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Kneat to Present at The Emerging Growth Conference on September 24, 2025
Newsfile· 2025-09-16 21:12
Kneat to Present at The Emerging Growth Conference on September 24, 2025Kneat invites investors to real-time, interactive engagement with CEO Eddie RyanSeptember 16, 2025 5:12 PM EDT | Source: kneat.com, incLimerick, Ireland--(Newsfile Corp. - September 16, 2025) - kneat.com, inc. (TSX: KSI) (OTCQX: KSIOF), a leader in digitizing and automating validation and quality processes, is pleased to announce that it will be presenting at the Emerging Growth Conference on September 24, 2025.This live, ...
Kneat Announces Record Revenue for Second Quarter 2025
GlobeNewswire News Room· 2025-08-05 21:11
Core Insights - Kneat.com, inc. is on a trajectory towards profitability, achieving record new customer wins and welcoming new leadership in key areas [2][10] - The company reported significant financial growth in Q2 2025, with total revenue reaching $15.4 million, a 32% increase year over year [7][8] Financial Highlights - Q2 2025 total revenue was $15.4 million, up from $11.7 million in Q2 2024, marking a 32% increase [8] - SaaS revenue for Q2 2025 grew 31% to $14.1 million compared to $10.8 million in Q2 2024 [8] - Gross profit for Q2 2025 was $11.6 million, a 34% increase from $8.7 million in Q2 2024, with a gross margin of 75% [8] - Annual Recurring Revenue (ARR) as of June 30, 2025, was $64.8 million, reflecting a 43% year-over-year growth from $45.4 million [7][8] Business Developments - In April 2025, Kneat signed a Services Agreement with a multinational generic pharmaceuticals producer to digitize its drawing management process [13] - The company launched Kneat Gx 9.5 in July 2025, enhancing data management capabilities and supporting risk-based validation processes [13] - Kneat expanded its executive leadership team, appointing a new Chief Innovation Officer and a new Chief Product Officer [13] Operational Performance - For the first half of 2025, total revenue increased 34% to $30.2 million compared to $22.4 million in the same period of 2024 [9] - Net income for the first half of 2025 was $1.8 million, a significant improvement from a net loss of $6.4 million in the first half of 2024 [9]
Kneat to Announce 2025 Second-Quarter Financial Results August 5, 2025
Globenewswire· 2025-07-29 21:06
Core Viewpoint - Kneat.com, Inc. is set to release its financial results for the quarter ended June 30, 2025, on August 5, 2025, after the TSX market close [1] Financial Results Announcement - The financial results will be available on the Investors page of the Kneat Solutions website [3] - A conference call and Q&A session for sell-side analysts will be hosted by the CEO and CFO on August 6, 2025, at 09:00 ET [2] Company Overview - Kneat Solutions specializes in digitizing and automating validation and quality processes for highly regulated industries [3] - The company’s digital validation platform, Kneat Gx, is fully certified and compliant with ISO 9001, ISO 27001, and 21 CFR Part 11/Annex 11 [3] - Kneat Gx has demonstrated significant efficiency improvements, including up to a 40% reduction in validation cycle times and up to a 20% faster speed to market [3]
Global Healthcare Technology Leader Selects Kneat
Globenewswire· 2025-06-26 21:09
Core Insights - Kneat.com, inc. has signed a multi-year Master Services Agreement with a leading healthcare technology and diagnostics company to digitize and automate validation and quality processes [1][2] - The healthcare technology company employs over 50,000 people and operates manufacturing facilities in more than a dozen countries [2] - The agreement will initially focus on digitizing Commissioning, Qualification, and Validation workflows at several key manufacturing sites [2][3] Industry Trends - The trend towards digital validation in the life sciences sector is accelerating, with 93% of organizations either using or planning to use digital validation, up from 86% in 2024 [3] - Digital validation is recognized for delivering speed to market, scalable compliance, and a foundation for future automation and AI innovations [3] Company Performance - Kneat Solutions is noted for its efficiency in validation and compliance through its digital validation platform, Kneat Gx, which is fully certified and compliant with industry standards [4] - Customer studies indicate that Kneat Gx can reduce documentation cycle times by up to 40% and speed to market by up to 20% [4]
Kneat to Announce 2025 First-Quarter Financial Results May 7, 2025
Globenewswire· 2025-04-30 12:12
Core Viewpoint - Kneat.com, Inc. is set to release its financial results for Q1 2025 on May 7, 2025, after the TSX market close, highlighting the company's ongoing commitment to transparency and investor engagement [1]. Financial Results Announcement - The financial results for the quarter ended March 31, 2025, will be available after the market close on May 7, 2025 [1]. - A conference call and Q&A session for sell-side analysts will be hosted by the CEO and CFO on May 8, 2025, at 09:00 ET [2]. Company Overview - Kneat Solutions specializes in providing digital validation and compliance solutions for highly regulated industries through its platform, Kneat Gx [3]. - The company is recognized for its high customer satisfaction and efficient implementation processes, supported by user-friendly design and expert training [3]. - Kneat Gx is fully certified under ISO 9001 and ISO 27001, and compliant with 21 CFR Part 11/Annex 11, ensuring high standards in validation processes [3]. - Independent studies indicate that Kneat Gx can achieve up to a 40% reduction in documentation cycle times and a 20% faster speed to market [3].