Overview
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- TickerSTAK on Nasdaq1
- IndustryOil & Gas Field Machinery & Equipment1
- HeadquartersJiangsu Province, China1
- Incorporated inCayman Islands3
- Business addressLocation Is Floor 8, Block 11, No. 6 Bei Tang He East Rd, Tianning Dist, Changzhoucity,Jiangsu Province, F4 000003
- Filer categoryNon-accelerated filer, Emerging growth company3
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106/KNORR; Net engine power is 353KW; Optional appearance with signal lights above both sides of the compartment.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Sales Of Specialized Oil field Equipment brought in 48% of the revenue STAK Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Sales Of Specialized Oil field Equipment | $13.9M | $8.9M | $12.0M |
| Sales Of Specialized Oil field Vehicles | $6.4M | $5.4M | $10.9M |
| Service Income From Automation Solutions | $271.5K | $1.8M | $1.8M |
| Service, Other | $593.6K | $2.9M | $291.3K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue69¢$17.2M
- Research and development13¢$3.3M
- Other costs17¢$4.2M
- Income tax1¢$270.0K
Out of $24.9M in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Revenues | $24.9M | $18.9M | $21.1M |
| Cost of revenues | -$17.2M | -$13.2M | -$14.4M |
| Gross profit | $7.7M | $5.7M | $6.8M |
| Selling and marketing expenses | -$746.1K | -$653.2K | -$1.2M |
| General and administrative expenses | -$6.8M | -$544.3K | -$579.4K |
| Research and development expenses | -$3.3M | -$1.7M | -$1.4M |
| Total operating expenses | -$10.8M | -$2.9M | -$3.1M |
| Operating (loss) income | -$3.1M | $2.8M | $3.6M |
| Loss from sale of property and equipment | -$1.5M | ||
| Loss from sale of accounts receivable | -$1.1M | ||
| Interest expenses, net | -$167.1K | -$126.4K | -$52.3K |
| Government subsidies | $19.0K | $45.6K | $595.6K |
| Other expenses | -$73.2K | ||
| Total other (expenses) income, net | -$2.9M | -$80.7K | $543.2K |
| (Loss) income before income tax | -$6.0M | $2.7M | $4.2M |
| Income tax benefit (expenses) | $270.0K | -$276.2K | -$715.0K |
| Net (loss) income | -$5.7M | $2.4M | $3.5M |
| (Loss) earnings per share, basic | -$0.53 | $0.24 | $0.35 |
| (Loss) earnings per share, diluted | -$0.53 | $0.24 | $0.35 |
| Weighted average number of shares outstanding, basic | 10.7M shares | 10.0M shares | 10.0M shares |
| Weighted average number of shares outstanding, diluted | 10.7M shares | 10.0M shares | 10.0M shares |
| Foreign currency translation adjustments | $120.7K | -$31.5K | -$280.0K |
| Total comprehensive (loss) income | -$5.6M | $2.4M | $3.2M |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 6 quarters (quarterly), latest first.2
| Period ending | 2025-06-30 | 2025-05-31 | 2024-06-30 | 2024-05-31 | 2023-05-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $1.0M | $658.2K | |||
| Accounts receivable, net | $2.0M | $3.5M | |||
| Inventories, net | $17.0M | $8.3M | |||
| Advances to suppliers | $562.5K | $1.4M | |||
| Amounts due from a related party | $87.5K | $133.5K | |||
