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An announcement from Douugh Ltd ( (AU:SKK) ) is now available.
Stakk Ltd reported a record monthly revenue of $575,000 in October, marking a 146% increase month-over-month and a 9,467% increase year-over-year. This significant growth is driven by strong organic growth and new client acquisitions, showcasing the rapid adoption of its SaaS-based embedded finance solutions. With a robust customer pipeline and a strong financial position, including $16 million in cash and a clean balance sheet, Stakk is well-positioned for continued expansion.
More about Douugh Ltd
Stakk Ltd is a leading provider of embedded-finance infrastructure, offering critical SaaS capabilities to over 210 banks, credit unions, neobanks, and fintech platforms across Australia and the United States. Through its modular Stakk IQ™ platform, the company delivers services such as mobile document capture, risk intelligence, authentication, transaction orchestration, settlement, and underwriting as plug-and-play solutions.
Average Trading Volume: 91,284,219
Current Market Cap: A$125.8M
For an in-depth examination of SKK stock, go to TipRanks’ Overview page.