Sagtec Global Ltd(SAGT)
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Sagtec Reports Strong Preliminary FY Results and Outlines 2026 Growth Strategy
Globenewswire· 2026-01-28 13:30
KUALA LUMPUR, Malaysia, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Sagtec Global Limited (“Sagtec” or the “Company”), a technology-focused company engaged in the development and deployment of software and digital solutions, today provided a corporate update regarding its anticipated full-year financial reporting timeline, preliminary operating trends, and strategic priorities for 2026. The Company currently expects to release its full-year financial results in April 2026, subject to the completion of its audit proce ...
Sagtec Global Limited Announces US$4.0 Million Software Development Agreement for AI-Driven Mobility Platform
Globenewswire· 2026-01-14 13:30
KUALA LUMPUR, Malaysia, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Sagtec Global Limited (“Sagtec” or the “Company”), a total technology solutions provider focused on delivering customizable software solutions, artificial intelligence (“AI”) enabled systems and cloud-based platforms, today announced that on January 5, 2026 it entered into a software development agreement with Grandpride Luxury Travel Sdn. Bhd. (the “Client”) (the “Agreement”). Pursuant to the Agreement, Sagtec will design, develop, implement and sup ...
New to The Street Airs Tonight on Bloomberg Television - Show No. 712 Sponsored Programming Spotlighting Public and Private Market Innovators
Markets.Businessinsider.Com· 2026-01-03 17:10
Core Viewpoint - New to The Street is a long-running business television platform that showcases emerging growth companies and market innovators, providing them with a credible platform to articulate their business models and market opportunities [2][3][6]. Group 1: Show Details - The upcoming broadcast, Show No. 712, will air tonight at 6:30 PM EST on Bloomberg Television as sponsored programming [2][7]. - Featured companies in this episode include NEONC Technologies, SAGTEC GLOBAL, FLOKI, and ZENITH Prep Academy, each providing insights into their respective industries [2][9]. Group 2: Company Overview - New to The Street has been operational for 17 years, delivering a differentiated media model that allows companies to communicate their strategies and innovations effectively [3][6]. - The platform is recognized for its long-form interviews that focus on business models, innovation, and milestones, avoiding speculation [10]. Group 3: Digital Presence - Beyond television, New to The Street has a significant digital footprint, ranking second in reach within the financial media category on YouTube, only behind The Wall Street Journal [8]. - The platform's flagship channel reaches millions of subscribers globally, extending the impact of each broadcast beyond its initial airing [8].
Sagtec Global CEO Declares “Pivotal Inflection Point” in Year-End Letter, Citing AI Partnerships and Multi-Million Dollar Contracts as Launchpad for 2026
Globenewswire· 2025-12-15 13:30
CEO Kevin Ng outlines 226% profit growth, $0.20 EPS, expanded Kinetic Seas AI alliance, and $12-15M FY 2026 AI revenue targets in shareholder updateKUALA LUMPUR, Malaysia, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT), a leading provider of AI-driven technology solutions across Southeast Asia, today released a year-end shareholder letter from Chairman and Chief Executive Officer Kevin Ng, highlighting the Company’s strategic transformation, triple-digit financial growth, and outlook ...
