Sagtec Global Limited Reports Significant Revenue and Profit Growth in H1 2025
July 21st, 2025 6:16 PM
By: Newsworthy Staff
Sagtec Global Limited (NASDAQ: SAGT) announced a 144% increase in revenue and a 308% rise in net profit for the first half of 2025, driven by strong performance in software subscriptions and product sales.
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 surged 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 fueled by a significant rise in recurring software subscriptions and a 237% increase in tangible product sales, including food-ordering kiosks and power bank stations.
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 its commitment to expanding its presence in Southeast Asia.
For more details on Sagtec Global's financial achievements, visit https://ibn.fm/eV3jB.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
