KNeoMedia Limited
KNM.AX
Australian Securities Exchange0.00
AUD
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KNeoMedia Limited
KNM.AX
(Australian Securities Exchange)
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ROIC.AI
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- KNeoMedia Limited (ASX:KNM) is an Australia-based software-as-a-service (SaaS) and content services platform (CSP) publishing company that develops and delivers digital education and assessment products to general and special education markets worldwide. The company offers KneoScience, a flagship CSP vertically integrated with systems like the New York State Department of Education (NYSED) to digitize mandated science investigations for grades 3-12 via AI-enabled tools supporting seamless student participation, rubric-based grading, real-time analytics, secure data management, audio assistance, and multi-language accessibility for all learners including neurodiverse students; KneoAdventures, a story-based SaaS enrichment platform for Pre-K to grade 2 featuring interactive animated lessons in literacy, numeracy, and problem-solving; and additional story-based games, brain games, adventure activities, and hands-on tasks via the KneoWorld platform, all mapped to curricula standards with educator dashboards for performance data and personalized learning. KNeoMedia publishes and markets through its New York-based subsidiary KneoWorld Inc., targeting public schools, districts, early learning centers, and education departments primarily in the United States with scalability to other regions, while maintaining headquarters at Level 7, 333 Collins Street, Melbourne, Australia; the company traces origins to 1987 with a focus on edtech innovation blending storytelling, gamification, and AI for reduced teacher workload and improved outcomes. In recent developments, KNeoMedia completed a fully underwritten entitlement offer raising A$1.66 million on December 4, 2024 alongside multiple Appendix 2A securities quotations; secured additional licensing renewals under the US Connect All Kids initiative including US$726,000 in value as reported in early 2025 quarterly activities; executed a A$1.25 million capital raising placement approved at an August 2024 EGM; achieved strong shareholder approval for all resolutions at its 2024 AGM emphasizing global expansion of KneoWorld and KneoScience; and saw director James Kellett substantially increase his stake via acquisition of 66.6 million shares, bolstering market position amid strengthened working capital supporting 12-month objectives.