Sagtec Global (NASDAQ SAGT) Achieves Key Milestone in UAE Smart Hospitality Deal; On Track for 2025 Revenue Recognition

Rhea-AI Summary

Sagtec Global (NASDAQ: SAGT) has successfully completed the first phase of its $10 million UAE smart hospitality contract, receiving the initial milestone payment. The contract, partnered with SMD Tech – FZCO, includes over 60% recurring revenue from software licensing, analytics, hosting, and services.

The company also reported successful deployment of its Speed+ Smart Ordering System, supporting a $30 million pipeline across Southeast Asia. This cloud-based F&B and hospitality solution aims to enhance service efficiency and transaction revenue.

With the UAE hospitality sector projected to reach $37.7 billion by 2033, Sagtec is strategically positioned in the smart tourism and digital guest experience markets, focusing on margin-accretive growth and geographic expansion.

Positive

• Secured first milestone payment from $10 million UAE contract
• Over 60% of contract value is recurring revenue
• $30 million pipeline for Speed+ Smart Ordering System
• Successful commercial deployment of Speed+ platform
• Strong market opportunity with UAE hospitality sector projected at $37.7B by 2033

Negative

• None.

KUALA LUMPUR, Malaysia, July 25, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a provider of enterprise software solutions for high-growth verticals, today announced the successful delivery of the first phase of its previously disclosed US$10 million smart hospitality contract in the United Arab Emirates (UAE), in partnership with SMD Tech – FZCO. The Company has received the first milestone payment, validating both project execution and commercial delivery.

The deal, originally announced in July 2025, is structured with over 60% of total value as multi-year recurring revenue, covering software licensing, analytics, hosting, and long-term service. The project remains on schedule for full delivery in 2025, with corresponding revenue capture anticipated within the current fiscal year.

“This milestone represents more than operational progress—it reinforces our ability to monetize large-scale SaaS contracts, generate recurring cash flow, and expand strategically in a high-growth international market,” said Kevin Ng, Chairman, Executive Director & CEO of Sagtec Global. “It reflects our disciplined execution and strong regional partnerships.”

Momentum Across Vertical SaaS Offerings

In addition to progress in the UAE, Sagtec confirms that its Speed+ Smart Ordering System, which supports a US$30 million pipeline across Southeast Asia, has now been successfully deployed to commercial end-users. Speed+ is a cloud-based solution tailored for the F&B and hospitality industries, designed to improve service efficiency and increase revenue per transaction.

These dual deployments reinforce Sagtec’s strategy to scale vertically integrated SaaS platforms across multiple industries—hospitality, F&B, and smart infrastructure—with a strong focus on monetizable outcomes.

“We are executing on multiple fronts with clear revenue visibility,” added Ng. “These wins strengthen our position ahead of our next earnings cycle and demonstrate the scalability of our recurring revenue model.”

Well-Positioned in a US$30B+ Market

With the UAE hospitality sector forecasted to reach US$37.7 billion by 2033 (IMARC Group), Sagtec’s expansion into the Middle East positions the Company at the center of a regional transformation toward smart tourism and digital-first guest experiences.

Backed by a resilient balance sheet and growing recurring revenue base, Sagtec remains focused on margin-accretive growth, product innovation, and geographic expansion to drive long-term shareholder value.

About Sagtec Global Limited

Sagtec Global is a technology company delivering customizable software solutions to the hospitality, F&B, and enterprise sectors. The Company also operates digital infrastructure businesses, data hosting & analysis services through its Malaysian Subsidiary, CL Technologies.

For more information on the Company, please log on to https://www.sagtec-global.com/.

Contact Information:

Sagtec Global Limited Contact:
Ng Chen Lok
Chairman, Executive Director & Chief Executive Officer
Telephone +6011-6217 3661  
Email: info@sagtec-global.com

FAQ

What is the value of Sagtec Global's UAE smart hospitality contract?

Sagtec Global (NASDAQ: SAGT) secured a $10 million contract in the UAE, with over 60% structured as multi-year recurring revenue from software licensing, analytics, hosting, and services.

How much recurring revenue will Sagtec generate from the UAE contract?

The UAE contract will generate over 60% of the $10 million total value as multi-year recurring revenue through software licensing, analytics, hosting, and long-term service.

What is Sagtec's Speed+ Smart Ordering System pipeline worth?

Sagtec's Speed+ Smart Ordering System supports a $30 million pipeline across Southeast Asia, focusing on F&B and hospitality industries.

What is the projected size of UAE hospitality market by 2033?

According to IMARC Group, the UAE hospitality sector is forecasted to reach $37.7 billion by 2033, representing a significant market opportunity for Sagtec's smart tourism solutions.

When will Sagtec recognize revenue from the UAE smart hospitality project?

The project is scheduled for full delivery in 2025, with corresponding revenue capture anticipated within the current fiscal year.