Sagtec Global Ltd(SAGT) - 2025 Q3 - Quarterly Report
2025-11-25 14:01
Financial Performance - Total revenue for the nine months ended September 30, 2025, reached RM 63,765,238, representing a 97% increase from RM 32,359,976 in the same period of 2024[7] - Gross profit for the nine months ended September 30, 2025, was RM 15,330,050, up 120% from RM 6,937,469 in 2024[7] - Net profit for the period increased to RM 10,978,614 in 2025, compared to RM 3,363,521 in 2024, marking a 226% growth[7] - Revenue from services for the nine months ended September 30, 2025, was RM 39,978,933, up from RM 22,395,376 in 2024, reflecting an increase of about 78%[125] - For the nine months ended September 30, 2025, total revenue increased to RM 63,765,238, up from RM 32,359,976 for the same period in 2024, representing a growth of 97.5%[153] - Gross profit for the nine months ended September 30, 2025, was RM 15,330,050, compared to RM 6,937,469 in 2024, indicating an increase of 120.5%[153] - Income from operations rose to RM 11,580,167 for the nine months ended September 30, 2025, compared to RM 4,923,605 in 2024, reflecting a growth of 135.5%[153] Assets and Liabilities - Total assets as of September 30, 2025, amounted to RM 61,024,173, a significant increase from RM 27,354,501 as of December 31, 2024[5] - Total liabilities increased to RM 12,649,030 as of September 30, 2025, from RM 9,970,300 as of December 31, 2024[5] - Shareholders' equity rose to RM 47,634,119 as of September 30, 2025, compared to RM 16,792,131 at the end of 2024, reflecting a growth of 184%[5] - Segment assets increased significantly to RM 61,024,173 as of September 30, 2025, up from RM 27,823,027 in 2024, marking a growth of 119.0%[153] - Segment liabilities also increased to RM 12,649,030 as of September 30, 2025, compared to RM 14,240,815 in 2024, showing a decrease of 11.1%[153] Cash Flow and Expenditures - Cash and short-term deposits increased to RM 3,043,907 as of September 30, 2025, from RM 1,654,146 as of December 31, 2024[5] - Operating cash flows before movements in working capital rose to RM 15,383,921, up from RM 6,376,927, reflecting a 141% increase[12] - Cash generated from operations for the nine months ended September 30, 2025, was RM 9,007,770, compared to RM 3,455,109 in 2024, marking a 161% increase[12] - The company reported a net cash provided by operating activities of RM 7,964,118 for 2025, compared to RM 3,455,109 in 2024, indicating a 131% increase[12] - The company incurred RM 26,858,184 in capital expenditures for the purchase of plant and equipment in 2025, significantly higher than RM 4,664,732 in 2024[12] Shareholder Information - The company issued 1,950,000 ordinary shares with no par value, raising RM 20,012,328 during the period[9] - The company completed its IPO on March 6, 2025, issuing 1,750,000 new ordinary shares at RM 17.6564 per share, resulting in gross proceeds of RM 30,898,700[87] - The net proceeds recognized in equity after deducting deferred offering costs of RM 10,886,371.99 amounted to RM 20,012,328[89] - The company re-designated its ordinary shares into 8,800,000 Class A ordinary shares and 2,000,000 Class B ordinary shares, establishing a dual-class share structure[92][93] - Class B ordinary shares confer twenty votes per share, while Class A ordinary shares confer one vote per share, enhancing control for key stakeholders[96][97] Financial Ratios and Risks - The gearing ratio improved to 6.20% as of September 30, 2025, down from 11.68% as of December 31, 2024, indicating a stronger capital structure[145] - The company reported a profit sensitivity of approximately RM 11,713 for the period ended September 30, 2025, if interest rates on loans had been 50 basis points higher or lower[136] - The company’s liquidity risk management includes maintaining sufficient cash balances and access to committed credit facilities, ensuring operational stability[138] Taxation and Provisions - The Group's tax payable as of September 30, 2025, was RM 4,476,000, an increase from RM 3,918,926 at the beginning of the year, representing a rise of about 14%[122] - The total income tax expenses for the nine months ended September 30, 2025, amounted to RM 1,646,846, compared to RM 1,580,764 in the same period of 2024, showing an increase of approximately 4%[122] - The total provision for warranty as of September 30, 2025, was RM 409,992, down from RM 441,353 at the beginning of the year, indicating a decrease of approximately 7%[113] Operational Insights - The group operates under a subscription as a service model, generating stable revenue from its SaaS offerings[16] - Two vendors accounted for more than 61% of the total cost of sales of RM 48,435,188 for the period ended September 30, 2025, highlighting vendor concentration risk[149] - The company reported no subsequent events that require disclosure or adjustment to the financial statements as of the reporting date[154]
