STAK Inc
stakindustry.comWhat Do They Do?
Sells specialized oilfield vehicles and equipment, including pumping, repair and fracking trucks, to dealers serving oilfield service companies. Develops modular gas-to-electricity systems for AI data centers and other energy-intensive applications.
20-F for FY2026, filed Oct 21, 2026Our existing business continues to comprise the production and sale of specialized oilfield vehicles and related equipment, including oil…View ↗
We provide specially designed and configured vehicles and equipment for oilfield development and operations. These vehicles and equipment…View ↗
As a new area of our business, we are developing modular gas-to-electricity power generation systems leveraging gas-fired internal…View ↗
STAK Inc. is a holding company incorporated in the Cayman Islands. We conduct our existing oilfield-specialized equipment and automation…View ↗
Our CustomersView ↗
How Do They Make Money?
It sells specialized oilfield vehicles and equipment for fixed contract prices; customers pay after pickup or delivery and acceptance, generally 3-6 months later. Automation services are paid after customers accept the completed software or function, generally 3-6 months after completion; parts are generally paid 4 months after transfer.
20-F for FY2026, filed Oct 21, 2026The Company sells products of specialized oilfield equipment and specialized oilfield vehicles. Among which the equipment and components of…View ↗
The revenue is recognized at a point in time upon the controls of the promised products are transferred to the customers. This occurs when…View ↗
Therefore, the Company identifies only one performance obligation to provide corporate customers with the automation solutions services at…View ↗
Other revenue primarily derives from sales of parts and materials, such as integrated circuits, box iron and backlight panels, etc. Payment…View ↗
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20-F for FY2026, filed Oct 21, 2026
FY2026 revenue by product or service ↗
$28.2M
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20-F for FY2026, filed Oct 21, 2026
$28.2M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Sales Of Specialized Oil field Equipment
Sold outright
20-F for FY2026, filed Oct 21, 2026 |
20%
FY2023: 66%
|
Sales Of Specialized Oil field Equipment, FY2026
$5.5M Sources
|
Sold outright |
|
Sales Of Specialized Oil field Vehicles
Sold outright
20-F for FY2026, filed Oct 21, 2026 |
79%
FY2023: 30%
|
Sales Of Specialized Oil field Vehicles, FY2026
$22.2M Sources
|
Sold outright |
|
Service, Other
Sold outright
|
1.8%
FY2023: 2.8%
|
Service, Other, FY2026
$510.2K Sources
|
Sold outright |
Who Are Their Customers?
Sells products to dealers, who resell them to oilfield service companies. It manufactures ordered equipment and works with qualified vehicle manufacturers to produce ordered vehicles.
20-F for FY2026, filed Oct 21, 2026Our CustomersView ↗
Do Revenues Turn Into Profits?
Yes. It kept 2 cents of every revenue dollar as net income in FY2026.
20-F for FY2026, filed Oct 21, 2026
How Are They Changing?
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