SAGT

KUALA LUMPUR, Malaysia, April 29, 2026 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced its audited financial results for the financial year ended December 31, 2025 (the “Financial Results”). Sagtec achieved record revenue of US$19.1 million for fiscal year 2025, representing a 49% year-over-year (YoY) increase. Gross profit increased by 45% YoY to US$4.3 million, driven by strong revenue growth. Revenue contribution from the Speed+ smart ordering and QR ordering system subscriptions increased to 62% in 2025, reflecting strong market adoption. Data management and analytics services recorded steady growth, contributing 14.5% of total revenue in 2025. The company is becoming more scalable and sustainable by focus growing its Software subscription revenue recurring income and relying less on One-Off Sales, which makes revenue more stable and consistently growth. “We are pleased to report a year of outstanding performance in 2025, marked by continued revenue growth and improved operational scale. These results reflect the strength of our business model, increasing market adoption of our solutions, and the disciplined execution of our strategic priorities. During the year, we made meaningful progress in expanding our core offerings, strengthening our recurring revenue base, and enhancing our operational capabilities. As we move forward, we remain focused on driving sustainable growth, improving margins, and deepening our presence in key regional markets, including Indonesia, Hong Kong, and across Southeast Asia. We believe our continued investment in technology, innovation, and strategic partnerships positions us well to capture emerging opportunities and deliver long-term value to our clients, shareholders, and stakeholders,” said Kevin Ng Lok, Chairman, Executive Director and Chief Executive Officer of Sagtec. FINANCIAL RESULTS Revenue was US$19.1 million for the financial year ended December 31, 2025, representing an increase of 49% YoY from US$12.8 million for the financial year ended December 31, 2024. The growth in revenue is primarily driven by strong performance across all core verticals – both services provided and tangible products, supported by the expansion into new markets. Revenue from services increased by 62% to US$12.2 million for the financial year ended December 31, 2025, compared to US$7.6 million for the financial year ended December 31, 2024. This growth was primarily driven by strong client retention through subscription renewals, as well as successful acquisition of new subscribers. Revenue from tangible products grew by 26% to US$6.6 million for the financial year ended December 31, 2025, compared to US$5.3 million for the financial year ended December 31, 2024. This increase was mainly driven by higher distribution of food ordering kiosks, in response to changing market behavior and ongoing labor shortages in the F&B industry. In addition, increased revenue from power bank charging stations reflects the success of the Company’s expansion strategy via dealers and resellers. Revenue from rentals was US$0.3 million for the financial year ended December 31, 2025, compared to nil for the financial year ended December 31, 2024, arising from the newly introduced coffee machine kiosk rental business. As there were no comparable rental revenues in fiscal year 2024, a year-over-year percentage comparison is not meaningful (N/M). This initiative aligns with the Group’s diversification strategy and leverages the growing automation trend in the beverage retail sector. Supported by the Group’s in-house Speed+ capabilities and software customization expertise, this new business vertical demonstrates promising growth potential, albeit with a relatively longer payback period compared to direct sales. Cost of Service was US$14.8 million for the financial year ended December 31, 2025, representing an increase of 50% from US$9.8 million for the financial year ended December 31, 2024. Cost of services increased by 55% to US$10.1 million, compared to US$6.5 million in fiscal year 2024, mainly due to higher server capacity and maintenance costs in line with subscriber growth. Cost of tangible products increased by 40% to US$4.5 million, compared to US$3.2 million in fiscal year 2024, driven by higher sales volume and associated operational costs. Cost of rentals increased by 97% to US$0.16 million for the financial year ended December 31, 2025, from US$0.08 million for the financial year ended December 31, 2024, primarily due to the expansion of rental operations and higher associated maintenance and operating costs. Director compensation increased by 49% to US$0.25 million for the financial year ended December 31, 2025, compared to US$0.17 million for the financial year ended December 31, 2024, reflecting performance-based incentives aligned with business growth. Operating income decreased to US$2.1 million for the financial year ended December 31, 2025, representing a 9% decrease from US$2.3 million for the financial year ended December 31, 2024. The decline was primarily attributable to higher operating expenses, including increased depreciation and expansion-related costs. EBITDA was US$3.4 million for the financial year ended December 31, 2025, representing a margin of 17.8%, compared to US$2.8 million for the financial year ended December 31, 2024. The increase of 18.7% was primarily driven by higher operating scale, partially offset by increased depreciation and expansion-related costs. Net profit for the financial year ended December 31, 2025, amounted