Welcome to our dedicated page for SAGTEC GLOBAL news (Ticker: SAGT), a resource for investors and traders seeking the latest updates and insights on SAGTEC GLOBAL stock.
SAGTEC GLOBAL LTD (SAGT) provides cutting-edge technology solutions in electronics, data integration, and industrial automation across global markets. This page serves as the definitive source for all official company announcements and market-related developments.
Investors and industry professionals will find timely updates including earnings reports, product launches, strategic partnerships, and leadership changes. Our curated collection ensures transparent access to information that impacts SAGTEC's market position and technological innovation trajectory.
Regular updates cover operational milestones across SAGTEC's core business segments: advanced engineering solutions, proprietary technology licensing, and integrated service delivery. Bookmark this page to monitor how the company navigates evolving demands in industrial automation and smart technology infrastructure.
SAGTEC Global Limited (NASDAQ: SAGT), a Malaysia-based technology solutions provider, has announced its strategic expansion into the U.S. market. The company is leveraging support from key Malaysian agencies including MIDA and MATRADE to accelerate market entry.
The expansion targets the U.S. Point-of-Sale (POS) market, projected to exceed $25 billion by 2030. With a current base of 13,000 global clients, SAGTEC plans to introduce its Speed+ POS system and AI-powered solutions in major U.S. cities, focusing on F&B operators, retailers, and logistics companies.
The company aims to strengthen recurring revenue through SaaS-style AI offerings and capture new enterprise partnerships in the world's largest enterprise tech economy.
Sagtec Global (NASDAQ: SAGT) has entered into a strategic licensing agreement with Kinetic Seas to integrate the Skilliks AI platform into its POS systems. The partnership enables Sagtec to provide AI-powered solutions to its 13,000+ global clients in the F&B sector, focusing on key functionalities like ingredient management and demand forecasting.
The white-label agreement allows Sagtec to extend its AI solutions beyond F&B in Southeast Asia, creating new revenue streams while avoiding costly in-house AI development. This strategic move positions Sagtec as a regional leader in digital transformation while maintaining financial discipline.
SAGTEC Global Limited (SAGT) has secured an exclusive IT consultancy contract with Malaya Heritage Holding Limited to spearhead a comprehensive 24-month digital transformation program for their F&B operations. The initiative is expected to generate approximately USD 3 million in revenue for SAGTEC.
The transformation program will implement advanced technologies including automated central kitchen systems, intelligent outlet management platforms, and service robotics. SAGTEC will provide end-to-end solutions covering system design, software development, deployment, and integration across multiple outlets.
SAGTEC Global Limited (NYSE:SAGT) has announced the termination of its Share Sale Agreement (SSA) with Ramssol Group Berhad for the proposed acquisition of a 40% stake in Rider Gate Sdn Bhd. The agreement, initially announced on July 18, 2025, and signed on July 14, 2025, has been terminated due to the lack of requisite approval from SAGTEC's Board of Directors.
The termination comes with no financial penalties or compensation requirements for either party. SAGTEC has confirmed that this decision will not adversely impact its financial position or results for the current fiscal year. The company remains open to future strategic collaborations with Ramssol or other potential partners.
Sagtec Global (NASDAQ: SAGT) has successfully completed the first phase of its $10 million UAE smart hospitality contract, receiving the initial milestone payment. The contract, partnered with SMD Tech – FZCO, includes over 60% recurring revenue from software licensing, analytics, hosting, and services.
The company also reported successful deployment of its Speed+ Smart Ordering System, supporting a $30 million pipeline across Southeast Asia. This cloud-based F&B and hospitality solution aims to enhance service efficiency and transaction revenue.
With the UAE hospitality sector projected to reach $37.7 billion by 2033, Sagtec is strategically positioned in the smart tourism and digital guest experience markets, focusing on margin-accretive growth and geographic expansion.
Sagtec Global Limited (NASDAQ: SAGT) reported exceptional financial results for H1 2025, with revenue surging 144% year-over-year to US$11.4 million. The company's net profit skyrocketed 308% to US$1.9 million, while gross profit rose 173% to US$2.3 million.
Revenue growth was driven by a 107% increase in services revenue to US$6.9 million and a remarkable 237% jump in tangible products revenue to US$4.4 million. EBITDA grew 205% to US$2.47 million, reflecting strong operational efficiency. The company's EPS increased to US$0.14 from US$0.04 in the prior year period.
Cash position strengthened to US$454 thousand from US$87.9 thousand, supported by US$7.20 million in financing activities, despite increased investments in operations and strategic assets.
Sagtec Global Limited (NASDAQ: SAGT), a technology innovator specializing in customizable software and AI systems, will release its first half 2025 financial results on July 21, 2025, before market open.
The company will host an earnings conference call at 8:30 AM Eastern Time on the same day to discuss financial performance and business outlook. CEO Kevin Ng indicated the period reflects steady progress in technology offerings and market expansion.
Sagtec Global (NASDAQ: SAGT) has secured a US$10 million smart hospitality technology agreement with UAE-based SMD Tech – FZCO, marking its strategic entry into the Middle East's hotel automation segment. The contract involves developing and managing a next-generation Hotel Self Check-In/Out System across UAE's premium hospitality properties.
The deal structure includes US$4 million for licensing and custom software development, US$3 million for a five-year service and maintenance agreement, and US$3 million for a five-year data hosting and analytics contract. Notably, 60% of the contract value represents multi-year recurring revenue.
This agreement follows Sagtec's May 2025 announcement of a US$30 million revenue pipeline from its Speed+ Smart Ordering System. The comprehensive solution suite includes integrated hotel check-in/out automation, unified integration platform, automated room key card dispensing systems, and specialized CRM and POS modules. The UAE hospitality market is projected to reach US$37.7 billion by 2033, growing at a CAGR of 5.2% from 2025.