with both businesses outperforming the financial assumptions used in negotiating the transaction.
What comes next for investors
The near-term catalyst is clear. The Company expects to release its preliminary FY2026 financial results later this month. As previously indicated, those results will be accompanied by unaudited pro forma consolidated financial information illustrating the performance of the combined group as though the acquisition had been completed at the commencement of FY2026.
Key watch points in the near term include:
-
Release of preliminary FY2026 results (this month)
-
Accompanying unaudited pro forma consolidated financials
-
Progress toward realising cross-sell and integration upside
With both businesses beating the assumptions used to structure the deal, the case for the enlarged group strengthens, and the expected synergy upside remains still to come.
For investors exploring how Stakk reached the A$14.66 million standalone revenue figure before the ParaScript deal closed, our full explainer on Stakk’s maiden profit forecast and contracted FY2027 pipeline covers the Q3 FY2026 cash receipts trajectory, the A$26 million annualised run-rate, and the contract-by-contract revenue build that underpins both the FY2026 result and the forward outlook.
Don’t Miss the Next ASX Tech Winner
Big News Blast delivers FREE breaking ASX tech news and in-depth analysis directly to your inbox within minutes of release. Join 20,000+ investors already staying ahead of the market. Click the “Free Alerts” button at StockWire X to get the next market-moving announcement the moment it drops.