• SaaS revenue up 49% to $6.5 million, now 42% of total revenue
• EBITDA increased 10% to $2.1 million
• Positive operating cash flow of $2.6 million, up 68% on prior period

Kinatico Limited has delivered strong financial and operational performance in the first half of FY25, with revenue increasing 9% year-on-year to $15.6 million and net profit rising 17% to $416,347. The company's transformation into a leader in simplified workforce compliance solutions has driven a 49% year-on-year increase in SaaS revenue, which now comprises 42% of Kinatico's total revenue. Other key highlights include a 10% increase in EBITDA to $2.1 million and positive operating cash flow of $2.6 million, up 68% on the prior corresponding period. Kinatico maintained a strong financial position, ending the period with $9.9 million in cash and cash equivalents. The company continued to invest in product development, with $2.0 million capitalised in software enhancements to advance its SaaS compliance solutions. Kinatico is well-positioned for continued growth, with a strong sales pipeline and increasing adoption of its lifecycle compliance solutions. The company remains focused on delivering simplicity and efficiency to assist customers in meeting their compliance obligations, positioning it for sustainable growth and long-term value creation.

Kinatico expects to continue its strong financial performance, with SaaS revenue growing at a run rate of $13.9 million per annum as of 31 December 2024.

Kinatico is well-positioned for continued growth, with a strong sales pipeline and increasing adoption of its lifecycle compliance solutions. The company will continue investing in technology to enhance its compliance management platform while maintaining disciplined financial execution.