Latest Library Management Software News

Knosys Limited achieved operating cash flow breakeven in Q3 FY26 while pivoting from product development to commercialisation, focusing on AI-enhanced library solutions ahead of a planned US market entry in FY27.

Knosys Limited reported a 4.6% revenue increase to $5.07 million for the half-year ending December 2025, driven by stronger licence and project fees. However, the company’s net loss widened significantly to $1.53 million, reflecting heavy investment in its next-generation Libero X library management system.

Knosys Limited is reshaping its future by focusing on its Libero library management platform, aiming to become a global leader through strategic simplification, AI innovation, and geographic expansion.