| Prepayments and other current assets, net | $2.8M | $680.5K | |||
| Deferred offering costs | $627.6K | ||||
| Total current assets | $23.5M | $15.3M | |||
| Property and equipment, net | $293.0K | $2.6M | |||
| Intangible assets, net | $2.0M | $62.2K | |||
| Right-of-use assets, net | $74.6K | $38.2K | |||
| Deferred tax assets | $785.7K | $506.5K | |||
| Other assets | $114.9K | $297.7K | |||
| Total non-current assets | $3.3M | $3.5M | |||
| Total assets | $26.8M | $18.8M | |||
| Accounts payable | $3.7M | $746.1K | |||
| Deferred revenues | $1.2M | ||||
| Amounts due to a related party | $30.2K | $42.5K | |||
| Accrued expenses and other current liabilities | $1.1M | $1.3M | |||
| Short-term borrowings | $5.6M | $4.3M | |||
| Operating lease liabilities, current | $73.5K | ||||
| Income tax payable | $1.7M | $1.7M | |||
| Total current liabilities | $13.4M | $8.1M | |||
| Long-term borrowings | $418.8K | $117.0K | |||
| Total non-current liability | $418.8K | $117.0K | |||
| Total liabilities | $13.9M | $8.2M | |||
| Ordinary shares | $10.0K | ||||
| Additional paid in capital | $12.2M | $4.2M | |||
| Statutory reserve | $672.4K | $672.4K | |||
| Retained earnings | $324.9K | $6.0M | |||
| Accumulated other comprehensive loss | -$267.9K | -$388.5K | |||
| Total shareholders equity | $12.9M | $10.6M | |||
| Total liabilities and shareholders equity | $26.8M | $18.8M | |||
| Common stock, par value | $0.00 | $0.00 | $0.00 | ||
| Common stock, shares authorized | 50.0M shares | ||||
| Common stock, shares issued | 50.0M shares | 10.0M shares | 10.0M shares | 50.0K shares | |
| Common stock, shares outstanding | 10.0M shares | 10.0M shares |
| Period ending | 2025-06-30 | 2025-05-31 | 2024-06-30 | 2024-05-31 | 2023-05-31 | 2023-04-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $1.0M | $658.2K | ||||
| Accounts receivable, net | $2.0M | $3.5M | ||||
| Inventories, net | $17.0M | $8.3M | ||||
| Advances to suppliers | $562.5K | $1.4M | ||||
| Amounts due from a related party | $87.5K | $133.5K | ||||
| Prepayments and other current assets, net | $2.8M | $680.5K | ||||
| Deferred offering costs | $627.6K | |||||
| Total current assets | $23.5M | $15.3M | ||||
| Property and equipment, net | $293.0K | $2.6M | ||||
| Intangible assets, net | $2.0M | $62.2K | ||||
| Right-of-use assets, net | $74.6K | $38.2K | ||||
| Deferred tax assets | $785.7K | $506.5K | ||||
| Other assets | $114.9K | $297.7K | ||||
| Total non-current assets | $3.3M | $3.5M | ||||
| Total assets | $26.8M | $18.8M | ||||
| Accounts payable | $3.7M | $746.1K | ||||
| Deferred revenues | $1.2M | |||||
| Amounts due to a related party | $30.2K | $42.5K | ||||
| Accrued expenses and other current liabilities | $1.1M | $1.3M | ||||
| Short-term borrowings | $5.6M | $4.3M | ||||
| Operating lease liabilities, current | $73.5K | |||||
| Income tax payable | $1.7M | $1.7M | ||||
| Total current liabilities | $13.4M | $8.1M | ||||
| Long-term borrowings | $418.8K | $117.0K | ||||
| Total non-current liability | $418.8K | $117.0K | ||||
| Total liabilities | $13.9M | $8.2M | ||||
