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Straker Delivers Record EBITDA Amid AI Subscription Surge Despite Revenue Dip
1:39am on Monday 2nd of June, 2025 AEST
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Technology
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Straker Delivers Record EBITDA Amid AI Subscription Surge Despite Revenue Dip
1:39am on Monday 2nd of June, 2025 AEST
Key Points
FY25 revenue at NZ$44.9m, top end of guidance but down 10.3%
Record adjusted EBITDA of NZ$4.8m, up 5.6% year-on-year
Gross margin improved to 67%, a 300 basis point increase
AI subscription revenue exceeds NZ$1m, with new product launches
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