Sagtec Global Limited Reports Significant Revenue and Profit Growth in H1 2025
Sagtec Global Limited (NASDAQ: SAGT) announced a 144% increase in revenue and a 308% surge in net profit for the first half of 2025, driven by strong sales in software subscriptions and tangible products.
Sagtec Global Limited (NASDAQ: SAGT), a 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 growth was primarily attributed to a significant rise in recurring software subscriptions and a 237% increase in tangible product sales, including food-ordering kiosks and power bank stations.
EBITDA for the period also saw a substantial rise, up 205% to $2.47 million, reflecting the company's operational efficiency and strong market demand. Additionally, Sagtec's cash position improved to $454,000, bolstered by $7.2 million in financing inflows. CEO Kevin Ng highlighted the company's accelerating momentum within Malaysia's digital economy and reiterated its commitment to expanding its footprint in Southeast Asia.
The financial results underscore Sagtec's growing influence in the technology sector, particularly in the Food & Beverage (F&B) industry, where it provides customizable software solutions. The company's success is also supported by its subsidiary, CL Technology (International) Sdn Bhd, which operates power-bank charging stations across 300 locations in Malaysia.