Sagtec Global Limited Announces Robust FY2026 Financial Outlook, Projecting 35 Percent Revenue Growth, Underscored by $1.56M CEO Insider Purchase
KUALA LUMPUR / NEW YORK, June 20, 2026 — Sagtec Global Limited (NASDAQ: SAGT) (the “Company” or “Sagtec”), a leading provider of software and technology solutions, today issued its financial outlook and strategic growth initiatives for the fiscal year 2026 (FY2026). Driven by accelerated market penetration and strong demand for its core product offerings, the Company projects a period of exponential top-line growth.
Concurrently, the Company announced that its Chairman and Chief Executive Officer, Mr. Chen Ng, has completed a major insider acquisition of the Company’s stock through a private share placement. Fueled by this dual-catalyst of strong financial guidance and significant insider buying, SAGT stock surged over 82% in recent after-hours trading.
Key Financial Guidance and Business Highlights:
- Accelerated Top-Line Growth: The Company forecasts FY2026 total revenue to reach $25.78 million, representing a substantial 35% year-over-year increase compared to $19.00 million in the previous fiscal year.
- Solid Bottom-Line Profitability: Net income for FY2026 is projected to hit $2.19 million, demonstrating the Company’s operational leverage and improved cost-efficiency as it scales its operations.
- Strategic Growth Initiatives: The upward revision in forward guidance is heavily supported by the successful rollout of the Company’s strategic growth initiatives, which aim to optimize its product matrix and capture a larger total addressable market (TAM) globally.
Massive Insider Acquisition Signals Strong Conviction
In a resounding vote of confidence, Chairman and CEO Chen Ng led a recent management-driven private share placement. According to the disclosure, Mr. Ng personally invested approximately $1.56 million to acquire 1,500,000 shares of the Company’s common stock.
Following this transaction, Mr. Ng’s personal equity stake in Sagtec Global increased by 22%. This aggressive insider buying firmly aligns the leadership’s financial interests with those of retail and institutional shareholders. It sends a highly bullish signal to Wall Street, indicating that management believes the stock is fundamentally undervalued and remains highly confident in the execution of its strategic roadmap.
Management Commentary:
“Fiscal 2026 is poised to be a pivotal inflection point for Sagtec Global,” stated Mr. Chen Ng, Chairman and CEO of Sagtec Global. “Our projection of 35% top-line growth is not just a financial metric; it is a testament to our robust technological capabilities and market execution. My decision to significantly increase my equity position reflects my unwavering conviction in our long-term vision. We have the right team, a clear roadmap, and tremendous momentum, and I look forward to delivering sustained, long-term shareholder value.”
About Sagtec Global Limited
Sagtec Global Limited (NASDAQ: SAGT) is an innovative enterprise dedicated to delivering cutting-edge technology and software solutions. Through continuous R&D investment and sharp market insights, the Company provides efficient, secure, and scalable digital transformation services to a global client base.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties regarding future financial and operational performance (including FY2026 revenue and net income guidance) and typically include words such as “expects,” “believes,” “plans,” and “anticipates.” These statements are based on management’s current expectations and are subject to various risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The Company undertakes no obligation to update any forward-looking statements.
Company Details
Organization: PR WWW
Contact Person: Wilson
Website: http://PRWWW888888.com
Email: Send Email
Country: United States
Release Id: 20062646300