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 significant growth was primarily driven by a surge in recurring software subscriptions and a 237% increase in tangible product sales, including food-ordering kiosks and power bank stations.
The company's EBITDA also saw a substantial rise, up by 205% to $2.47 million, reflecting strong operational efficiency. 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.
This financial milestone underscores Sagtec Global's growing influence in the technology sector, particularly in the Food & Beverage (F&B) industry, where it provides innovative software solutions to enhance operational efficiency. The company's subsidiary, CL Technology (International) Sdn Bhd, further strengthens its market position by operating power-bank charging stations at 300 locations across Malaysia.
The implications of Sagtec Global's financial achievements are significant, not only for the company and its stakeholders but also for the broader technology and F&B industries. The rapid growth highlights the increasing demand for digital solutions in Southeast Asia's expanding digital economy, positioning Sagtec Global as a key player in this transformative era.
