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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
Core Insights - Sagtec Global Limited reported a 226% year-over-year profit growth, achieving an EPS of $0.20, and set ambitious AI revenue targets of $12-15 million for FY 2026 [1][3][9] Financial Performance - For the nine months ending September 30, 2025, Sagtec's revenue reached approximately $15.1 million, a 97% increase from the same period in 2024, driven by a 135% rise in tangible product revenue and a 79% increase in services revenue [3] - Net profit rose to approximately $2.6 million, resulting in an EPS of $0.20, compared to $0.07 in the prior year [3] - EBITDA improved to roughly $3.6 million, reflecting a 139% increase [3] Strategic Partnerships - Sagtec expanded its partnership with Kinetic Seas, becoming its exclusive AI development partner in Malaysia, Indonesia, Singapore, and the Philippines, which includes a revenue-sharing model favoring Sagtec [4] - The partnership has already led to securing a $3 million digital transformation contract with Malaya Heritage Holdings and a $1 million AI-powered SaaS platform development agreement with HM Edutech Group [5] New Market Verticals - Sagtec's collaboration with HM Edutech marks its entry into financial analytics and education technology, with plans to launch the HMS Data Analysis System in Q2 2026 [6] - The financial analytics market is projected to grow significantly, with third-party research estimating it will expand from $7.6 billion in 2020 to $19.8 billion by 2030 [7] Balance Sheet and Liquidity - For the nine months ended September 30, 2025, net cash generated from operating activities was approximately $1.9 million, up from $0.8 million in the prior year [8] - The company invested approximately $6.1 million in plant, equipment, and software licenses, resulting in a positive cash balance of roughly $313,000 by September 30, 2025 [8] 2026 Outlook - Sagtec anticipates substantial opportunities in the AI software market across Southeast Asia, with a projected compound annual growth rate of about 34% through 2030 [9] - The company has set internal targets for FY 2026 AI solutions revenue between $12-15 million and a cumulative revenue impact of $40-50 million by 2028 from the Kinetic Seas alliance [9][10]