Research analysts covering SAGTEC GLOBAL.
Recent press releases and 8-K filings for SAGT.
Sagtec Global Limited Secures US$4.0 Million AI Software Development Agreement
SAGT
New Projects/Investments
Product Launch
- Sagtec Global Limited announced a US$4.0 million software development agreement with Grandpride Luxury Travel Sdn. Bhd. on January 5, 2026.
- The agreement involves Sagtec designing, developing, implementing, and supporting a Smart AI E-Hailing, Car Rental and Subscription System (the "Platform").
- The US$4.0 million contract value comprises US$1.6 million for licensing and custom software development, and US$2.4 million for five years of recurring service, maintenance, data hosting, and analytics services.
- Initial development is scheduled to commence in Q1 2026, with a phased rollout targeted within three to eight months.
- This agreement supports Sagtec's strategy to expand its long-term, recurring service, maintenance, and hosting revenue.
Jan 14, 2026, 1:30 PM
SAGTEC GLOBAL Enters Software Development Agreement
SAGT
New Projects/Investments
Product Launch
- SAGTEC GLOBAL LIMITED entered into a software development agreement with Grandpride Luxury Travel Sdn. Bhd. on January 5, 2026, to design, develop, and deliver a Smart AI E-Hailing & Car Rental and Subscription System / Program.
- The aggregate contract value is US$4.0 million, consisting of US$1.6 million for licensing and custom software development, and US$1.2 million each for five-year service and maintenance, and data hosting and analytics services.
- Fees for licensing and development are payable in milestone-based installments, while service, maintenance, data hosting, and analytics fees are payable monthly over a five-year period following the client's final acceptance of the Platform.
Jan 12, 2026, 11:27 AM
Sagtec Global Limited Reports Significant Revenue and Profit Growth in Q3 2025 Interim Results
SAGT
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Sagtec Global Limited reported a 97% year-over-year surge in revenue to US$15.1 million and a 226% increase in net profit to US$2.6 million for the nine months ended September 30, 2025.
- Basic and diluted earnings per share (EPS) rose to US$0.20 for the nine months ended September 30, 2025, up from US$0.07 in the prior-year period.
- Total assets grew to US$14,496,432 as of September 30, 2025, from US$6,498,930 as of December 31, 2024, with total equity increasing to US$11,491,625 from US$4,131,030, largely driven by the issuance of new share capital totaling US$4,753,973 following the IPO in March 2025.
- The company's cash and cash equivalents increased to US$313,470 as of September 30, 2025, from US$87,926 at the beginning of the period (December 31, 2024), with net cash generated from operating activities reaching US$1.9 million for the nine months ended September 30, 2025.
- Net cash used in investing activities sharply increased to US$6.1 million for the nine months ended September 30, 2025, compared to US$1.1 million in the same period of 2024, indicating continued investment in strategic assets.
Nov 25, 2025, 2:01 PM
Sagtec Global Limited Finalizes Expanded AI Partnership with Kinetic Seas
SAGT
New Projects/Investments
Revenue Acceleration/Inflection
- Sagtec Global Limited (SAGT) has finalized an addendum to its licensing agreement with Kinetic Seas Incorporated, expanding their strategic partnership for AI co-development as of November 4, 2025.
- The original US$2,000,000 licensing fee is now fully satisfied by Sagtec's issuance of 5,500,000 Class A Ordinary Shares to Kinetic Seas, subject to Rule 144 restrictions with a 12-month holding period beginning August 21, 2025.
- A new revenue-sharing model allocates 70% of net revenue to Sagtec and 30% to Kinetic Seas for customer AI development and deployment projects.
- Kinetic Seas will serve as Sagtec's exclusive AI development and technology partner in Southeast Asia, providing end-to-end AI product development and turnkey solutions to Sagtec's client base, which includes over 12,000 SaaS clients.
- This expanded partnership has already secured new contracts, including a $3 million digital transformation contract and a $1 million AI-powered SaaS platform agreement, with Sagtec projecting FY 2026 AI Solutions Revenue of $12 - $15 million and 200% YoY growth in recurring SaaS revenue.
Nov 4, 2025, 1:30 PM
Sagtec Global Limited to Vote on Dual-Class Share Structure
SAGT
Proxy Vote Outcomes
- Sagtec Global Limited will hold an Extraordinary General Meeting on September 30, 2025, to approve a dual-class share structure.
- The proposed structure introduces Class A Ordinary Shares with one vote per share and Class B Ordinary Shares with twenty votes per share, with both classes ranking equally for distributions.
- If approved, 2,000,000 Ordinary Shares registered in the name of CEO Ng Chen Lok will be redesignated as Class B Ordinary Shares, and the remaining Ordinary Shares will become Class A Ordinary Shares.
- The Board of Directors unanimously recommends shareholders vote "FOR" all proposed resolutions.
Aug 26, 2025, 12:00 AM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more