to US$1.8 million, representing a US$0.03 million increase from a net profit of US$1.77 million for the financial year ended December 31, 2024. Basic and diluted earnings per share were US$0.09 for the financial year ended December 31, 2025, compared to US$0.16 for the financial year ended December 31, 2024, representing a decrease of US$0.07, or 44%, primarily due to an increase in the number of shares outstanding. CASH POSITION AND CAPITAL ALLOCATION Net cash generated from operating activities was US$4.1 million in fiscal year 2025, representing a significant increase of 187% from US$1.4 million in fiscal year 2024. The increase was mainly driven by higher profit before tax, adjusted for non-cash items, together with favorable changes in working capital, including increases in other receivables and prepayments, trade payables, other payables, and accrued liabilities, as well as a reduction in trade receivables. The improvement in operating cash flow reflects enhanced collection efficiency, disciplined working capital management, and increased business activity following the IPO. Net cash used in investing activities amounted to US$7.0 million in fiscal year 2025, representing an increase of 480% compared to US$1.2 million in fiscal year 2024. Capital expenditures were primarily incurred for the acquisition of plant and equipment to support new business segments and technological upgrades, partially offset by proceeds from the disposal of plant and equipment. The increase in capital investment is in line with the Group’s post-IPO strategy to enhance operational capacity, strengthen infrastructure, and support long-term growth. Net cash generated from financing activities increased to US$5.1 million in fiscal year 2025, representing a significant increase from US$64 thousand in fiscal year 2024. The increase was primarily driven by proceeds from the issuance of new share capital in connection with the IPO, as well as additional bank borrowings, partially offset by repayments of lease liabilities and bank loans, and placements in fixed deposits. These financing inflows strengthened the Company’s liquidity position and supported its expansion and capital investment initiatives during the year. Cash and cash equivalents stood at US$2.3 million as of December 31, 2025, representing a significant increase compared to US$91 thousand as of December 31, 2024. This balance includes cash on hand, bank balances, and cash held in share trading accounts. While the Company’s cash position improved significantly compared to the prior year, it continues to actively monitor and manage its liquidity to ensure sufficient working capital to support operations and growth initiatives. ABOUT SAGTEC GLOBAL LIMITED Sagtec Global Limited (NASDAQ: SAGT) is a Nasdaq-listed technology company specializing in POS systems and enterprise software solutions, now expanding into strategic operating assets to create vertically integrated revenue streams. FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements regarding Sagtec’s growth prospects, AI platform adoption, expansion into new markets and future monetization strategies. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. The proposed transaction described in this release remains subject to due diligence, negotiation and execution of definitive agreements, and customary closing conditions, and there can be no assurance that the transaction will be completed as contemplated. Sagtec undertakes no obligation to update any forward-looking statements except as required by law. CONTACT INFORMATION: Sagtec Global Limited Contact: Zainab Fateema binti Mustafa Head of Public Relations & Corporate Affairs Telephone +6011-6217 3661 Email: [email protected]

KUALA LUMPUR, Malaysia, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Sagtec Global Limited (“Sagtec” or the “Company”), a technology-focused company engaged in the development and deployment of software and digital solutions, today provided a corporate update regarding its anticipated full-year financial reporting timeline, preliminary operating trends, and strategic priorities for 2026. The Company currently expects to release its full-year financial results in April 2026, subject to the completion of its audit process and customary internal and external review procedures. Following the release of its financial results, Sagtec plans to conduct an earnings call to discuss the Company’s financial performance, operating developments, and business outlook. Preliminary Operating Performance Based on preliminary internal management estimates, which remain unaudited and subject to final audit adjustments, the Company currently estimates year-on-year growth of approximately: 64% increase in revenue, 75% increase in net profit, and 93% increase in operating cash flow. Management notes that these estimates are derived from internal financial data and reflect continued improvements in operating efficiency, increased contribution from software-related revenue streams, and disciplined cost management. These figures are provided for informational purposes only and may differ materially from the Company’s final audited results. Business Strategy and Outlook for 2026 In 2026, Sagtec intends to focus on strengthening its core technology offerings while selectively pursuing growth opportunities that align with the Company’s long-term strategy and risk management framework. Key strategic priorities include: Expansion of SaaS-Based Subscription Revenue Continued enhancement of the Company’s SaaS model, with