iHub News
1月前
Sagtec Global (SAGT) records revenue growth highlights scaling software and subscription businessApril 29, 2026 10:49 AM
IH Market News
Sagtec Global Limited (NASDAQ:SAGT) reported record revenue growth for fiscal year 2025, with revenue rising 49% year-over-year to $19.1 million. For investors, the update points to accelerating adoption of its software subscription model, while also highlighting rising costs tied to expansion.
Key Investor Takeaways
Record revenue growth of 49% reflects strong demand across software and hardware offerings
SAGT is shifting toward recurring subscription revenue, now 62% of total revenue
Gross profit rose 45%, but operating income declined due to higher expansion costs
EBITDA increased, signaling improving scale despite margin pressure
Sagtec Global’s expansion into rentals and new markets introduces both growth potential and execution risk
Press Release Overview
Sagtec reported total revenue of $19.1 million for FY2025, up from $12.8 million in FY2024. Growth was driven by performance across core segments.Service revenue increased 62% to $12.2 million, supported by subscription renewals and new customer acquisition. Revenue from tangible products rose 26% to $6.6 million, driven by higher demand for food ordering kiosks and power bank charging stations.The company also introduced a rental segment, generating $0.3 million from coffee machine kiosk rentals.Gross profit climbed 45% to $4.3 million. However, operating income declined 9% to $2.1 million due to higher operating expenses tied to expansion and depreciation.EBITDA rose 18.7% to $3.4 million, with a margin of 17.8%. Net profit was $1.8 million, broadly flat year-over-year.Cash flow from operations increased significantly to $4.1 million, while investing cash outflows rose to $7.0 million due to capital expenditures. Cash and equivalents ended the year at $2.3 million.“We are pleased to report a year of outstanding performance in 2025, marked by continued revenue growth and improved operational scale,” said CEO Kevin Ng Lok.
Why This Matters for Investors
The record revenue growth suggests Sagtec is successfully scaling its business, particularly through higher-margin recurring subscription services.The increasing share of subscription-based revenue may improve revenue visibility and stability over time, which could be viewed positively by investors.However, rising costs and declining operating income indicate that expansion is currently weighing on profitability. This may suggest a near-term trade-off between growth and margins.The company’s increased capital spending and new business lines, such as rentals, could support long-term growth but also introduce execution and return-on-investment uncertainty.
What to Watch For Next
Continued growth in subscription-based revenue and customer retention
Margin trends as expansion costs stabilize or scale improves
Performance of new business segments like rentals
Cash flow sustainability amid higher capital expenditures
Expansion progress in Southeast Asia markets
Conclusion
Sagtec’s record revenue growth underscores strong demand and a shift toward a more scalable, subscription-driven model. While growth remains robust, investors will likely focus on whether the company can translate this momentum into improved profitability over time.Sagtec Global stock price
Original: Sagtec Global (SAGT) records revenue growth highlights scaling software and subscription business
INV4
3月前
Kinetic Seas Completes Phase 1 of $4M AI Mobility Platform With Sagtec for Malaysia Premium Travel Market
March 12, 2026
Kinetic Seas Incorporated (OTCQB: KSEZ) has successfully completed Phase 1 of its $4 million AI mobility platform project, in partnership with Sagtec Global Limited (NASDAQ: SAGT), aimed at enhancing Malaysia's premium travel market. This milestone, achieved ahead of schedule, marks a significant step in deploying the Skilliks AI planning platform for Grandpride Luxury Travel, a premium ride-hailing and car rental service in Malaysia.
Phase 1 involved requirements discovery, system architecture design, and project planning, leveraging Kinetic Seas’ Skilliks platform to coordinate input from multiple stakeholders, including Sagtec and Grandpride. The platform aims to facilitate high-quality digital mobility services for affluent leisure travelers and corporate clients across major Malaysian urban areas and tourist destinations.
