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CONCENTRATIONS
12 Months Ended
Jun. 30, 2025
Risks and Uncertainties [Abstract]  
CONCENTRATIONS

NOTE 16 - CONCENTRATIONS

 

(a) Concentration of customers

 

The following table sets forth information as to each customer that accounted for 10% or more of net revenue for the years ended June 30, 2025, 2024 and 2023.

 

   For the Years Ended June 30, 
Percentage of the Company’s revenues  2025   2024   2023 
Customer A   36%   29%   -* 
Customer B   13%   14%   -* 
Customer C   13%   -*    -* 
Customer D   -*    24%   31%
Customer H   -*    -*    16%
Customer I   -*    -*    13%
Total   62%   67%   60%

 

The following table sets forth information as to each customer that accounted for 10% or more of total gross accounts receivable as of June 30, 2025 and 2024.

 

   As of June 30, 
Percentage of the Company’s accounts receivable  2025   2024 
Customer E   44%   -* 
Customer F   19%   -* 
Customer G   16%   -* 
Customer D   -*    85%
Total   79%   85%

 

* Indicates below 10%.

 

 

STAK INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Expressed in U.S. dollars, except for number of shares)

 

NOTE 16 - CONCENTRATIONS (CONTINUED)

 

(b) Concentration of suppliers

 

For the years ended June 30, 2025, 2024 and 2023, the Company’s material suppliers, each of whom accounted for more than 10% of the Company’s total purchases, were as follows:

 

   For the Years Ended June 30, 
Percentage of the Company’s purchase  2025   2024   2023 
Supplier A   28%   -*    -* 
Supplier B   17%   -*    -* 
Supplier C   16%   -*    -* 
Supplier D   14%   39%   -* 
Supplier E   -*    11%   -* 
Supplier J   -*    -*    16%
Supplier K   -*    -*    11%
Supplier L   -*    -*    10%
Total   75%   50%   37%

 

The following table sets forth information as to each supplier that accounted for 10% or more of total accounts payable as of June 30, 2025 and 2024.

 

   As of June 30, 
Percentage of the Company’s accounts payable  2025   2024 
Supplier A   73%   -* 
Supplier F   -*    46%
Supplier G   -*    17%
Supplier H   -*    14%
Supplier I   -*    10%
Total   73%   87%

 

* Indicates below 10%.