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 driven by a significant rise in recurring software subscriptions and a 237% increase in sales of tangible products, such as food-ordering kiosks and power bank stations.
EBITDA for the period also saw a substantial rise, climbing 205% to $2.47 million. Additionally, Sagtec's cash position improved to $454,000, supported by $7.2 million in financing inflows. CEO Kevin Ng attributed the company's success to its accelerating momentum within Malaysia's digital economy and reiterated Sagtec's commitment to expanding its footprint in Southeast Asia.
The company's performance underscores the growing demand for digital and customizable solutions in the Food & Beverage sector and beyond. With its subsidiary, CL Technology (International) Sdn Bhd, operating power-bank charging stations across Malaysia, Sagtec is well-positioned to capitalize on the region's digital transformation trends.
