Key Highlights

  • Q1 FY27 revenue was $9.41m, up 3.8% on the prior year, while SaaS revenue rose 17.8% to $5.66m.
  • EBITDA rose 4.3% to $1.51m and NPAT fell 10.5% to $0.47m, with cash of $11.48m at 30 September.
  • Verified plan went live on 13 October, with Continuous and Complete plans due to go live in early November.
  • Kinatico signed a Heads of Agreement with OWNA for a white-label compliance solution covering OWNA Group platforms in Australia and New Zealand.

Kinatico Limited (ASX:KYP) presented its Q1 FY27 update and 2026 Annual General Meeting presentation on 23 October 2026, reporting higher SaaS revenue, new pricing plans for its Kinatico Compliance platform and a Heads of Agreement with OWNA. The financial figures are unaudited.

Q1 FY27 Financial Results

Revenue was $9.41m, up 3.8% from $9.06m in Q1 FY26. SaaS revenue rose 17.8% to $5.66m from $4.80m, and annualised SaaS revenue reached $22.6m. SaaS contributed 60.2% of revenue, up 7.2 percentage points from 53.0%.

Gross profit increased 5.8% to $6.31m, a gross margin of 67.1%. EBITDA rose 4.3% to $1.51m, a 16.0% margin, while NPAT declined 10.5% to $0.47m, a 5.0% margin. Cash and cash equivalents at 30 September were $11.48m, up $2.05m or 21.8%. Operating cash flow was $0.57m against $0.04m a year earlier, and free cash flow was an outflow of $0.17m compared with $0.66m.

New Plans and Customers

Kinatico is moving to one sales funnel with three tiers. Verified is pay-as-you-go with no platform fee. Continuous is priced at $7 per worker per month, and Complete at $12 per worker per month, each plus verifications charged as used. Verified went live on 13 October with a new website, and Continuous and Complete were announced on the day, due to go live in early November.

The company said Civeo, with about 10,000 rooms across 12 villages and about 2,500 staff, is live with implementation completed within four weeks. HanRoy and Sunwater have signed, and Civeo joins about 100 digital sales on the platform across multiple industries.

Why This Could Matter

Kinatico said the tiered plans are intended to improve efficiency through a single front door and technology stack, lift gross margin by moving verifications out of the plan fee, and let customers move people between tiers. It cited Honeycomb Strategy research from September 2026, in which 45% of 257 respondents named ongoing monitoring as their most important need.

The OWNA agreement would see Kinatico Compliance power a white-label solution inside the OWNA offering, with exclusivity in the OWNA Group and, for Kinatico, in childcare. OWNA Group platforms serve more than 8,000 childcare centres across Australia and New Zealand, and the rollout is planned in phases, including Infocare in New Zealand.

The Bottom Line

Kinatico reported SaaS revenue growth of 17.8% in Q1 FY27 alongside a lower NPAT, introduced a three-tier plan structure with staged launch dates, and added customer wins and an OWNA agreement.