Kinatico Says Software-as-a-Service Revenue Up 58% YOY in Fiscal Q1
MT Newswires Live
Oct 24
Kinatico (ASX:KYP) said its software-as-a-service revenue was up 58% in the first quarter of fiscal year 2026 at AU$4.8 million, compared with AU$3 million in the year-ago period, according to a Friday Australian bourse filing.
Its consolidated Revenue was up 13% in the period at AU$9.1 million, compared with AU$8 million in the year-ago period. Its earnings before interest, taxes, depreciation, and amortization was up 21% at AU$1.4 million in the period, compared with AU$1.2 million in the previous year.
The firm noted that its revenue growth is outpacing cost growth and its software-as-a-service mix is driving higher gross margins.
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