Straker (STG) H2 2026 earnings summary

Executive summary

• Revenue for the year ended 31 March 2026 was NZ$38.8 million, a 14% decrease year-over-year.

• Net loss attributable to security holders increased by 48% to NZ$15.3 million compared to the previous year.

• No dividends were declared or paid for the reporting period.

Financial highlights

• Revenue declined 14% year-over-year to NZ$38.8 million.

• Net loss from ordinary activities rose 48% to NZ$15.3 million year-over-year.

• Net tangible assets per share dropped to NZ$0.08 from NZ$0.20 at 31 March 2025.

Risk factors and uncertainties

• A financial loss due to fraud of NZ$6.2 million was recognized in FY26, compared to NZ$1.1 million in FY25.

• Fraudulent payment transactions were discovered at the US subsidiary in May 2026.