FY25 Annual Results release
| Stock | Knosys Ltd (KNO.ASX) |
|---|---|
| Release Time | 28 Aug 2025, 8:49 a.m. |
| Price Sensitive | Yes |
Knosys reports FY25 results, invests in next-gen library tech
- Revenue stable at $9.8m, up 2% on pcp
- Annualised Recurring Revenue up 2% to $9.8m
- Increased investment in new product development, including Libero Library App and Libero 6 upgrades
Knosys Limited (ASX:KNO) reported its financial results for the financial year ended 30 June 2025 (FY25). The company increased sales revenue by 2% to $9.8m, while increasing investment in the next generation of market-leading library tech solutions. The planned increase in resources committed to new product development led to an increase in operating expenses, up 19% on the prior corresponding period (pcp), primarily due to an increase in employee headcount. This increased investment led to an EBITDA loss of $0.6m and a net loss after tax of $1.5m in FY25, compared to an EBITDA profit of $1.1m and a net profit after tax of $0.2m in FY24. Knosys reported net operating cash outflow of $1.2m and a cash balance of $2.8m as at 30 June 2025, which increased to $4.2m as at the end of July 2025. The company also increased Annualised Recurring Revenue (ARR) by 2% to $9.8m, reflecting the group's stable customer base, new business, and licence fee increases. During the year, Knosys solidified its key Knowledge Management customer relationships with contract extensions and added new customers. The company has prioritized the opportunity in the library management system (LMS) market, which is large and predicted to grow to USD$2.65B by 2027. In FY25, Knosys successfully delivered major releases of its product roadmap with the launch of the Libero Library App and significant updates to the Libero 6 LMS.
Knosys is planning for another investment year in FY26, as the product development team focuses on the delivery of the first commercial release of the Libero X product, and the sales & marketing teams prepare for an international market launch in FY27. Commencing in FY26, Knosys expects expanded revenue streams from the Libero Library App and the Libero 6 upgrades. The company is also investing in sales and marketing capabilities in preparation for the market launch of Libero X in international markets in FY27.