• SaaS revenue up 49% to $6.5m in H1 FY25
• Total revenue increased 9% to $15.6m
• SaaS revenue now 42% of total revenue

Kinatico Ltd (ASX:KYP), a leading provider of 'know your people' solutions, has reported strong growth in its Software-as-a-Service (SaaS) revenue for the first half of the 2025 financial year. SaaS revenue grew 49% to $6.5m, representing 42% of the company's total revenue of $15.6m, up 9% on the prior corresponding period. The company's proven SaaS growth strategy continues to deliver results, with Q2 FY25 SaaS revenue increasing 47% year-on-year to $3.5m and comprising 46% of total Q2 revenue of $7.6m. Kinatico also maintained a cash accretive position, with closing cash and cash equivalents of $9.9m as at 31 December 2024, despite one-off restructuring charges and costs related to the launch of a new compliance platform. CEO Michael Ivanchenko expressed delight at the company's ability to achieve its growth targets while remaining cash accretive, and thanked Kinatico staff for their excellent ongoing efforts and commitment to the company's goals.