an emphasis on recurring revenue, scalability, and customer retention. Artificial Intelligence Platform Initiatives Evaluation and development of AI platform opportunities, including a planned collaboration with Skilliks, subject to definitive agreements and implementation milestones. Assessment of EV Bike Subscription Opportunities in Southeast Asia Exploration of potential entry into the EV bike subscription segment in selected Southeast Asian markets, subject to regulatory, operational, and commercial feasibility. Expansion of ESG-Related Software Capabilities Evaluation of additional software functionalities, including ESG carbon credit management and tax calculation features, in response to evolving regulatory and reporting requirements. Strategic Investment and Partnership Update The Company also reiterated its previously announced strategic partnership with HM Development, which was announced on October 2, 2025. Pursuant to this partnership, Sagtec invested USD 2 million into HM’s AI Edutech Power Trading software through the issuance of Class A Ordinary Shares. This investment supports the development of AI-driven solutions and remains subject to ongoing collaboration and execution plans. Governance and Disclosure Sagtec remains committed to prudent financial management, sound corporate governance, and transparent communication with its shareholders. The Company will continue to make disclosures in accordance with applicable regulatory requirements and will provide updates on material developments as appropriate. About Sagtec Global Limited Sagtec Global Limited (NASDAQ: SAGT) is a leading provider of digital transformation and SaaS solutions, empowering over 12,000 businesses across Southeast Asia with the tools to enhance efficiency, automation, and market competitiveness. For more information on the Company, please log on to https://www.sagtec-global.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations, estimates and projections about its business, industry and future results, and involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements may include, but are not limited to, statements regarding the expected scope, performance, timing and benefits of the Platform, the Company’s ability to deliver the project as contemplated, and the anticipated impact of the agreement on the Company’s business and financial condition. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law. Contact Information: Sagtec Global Limited Contact: Zainab Fateema binti Mustafa Head of Public Relations & Corporate Affairs Telephone +6011-6217 3661 Email: [email protected]

KUALA LUMPUR, Malaysia, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading total technology solutions provider specializing in AI technology, cloud-based ordering systems, and customizable software solutions, today announced its audited financial results for the nine months ended September 30, 2025 (the “Interim Results” or the “Financial Results”). Revenue surged 97% year-over-year (YoY) to US$15.1 million for nine months period ended September 30, 2025, driven by strong growth across both services and tangible products. Net profit rose 226% YoY to US$2.6 million, driven by higher operating income, improved gross margins, and increased other income. Gross profit increased 121% to US$3.6 million, reflecting robust demand and operating leverage. Cash position strengthened significantly to US$313 thousand, compared to a deficit of US$353 thousand at the beginning of the period, reflecting a total improvement of US$666 thousand, representing a 189% improvement relative to the starting deficit. “Our record-breaking results demonstrate the strength of Sagtec’s business model and the scalability of our revenue streams. Demand for our software and smart hardware solutions continues to grow, supported by an expanding customer base and increasing recurring contributions. The strategic initiatives we’ve executed are delivering measurable returns and reinforcing our position in Malaysia’s digital transformation landscape. As we move forward, we remain focused on disciplined expansion, sustainable profitability, and creating long-term value for our shareholders across Southeast Asia,” said Kevin Ng, Chairman, Executive Director and Chief Executive Officer of Sagtec. FINANCIAL RESULTS Sagtec’s revenue for the nine months ended September 30, 2025, increased to US$15.1 million, up 97% from US$7.6 million in the same period last year. Growth was broad-based across all core business segments, supported by accelerating adoption of subscription-based software, customized development services, and technology-enabled hardware solutions within the food and beverages (F&B) and related sectors. Sagtec’s revenue from services surged by 79% to US$9.5 million for the nine months period ended September 30, 2025, compared to US$5.3 million for the same period in 2024. The growth was driven by strong renewal momentum, new customer acquisitions following the IPO, and enhanced customer experience initiatives. The implementation of AI-driven features within our subscription platform has further strengthened renewal rates by providing personalized user experiences, predictive analytics, and automated support tools, resulting in stronger end-customer engagement and satisfaction. Our bundled service offerings and strengthened client engagement programs have reinforced recurring revenue stability. Improved post-IPO market visibility, combined with our technical expertise and flexible engagement models, positioned us as a preferred