Kinatico's Q1FY25 Financial Results

Kinatico Limited (ASX:KYP) has reported its unaudited flash results for the first quarter of the 2025 financial year. The company achieved a 50% increase in SaaS revenue for Q1FY25, reaching $3.0m, and a record total revenue of $8.0m, marking a 10% increase from the prior corresponding period.

Executive Commentary on Q1FY25 Results

Kinatico CEO Michael Ivanchenko commented, 'This is a strong result that reflects the market demand for simplifying daily compliance management and is further confirmation of the strategic direction of the Company.'

Summary of Kinatico's Q1FY25 Performance

Kinatico Limited (ASX:KYP) has demonstrated impressive growth in its SaaS revenue, with a 50% increase in Q1FY25, reaching $3.0m. The company also achieved a record total revenue of $8.0m, marking a 10% increase from the prior corresponding period. CEO Michael Ivanchenko emphasized the market demand for simplifying daily compliance management as a key driver of the strong result. Kinatico's strategic direction and position as a leading provider of 'know your people' solutions internationally bode well for its global expansion plans and continued growth.