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SAGTEC Expands into U.S. Market, Leveraging Agency Support to Unlock New Revenue Opportunities
Globenewswire· 2025-08-27 13:32
Core Insights - SAGTEC Global Limited is expanding into the U.S. market, leveraging support from Malaysian agencies to enhance its market entry and strengthen its revenue streams [1][2][4] Company Overview - SAGTEC is a technology solutions provider based in Malaysia, specializing in enterprise-grade POS software and AI-integrated digital systems [8] - The company has a client base of 13,000 worldwide and aims to roll out integrated AI and POS solutions in key U.S. cities [4][8] Market Opportunity - The U.S. is identified as the largest single market for enterprise and retail technology, with the Point-of-Sale (POS) market projected to exceed USD 25 billion by 2030 [2] - SAGTEC's expansion aligns with Malaysia's push for global competitiveness, supported by government agencies like MIDA and MATRADE [7] Strategic Goals - The expansion is expected to generate sustainable, long-term value for shareholders and reinforce SAGTEC's position as a leading innovator from Southeast Asia [5][4] - The company aims to strengthen recurring revenue through its Speed+ POS system and AI-powered solutions, targeting sectors such as Food & Beverage, retail, and logistics [2][4]
Sagtec Global Secures AI Licensing Deal with Kinetic Seas to Accelerate Scalable Growth in F&B Tech Market
Globenewswire· 2025-08-25 12:55
Core Viewpoint - Sagtec Global has entered a strategic licensing agreement with Kinetic Seas to integrate the AI platform Skilliks into its POS systems, aiming to enhance AI-powered solutions in Southeast Asia's Food & Beverage market [1][3]. Company Overview - Sagtec Global serves over 13,000 clients globally, focusing on improving efficiency and profitability through advanced tools [2]. - The company is recognized as a leader in enterprise-grade POS software and AI-integrated digital systems in Southeast Asia [6]. Strategic Benefits - The licensing of Skilliks allows Sagtec to access proven AI technology without the high costs associated with developing an in-house AI division, which could cost millions annually [3]. - This collaboration is expected to accelerate the development of AI tools for Sagtec's clients, addressing critical operational challenges such as ingredient management and demand forecasting [2][4]. - The agreement positions Sagtec to expand its solutions beyond the F&B sector into adjacent industries, creating new revenue streams [3][8]. Leadership Insights - The CEO of Sagtec Global emphasized that this agreement is a pivotal step in the company's long-term growth strategy and enhances its ability to deliver value to shareholders [4]. - The CEO of Kinetic Seas highlighted the partnership's potential to empower operators and enterprises with scalable AI solutions [4]. Market Positioning - The collaboration reinforces Sagtec's commitment to operational excellence and sustainable growth, which is expected to create long-term value for shareholders [5]. - The integration of AI is anticipated to accelerate project development across Sagtec's F&B client base and expand recurring revenue opportunities [8].
SAGTEC to Drive Cutting-Edge F&B Technology Transformation for Malaya Heritage
Globenewswire· 2025-08-15 13:00
Group 1: Company Overview - Malaya Heritage Holding Limited is the holding company for CNS Food Centre Sdn Bhd, focusing on preserving cultural authenticity while delivering premium service and quality dining experiences [6] - The company operates multiple heritage-inspired F&B brands in Malaysia, including Kafei Dian, Melaya Nyonya House, and Makan Kaw Kaw [6] - SAGTEC Global Limited specializes in innovative IT solutions for the F&B and hospitality industries, offering expertise in robotics, automation, and smart analytics [4][7] Group 2: Digital Transformation Initiative - Malaya Heritage Holding Limited has appointed SAGTEC Global Limited as its exclusive IT Consultant to lead a comprehensive 24-month digital transformation program across its F&B operations [1] - The partnership will introduce advanced technologies such as automated central kitchen systems, intelligent outlet management platforms, and service robotics to enhance operational efficiency and customer experience [2] - The initiative is projected to generate approximately USD 3 million in revenue, highlighting the commercial potential of technology integration in Malaysia's F&B sector [3] Group 3: Future Plans and Goals - The mission of the digital transformation program is to future-proof Malaya Heritage's operations through innovative, reliable, and scalable technology solutions [5] - SAGTEC and Malaya Heritage plan to explore opportunities in sustainable food technology, predictive analytics, and advanced customer engagement platforms to support long-term growth and industry leadership [5]
SAGTEC Withdraws from Proposed Acquisition of Rider Gate
Globenewswire· 2025-08-04 12:00
About Sagtec Global Limited KUALA LUMPUR, Malaysia, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Subsequent to the announcement made on 18 July 2025, the Board of Directors of SAGTEC Global Limited ("SAGTEC") today announced that the Share Sale Agreement ("SSA") entered into on 14 July 2025 with Ramssol Group Berhad ("Ramssol") for the proposed acquisition of a 40% stake in Rider Gate Sdn Bhd, a subsidiary of Ramssol has been terminated. Under the terms of the SSA, completion of the transaction was subject to the fulf ...
