Kinatico Ltd
ASX:KYP
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Kinatico Ltd
ASX:KYP
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AU |
Kinatico Ltd
Kinatico Ltd is a AU-based company operating in IT Services industry. The company is headquartered in Perth, Western Australia. The company went IPO on 2015-09-08. Kinatico Limited, formerly CV Check Ltd, is a provider of know-your-people solutions comprising pre-employment screening, verification services, and workforce compliance management internationally. Its pre-employment screening has a range of pre-employment checks for individuals looking to be job-ready and employers who need fast and accurate pre-hiring checks. Its verification services and workforce compliance management are engaged in verification, engagement, and ongoing compliance management of workforce. The company provides real-time workforce compliance management through its software-as-a- service (SaaS) RegTech solution Cited. Cited enables compliance monitoring spanning pre-employment to daily requirements related to geo-location, roles, and tasks applicable across a range of industries. The company also provides a range of pre-employment checks through its CVCheck solution. This is delivered through its technology platform, which provides employment screening and verification offerings.
Kinatico Ltd is a AU-based company operating in IT Services industry. The company is headquartered in Perth, Western Australia. The company went IPO on 2015-09-08. Kinatico Limited, formerly CV Check Ltd, is a provider of know-your-people solutions comprising pre-employment screening, verification services, and workforce compliance management internationally. Its pre-employment screening has a range of pre-employment checks for individuals looking to be job-ready and employers who need fast and accurate pre-hiring checks. Its verification services and workforce compliance management are engaged in verification, engagement, and ongoing compliance management of workforce. The company provides real-time workforce compliance management through its software-as-a- service (SaaS) RegTech solution Cited. Cited enables compliance monitoring spanning pre-employment to daily requirements related to geo-location, roles, and tasks applicable across a range of industries. The company also provides a range of pre-employment checks through its CVCheck solution. This is delivered through its technology platform, which provides employment screening and verification offerings.
SaaS Revenue Growth: Kinatico grew SaaS revenue by 50%, now making up 55% of total revenue, signaling strong demand and successful transition to a SaaS model.
Profitability: Net profit more than doubled compared to the previous period, with EBITDA up 30% and positive free cash flow for the second consecutive half.
KC Platform Launch: The new Kinatico Compliance (KC) platform launched, expanding the company’s target market from 2,000 large enterprises to over 300,000 SMBs.
AI Maturity: Kinatico has embedded AI into every aspect of its business and products for over 12 months, leading to margin improvement and operational efficiency.
Customer Traction: KC has already signed up 35 SMB customers since launch, and the pipeline has grown to $10 million, expected to convert mainly in the second half.
Cost Management: The company maintained strict cost controls, repurposing existing marketing spend to support KC’s launch without increasing the overall budget.
International Ambitions: Management confirmed a plan to generate international revenue within the current calendar year.
Outlook: Kinatico aims for further growth in both SMB and enterprise segments, with H2 expected to show more visible top-line impact from KC and AI investments.