Sagtec Delivers 226% Surge in Net Profit as Revenue Nearly Doubles in 2025 Interim Results
Globenewswire· 2025-11-25 14:00
Core Insights - Sagtec Global Limited reported record-breaking financial results for the nine months ended September 30, 2025, showcasing the strength of its business model and revenue scalability [2][3][4] Financial Performance - Revenue increased to US$15.1 million, a 97% rise from US$7.6 million in the same period last year, driven by strong growth in subscription-based software and technology-enabled hardware solutions [3][4] - Net profit surged 226% year-over-year to US$2.6 million, up from US$799 thousand, attributed to higher operating income and improved gross margins [4][7][13] - Gross profit rose 121% to US$3.6 million, reflecting robust demand and operational leverage [4][11] - EBITDA grew 139% year-over-year, reaching US$3.6 million, supported by strong revenue expansion and operational efficiency [6] Revenue Breakdown - Revenue from services increased by 79% to US$9.5 million, driven by strong renewal momentum and new customer acquisitions [5][6] - Revenue from tangible products grew by 135% to US$5.6 million, supported by digitalization trends in the food and beverage sector [5][6] - Revenue from the new F&B service robotic machine kiosk rental business contributed US$89 thousand, indicating potential for future growth despite longer payback periods [5] Cost and Expenses - Cost of sales rose 91% to US$11.5 million, reflecting the scaling up of operations post-IPO [8][9] - Operating income increased by 135% to US$2.8 million, underscoring improved operational efficiency and cost management [9][11] Cash Position and Capital Allocation - Net cash generated from operating activities was US$1.9 million, compared to US$820 thousand in the same period last year, influenced by working capital movements [15] - Net cash used in investing activities rose to US$6.1 million, reflecting continued investment in strategic assets [16] - Cash and cash equivalents improved to US$313 thousand, a total improvement of US$666 thousand from a deficit of US$353 thousand at the beginning of the period [18] Shareholder Value - Basic and diluted earnings per share (EPS) increased to US$0.20, up from US$0.07, highlighting expanding profitability and sustainable shareholder value generation [14]
CORRECTION: Kinetic Seas Inc. Announces Landmark Exclusive Partnership with Sagtec Global Limited, Launching Skilliks AI Platform into Southeast Asia
Globenewswire· 2025-11-04 14:09
Core Insights - Kinetic Seas Incorporated has expanded its strategic partnership with Sagtec Global Limited, establishing itself as the exclusive AI development and technology partner for Sagtec in Southeast Asia [1][2] Strategic & Financial Benefits - The partnership provides Kinetic Seas access to Sagtec's over 12,000 SaaS clients, transforming the Skilliks platform into a primary driver of enterprise-grade AI solutions and recurring revenue [2] - Kinetic Seas will receive a 30% revenue share from Sagtec's projected cumulative revenue of $40–$50 million from this initiative by 2028 [6] Operational Execution and Community Impact - Kinetic Seas will deliver end-to-end AI solutions, including custom development and project management, on a regional scale as Sagtec's exclusive technical partner [3] - The partnership engages the Kinetic Seas AI Masters Community, connecting over 10,000 AI professionals to commercially funded projects [4][5] Market and Revenue Outlook - The Southeast Asian AI software market is projected to grow at a CAGR of 34% through 2030, representing over $6 billion in new opportunities [5] - Kinetic Seas' revenue share is directly tied to Sagtec's projected revenue, indicating a strong potential for high-margin income [6] Company Profiles - Kinetic Seas Incorporated is recognized for its Skilliks AI platform and a global community of AI experts, specializing in production-grade AI solutions [7][8] - Sagtec Global Limited empowers over 12,000 businesses in Southeast Asia with digital transformation and SaaS solutions [8]
Sagtec Global Limited and Kinetic Seas Inc. Finalize Landmark Partnership to Accelerate AI Co-Development Across Malaysia, Indonesia, Singapore, and the Philippines
Globenewswire· 2025-11-04 13:30