Under the terms of a $4 million software development agreement, approximately $1.6 million is allocated for licensing and customized software development, with an additional $2.4 million designated for multi-year services, including hosting and maintenance. Kinetic Seas is set to earn 30% of the revenues generated from the Grandpride mobility platform, thereby benefiting from both development and ongoing service revenues.
The collaboration comes at a time when Southeast Asia is experiencing a digital transformation, with growing enterprise investments in AI and analytics. As the project progresses into subsequent phases, the Skilliks platform will play a crucial role in project coordination and delivery optimization. Additionally, Kinetic Seas and Sagtec plan to expand Skilliks' application across other sectors, enhancing Sagtec’s existing AI and enterprise software strategy.
With a firm foothold in the Southeast Asian market, Sagtec serves over 13,000 businesses and forecasts significant growth in AI-related revenue. Kinetic Seas, in alignment with its strategic collaboration with Sagtec, anticipates scaling its AI capabilities and impact within the burgeoning digital transportation landscape.
Kinetic Seas Incorporated (OTCQB: KSEZ) has made significant strides with its recent announcement that Phase 1 of its $4 million AI mobility platform development with Sagtec Global Limited (NASDAQ: SAGT) for the Malaysian premium travel market has been completed ahead of schedule. This achievement not only highlights Kinetic Seas' capabilities but also positions it favorably within the burgeoning Southeast Asian digital transportation market.
The project, developed in partnership with Grandpride Luxury Travel, lays the groundwork for a smart AI E-Hailing and vehicle rental system aimed at high-value consumers. The focus on premium services aligns with growing consumer expectations for enhanced mobility experiences, particularly among leisure travelers and corporate clients. Given the projected double-digit growth in AI spending across Southeast Asia, Kinetic Seas stands to capitalize on this expanding market.
Investors should note that Kinetic Seas is entitled to 30% of revenues generated through the Grandpride mobility platform, thus creating a compelling long-term revenue framework as the platform enters its development and deployment phases. Moreover, Kinetic Seas’ strategic partnership with Sagtec aims to further integrate the Skilliks platform into various sectors, enhancing its relevance and application.
Looking ahead, the company’s alignment with Sagtec, which has a robust client base of over 13,000 businesses, provides Kinetic Seas the opportunity to leverage cross-sector synergies in mobility, food and beverage, and retail. Given Sagtec's ambitious AI revenue growth target of $12–15 million for FY 2026 and Kinetic Seas' equity stake in its stock, investors may find long-term upside potential compelling.
In summary, Kinetic Seas presents a promising opportunity within the context of Southeast Asia's rapid digital transformation and growing demand for AI-driven mobility solutions. Investors may wish to consider positioning themselves ahead of the broader market momentum that is likely to accompany successful project execution and scaling of the Skilliks platform.
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SCHAUMBURG, Ill., March 12, 2026 (GLOBE NEWSWIRE) -- Kinetic Seas Incorporated (OTCQB: KSEZ) announced the ahead-of-schedule completion of Phase 1 of a $4.0 million AI mobility platform being developed with Sagtec Global Limited (NASDAQ: SAGT) for Grandpride Luxury Travel in Malaysia. The milestone marks the first major deployment of Kinetic Seas’ Skilliks AI planning platform in a multi-stakeholder enterprise mobility project serving Southeast Asia’s rapidly expanding digital transportation market.
Phase one included requirements discovery, system architecture design and detailed project planning for the Grandpride Luxury Travel Smart AI E-Hailing, Car Rental and Subscription System. The phase was executed using Kinetic Seas’ development team and the Skilliks platform to coordinate project inputs across Sagtec and Grandpride stakeholders.
The platform is designed to support premium ride-hailing, vehicle rental and subscription-based transportation services across major urban and tourism markets in Malaysia, targeting high-value leisure travelers and corporate clients seeking premium digital mobility experiences.
The project is being delivered under a $4.0 million software development agreement between Sagtec and Grandpride. The agreement includes approximately $1.6 million for licensing and custom software development and $2.4 million in multi-year services, including hosting, maintenance and analytics.
