Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services. KYP has reported a 6% year-on-year increase in Q2 FY24 revenue to $7.1m, and a 145% year-on-year increase in SaaS revenue to $2.4m. SaaS revenue accounted for 33% of total revenue for the quarter, compared to 14% in Q2 FY23. The acceleration in SaaS revenue seen in Q2 reflected the impact of the new contract wins reported at the company AGM in October. ....

22 Jan 2024
Q2 SaaS revenue increases 145% on the pcp

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q2 SaaS revenue increases 145% on the pcp
Kinatico Limited (KYP:ASX) | 0 0 0.0% | Mkt Cap: 17.2m
- Published:
22 Jan 2024 -
Author:
Finola Burke -
Pages:
7 -
Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services. KYP has reported a 6% year-on-year increase in Q2 FY24 revenue to $7.1m, and a 145% year-on-year increase in SaaS revenue to $2.4m. SaaS revenue accounted for 33% of total revenue for the quarter, compared to 14% in Q2 FY23. The acceleration in SaaS revenue seen in Q2 reflected the impact of the new contract wins reported at the company AGM in October. ....