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Straker Advances AI Strategy Amid Revenue Dip, Secures IBM Contract Renewal

8:37am on Wednesday 26th of November, 2025 AEDT Technology
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Straker Advances AI Strategy Amid Revenue Dip, Secures IBM Contract Renewal

8:37am on Wednesday 26th of November, 2025 AEDT
Key Points
  • FY26 H1 revenue of NZ$19.3 million aligns with full-year guidance
  • Positive adjusted EBITDA of NZ$0.53 million achieved through cost discipline
  • Renewal and expansion of strategic IBM contract post-period
  • Development and commercialisation progress of proprietary Small Language Model
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