Kinatico (ASX: KYP) reported a robust financial performance for H1 FY25, with consolidated revenue reaching AU$15.6 million, marking a 9% increase year-over-year. SaaS revenue grew significantly by 49% to AU$6.5 million, now comprising 42% of total revenue. EBITDA rose 10% to AU$2.1 million, while NPAT increased 17% to AU$0.4 million. The company maintained a strong cash position with AU$9.9 million in cash and cash equivalents and no debt, reflecting its financial stability.
A key highlight was the introduction of ComplianceX, which will be marketed as Kinatico. This platform revolutionizes people management compliance by integrating screening, validation, and procedural systems into a seamless, real-time solution. Designed for both administrators and mobile users, ComplianceX simplifies compliance management, much like Uber transformed ridesharing. With a growing customer base and continued investment in SaaS capabilities, Kinatico is well-positioned for scalable growth in the compliance sector.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.