Sagtec Global Ltd Secures $30 Million Revenue Pipeline Through UAE Partnership

Sagtec Global Ltd, a leading provider of customizable software solutions, has announced a significant development in its international growth strategy. The company, listed on the Nasdaq under the ticker SAGT, has secured a $30 million revenue pipeline through an exclusive partnership with SMD Tech, a Dubai-based technology distributor. This partnership was formalized through a Master Dealership Agreement, marking a strategic move to expand Sagtec’s global footprint.

Key Details of the Partnership

The agreement entails SMD Tech’s commitment to purchase 10,000 software licenses of Sagtec’s flagship product, Speed+ Cloud-Based Smart Ordering System, over the next five years. This deal is expected to generate a substantial revenue pipeline of no less than $30 million, significantly enhancing Sagtec’s long-term recurring revenue visibility and global market penetration.

Speed+ Cloud-Based Smart Ordering System

Speed+ is a cloud-native ordering platform designed specifically for the retail and food & beverage (F&B) sectors. It offers features such as seamless order processing, real-time analytics, and automated customer engagement, which are crucial for businesses looking to optimize their operations in a digital-first economy.

Alignment with UAE’s Digital Economy

The partnership aligns with the UAE’s growing digital economy, which is projected to contribute $140 billion to the country’s GDP by 2031. The UAE’s F&B market is expected to exceed $37 billion by 2030, while the Middle East’s cloud-based POS market is forecast to grow at a 19% compound annual growth rate (CAGR) through 2030. This strategic alignment positions Sagtec to capitalize on the burgeoning digital transformation in the region.

Financial Overview

As of May 4, 2025, Sagtec Global Ltd’s stock closed at $5.58, with a 52-week high of $6.04 and a low of $2.10. The company’s market capitalization stands at approximately $293.98 million. Despite a high price-to-earnings ratio of 37.31, the recent partnership is expected to bolster investor confidence and drive future growth.

Conclusion

Sagtec Global Ltd’s strategic partnership with SMD Tech underscores its commitment to expanding its global presence and leveraging the growth potential of the UAE’s digital economy. This move not only secures a substantial revenue pipeline but also enhances Sagtec’s position as a leading provider of innovative software solutions in the retail and F&B sectors.