The milestone highlights the expanding collaboration between Kinetic Seas and Sagtec to deploy AI-driven platforms across Southeast Asia and demonstrates the role of Skilliks as a core planning and execution layer for complex enterprise AI deployments.
“With Phase one completed ahead of schedule, we are seeing our partnership with Sagtec deliver exactly what it was designed to do—transform complex AI programs involving multiple stakeholders into structured, executable delivery plans,” said Edward Honour, Chief Executive Officer and Chairman of Kinetic Seas. “Grandpride demonstrates how the Skilliks platform can help accelerate the deployment of next-generation mobility platforms in rapidly growing digital markets such as Malaysia and the broader ASEAN region.”
Malaysia and Southeast Asia continue to experience rapid adoption of AI and digital technologies, with enterprise spending on AI and analytics expected to grow at double-digit rates as businesses modernize transportation, commerce and services infrastructure.
As the Grandpride project moves into development and deployment phases, the Skilliks platform is expected to remain central to project coordination and delivery optimization. Under its strategic partnership framework with Sagtec, Kinetic Seas is entitled to 30% of revenues generated by Grandpride mobility platform deliveries, providing participation in both development revenues and ongoing service and hosting components.
Beyond the Grandpride initiative, Kinetic Seas and Sagtec are working to integrate Skilliks more broadly into Sagtec’s AI and SaaS delivery framework across mobility, retail, food and beverage and other sectors. Sagtec currently serves more than 13,000 businesses across Southeast Asia and has outlined an AI growth strategy targeting $12–15 million in AI-related revenue in FY 2026.
Kinetic Seas previously received 5.5 million shares of SAGT common stock in connection with its long-term collaboration with Sagtec, aligning both companies around Sagtec’s expanding AI and enterprise software strategy.
About Kinetic Seas Incorporated (OTCQB: KSEZ)
Kinetic Seas Incorporated develops artificial intelligence and full-stack software solutions, led by its Skilliks AI platform and a global community of AI experts. The company focuses on building production-grade AI systems including deep learning, natural language processing and computer vision technologies for enterprise clients worldwide.
About Sagtec Global Limited (Nasdaq: SAGT)
Sagtec Global Limited (NASDAQ: SAGT) is a technology solutions provider delivering customizable software platforms, AI-enabled systems and cloud-based services to enterprise and institutional clients. Sagtec supports digital transformation across sectors including mobility, retail, food and beverage and services, and currently serves more than 13,000 businesses across Southeast Asia. For more information, please visit www.sagtec-global.com.
About Grandpride Luxury Travel Sdn. Bhd.
Grandpride Luxury Travel Sdn. Bhd. is a Malaysia-based luxury travel and mobility services provider offering premium ride-hailing, vehicle rental and subscription-based transportation solutions in key urban and tourism markets. Its services include high-end and exotic vehicles, flexible subscription plans and concierge-supported mobility experiences for individual and corporate customers.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the anticipated impact of Kinetic Seas’ partnership with Sagtec, expected revenue participation from the Grandpride contract and other AI-related projects, the growth of AI and enterprise software markets in Malaysia and Southeast Asia, and Kinetic Seas’ ability to scale its Skilliks platform and strategic partnerships. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Forward-looking statements are subject to numerous conditions, many of which are beyond the company's control, including those set forth in the Risk Factors section of the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") on April 24, 2025, and any other SEC filings, as amended or updated from time to time. Copies of the Company's filings with the SEC are available on the SEC's website at www.sec.gov/edgar/searchedgar/companysearch. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Kinetic Seas Incorporated (OTCQB: KSEZ) trades on the OTCQB Venture Market for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find real-time quotes and market information for the company on www.otcmarkets.com.
Media Contact:
Edward Honour
CEO / Chairman of the Board
Email: Edward.Honour@KineticSeas.com
Kinetic Seas Incorporated
1501 Woodfield Rd, Suite 114E
Schaumburg, IL 60173
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$SAGT 🗞️
makinezmoney
1年前
$SAGT: News out and dipped PM to $3
Worth taking a small amount if it catches another boom up to $6 again.