partner regionally. Our ability to integrate automation and AI-assisted campaign tools has attracted both local and international clients seeking measurable marketing impact. The Company’s revenue generated from tangible products grew by 135%, reaching US$5.6 million for the nine months ended September 30, 2025, compared to US$2.4 million in the same period last year. Growth was driven by digitalization trends in the F&B sector as operators adopted automation to manage costs and improve service efficiency. Our kiosks, powered by the Speed+ interface, achieved strong market traction due to their ease of use, improved throughput, and reduced labor dependency. Besides, the improvement was supported by network expansion into high-traffic areas and growing consumer adoption of portable charging solutions. Strategic partnerships and heightened post-IPO brand visibility further reinforced this vertical’s contribution. Revenue from the newly introduced F&B service robotic machine kiosk rental business contributed US$89 thousand in 2025. This initiative aligns with the Group’s diversification strategy and taps into a rising automation trend in beverage retail. Supported by in-house Speed+ expertise and software customization capabilities, this new vertical demonstrates strong potential despite longer payback periods. EBITDA grew 139% year-over-year, from US$1.5 million for the nine months ended September 30, 2024 to US$3.6 million in the same period of 2025, reflecting strong revenue expansion, increased other income, and sustained operational efficiency. Net income rose 226% year-over-year, increasing from US$799 thousand in the nine months ended September 30, 2024, to US$2.6 million in the same period of 2025. The surge driven by sustained growth across all revenue streams, improved gross margins, and stable operating costs. This strong profitability underscores the Company’s ability to scale effectively in the post-IPO environment while maintaining financial resilience. Cost of sales was US$11.5 million for the nine months ended September 30, 2025, representing a 91% increase from US$6 million for the same period in 2024. This increase reflects the scaling up of operations following the IPO, supported by stronger sales momentum and expansion of technical infrastructure. Cost of sales from services increased by 71% to US$7.7 million, compared to US$4.5 million in the prior-year period. This increase primarily due to increased service volumes and investments in technical resources. The Group expanded its server capacity, network infrastructure, and maintenance services to support higher data traffic and ensure consistent system uptime. Additional costs were also incurred for technical support staff and source code development and maintenance which are crucial to maintaining service reliability amid growing demand. Expenses for tangible products increased 151% to US$3.7 million, up from US$1.5 million for the same period in 2024. The increase primarily due to higher sales volume and material cost increase in supplier pricing during the period. The Group does not perform manufacturing for these tangible products, as the food self ordering kiosks and power bank charging stations are purchased import directly from sole manufacturer and sold to customers. The overall increase in cost therefore correlates closely with the rise in units sold and adjustments in supplier costs. Despite this, the Company continues to maintain efficient procurement practices and strategic supplier relationships to support pricing stability and ensure consistent product quality. Cost of sales from rentals increased 77% to US$104 thousand, up from US$57 thousand, This increases mainly due to depreciation of newly deployed assets under the F&B service robotic machine kiosk rental model. In addition, the cost of sales continued to include the fixed depreciation charges for power bank charging stations that were previously used for rental purposes in the prior period. These costs remained largely fixed in nature, comprising asset depreciation, maintenance expenses, and limited operational manpower. As the rental business is still in its early stage, scalability and cost optimization are expected to improve as the segment matures and asset utilization rates increase. Operating income rose significantly to US$2.8 million for the nine months period ended September 30, 2025, representing a 135% increase from US$1.2 million in the same period of 2024. This substantial growth underscoring the Group’s strengthened operational efficiency and disciplined cost management following the IPO. The improvement reflects the Group’s ability to scale its business profitably, maintaining cost discipline while supporting higher revenue and activity levels. This strong performance was driven by the combination of higher gross margins, optimized operating structures, and strategic resource utilization across both service and product segments. The Group’s ongoing digitalization initiatives including process automation, enhanced financial management systems, and streamlined administrative workflows that contribute to improved productivity and reduced overhead pressure. Director compensation expenses increased by 45% from US$128 thousand in the nine months period ended September 30, 2024 to US$185 thousand in the same period of 2025. The increase reflects the adoption of a performance-based remuneration framework aligned with the Group’s post-IPO growth objectives. The increase also includes the introduction of remuneration for an