)
Straker (STG) investor relations material
Straker H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Strategic pivot from legacy translation services to an AI-native, high-margin, scalable model, validated by a renewed NZD 28 million ($28M) IBM contract over three years.
Transitioning customers to proprietary AI platforms, with short-term revenue impact but long-term recurring revenue foundation.
Embedded partnership with IBM enables co-development of specialized Small Language Models (SLMs) and access to global distribution channels.
Positive adjusted EBITDA of $0.53 million and statutory net loss after tax improved to $1.275 million, with a strong cash position of $8.7 million and zero debt.
Focus on expanding AI product suite and leveraging IBM partnership for growth.
Financial highlights
Half-year revenue was $19.3 million, down 15% year-over-year, mainly due to softer language services demand and attrition in legacy enterprise TMS customers.
Gross margin remained strong at 66–66.4%, reflecting workflow optimization and early AI integration.
Adjusted EBITDA was $0.53 million, maintaining profitability despite revenue decline; statutory net loss improved by 76% to $1.275 million.
Operating expenses increased 5% due to higher R&D, but underlying operating expenses reduced by 5% year-over-year from headcount efficiencies.
No impairment charges or amortization of acquired intangibles; software development amortization increased modestly.
Outlook and guidance
Full-year FY26 revenue guidance reaffirmed at $38–$41 million, with positive adjusted EBITDA expected.
Full IBM contract commences January 2026, with expectation that by fiscal year 2027, 100% of revenue will be AI-derived.
Strategic focus on AI product adoption, operational efficiency, and leveraging IBM partnership for growth.
Next Straker earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)