Kinatico's Total Revenue Rises 9% in Fiscal H1; Shares Rise to Near 3.5-Year High

MT Newswires Live

2025/01/21

Kinatico (ASX:KYP) delivered total revenue of AU$15.6 million for the first half of fiscal 2025, a 9% rise on the prior year, according to a Monday filing with the Australian bourse.

Revenue from the company's Software-as-a-Service segment climbed 49% to AU$6.5 million.

For the second quarter, total revenue was AU$7.6 million. SaaS revenue surged 47% to AU$3.5 million.

Kinatico's closing cash and cash equivalents stood at AU$9.9 million as of Dec. 31, 2024.

The pre-employment screening technology developer's shares rose 3% in recent Tuesday trade and earlier hit their highest since October 2021.

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