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About Straker
Its shares trade on ASX under the ticker STG.AX. It has been listed since 22 October 2018. In the fiscal year to 31 March 2026, it reported revenue of NZD 43.0m and a net loss of NZD 16.9m. At that date it held total assets of NZD 20.9m and shareholders' equity of NZD 9.6m.
Straker Translations Ltd. engages in the provision of cloud-enabled translation services. The firm provides RAY Translation Platform, which utilizes a combination of machine translation and a crowd-sourced pool of translators. The company provides deltaRAY that enables customers to order a translation, track progress, assign users, give access to validators, get reports and make payments. The company provides sunRAY, which is a project management platform. Its stingRAY is a translation application program interface (API) that allows customers to build a custom connector to stingRAY. Its xRAY is a data analytics engine for translation services. The company offers ultraRAY, which is a translator workbench that provides software tools for translators. Its hyperRAY is a machine translation engine that assists translators. The company also provides lightRAY, which is a translator management portal. The firm serves e-commerce, technology, medical, education and government industries.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Communication Services
- Industry
- Interactive Media & Services
- Listed since
- 22 Oct 2018
- Employees
- 120
- Website
- strakertranslations.com ↗
Leadership
Pay as last reported
- Ms. Linda JenkinsonNon-Executive Chairman of the Board
- Mr. Grant StrakerChief Executive Officer, Co-Founder, Executive Director, since 1999NZD 449,000
- Mr. David IngramChief Financial Officer, Company Secretary, since 2023
- Ms. Merryn StrakerChief Operating Officer
- Ms. Kim AndrewsChief People Officer
- Mr. Indiver NagpalChief Platform Officer
- Mr. David SowerbyChief Revenue Officer
- Ms. Helen FoleyNon-Executive Director
- Mr. Ronald HeinzNon-Executive Director
- Mr. Steven BaylissNon-Executive Independent Director
- Ms. Amanda CribbNon-Executive Independent DirectorNZD 63,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Straker Translations Ltd offers cloud-enabled translation services with RAY Translation Platform.
- The company provides deltaRAY for translation order tracking and project management.
- Straker serves e-commerce, technology, medical, and government sectors with tailored solutions.
Weaknesses
- Straker Ltd has 120 employees, which may limit scalability in large markets.
- The company is listed in New Zealand, potentially restricting global market access.
- Straker Translations Ltd focuses on translation services without diversifying into other sectors.
Opportunities
- Straker's RAY Translation Platform can expand into new markets like healthcare and education.
- The company can leverage machine translation technology to improve efficiency in translation services.
- Straker Ltd can grow by targeting the e-commerce industry with its cloud-based solutions.
Threats
- Straker Ltd faces competition from global translation service providers in the Communication Services sector.
- The company's reliance on machine translation may lead to quality issues in sensitive sectors like medical translation.
- Straker Translations Ltd operates in a niche market with limited potential for rapid growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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