Independent Director appointed after the IPO, in line with enhanced corporate governance requirements. This approach rewards leadership for strategic execution, financial performance, and strengthened governance oversight. As a result of these factors, net profit surged 226% year-over-year to US$2.6 million for the nine months ended September 30, 2025, compared to US$799 thousand for the same period in 2024. This driven by sustained growth across all revenue streams, improved gross margins, and stable operating costs. This strong profitability underscores the Company’s ability to scale effectively in the post-IPO environment while maintaining financial resilience. Basic and diluted earnings per share (EPS) stood at US$0.20, up from US$0.07 in the prior-year period. The increase in EPS highlights Sagtec’s expanding profitability and reinforces its ability to generate sustainable shareholder value as it continues executing its growth strategy. CASH POSITION AND CAPITAL ALLOCATION For the nine months ended September 30, 2025, net cash generated in operating activities was US$1.9 million, compared to a net inflow of US$820 thousand in the same period of 2024. This shift was primarily due to working capital movements, including a significant increase in other receivables and prepayments, as Sagtec scaled operations to meet growing client demand. While net profit and non-cash adjustments remained strong, short-term liquidity was impacted by timing differences in receivables and payables related to ongoing expansion initiatives. Net cash used in investing activities rose sharply to US$6.1 million in the nine months ended September 30, 2025, compared to US$1.1 million in the same period of 2024. The increase reflects Sagtec’s continued investment in strategic assets, including major upgrades to plant and equipment, as well as new software license acquisitions to support long-term scalability and product innovation. In contrast, net cash generated from financing activities surged to US$4.5 million during the period, up from US$8 thousand a year earlier. The strong inflow was primarily driven by the successful issuance of new share capital and additional financing facilities, which were used to support infrastructure investments and balance sheet strengthening. As a result of these movements, cash and cash equivalents increased to US$313 thousand as of September 30, 2025, compared to a deficit of US$353 thousand at the beginning of the period, reflecting a total improvement of US$666 thousand, representing a 189% improvement relative to the starting deficit. This improvement reflects Sagtec’s enhanced capital management and reinforces the company’s ability to support growth through a combination of equity and internally generated capital. About Sagtec Global Limited Sagtec Global Limited (NASDAQ: SAGT) is a leading total technology solutions provider specializing in AI technology, cloud-based ordering systems, and customizable software solutions. The Company drives digital transformation through a scalable SaaS model, empowering over 12,000 businesses across Southeast Asia with enhanced efficiency, automation, and market competitiveness. For more information on the Company, please log on to https://www.sagtec-global.com/. Contact Information: Sagtec Global Limited Contact: Zainab Fateema binti Mustafa Head of Public Relations & Corporate Affairs Telephone +6011-6217 3661 Email: [email protected]

KUALA LUMPUR, Malaysia, April 30, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced its audited financial results for the financial year ended December 31, 2024 (the “Financial Results”). Sagtec achieves record high revenue of US$11.6 million, for fiscal year 2024, reflecting a record high 78% Year-over-Year (YoY) growth. Gross profit surged 49% YoY to US$2.8 million, driven by substantial increases in revenue. Revenue contribution from the Speed+ smart ordering and QR ordering system subscriptions nearly doubled to 23% in 2024, reflecting strong market adoption. Software development services also saw steady growth, contributing 10% of total revenue in 2024. The company is now delivering stronger margins as it moves toward a more scalable and sustainable business model. “We are proud to have reached this milestone despite ongoing macroeconomic uncertainties. This success is a testament to the resilience of our business model and the unwavering dedication of our team. Our strong financial results underscore the growing demand for our innovative solutions and the effectiveness of our strategic initiatives. With significant growth in both revenue and gross profit, we are well-positioned for continued success. Looking ahead to 2025, we are focused on accelerating our expansion into key regional markets, including Indonesia, Hong Kong, and other Southeast Asian countries. This momentum reinforces our commitment to delivering sustained value to our clients, shareholders, and stakeholders as we continue to scale our presence in the digital economy,” said Kevin Ng Lok, Chairman, Executive Director and Chief Executive Officer of Sagtec. FINANCIAL RESULTS Revenue was US$11.6 million for fiscal year 2024, representing a surge of 78% YoY from US$6.5 million for fiscal year 2023. The growth in revenue is primarily attributed to strong performance across all core verticals – both services provided and tangible products, driven by the expansion in markets. Sagtec’s revenue from services surged by 122% to US$6.8 million for the fiscal year 2024, compared to US$3.1 million in fiscal year 2023. This