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Knosys Limited Reports Stable Revenue Amid Strategic Investments in LibraryTech

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Knosys Limited Reports Stable Revenue Amid Strategic Investments in LibraryTech

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Knosys Ltd. ( (AU:KNO) ) has provided an announcement.

Knosys Limited reported a stable revenue of $9.8 million for FY25, with a 2% increase in Annual Recurring Revenue, despite a net loss after tax of $1.5 million due to increased investment in next-generation LibraryTech solutions. The company extended contracts with major clients and launched successful product upgrades, positioning itself for future growth in the global library market. Knosys plans to continue investing in product development and marketing, with an eye on expanding its AI-enhanced library solutions, Libero X, by FY27.

More about Knosys Ltd.

Knosys Limited operates in the technology industry, focusing on developing innovative solutions in the Library Management System (LMS) sector. The company provides knowledge management services and library tech solutions, with a market focus on global library markets. Their primary products include the Libero Library App and KnowledgeIQ, serving major enterprise clients such as ANZ Bank, Singtel, Optus, and Healthdirect Australia.

Average Trading Volume: 343,317

Technical Sentiment Signal: Hold

Current Market Cap: A$7.56M

Learn more about KNO stock on TipRanks’ Stock Analysis page.

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