External broker reports(aggregated public sources), Taylor Collison

Taylor Collison

External broker reports(aggregated public sources)

Taylor Collison is a leading financial services firm, providing advice & wealth creation strategies to private & institutional investors and corporate clients throughout Australia. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

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<ul><li>Reg-Tech software provider KYP has released its complete 1H24 results subsequent to its preliminary revenue and profit figures announced in January.</li><li>To recap, SaaS revenue surged to $4.4m, an increase of 159% pcp and NPAT improved to $0.4m from a full year $0.2m.</li><li>We don’t see any surprises within the result but are pleased with the persistent GP margin expansion from 66.9% (2H23) to 67.7% (1H24) or 320bps compared to 1H23. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Reg-Tech software provider KYP has released its complete 1H24 results subsequent to its preliminary revenue and profit figures announced in January.To recap, SaaS revenue surged to $4.4m, an increase of 159% pcp and NPAT improved to $0.4m from a full year $0.2m.We don’t see any surprises within the result but are pleased with the persistent GP margin expansion from 66.9% (2H23) to 67.7% (1H24) or 320bps compared to 1H23. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kinatico Ltd (KYP) - 1H24 Result – Limited New Info, GP Margin Expanding

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<ul><li>Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.</li><li>KYP has reported H1 FY24 NPAT of $0.357m, a $1.13m turnaround on the previous corresponding period (pcp), and the company’s best-ever result.</li><li>The gross margin and EBITDA margin hit record levels of 67.7% and 13.4% respectively. The result was above our gross margin forecast but in line with our EBITDA estimate. </li></ul>

Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.KYP has reported H1 FY24 NPAT of $0.357m, a $1.13m turnaround on the previous corresponding period (pcp), and the company’s best-ever result.The gross margin and EBITDA margin hit record levels of 67.7% and 13.4% respectively. The result was above our gross margin forecast but in line with our EBITDA estimate. 

Kinatico Ltd - H1 Result In-Line, SaaS Now 30%+ of Revenue

<ul><li>Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.</li><li>KYP has reported H1 FY24 NPAT of $0.357m, a $1.13m turnaround on the previous corresponding period (pcp), and the company’s best-ever result.</li><li>The gross margin and EBITDA margin hit record levels of 67.7% and 13.4% respectively.</li></ul>

Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.KYP has reported H1 FY24 NPAT of $0.357m, a $1.13m turnaround on the previous corresponding period (pcp), and the company’s best-ever result.The gross margin and EBITDA margin hit record levels of 67.7% and 13.4% respectively.

H1 result in-line, SaaS now 30%+ of revenue

<ul><li>KYP has provided strong unaudited revenue and NPAT numbers for 1H24 standing at $14.3m (up 6% pcp) and $0.4m (FY23: 0.2m) respectively.</li><li>However, it is the continued growth of high-quality SaaS revenue (up 159% pcp) to 31% of half year revenue compared to 18% in FY23 we are most pleased with.</li><li>Relevant and shareholder aligned Long Term Incentives (LTIs) for management are also now in place. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

KYP has provided strong unaudited revenue and NPAT numbers for 1H24 standing at $14.3m (up 6% pcp) and $0.4m (FY23: 0.2m) respectively.However, it is the continued growth of high-quality SaaS revenue (up 159% pcp) to 31% of half year revenue compared to 18% in FY23 we are most pleased with.Relevant and shareholder aligned Long Term Incentives (LTIs) for management are also now in place. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Kinatico Ltd (KYP) - 1H24 Update – Strong Profit & SaaS Growth, LTIs Implemented

<ul><li>Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.</li><li>KYP has reported a 6% year-on-year increase in Q2 FY24 revenue to $7.1m, and a 145% year-on-year increase in SaaS revenue to $2.4m.</li><li>SaaS revenue accounted for 33% of total revenue for the quarter, compared to 14% in Q2 FY23. </li></ul>

Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.KYP has reported a 6% year-on-year increase in Q2 FY24 revenue to $7.1m, and a 145% year-on-year increase in SaaS revenue to $2.4m.SaaS revenue accounted for 33% of total revenue for the quarter, compared to 14% in Q2 FY23. 

Kinatico Ltd - Q2 SaaS Revenue Increases 145% on the Pcp

Australia

Kinatico Ltd operates as a technology company. The Company offers platform which helps employers to manage their workforce and meet their regulatory compliance needs. Kinatico serves customers worldwide.

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Kinatico (KYP AU)

Kinatico Ltd (KYP) - 1H24 Result – Limited New Info, GP Margin Expanding

We have formalised our numbers from the additional detail but make no material changes to our forecasts. We maintain our Outperform recommendation.

Taylor Collison

Kinatico Ltd - H1 Result In-Line, SaaS Now 30%+ of Revenue

Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.

Research as a Service (RaaS)

H1 result in-line, SaaS now 30%+ of revenue

Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and...

Research as a Service (RaaS)

Kinatico Ltd (KYP) - 1H24 Update – Strong Profit & SaaS Growth, LTIs Implemented

In light of this update, we have made minor upward revisions to our forecast financials and maintain our Outperform recommendation.

Taylor Collison

Kinatico Ltd - Q2 SaaS Revenue Increases 145% on the Pcp

Kinatico Ltd (ASX:KYP) is a ‘Know Your People’ regtech company providing workforce compliance monitoring and management technology and services.

Research as a Service (RaaS)

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