Why invest in Straker (ASX : STG)
AI-driven technology like Straker's LanguageCloud platform has the potential to disrupt the localization industry, which supports trillions of dollars of global trade and is a US$50 billion industry. Straker has developed cutting-edge technology that is being widely adopted by top organizations worldwide, including IBM. This adoption is primarily driven by the platform's remarkable features that boost productivity, save time, and reduce costs.
Highlights
$3.6m
Operating Cashflow
$1.7m
Adj EBITDA up from $0.6m in PCP
60.8%
Gross Margins an increase of 530bp
$14.3m
Cash balance up from $12.4m
$2.4m
Reduction in OPEX
108%
Adj Cash Conversion*
*Adjusted Cash Conversion is Operating Cash less Investing Cash less Lease Payments divided by Adjusted EBITDA
Latest investor announcements
Issue of Employee Share Options
View documentRevised Outlook Statement and CEO Conference Presentation
View documentStraker to present at Coffee Microcaps Conference
View documentLatest presentation
H1 FY23 Investor PresentationView PDF
Charters and Policies
Audit and Risk Management Committee Charter - Updated December 2023
View documentStraker People Culture Committee Charter - Updated December 2023
View document