Update - revenue surpasses $32m

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Stock Kinatico Ltd (KYP.ASX)
Release Time 9 Jul 2025, 8:19 a.m.
Price Sensitive Yes
 Kinatico reports $32m revenue in FY25
Key Points
  • FY25 total revenue of $32.1m, up 12% on pcp
  • FY25 SaaS revenue of $14.9m, up 54% on pcp
  • Annualised SaaS revenue of $17.5m on Q4 run rate, up 57% on pcp
Full Summary

Kinatico Ltd, a leading Australian 'Know Your People' RegTech company, has reported strong financial results for the 2025 financial year. The company's total revenue for the year was $32.1 million, an increase of 12% compared to the previous corresponding period (pcp). The company's SaaS revenue was a key driver of this growth, reaching $14.9 million, up 54% on pcp. On a quarterly basis, Kinatico's SaaS revenue in Q4 FY25 was $4.4 million, representing 52% of the total revenue for the quarter and equating to an annualised SaaS revenue run rate of $17.5 million, up 57% on pcp. Kinatico was also cash accretive for the year, with a closing cash and cash equivalents balance of $10.2 million as of 30 June 2025, an increase of $0.4 million from the opening balance on 1 July 2024, despite investing over $3.5 million of operating cash flow into new compliance technology. Kinatico CEO Michael Ivanchenko expressed his satisfaction with the excellent results, highlighting the company's focus on building its new Kinatico Compliance solution, which is expected to further enhance the company's SaaS growth.

Outlook

Kinatico continues to grow its position as the pre-eminent background screening brand in Australasia and is planning its global expansion of its growing suite of RegTech solutions.