| Ordinary shares | $10.0K | |||||
| Additional paid in capital | $12.2M | $4.2M | ||||
| Statutory reserve | $672.4K | $672.4K | ||||
| Retained earnings | $324.9K | $6.0M | ||||
| Accumulated other comprehensive loss | -$267.9K | -$388.5K | ||||
| Total shareholders equity | $12.9M | $10.6M | ||||
| Total liabilities and shareholders equity | $26.8M | $18.8M | ||||
| Common stock, par value | $0.00 | $0.00 | $0.00 | $1.00 | ||
| Common stock, shares authorized | 50.0M shares | 50.0K shares | ||||
| Common stock, shares issued | 50.0M shares | 10.0M shares | 10.0M shares | 50.0K shares | ||
| Common stock, shares outstanding | 10.0M shares | 10.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-06-30 | 2024-06-30 | 2023-06-30 |
|---|---|---|---|
| Net (loss) income | -$5.7M | $2.4M | $3.5M |
| Provision for credit losses | $505.8K | -$17.5K | $92.4K |
| Depreciation of property and equipment | $284.1K | $328.6K | $322.7K |
| Amortization of intangible assets | $45.3K | $5.0K | $3.1K |
| Amortization of operating lease right-of-use assets | $36.1K | $30.3K | $39.3K |
| Loss on sale of accounts receivable | $1.1M | ||
| Loss on sale of property and equipment | $1.5M | ||
| Deferred income tax | -$270.0K | -$342.9K | -$146.0K |
| Share-based compensation | $3.9M | ||
| Accounts receivable | -$6.3K | $529.6K | -$3.5M |
| Advances to suppliers | $879.8K | -$907.6K | -$507.4K |
| Inventories | -$8.6M | -$2.1M | -$3.4M |
| Amounts due from/due to related parties | $34.8K | -$350.6K | -$369.6K |
| Prepaid expenses and other current assets | -$802.0K | -$47.9K | $640.7K |
| Other assets | $185.8K | -$299.4K | |
| Accounts payable | $2.9M | -$2.6M | $481.3K |
| Deferred revenues | $1.2M | -$385.9K | $306.2K |
| Income tax payable | -$10 | $616.1K | $861.0K |
| Accrued expenses and other current liabilities | -$146.2K | $436.1K | $176.5K |
| Operating lease liabilities | -$80.1K | -$60.0K | |
| Net cash used in operating activities | -$2.9M | -$2.7M | -$1.5M |
| Purchases of property and equipment | -$61.6K | -$17.4K | -$2.5M |
| Purchases of intangible assets | -$2.0M | -$73.3K | |
| Loans to third parties | -$990.0K | -$553.6K | -$599.7K |
| Collection of loans to third parties | $603.0K | $297.9K | $239.9K |
| Net cash used in investing activities | -$2.4M | -$273.2K | -$3.0M |
| Contribution from shareholders | $50.0K | $3.7M | |
| Net proceeds from initial public offering | $4.2M | ||
| Proceeds from short-term bank loans | $5.6M | $5.5M | $2.0M |
| Proceeds from long-term bank loans | $415.8K | $117.7K | |
| Repayments of short-term bank loans | -$4.4M | -$2.6M | -$681.6K |
| Repayments of long-term bank loans | -$117.8K | ||
| Net cash provided by financing activities | $5.7M | $3.1M | $5.0M |
| Effect of exchange rate changes on cash | -$33.2K | -$839 | $88.2K |
| Net increase in cash and cash equivalents | $364.5K | $65.0K | $561.3K |
| Income taxes paid | $3.1K | $3.8K | |
| Income taxes refund | $4.7K | ||
| Interest paid | $183.2K | $120.6K | $52.7K |
| Addition of right-of-use assets | $72.2K | $56.1K |
No quarter-by-quarter statement was filed.
