KYP: Flash update Q3FY23 - SaaS revenue growth continues
KINATICO LTD
- Kinatico earned $1.5m in SaaS revenue in Q3 FY23, a 143% increase from pcp, with annualized SaaS revenue now at $5.8m.
- The company had a record revenue of $7.0m in Q3, with 21% coming from SaaS, and improved its underlying cash position by $240k (excluding buy-back expenditure).
- CEO Michael Ivanchenko is pleased with the ongoing transformation and growth of the company despite the challenging macro-economic environment.
2023-04-11 09:23:00