Why Is Knosys (ASX:KNO) Stock Up 5% Today?

Sonal Goyal

23 October 2026 01:22 PM AEDT

Why Is Knosys (ASX:KNO) Stock Up 5% Today?

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Key Highlights

Knosys shares rose 4.76% to $0.022 during the trading session on 23 October 2026, as the S&P/ASX 200 traded 0.35% lower.
In its FY26 results dated 27 August 2026, Knosys reported revenue of $9.7m, down 2%, an EBITDA loss of $1.6m and a net loss after tax of $2.5m.
Operating cash flow was $2.2m and the cash balance $4.9m at 30 June 2026, with a US launch of Libero planned in FY27.

Shares in Knosys Limited (ASX:KNO) rose 4.76% to $0.022 during the trading session on 23 October 2026, as at 12:04 pm, while the S&P/ASX 200 stood at 8,762.60, down 0.35% (30.60 points) at the same time. Knosys is a Melbourne-headquartered software-as-a-service provider that helps organisations manage information and knowledge, with products spanning library management, knowledge management and intranet solutions. In its ASX announcement dated 27 August 2026, the company reported its results for the financial year ended 30 June 2026 and outlined preparations for a US launch of its Libero library management platform.

FY26 Results: Revenue Steady, Losses Widen, Cash Improves

In its announcement dated 27 August 2026, Knosys reported sales revenue of $9.7m for FY26, compared with $9.8m in FY25, a decline of 2%. EBITDA was a loss of $1.6m against a loss of $0.6m a year earlier, and net loss after tax was $2.5m compared with $1.5m.

Operating expenses were $12m, up 5% on the prior corresponding period, which the company attributed to higher contractor and consulting costs, higher SaaS hosting costs and one-off expenses related to a restructure undertaken in November 2025. Operating cash flow moved to an inflow of $2.2m from an outflow of $1.2m, and cash rose to $4.9m from $2.8m.

Annualised Recurring Revenue was $9.0m, slightly lower, reflecting the planned transition away from GreenOrbit.

Contract Extensions and the GreenOrbit Transition

The 27 August 2026 announcement stated that ANZ Bank signed a two-year extension in May 2026, with an optional third year, for its use of the KnowledgeIQ (KIQ) knowledge management solution. The total contract value is $3.8m, paid in advance.

In the Libero business, the company listed new cloud service customers including Oberon Council, Fliedner University, Wuchopperen Health Service and Balranald Shire Council. Sixty existing Libero customers renewed their subscriptions.

For GreenOrbit, Knosys announced an agency agreement with Oak Engage in January 2026 to introduce the Oak intranet platform to GreenOrbit customers. The company said it experienced some customer attrition in the second half of FY26 and expects that trend to continue over the next 18 months, partly offset by commissions from Oak for customers who migrate.

US Launch Plans for Libero and Libero 7

According to its announcement dated 27 August 2026, Knosys is entering the commercialisation phase for its next-generation Libero library management solution. Marketing activities in the United States began in the first quarter of FY27, including a new US website and a US-based telemarketing team. Knosys is already tendering in the US library market.

Knosys said Libero is expected to formally launch in the US in FY27 before scaling into other international markets, and that it already serves around 100 library customers across Australia and Germany. It is also working on Libero 7, which the company expects to be ready for commercial sale in FY27, with a primary focus on public libraries.

About the Company and Business Overview

Knosys Limited (ASX: KNO) is headquartered at Level 8, 31 Queen Street, Melbourne, Victoria, with operations internationally. The company describes itself as a SaaS provider with specialist expertise in helping businesses manage information and knowledge.

Its current product set covers library management through Libero, knowledge management through KnowledgeIQ, and intranet solutions through GreenOrbit, which the company is transitioning away from over time. John Thompson is Managing Director.

Related Sector Context

Knosys operates in the software-as-a-service segment of the technology sector, where vendors offer subscription access to cloud-hosted applications and revenue is often recurring in nature.

On the broader market, the S&P/ASX 200 stood at 8,762.60 at 12:04 pm on 23 October 2026, down 0.35%, while Knosys shares were trading higher at the same point in the session.

Risks to Weigh In

Knosys reported losses at both the EBITDA and net profit levels in FY26, and both were larger than in FY25. Revenue declined 2% over the year, and ARR was slightly lower as GreenOrbit recurring revenue falls during the phased migration.

The US launch involves entering a new market, with sales outcomes dependent on tendering results that are yet to be reported. The company also stated that GreenOrbit customer attrition is expected to continue for the next 18 months.

Catalysts on Watch

The announcement points to several FY27 milestones: the formal US launch of Libero, progress on tenders already under way in the US library market, and commercial readiness of Libero 7. The GreenOrbit migration to Oak Engage is also expected to continue over roughly the next 18 months.

Where Things Stand

Knosys shares rose 4.76% to $0.022 during the session on 23 October 2026, with the S&P/ASX 200 down 0.35%. The company's latest update on file, dated 27 August 2026, showed FY26 revenue of $9.7m, a net loss after tax of $2.5m, operating cash inflow of $2.2m and a $4.9m cash balance, alongside plans for the US launch of Libero during FY27.

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