Company Description
SAGTEC GLOBAL LIMITED (NASDAQ: SAGT) is a technology company in the Software – Application industry that focuses on customizable software, artificial intelligence (AI) systems, and cloud-based platforms. The company is described in multiple disclosures and press releases as a total technology solutions provider and a provider of digital transformation and SaaS solutions, serving thousands of business customers, particularly across Southeast Asia.
According to company descriptions in recent news releases, Sagtec Global offers AI-driven technology solutions, cloud-based ordering systems, and customizable software platforms. Earlier descriptions and prior profiles also note that Sagtec has been involved in customizable software solutions such as the Speed+ smart ordering system for the food and beverage (F&B) industry, installed on point-of-sale (POS) machines sourced from third-party suppliers. Across its communications, Sagtec highlights a scalable SaaS model and recurring revenue streams from subscription-based software, customized development services, and technology-enabled hardware solutions.
Business Focus and Core Offerings
Company press releases describe Sagtec Global as a regional leader in enterprise-grade POS software, AI-integrated digital systems, and secure data infrastructure for retail and service economies, initially focused on the F&B sector and later expanding to cross-sector industries. Its business activities include:
- Software-as-a-Service (SaaS) platforms, including cloud-based ordering and POS systems.
- Customizable software development and IT consultancy, including tailored F&B outlet management systems and central kitchen automation solutions.
- AI technology integration into existing platforms, including analytics, automation, and AI-enabled decision tools.
- Robotics-as-a-Service (RaaS) offerings, including F&B service robotic machine kiosk rental, as described in interim financial results.
- Data hosting and analytics services, including cloud infrastructure and AI-driven analytics under long-term service arrangements.
- Technology-enabled hardware solutions, such as food self-ordering kiosks and power bank charging stations, which are purchased from manufacturers and sold or deployed to customers.
In its interim financial results for the nine months ended September 30, 2025, Sagtec reports revenue from services, tangible products, and rental. Services revenue is associated with subscription-based software, customized development, and related technical support. Tangible product revenue is linked to technology hardware such as kiosks and power bank charging stations. Rental revenue is associated with F&B service robotic machine kiosk rentals. The company states that its model emphasizes recurring revenue stability, renewal momentum, and scalable operations following its IPO.
AI Partnerships and Technology Platform
Sagtec’s SEC filings and news releases describe a significant AI licensing and collaboration agreement with Kinetic Seas Incorporated. Under a licensing and technology collaboration agreement and subsequent addendum, Sagtec obtained rights to utilize Kinetic Seas’ Skilliks AI platform and technologies and to jointly develop and commercialize AI and enterprise software solutions for Sagtec’s client base.
The addendum establishes Kinetic Seas as Sagtec’s exclusive AI development and technology partner in Southeast Asia, with Kinetic Seas providing full-cycle software development, DevOps, testing, system integration, technical documentation, and commercialization support. A revenue-sharing model allocates a portion of gross project receipts between Sagtec and Kinetic Seas. Sagtec retains the right to operate and commercialize the Skilliks platform, including a white-labeled version referred to as Skilliks-my, and to collaborate on joint AI software projects and enterprise deployments.
In subsequent announcements, Sagtec notes that it uses the Skilliks Platform and Skilliks Planner to accelerate planning and development of AI-enabled projects. This approach is presented as a way to access enterprise-grade AI capabilities without building large-scale AI infrastructure internally, supporting faster time-to-market and reduced upfront development costs for AI projects.
Key Projects and Industry Verticals
Recent news provides examples of Sagtec’s project portfolio and target verticals:
- F&B and Hospitality Digital Transformation: Through an IT Consultancy Agreement with Malaya Heritage Holding Limited, Sagtec is engaged to provide consultancy and development of a customized F&B Outlet Management System, service robotic technology for F&B operations, and central kitchen automation robotic systems over a multi-year program. The company describes this initiative as a comprehensive digital transformation across F&B operations.
- AI-Driven Mobility Platform: In a software development agreement with Grandpride Luxury Travel Sdn. Bhd., Sagtec will design, develop, implement, and support the Smart AI E-Hailing, Car Rental and Subscription System. The platform is described as a digital mobility solution integrating ride-hailing, vehicle rental (short-term and long-term), subscription services, marketplace functionalities, local business directory and review features, and platform-wide shared services such as user management and transaction processing.
- Financial Analytics and Education Technology: In partnership with HM Edutech Group and TP Trader Academy, Sagtec is developing the HMS Data Analysis System, an AI-powered SaaS platform integrating financial data analytics with education solutions. Sagtec is responsible for backend, frontend, infrastructure, and mobile application development, and participates in a profit-sharing model tied to SaaS subscriber growth.