increase was primarily driven by strong client retention through subscription renewals and the successful acquisition of new subscribers during the year. The company’s revenue generated from tangible products grew by 50%, reaching US$4.8 million for fiscal year 2024, compared to US$3.2 million in fiscal year 2023. This growth was largely fueled by the increased distribution of food ordering kiosks with screens, in response to shifting market behaviors and significant labor shortages in the F&B industry. Additionally, rising revenue from power bank charging stations highlights the success of Sagtec’s expansion strategy via dealers and resellers. Sagtec’s revenue generated from rentals declined significantly to zero in fiscal year 2024. This strategic shift reflects the company’s decision to move away from the rental service model – which involves a long return on investment – in favor of direct machine sales, with ongoing maintenance supported by third-party operators. Other income for fiscal year 2024 was zero, showing a significant decrease of 100% compared to US$264 thousand in fiscal year 2023. EBITDA stood at US$2.1 million in fiscal year 2024, reflecting a 17.7% margin of revenue, with a significant increase of 60%, compared to US$1.3 million in fiscal year 2023. This growth was primarily driven by higher profits and the reduction of non-essential expenses. Net income for the fiscal year 2024 amounted to US$1.6 million, representing a US$0.6 million increase from a net income of US$1.0 million for the fiscal year 2023. Cost of Service was US$8.9 million for the financial year ended December 31, 2024 representing an increase of 89% from US$4.7 million for the financial year ended December 31, 2023. Cost of sales from services increased by 140% to US$5.9 million for the fiscal year 2024, compared to US$2.5 million for the fiscal year 2023. The rise is primarily due to the increase of server capacity and proportional maintenance expenses due to the growth in the expanding subscriber base. Expenses for tangible products increased by 37% from US$2.1 million for the financial year ended December 31, 2023, to US$2.9 million for the financial year ended December 31, 2023. The increase is driven by the consistent growth in operational costs. Cost of sales from rentals edged up by 1%, from US$0.73 million in fiscal year 2023 to US$0.74 million in 2024. The slight increase was mainly due to the expansion of rental spaces to support operations and accommodate growing client demand. The expenses for the director compensation increased by 26% from US$0.12 million for fiscal year 2023 to US$0.15 million for the fiscal year 2024. The increase was due to the company’s commitment to rewarding management leadership for driving growth and enhancing overall performance. Non-controlling interests increased to 16% to US$17 thousand in fiscal year 2024 from US$11 thousand in fiscal year 2023. The increase of non-controlling interests is driven by the increase of other income. Operating income increased to US$2.1 million in fiscal year 2024, reflecting an increase of 55% compared to US$1.3 million in fiscal year 2023. This substantial growth was driven by effective and efficient cost management, despite rising operating expenses. It also reflects strong revenue growth from both services (146%) and tangible products (40%). As a result of the above, net profit was US$1.6 million for the financial year ended December 31, 2024, compared to US$1.0 million for the fiscal year ended December 31, 2023. Basic and diluted earnings per share was US$0.14 for the financial year ended December 31, 2024, compared to US$0.09 for the financial year ended December 2023, reflecting an increase of US$0.05 or 56%. CASH POSITION AND CAPITAL ALLOCATION Net cash generated from operating activities was US$1.3 million in fiscal year 2024, a significant increase of 134% from US$0.5 million in fiscal year 2023. This was primarily driven by net profit, adjustments for non-cash expenses, an increase in other receivables and prepayments, and a decrease in trade receivables. Net cash used in investing activities amounted to US$1.3 million in fiscal year 2024, representing a slight increase of 4% compared to US$1.2 million in fiscal year 2023. This increase was primarily driven by continued investment in plant and equipment. Net cash generated from financing activities declined to US$57 thousand in fiscal year 2024, reflecting a 92% decrease from US$788 thousand in fiscal year 2023. This decrease was primarily due to higher bank loan repayments and increased overdraft charges. Cash and cash equivalents stood at US$82 thousand as of December 31, 2024, marking a 254% increase compared to -US$52 thousand as of December 31, 2023. This figure includes cash on hand, bank balances, and cash held in share trading accounts. While the Company’s cash position improved significantly compared to the prior year, we continue to actively monitor and manage our liquidity position to ensure sufficient working capital to support operations and growth initiatives. About Sagtec Global Limited Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd. For more information on the Company, please log on to https://www.sagtec-global.com/. Forward-Looking Statement This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “continue” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof. Contact Information: Sagtec Global Limited Contact: Ng Chen Lok Chairman, Executive Director & Chief Executive Officer Telephone +6011-6217 3661 Email: [email protected]