Flash update - Annualised SaaS now $16m
Open PDF
| Stock | Kinatico Ltd (KYP.ASX) |
|---|---|
| Release Time | 10 Apr 2025, 11:39 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Kinatico reports $16m annualised SaaS revenue
Key Points
- Q3 FY25 SaaS revenue up 60% to $4.0m
- SaaS revenue now 50% of total revenue
- Total Q3 FY25 revenue up 15% to $8.1m
Full Summary
Kinatico Ltd, a leading provider of 'Know Your People' RegTech solutions, has reported strong Q3 FY25 results. SaaS revenue over the period was $4.0m, up 60% on the prior corresponding period (pcp), and now represents 50% of total revenue (up from 36% in Q3 FY24). Total revenue for the quarter was $8.1m, an increase of 15% on pcp. Kinatico CEO Michael Ivanchenko said the results were an excellent outcome delivered while the company was simultaneously focused on the launch of its new Kinatico Compliance solution, which is expected to further enhance SaaS growth. Ivanchenko thanked all Kinatico staff for their ongoing efforts and commitment to the company's goals.
Guidance
Kinatico reports annualised SaaS revenue of $16m as of Q3 FY25.