- Robotics and Automation in F&B: Company disclosures describe a newly introduced F&B service robotic machine kiosk rental business, aligned with a diversification strategy and supported by in-house Speed+ expertise and software customization capabilities.
- Charging Infrastructure: Sagtec states that it operates a nationwide network of mobile charging stations through its subsidiary CL Technology (International) Sdn Bhd, as part of its technology-enabled hardware and service offerings.
Geographic Focus and Customer Base
Across multiple press releases, Sagtec identifies itself as a Malaysia-based technology solutions provider and references operations and customer bases across Southeast Asia. Company descriptions state that Sagtec empowers over 12,000 or 13,000 businesses, depending on the specific release, with tools to enhance efficiency, automation, and market competitiveness. The company also references Speed+ subscribers and corporate clients, and notes that Kinetic Seas delivers turnkey AI solutions to more than 12,000 SaaS clients under the partnership framework.
In addition to its regional focus, Sagtec has announced plans to expand into the U.S. market, referencing engagements with Malaysian agencies to support market entry. The company notes that it intends to roll out integrated AI and POS solutions in key U.S. cities, targeting F&B operators, retailers, and logistics companies. Other communications reference expansion initiatives across Asia, the Middle East, and the USA in connection with guidance for future periods.
Capital Markets and Regulatory Filings
Sagtec Global Limited files reports with the U.S. Securities and Exchange Commission as a foreign private issuer, including Form 20-F and multiple Form 6-K current reports. These filings have covered topics such as:
- Unaudited interim condensed consolidated financial statements and Management’s Discussion and Analysis for six- and nine-month periods.
- Material definitive agreements, including the licensing and technology collaboration agreement with Kinetic Seas and its addendum.
- An IT Consultancy Agreement with Malaya Heritage Holding Limited.
- A purchase agreement with Helena Global Investment Opportunities I Ltd, under which Sagtec may issue and sell ordinary shares up to a stated maximum over time, subject to conditions, caps, and registration requirements.
- A Share Sale Agreement to acquire a majority interest in Smart Bridge Technology Limited, intended to complement hospitality and POS infrastructure.
- Notice of an extraordinary general meeting and associated proxy materials.
- A press release regarding the termination of a proposed acquisition of a stake in Rider Gate Sdn Bhd, with the company stating that the termination would not have an adverse effect on its financial position or results for the fiscal year.
These filings provide additional detail on Sagtec’s financial performance, capital structure, and strategic transactions. The Form 6-K dated November 25, 2025, for example, incorporates interim financial statements and MD&A by reference and includes a press release summarizing revenue growth, profit trends, and segment performance.
Business Model and Revenue Streams
Based on company disclosures, Sagtec’s revenue is derived from several categories:
- Services: Subscription-based software, customized development services, hosting, maintenance, and AI-enabled features within its platforms. The company highlights renewal momentum, new customer acquisitions, and AI-driven enhancements within its subscription platform.
- Tangible Products: Technology hardware such as food self-ordering kiosks and power bank charging stations, which the company purchases from sole manufacturers and sells to customers. These products are associated with digitalization trends in the F&B sector and broader adoption of automation.
- Rental: F&B service robotic machine kiosk rental, including associated depreciation and maintenance costs, reflecting a Robotics-as-a-Service model in its early stage.
- Long-Term Contracts: Multi-year agreements that combine licensing, custom software development, service and maintenance, and data hosting and analytics. An example is the software development agreement for the Smart AI E-Hailing, Car Rental and Subscription System, which includes defined contract values for development, maintenance, and hosting over a multi-year period.
The company’s communications emphasize scalability, recurring revenue, and the integration of AI and automation into existing and new platforms. Sagtec also references strategic investments in plant, equipment, and software licenses to support long-term scalability and product innovation.
Positioning Within the Technology Sector
Sagtec operates within the Technology sector and is classified under Software – Application. Its activities span SaaS platforms, AI integration, robotics and automation, POS systems, and data infrastructure. Company releases describe Sagtec as a total technology solutions provider and a regional leader in enterprise-grade POS and AI-integrated digital systems for retail and service economies, particularly in the F&B sector and adjacent verticals.
Through its partnership with Kinetic Seas and its portfolio of contracts in F&B, mobility, and financial analytics, Sagtec positions itself as an AI co-creation partner to enterprises and SMEs. Its disclosures highlight the use of AI for tasks such as demand forecasting, dynamic pricing, fleet optimization, user personalization, and predictive analytics within various platforms.
Status and Listing
The available SEC filings and press releases identify Sagtec Global Limited as a foreign private issuer with ordinary shares listed on the NASDAQ under the symbol SAGT. The documents provided include multiple Form 6-K filings and references to an IPO and post-IPO environment, but do not indicate any delisting, deregistration, or bankruptcy proceedings. Based solely on the supplied information, Sagtec is presented as an active listed company at the time of the referenced filings and news releases.