Sagtec partners with HM Edutech to develop AI financial analysis platform

Published 02/10/2025, 14:30
Sagtec partners with HM Edutech to develop AI financial analysis platform

KUALA LUMPUR - Sagtec Global Limited (NASDAQ:SAGT), a $26.14 million market cap technology company that has achieved 91.75% revenue growth over the last twelve months, has entered into a strategic partnership with HM Edutech Group Sdn Bhd to jointly develop an AI-powered financial data analytics platform, the company announced Thursday.

The HMS Data Analysis System will integrate advanced financial analytics with global education solutions in collaboration with TP Trader Academy Sdn Bhd, which will provide professional data for AI analysis.

Under the agreement, Sagtec will develop the system’s backend, frontend, infrastructure, and mobile application. The company expects to generate $1 million in upfront development revenue and participate in a long-term profit-sharing model tied to subscriber growth. According to InvestingPro data, Sagtec maintains a strong liquidity position with a current ratio of 5.66, providing financial flexibility for such development projects.

The platform, scheduled to launch in Q2 2026, is designed for both institutional and retail users, offering real-time analytics, predictive modeling, and financial education tools.

"This collaboration provides Sagtec with both immediate financial benefit and long-term upside," said Kevin Ng, Chief Executive Officer of Sagtec Global Limited, according to the press release.

The partnership aligns with Sagtec’s strategy to diversify into Software-as-a-Service (SaaS) recurring revenue streams alongside its existing enterprise technology solutions.

The global financial analytics software market was valued at $7.6 billion in 2020 and is projected to reach $19.8 billion by 2030, growing at a compound annual growth rate of 10.3%, according to Allied Market Research data cited in the company statement.

Sagtec Global Limited provides AI and automation platforms, initially focused on the food and beverage sector, and operates a network of mobile charging stations through its subsidiary.

In other recent news, Sagtec Global Limited reported a significant 144% increase in revenue, reaching $11.4 million for the first half of 2025. This impressive growth is accompanied by a 308% rise in net profit, totaling $1.9 million, and a 173% increase in gross profit, which now stands at $2.3 million. These figures highlight Sagtec’s robust financial performance in the recent period. The company, based in Malaysia, has shown substantial progress compared to the same period last year. Investors may find these developments noteworthy as they reflect Sagtec’s strong market presence and operational efficiency. This recent financial data provides a clear picture of the company’s upward trajectory.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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