Sagtec Global (NASDAQ SAGT) Achieves Key Milestone in UAE Smart Hospitality Deal; On Track for 2025 Revenue Recognition
Globenewswire· 2025-07-25 13:00
Core Insights - Sagtec Global Limited has successfully delivered the first phase of a US$10 million smart hospitality contract in the UAE, receiving the first milestone payment, which validates project execution and commercial delivery [1][2] - The contract is structured with over 60% of its total value as multi-year recurring revenue, covering software licensing, analytics, hosting, and long-term service, with full delivery expected in 2025 [2] - The company emphasizes its ability to monetize large-scale SaaS contracts and generate recurring cash flow, reflecting disciplined execution and strong regional partnerships [3] Business Strategy - Sagtec is focused on scaling vertically integrated SaaS platforms across multiple industries, including hospitality, F&B, and smart infrastructure, with a strong emphasis on monetizable outcomes [4] - The deployment of the Speed+ Smart Ordering System supports a US$30 million pipeline across Southeast Asia, enhancing service efficiency and increasing revenue per transaction [3][4] - The company is well-positioned in a US$30 billion+ market, with the UAE hospitality sector projected to reach US$37.7 billion by 2033, aligning with regional transformations toward smart tourism [4] Financial Outlook - Sagtec maintains a resilient balance sheet and a growing recurring revenue base, focusing on margin-accretive growth, product innovation, and geographic expansion to drive long-term shareholder value [5]
Sagtec Global Limited Achieves 144% Growth in Revenue and 308% Profit Surge for 1H2025
GlobeNewswire News Room· 2025-07-21 12:30
KUALA LUMPUR, Malaysia, July 21, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced its audited financial results for the six month ended June 30, 2025 (the “Interim Results”) (the “Financial Results”). Revenue surged 144% year-over-year (YoY) to US$11.4 million for six-month period ended June 30, 2025, driven by strong growth across both services and tangible products.Net profit rose 308% YoY to U ...
Sagtec to Announce First Half 2025 Financial Results on July 21, 2025
Globenewswire· 2025-07-16 12:00
Core Viewpoint - Sagtec Global Limited is set to release its first half financial results for the fiscal year 2025 on July 21, 2025, and will hold an earnings call to discuss its financial performance and business outlook [1][2]. Group 1: Earnings Call Details - The earnings call will take place at 8:30 a.m. Eastern Time on July 21, 2025, and will be accessible via a webcast [3]. - A replay of the webcast will be available approximately 24 hours after the call and will remain accessible for 12 months [3]. Group 2: Company Overview - Sagtec is a technology innovator specializing in customizable software and AI systems, primarily serving the Food & Beverage sector [5]. - The company also provides software development, data management, and social media management services to enhance operational efficiency across various industries [5]. - Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd [5]. Group 3: Management Insights - Kevin Ng, the Chairman and CEO, expressed optimism about the company's progress in advancing technology offerings and expanding market presence, indicating a focus on delivering long-term value to shareholders [4].