What it owns
What STAK Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $467.9K2 Jun 30, 2025 | $3.4M2 Jun 30, 2024 | −86.3% |
| Accumulated depreciation | $174.9K2 Jun 30, 2025 | $820.6K2 Jun 30, 2024 | −78.7% |
| Property and equipment, net | $293.0K2 Jun 30, 2025 | $2.6M2 Jun 30, 2024 | −88.7% |
| Operating-lease assets (leased space) | $74.6K2 Jun 30, 2025 | $38.2K2 Jun 30, 2024 | +95.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.0M2 Jun 30, 2025 | $658.2K2 Jun 30, 2024 | +55.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $2.1M2 Jun 30, 2025 | $70.2K2 Jun 30, 2024 | +2859.1% |
| Accumulated amortization | $53.7K2 Jun 30, 2025 | $7.9K2 Jun 30, 2024 | +576.8% |
| Finite-lived intangibles, net | $2.0M2 Jun 30, 2025 | $62.2K2 Jun 30, 2024 | +3150.1% |
Inventory
Leadership
Who has led STAK Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerChuanbo Jiang Mar 17, 2026 to now5
- Chief financial officerDiana Li Mar 17, 2026 to now6
- Chief operating officerHuyun Gao Mar 17, 2026 to now7
Board members and other officers (5)
- Chief Technology OfficerKe Dennis Xu Mar 17, 2026 to now8
- Board memberChuanbo Jiang Mar 17, 2026 to now5
- Board memberJohannes Antonius Gerardus Beekmans Mar 17, 2026 to now9
- Board memberYiqin Hu Mar 17, 2026 to now10
- Board memberZhaohui Randall Xu Mar 17, 2026 to now11
Timeline
- Mar 17, 2026New chief executive Chuanbo Jiang becomes CEO5
Filings
50 filings to the SEC since October 2021: 1 annual reports, 7 insider forms, 42 other. The latest 20:
- Oct 9, 20266-K EDGAR
- Sep 15, 20266-K EDGAR
- Jun 8, 20266-K EDGAR
- May 13, 20266-K EDGAR
- Apr 14, 20266-K EDGAR
- Mar 17, 20263 EDGAR
- Mar 17, 20263 EDGAR
- Mar 17, 20263 EDGAR
- Mar 17, 20263 EDGAR
- Mar 17, 20263 EDGAR
- Mar 17, 20263 EDGAR
- Mar 17, 20263 EDGAR
- Jan 8, 20266-K EDGAR
- Jan 5, 2026424B4 EDGAR
- Jan 2, 2026EFFECT EDGAR
- Dec 30, 2025CORRESP EDGAR
- Dec 30, 2025F-1/A EDGAR
- Nov 14, 2025F-1 EDGAR
- Nov 5, 202520-F EDGAR
- Oct 31, 2025NT 20-F EDGAR
The 50 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How STAK Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSTAK Inc.1
- CIK0002002453
- Filer statusNon-accelerated filer an emerging growth company; a shell company4
- Incorporated inCayman Islands4
- Industry code (SIC)3533 Oil & Gas Field Machinery & Equipment1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business addressLocation Is Floor 8, Block 11, No. 6 Bei Tang He East Rd, Tianning Dist, Changzhoucity,Jiangsu Province, F4 000001
- Phone86 519 8880 26091
- Shares outstanding13,210,349 shares as of Jun 30, 20254
- AuditorHTL International, LLC, Houston, Texas PCAOB ID 7000; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceJan 18, 20241
- Filings50 in all: 6-K (12), 3 (7), DRS/A (5), DRSLTR (4), UPLOAD (4), CORRESP (3), 424B4 (2), EFFECT (2)1
All 17 form types
F-1 (2), F-1/A (2), 20-F (1), 8-A12B (1), CERT (1), DRS (1), FWP (1), NT 20-F (1), S-8 (1)
- Latest filingsAnnual report (20-F) Nov 5, 2025
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Ordinary Shares, par value US$0.001 per share | STAK | Nasdaq |
From the cover page of the 20-F filed Nov 5, 2025 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARSTAK Inc. filings on SEC EDGAR
- 2SEC EDGARSTAK Inc. 10-K for fiscal 2025
- 3SEC EDGARSTAK Inc. filings on SEC EDGAR
- 4
- 5
- 6SEC EDGARDiana Li, Chief financial officer
- 7SEC EDGARHuyun Gao, Chief operating officer
- 8
- 9
- 10SEC EDGARYiqin Hu, Board member
- 11SEC EDGARZhaohui Randall Xu, Board member