GO $SAGT
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Sagtec Accelerates AI Expansion with Proposed Acquisition of Agentic AI Software Company
By Sagtec Global Limited | May 29, 2025, 8:18 AM
SAGT
-1.28%
Sagtec Global Ltd
KUALA LUMPUR, Malaysia, May 29, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced that it has signed a term sheet for the proposed acquisition of Smart Bridge Technology Limited (“Smart Bridge”), a fast-growing agentic AI software Company. Under the terms of the proposal, Sagtec intends to acquire Smart Bridge at approximately 10 times the price-to-earnings (PE) ratio for consideration of US$17.6 million, subject to the execution of a definitive agreement and customary closing conditions.
This proposed acquisition is set to transform Sagtec from a data systems provider into a full-spectrum AI technology leader, capable of delivering predictive, real-time intelligence to businesses across Asia. With Smart Bridge’s proven AI engine and high-margin software business, Sagtec positions itself at the intersection of AI innovation and real-world commercial application, unlocking a multi-billion-dollar total addressable market (TAM) in behavioral analytics, decision automation, and intelligent enterprise software.
Sagtec currently supports thousands of F&B outlets and retailers through its industry-leading point-of-sale (POS) and backend platforms, generating vast volumes of structured consumer and transaction data. The acquisition of Smart Bridge will supercharge Sagtec’s ecosystem, enabling the Company to:
Deliver automated business intelligence to its F&B clients
Launch AI-driven menu optimization, upselling strategies, and supply forecasting
Detect and prevent revenue leakage via behavioral fraud analytics and anomaly detection
Enter new verticals including logistics, fintech, and hospitality with customizable AI modules
With this proposed acquisition, Sagtec broadens its TAM beyond retail into high-growth sectors where predictive analytics and behavioral intelligence are crucial. Markets and Markets projects the global AI retail market will reach US$43 billion by 2032, International Data Corporation estimates the SME-focused AI software market will exceed US$25 billion, and Grand View Research forecasts the intelligent POS and behavioral analytics market to surpass US$65 billion. Together, these markets offer Sagtec significant opportunities to leverage Smart Bridge’s AI capabilities and expand into new, monetizable verticals.
This initiative aligns with the rapid expansion of the Artificial Intelligence sector, driven by increasing digital adoption, growing enterprise awareness of AI’s transformative potential, and rising reliance on mobile platforms. Concurrently, demand for mobile-first, intelligent enterprise software is surging, reshaping how businesses compete and operate in an increasingly digital landscape.
Smart Bridge has demonstrated strong financial and operational performance, reporting a net profit of US$2.1 million, showcasing the high efficiency and scalability of its AI-driven business model. The company continues to expand its growing client base across Asia, with its scalable AI engine successfully deployed in multiple high-volume environments, further validating the commercial viability and adaptability of its technology.
“This acquisition accelerates Sagtec’s vision of becoming the AI-first enterprise platform of the future. We’re not just building tools, we’re engineering intelligence that empowers everyday operators to predict, optimize, and monetize every transaction. It marks a transformative chapter for Sagtec, where we move beyond facilitating business to fundamentally reshaping it, unlocking new revenue streams and driving smarter, data-driven growth across industries,” said Kevin Ng, Chairman, Executive Director, and Chief Executive Officer of Sagtec.
About Smart Bridge Technologies Limited
Smart Bridge Technologies is a Malaysian-based AI and software development company providing agentic software, enterprise-grade IT solutions, and digital transformation services. The company specializes in AI-powered automation, systems integration, and tailored digital consulting.
About Sagtec Global Limited
Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.
For more information on the Company, please log on to https://www.sagtec-global.com/.
Contact Information:
Sagtec Global Limited Contact:
Ng Chen Lok
Chairman, Executive Director & Chief Executive Officer
Phone: +6011-6217 3661
Email: info@sagtec-global.com
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