SagTech Global Limited (NASDAQ: SAGT) reported record revenue of $19.1 million for fiscal 2025, a 49% year-over-year increase, driven by its recurring software solutions (Speed+ smart ordering and QR-based systems) which now account for over 60% of total revenue, demonstrating how subscription-based software models can drive sustainable business growth and profitability.
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SagTech Reports Record Revenue Growth as Recurring Software Drives ExpansionAdded:
I'm Anna Berry and this is News Out.
Saga Tech Global Limited, trading on the Nasdaq under the ticker SAGT, is reporting record-breaking financial results for fiscal year 25, signaling strong momentum in the company's growth strategy. The technology solutions provider posted revenue of 19.1 million, marking a 49% year-over-year increase, its highest on record. Driving that growth is Saga Tech's shift toward recurring software revenue with its Speed Plus smart ordering and QR-based systems now accounting for more than 60% of total revenue. Gross profit also climbed 45% to 4.3 million, while EBITDA reached 3.4 million, reflecting improved operational scale. At the same time, the company is investing heavily in expansion, impacting short-term margins, but fueling long-term growth across Southeast Asia and beyond. Saga Tech's strong top-line performance, combined with rising adoption of its subscription-based platforms, positions the company to capitalize on the growing demand for digital ordering, data analytics, and enterprise software solutions. For News Out, I'm Anna Berry.
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