Sagtec Global (NASDAQ: SAGT) Accelerates Middle East Expansion with US$10 Million Smart Hospitality Tech Deal in UAE
Globenewswire· 2025-07-01 12:46
Company Overview - Sagtec Global Limited has signed a US$10 million agreement with SMD Tech to develop a smart hospitality technology solution, marking its entry into the US$30 billion smart tourism sector [1][2] - The company specializes in customizable enterprise software solutions, primarily serving the Food & Beverage sector, and is expanding into the hospitality technology domain [7] Contract Details - The contract includes the development and management of a next-generation Hotel Self Check-In/Out System, which encompasses software licensing, systems integration, data analytics, and long-term service and maintenance [2][3] - Over 60% of the contract value is expected to generate multi-year recurring revenue streams, indicating a stable revenue model for the company [3] Market Context - The UAE's hospitality sector is experiencing significant digital transformation, driven by government initiatives and a rebound in travel post-pandemic, with the market projected to reach US$37.7 billion by 2033, growing at a CAGR of 5.2% from 2025 [5][6] - Sagtec's solutions are designed to enhance operational efficiency and customer experience, which are critical for premium hospitality operators in the region [6] Strategic Importance - The partnership with SMD Tech is seen as a strategic move that not only showcases Sagtec's innovation capabilities but also opens new market opportunities in a rapidly growing tourism economy [4]
Sagteс Finalizes Strategic AI Acquisition to Accelerate SaaS Revenue and Multi-Sector AI Deployment
Globenewswire· 2025-06-20 18:00
Core Insights - Sagtec Global Limited has signed a definitive Share Sale Agreement to acquire an 80% equity stake in Smart Bridge Technology, a profitable agentic AI platform [1][2] - The acquisition aligns with Sagtec's strategic shift towards an AI-first, SaaS-driven growth model [2][7] Financial Performance - Smart Bridge reported a net profit of US$2.1 million for FY2024, indicating its profitability and readiness for enterprise deployment [3] - The acquisition is expected to be immediately earnings-accretive for Sagtec, enhancing its high-margin, subscription-based AI modules [4][7] Market Potential - The combined total addressable market (TAM) for Sagtec and Smart Bridge exceeds US$130 billion [4] - The global AI in retail market is projected to reach US$43 billion by 2032, while the SME-focused AI software segment is expected to surpass US$25 billion [4] Strategic Integration - Post-acquisition, Sagtec plans to launch its first AI-powered SaaS modules in Q3 2025, starting with the hospitality sector and expanding into fintech and logistics [6][7] - The integration of Smart Bridge's capabilities is anticipated to enhance Sagtec's existing offerings in hospitality and point-of-sale infrastructure [3][5] Long-term Strategy - The transaction supports Sagtec's commitment to scalable, recurring SaaS revenue and disciplined AI-focused M&A strategy [7] - Further updates on product roadmap, earnings impact, and regional expansion strategy will be provided during the upcoming half-year investor call [7]
Sagtec Projects 92% Revenue Growth for FY2025
Globenewswire· 2025-06-12 12:28
Core Insights - Sagtec Global Limited forecasts FY2025 revenue of approximately US$22.3 million, representing a 92% year-over-year increase from US$11.6 million in FY2024 [1][3] - The growth is driven by the commercial adoption of Sagtec's AI-powered Robotics-as-a-Service (RaaS) and software platforms across sectors such as hospitality, logistics, and smart retail [2][4] Financial Highlights - FY2024 revenue was US$11.6 million, while FY2025 guidance is US$22.3 million, indicating a 92% increase [3] - Cost of service is projected to rise from US$8.9 million in FY2024 to US$17.5 million in FY2025, a 96% increase [3] - Gross profit is expected to increase from US$2.7 million in FY2024 to US$4.9 million in FY2025, a 79% increase [3] - Operating expenses are forecasted to grow from US$655,713 in FY2024 to US$1.2 million in FY2025, an 86% increase [3] - EBITDA is projected to rise from US$2.3 million in FY2024 to US$3.9 million in FY2025, a 68% increase [3] - Net profit is expected to increase from US$1.6 million in FY2024 to US$2.6 million in FY2025, a 60% increase [3] Strategic Growth Catalysts - Sagtec's AI-powered service robotics platform launched in Q2 2025 is being adopted by leading hospitality and F&B groups, combining hardware leasing, computer vision, and predictive analytics [4] - The company is targeting digitally underserved economies in Southeast Asia and the Middle East, where rising labor costs create demand for automation [5][6] - Sagtec is investing in rapid deployment of AI robotics across Malaysia, Indonesia, Hong Kong, and the UAE, as well as expanding its platform stack into logistics automation and smart retail [6] Market Expansion - The company is focusing on high-margin upselling of AI features and smart workflow automation to accelerate annual recurring revenue (ARR) [4] - Sagtec's strategic focus includes enhancing its AI applications beyond hospitality to logistics, retail operations, and smart city automation [5]