middle.news
Straker Cuts Losses 76% Amid Revenue Dip, Secures $28M IBM Deal
8:36am on Wednesday 26th of November, 2025 AEDT
•
Technology
Read Story
Straker Cuts Losses 76% Amid Revenue Dip, Secures $28M IBM Deal
8:36am on Wednesday 26th of November, 2025 AEDT
Key Points
Net loss reduced by 76% to NZ$1.275 million
Revenue down 15% to NZ$19.263 million amid softer trading
Gross margins stable at 66.4%, cost of sales decreased
Operating expenses cut by NZ$5.365 million through efficiency gains
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Straker (ASX:STG)
OPEN ARTICLE