EQS-News: cyan AG expects strong growth in 2024
EQS-News: cyan AG
/ Key word(s): Annual Report
cyan AG expects strong growth in 2024 Munich, May 23, 2024 – cyan AG, a provider of intelligent cybersecurity solutions, today published its annual report for 2023 and confirms the preliminary figures. Revenue in the continued operation (Cybersecurity segment) grew by 23% to EUR 4.7 million (2022: EUR 3.8 million). Recurring revenue strongly increased by 41% to EUR 4.4 million. As expected, the operating result EBITDA reached EUR ‑4.5 million (2022: EUR -4.4 million). The business figures are characterized by the successful strategic realignment of the company. The BSS/OSS business, which contributed around 45% of revenue but was responsible for 60% of operating costs, was sold at the end of 2023. Since then, cyan has focused on its core business Cybersecurity.
23.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | cyan AG |
Josephspitalstraße 15 | |
80331 Munich | |
Germany | |
Internet: | www.cyansecurity.com |
ISIN: | DE000A2E4SV8 |
WKN: | A2E4SV |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1909111 |
End of News | EQS News Service |
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1909111 23.05.2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
The most important financial data at a glance | ||||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
Sales1 | 20,01 | 26,75 | 21,29 | 8,48 | 3,80 | 4,72 | 7,20 | |
EBITDA1,2 | 3,40 | 11,67 | -5,06 | -12,32 | -4,36 | -4,47 | -0,10 | |
EBITDA-Margin3 | 16,99 | 43,63 | -23,77 | -145,28 | -114,74 | -94,70 | -1,39 | |
EBIT1,4 | 0,37 | 5,53 | -11,04 | -18,06 | -7,01 | -7,01 | -4,50 | |
EBIT-Margin5 | 1,85 | 20,67 | -51,86 | -212,97 | -184,47 | -148,52 | -62,50 | |
Net Profit (Loss)1 | -0,11 | 4,53 | -9,27 | -13,88 | -14,71 | -20,72 | -3,10 | |
Net-Margin6 | -0,55 | 16,94 | -43,54 | -163,68 | -387,11 | -438,98 | -43,06 | |
Cashflow1,7 | 3,66 | -5,83 | -8,71 | -9,50 | -6,87 | -4,01 | 0,00 | |
Earnings per share8 | -0,01 | 0,49 | -0,95 | -1,30 | -0,99 | -1,10 | -0,08 | |
Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Rödl & Partner
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
INVESTOR-INFORMATION | ||||||
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Cyan | ||||||
WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
A2E4SV | DE000A2E4SV8 | AG | 53,30 Mio € | 28.03.2018 | Kaufen | 8FWH4HP8+HF |
PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
44,00 | 42,25 | 1,04 | -7,33 | 1,79 | -13,28 | 11,30 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
0,00 | 0,00 | 0,00 | 0,00% |
Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
12.07.2024 | - | 26.09.2024 | 23.05.2024 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
+3,90% | +9,86% | +151,43% | +169,39% | -88,52% |
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