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Knosys Limited (ASX:KNO)

ALERT: Price-sensitive ASX Announcement for KNO
Current share price for KNO : $0.024 -0.011 (-31.43%)+
Announcement
Release
28 Aug 2025 8:49AM
Price at Release
$0.035
Full Release
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Summary
In FY25, Knosys Limited achieved a 2% increase in Annualised Recurring Revenue to $9.8 million, underpinned by stable client retention and new contracts. The company reported a net operating cash outflow of $1.2 million, with a cash balance of $2.8 million as of 30 June 2025. Significant developments included the launch of the Libero Library App and updates to Libero 6 LMS, aimed at enhancing member engagement. Knosys is focusing on creating competitive edges by advancing its Library Management System with open-source architecture and AI technology, and aims to become a leading global player in this sector, with further enhancements planned for FY26.
Key Points
  • Knosys reported net operating cash outflow of $1.2m and a cash balance of $2.8m as at 30 June 2025.
  • In FY25, Knosys increased Annualised Recurring Revenue (ARR) by 2% to $9.8m.
  • Knosys secured contract extensions and new customer agreements, including a five-year contract with the Office of the Director of Public Prosecutions for WA.
  • The company launched the Libero Library App and upgraded Libero 6 LMS in March 2025.
  • Knosys plans to prioritize innovation with open-source architecture, mobile technology, and AI components.
  • The company aims to be a Tier 1 vendor in the global library solutions market.
  • Knosys has a strategy for the development and commercialisation of Libero X, an AI-enhanced library solution.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.