Sagtec Global Limited Achieves 144% Growth in Revenue and 308% Profit Surge for 1H2025
KUALA LUMPUR, Malaysia, July 21, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ:SAGT) ("Sagtec" or the "Company"), a leading provider of customizable software solutions, today announced its audited financial results for the six month ended June 30, 2025 (the "Interim Results") (the "Financial Results").
Revenue surged 144% year-over-year (YoY) to US$11.4 million for six-month period ended June 30, 2025, driven by strong growth across both services and tangible products.
Net profit rose 308% YoY to US$1.9 million, reflecting higher operating income, improved gross margins, and increased other income.
Gross profit increased 173% to US$2.3 million, supported by robust demand and operating leverage.
Cash position strengthened significantly to US$454 thousand, compared to US$87.9 thousand at the beginning of the period.
"Our record-breaking half-year results validate Sagtec's growth trajectory and resilience. We are delivering innovative, high-demand solutions across Malaysia's digital ecosystem. Our strategy to scale both recurring software services and smart hardware deployments is yielding strong returns. Looking ahead, we remain committed to expanding our regional footprint and driving sustainable, tech-powered growth across Southeast Asia," said Kevin Ng, Chairman, Executive Director and Chief Executive Officer of Sagtec.
FINANCIAL RESULTS
Sagtec's revenue for the six months ended June 30, 2025, surged to US$11.4 million, representing a 144% year-over-year increase from US$4.7 million in the same period last year. This robust performance reflects broad-based growth across the Company's core business verticals, driven by accelerating demand for subscription-based software solutions, customized development services, and technology-enabled hardware offerings in the food & beverage (F&B) and related sectors.
Sagtec's revenue from services surged by 107% to US$6.9 million for the six-month period ended June 30, 2025, compared to US$3.3 million for the same period in 2024. This significant growth was primarily driven by strong client retention through recurring subscription renewal, particularly for the Speed+ and QR ordering systems, as well as the successful onboarding of new customers across Malaysia's F&B and adjacent industries. The Company also saw increased demand for its custom software development and social media management services, reflecting growing digitalization trends among small, mediam enterprises (SME).
The Company's revenue generated from tangible products grew by 237%, reaching US$4.4 million for the first half of 2025, compared to US$1.3 million in the same period last year. This sharp increase was largely fueled by the accelerated rollout of food ordering kiosks with interactive screens, as businesses sought to automate front-of-house operations amid ongoing labor shortages. Additionally, the continued expansion of Sagtec's power bank charging stations through strategic reseller networks contributed significantly to revenue growth in this segment.
For the Six Month Ended June 30
2025
2024
Change
USD
USD
%
Revenue from services
6,912,721
3,347,184
