Sagtec Global Limited Achieves Strong Fiscal Year 2024 Performance with US$11.6 Million Revenue, Marking 78% Year-over-Year Growth
SAGTEC GLOBAL LIMITED - Class A Ordinary shares (SAGT)
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, April 30, 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 financial year ended December 31, 2024 (the “Financial Results”). Sagtec achieves record high revenue of US$11.6 million, for fiscal year 2024, reflecting a record high 78% Year-over-Year (YoY) growth.Gross profit surged 49% YoY to US$2.8 million, driven by substantial increases in revenue.Revenue contribution from the Speed+ smart ordering and QR ordering system subscriptions nearly doubled to 23% in 2024, reflecting strong market adoption.Software development services also saw steady growth, contributing 10% of total revenue in 2024.The company is now delivering stronger margins as it moves toward a more scalable and sustainable business model. “We are proud to have reached this milestone despite ongoing macroeconomic uncertainties. This success is
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SAGT
News
- Sagtec Global CEO Declares “Pivotal Inflection Point” in Year-End Letter, Citing AI Partnerships and Multi-Million Dollar Contracts as Launchpad for 2026 [Yahoo! Finance]Yahoo! Finance
- Sagtec Global CEO Declares “Pivotal Inflection Point” in Year-End Letter, Citing AI Partnerships and Multi-Million Dollar Contracts as Launchpad for 2026GlobeNewswire
- Sagtec Delivers 226% Surge in Net Profit as Revenue Nearly Doubles in 2025 Interim ResultsGlobeNewswire
- Sagtec Global Limited and Kinetic Seas Inc. Finalize Landmark Partnership to Accelerate AI Co-Development Across Malaysia, Indonesia, Singapore, and the PhilippinesGlobeNewswire
- HM Edutech Group Partners with Sagtec Global Limited to Develop AI-Powered Financial Data Analysis PlatformGlobeNewswire
SAGT
Sec Filings
- 12/11/25 - Form 6-K
- 11/25/25 - Form 6-K
- 11/14/25 - Form SCHEDULE
- SAGT's page on the SEC website