Sagtec Global (NASDAQ SAGT) Achieves Key Milestone in UAE Smart Hospitality Deal; On Track for 2025 Revenue Recognition

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]