Sagtec Global Limited Reports Significant Revenue and Profit Growth in H1 2025
TL;DR
Sagtec Global's 144% revenue surge and 308% net profit increase highlight a strategic advantage in the booming digital economy and Southeast Asia expansion.
Sagtec Global achieved a 144% revenue increase to $11.4 million through recurring software subscriptions and a 237% rise in tangible product sales.
Sagtec Global's growth and expansion into Southeast Asia contribute to the digital economy, enhancing operational efficiency and innovation across industries.
Discover how Sagtec Global's food-ordering kiosks and power bank stations drove a 237% sales spike, marking a significant leap in the tech sector.
Found this article helpful?
Share it with your network and spread the knowledge!
Sagtec Global Limited (NASDAQ: SAGT), a leading provider of customizable software and hardware solutions, has reported a remarkable financial performance for the first half of 2025. The company's revenue soared by 144% year-over-year to $11.4 million, while net profit more than tripled, increasing by 308% to $1.86 million. This impressive growth was primarily fueled by a significant rise in recurring software subscriptions and a 237% spike in sales of tangible products, including food-ordering kiosks and power bank stations.
The company's EBITDA also saw a substantial increase, rising by 205% to $2.47 million. Additionally, Sagtec Global's cash position improved to $454,000, supported by $7.2 million in financing inflows. CEO Kevin Ng attributed this success to the company's accelerating momentum within Malaysia's digital economy and reiterated Sagtec's commitment to expanding its footprint across Southeast Asia.
Sagtec Global Limited specializes in offering customizable software solutions, with a primary focus on the Food & Beverage (F&B) sector. Beyond F&B, the company provides software development, data management, and social media management services to enhance operational efficiency across various industries. Through its subsidiary, CL Technology (International) Sdn Bhd, Sagtec operates power-bank charging stations at 300 locations throughout Malaysia.
This financial milestone underscores Sagtec Global's robust growth trajectory and its ability to capitalize on the expanding digital economy in Malaysia and beyond. The company's performance not only highlights its operational excellence but also signals promising prospects for stakeholders and investors eyeing the tech sector in Southeast Asia.
Curated from InvestorBrandNetwork (IBN)
