Kneat Com Stock Price, News & Analysis

Kneat (OTCQC: KSIOF) has secured a three-year Master Services Agreement with a major European equipment manufacturer that operates in multiple industries including healthcare. The unnamed company, which employs over 15,000 people and operates in 120+ countries, will implement Kneat's Gx platform to digitize equipment testing processes.

The deployment will initially begin at two strategic European sites. This marks Kneat's seventh strategic customer win in 2025, following a record-breaking quarter for new customer acquisitions. The partnership aims to enhance delivery quality and client handover processes through digital transformation.

Kneat (OTCQC: KSIOF) has secured a three-year Master Services Agreement with a global medical technology company, a division of a larger Asian manufacturer with over 30,000 employees operating in more than 160 countries. The client will implement the Kneat Gx platform for equipment validation processes.

CEO Eddie Ryan highlighted that this agreement reinforces the industry's confidence in Kneat's solutions within the life sciences sector. The company's growing platform functionality and adoption by major life sciences companies demonstrates Kneat's technical capabilities and strategic value in validation use cases.

Kneat (OTC: KSIOF) reported strong financial results for Q2 2025, with total revenue reaching $15.4 million, up 32% year-over-year. The company's SaaS revenue grew 31% to $14.1 million, while Annual Recurring Revenue (ARR) increased 43% to $64.8 million.

Q2 2025 highlights include improved gross margin of 75%, EBITDA of $3.8 million, and a reduced net loss of $0.4 million compared to a $3.1 million loss in Q2 2024. The company secured multiple significant client wins, including agreements with a multinational generic pharmaceuticals producer and a global healthcare technology company.

Kneat also announced key executive changes, including the appointment of Dave O'Reilly as CFO and the creation of a Chief Innovation Officer role. The company launched Kneat Gx 9.5, enhancing data management capabilities and validation processes.

Kneat (OTC: KSIOF), a company specializing in digitizing and automating validation and quality processes, has scheduled its Q2 2025 financial results release for August 5, 2025 after TSX market close.

The company will host a conference call and Q&A session for analysts on August 6, 2025 at 09:00 ET. CEO Eddie Ryan and CFO Dave O'Reilly, along with outgoing CFO Hugh Kavanagh, will lead the webcast presentation. The financial results will be accessible through the company's investor relations website.

Kneat (OTCQC: KSIOF), a leader in digitizing and automating validation and quality processes, has announced a significant leadership transition. CFO Hugh Kavanagh will retire from the company, with his final day set for August 8th, 2025.

The company has appointed Dave O'Reilly as the new CFO, effective July 7th, 2025. O'Reilly brings substantial experience from his previous role as CFO at Ekco, where he helped scale the company to $200 million in annual revenue. His background includes serving as international controller for a $4 billion-SaaS business, Consensus Cloud Solutions/Ziff Davis Inc.

To ensure continuity, Kavanagh and O'Reilly will work together for a one-month transition period. CEO Eddie Ryan expressed confidence in O'Reilly's ability to contribute to Kneat's continued scaling efforts in the Life Sciences sector.

Kneat (OTCQC: KSIOF) has secured a multi-year Master Services Agreement with a major U.S.-based healthcare technology and diagnostics company. The unnamed company, which employs over 50,000 people and operates manufacturing facilities in more than a dozen countries, will implement Kneat's Gx platform to digitize their Commissioning, Qualification and Validation workflows.

The platform will be deployed at several lead manufacturing sites, focusing on facilities, equipment, and computer systems validation. According to the State of Validation 2025 study, 93% of organizations are now using or planning to use digital validation, up from 86% in 2024.

Kneat (TSX: KSI) (OTC: KSIOF), a company specializing in digitizing and automating validation processes, held its Annual General Meeting (AGM) on May 28, 2025. At the meeting, shareholders voted on two main items: the election of directors and the re-appointment of auditors.

All five nominated directors were successfully elected to the board with strong approval ratings ranging from 96.02% to 100%. Edmund Ryan received unanimous support (100%), while Carol Leaman (99.97%), Nutan Behki (97.32%), Ian Ainsworth (97.27%), and Wade K. Dawe (96.02%) also received overwhelming approval.

Additionally, shareholders approved the re-appointment of KPMG LLP as the company's auditors with 99.91% of votes in favor.

Kneat.com (TSX: KSI, OTCQC: KSIOF) has secured a three-year Master Services Agreement with a major US-based clinical diagnostics manufacturer. The unnamed customer operates in over 40 countries with 14,000+ employees and is part of a larger life sciences organization employing more than 60,000 people. The agreement focuses on digitizing the customer's equipment validation process using Kneat's Gx platform. The client specializes in providing diagnostic solutions to hospitals, laboratories, and physicians' offices globally. This partnership aligns with the broader industry trend of life sciences companies transitioning from manual, paper-based validation processes to digital solutions for improved quality, compliance, and market efficiency.

Kneat (KSIOF) reported strong financial results for Q1 2025, with total revenue reaching $14.7 million, up 37% year-over-year. The company's SaaS revenue grew 42% to $13.8 million, while Annual Recurring Revenue (ARR) increased 51% to $63.5 million. Gross profit rose 38% to $10.9 million, maintaining a steady gross margin of 74%. The company showed significant improvement in profitability with EBITDA of $5.9 million compared to -$0.5 million in Q1 2024, and Adjusted EBITDA of $2.3 million versus $0.6 million. During Q1, Kneat announced several key developments, including a partnership with Capgemini and new client acquisitions in therapeutics, consumer products, and pharmaceuticals. The company also expanded its executive team, appointing a new Chief Innovation Officer and Chief Product Officer.