Core Insights - Sagtec Global Limited has expanded its strategic partnership with Kinetic Seas Incorporated, establishing Kinetic Seas as its exclusive AI development and technology partner for Malaysia, Indonesia, Singapore, and the Philippines, transforming the collaboration into a comprehensive joint business development and AI co-creation alliance [1][2] Strategic Partnership Framework - The partnership is structured around an equity-based alignment and a new revenue-sharing model, ensuring shared incentives for growth [2] - Sagtec will issue 5.5 million Class A ordinary shares to Kinetic Seas, creating a foundational equity stake and satisfying the original licensing fee [5] - From AI development projects secured under this partnership, Sagtec will receive 70% and Kinetic Seas 30% of gross project receipts, with provisions for joint development and shared intellectual property [5] Expanded Scope to Drive Market Leadership - Kinetic Seas will provide turnkey solutions for Sagtec, leveraging expertise in deep learning, natural language processing, and computer vision, which has already enabled Sagtec to secure new business in competitive markets [3] Fueling Immediate Growth with Major Contract Wins - The new partnership model is generating momentum, allowing Sagtec to secure significant contracts, including a USD $3 million digital transformation contract with Malaya Heritage Holdings and a USD $1 million AI-powered SaaS platform development agreement with HM Edutech Group [7] Revenue Projections and Market Outlook - The AI software market in the targeted regions is expected to grow at a compound annual growth rate of 34% through 2030, representing over $6 billion in new opportunities in the SME segment alone [8] - Sagtec projects FY 2026 AI Solutions Revenue between $12 million and $15 million, with a recurring SaaS revenue growth of 200% year-over-year and a three-year cumulative revenue impact of $40 million to $50 million by 2028 [11]
Kinetic Seas Inc. Announces Landmark Exclusive Partnership with Sagtec Global Limited, Launching Skilliks AI Platform into Southeast Asia
Globenewswire· 2025-11-04 12:25
Core Insights - Kinetic Seas Incorporated has expanded its strategic partnership with Sagtec Global Limited, becoming the exclusive AI development and technology partner for Sagtec in Southeast Asia [1][2][3] Strategic & Financial Benefits - The partnership provides Kinetic Seas access to Sagtec's over 12,000 SaaS clients, transforming the Skilliks platform into a primary driver of enterprise-grade AI solutions and recurring revenue [2] - Kinetic Seas will receive a 30% revenue share from Sagtec's projected cumulative revenue of $40–$50 million from this initiative by 2028 [6][7] Operational Execution and Community Impact - Kinetic Seas will deliver end-to-end AI solutions, including custom development and project management, on a regional scale [3] - The partnership engages the Kinetic Seas AI Masters Community, connecting over 10,000 AI professionals to funded projects, fostering innovation and economic opportunity [4][5] Market and Revenue Outlook - The Southeast Asian AI software market is projected to grow at a CAGR of 34% through 2030, representing over $6 billion in new opportunities [5] - Kinetic Seas' revenue share is directly tied to Sagtec's projected revenue, indicating a scalable revenue stream for the company [6][7] Equity and Co-Creation - Kinetic Seas acquires 5.5 million shares of Sagtec common stock, establishing a substantial equity interest [7] - Joint development provisions allow Kinetic Seas to expand its portfolio of deployable AI assets in collaboration with Sagtec [7]
HM Edutech Group Partners with Sagtec Global Limited to Develop AI-Powered Financial Data Analysis Platform
Globenewswire· 2025-10-02 13:25
Core Insights - Sagtec Global Limited has entered a strategic partnership with HM Edutech Group to develop the HMS Data Analysis System, an AI-powered SaaS platform for financial data analytics and education solutions [1][2] - The collaboration aims to create a scalable SaaS product for both institutional and retail users, with Sagtec expecting to generate USD $1 million in upfront development revenue and participate in a profit-sharing model based on subscriber growth [2][3] - The platform is set to launch in Q2 2026 and will offer real-time analytics, predictive modeling, and financial education tools, aligning with Sagtec's strategy to diversify into SaaS recurring revenue streams [3][4] Company Overview - Sagtec Global Limited is a provider of customizable AI and automation platforms, initially focused on the F&B sector but now serving various industries with its Robotics-as-a-Service (RaaS) and AI software stack [5] - The company operates a nationwide network of mobile charging stations through its subsidiary, CL Technology (International) Sdn Bhd [5] Market Context - The global financial analytics software market was valued at USD $7.6 billion in 2020 and is projected to reach USD $19.8 billion by 2030, growing at a CAGR of 10.3%, indicating a significant opportunity for Sagtec in the fintech sector [4]