Straker Translations : Interim Report H1 FY22

ASX:STG

STRAKER TRANSLATIONS GROUP

Interim Report

only2022

For usepersonal

For personal use only

Straker is a world leading AI-enabled

language services provider that powers global growth for business

For personal use only

Contents

Highlights	4-5
What We Do	6-7
Chairman & CEO's Review	8-10
Our Strategy	12-13
The Opportunity: Estimated Market Growth	14
Case Study: Our Technology Advantage	15
Board of Directors	16-17
IFRS to Non-IFRS Reconciliation	18
Financial Report	19-38
Company Directory	39

STRAKER TRANSLATIONS FY22 INTERIM REPORT

4

H1 2022 Highlights

Driving to our $100m revenue target

A significant half year of delivery on our growth has set
us up well as we head towards our $100m aspirational
only
revenue growth target.
Strong delivery on the traditional key indicators of a
strong business.
use
personal		73% Growth
	13.1m
	NZD
7.5m
NZD
For		$18m Cash at bank

18.2m

NZD

7.7m

NZD

57% Growth

23.3m

NZD

14.8m

NZD

10% Growth

56%

51%

60% Growth

50.0m

NZD

31.1m

NZD

STRAKER TRANSLATIONS FY22 INTERIM REPORT

5

For personal use only

As we head towards our aspirational goal of $100m in revenue we do not expect our headcount or operating costs to increase at the same rate as our revenue. Historically our staff numbers have risen in-line with our revenue, we now expect to achieve more leverage from our platform.

Revenue								Staff Numbers
					Milestones*
									* These are milestones for revenue - for
	Opex	Vendor		EBITDA	Staff	clarity there are no dates attached to these
		milestones
		Costs