Aankondiging • Apr 01
Cyber Security 1 AB (publ) to Report Fiscal Year 2025 Results on Jun 05, 2026 Cyber Security 1 AB (publ) announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Jun 05, 2026 New Risk • Mar 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.2m free cash flow). Share price has been highly volatile over the past 3 months (36% average weekly change). Negative equity (-€3.1m). Market cap is less than US$10m (€727.4k market cap, or US$830.9k). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Aankondiging • Aug 29
Cyber Security 1 AB (publ) to Report Second Half, 2025 Results on Mar 28, 2026 Cyber Security 1 AB (publ) announced that they will report second half, 2025 results on Mar 28, 2026 Reported Earnings • Jul 01
Full year 2024 earnings released: €0.004 loss per share (vs €0.001 loss in FY 2023) Full year 2024 results: €0.004 loss per share (further deteriorated from €0.001 loss in FY 2023). Revenue: €50.1m (down 5.4% from FY 2023). Net loss: €3.87m (loss widened 338% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Aankondiging • May 27
Cyber Security 1 AB (publ), Annual General Meeting, Jun 26, 2025 Cyber Security 1 AB (publ), Annual General Meeting, Jun 26, 2025, at 10:00 W. Europe Standard Time. Location: helio signalfabriken, sundbybergs torg, 1,172 67 sundbyberg, Sweden New Risk • Apr 13
New major risk - Negative shareholders equity The company has negative equity. Total equity: -€2.5m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€2.2m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-€2.5m). Market cap is less than US$10m (€4.55m market cap, or US$5.15m). New Risk • Feb 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€981k free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (€6.14m market cap, or US$6.44m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Aankondiging • Feb 17
Cyber Security 1 AB (publ) Announces the Resignation of Non-Executive Director's Zeth Nyström from its Board of Directors Cyber Security 1 AB (publ) announced the resignation of Non-Executive Director's Zeth Nyström from its Board of Directors, effective 17th of February. Mr. Nyström is stepping down for personal and health reasons. Pursuant to the Articles of Association of CYBER1, the Board of Directors shall consist of not less than three and no more than seven members, therefore the Board will now consist of four members moving forward. New Risk • Dec 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€981k free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (€9.09m market cap, or US$9.46m). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). New Risk • Dec 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.09m (US$9.61m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€981k free cash flow). Market cap is less than US$10m (€9.09m market cap, or US$9.61m). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Aug 12
First half 2024 earnings released First half 2024 results: Revenue: €28.7m (up 15% from 1H 2023). Net loss: €155.0k (loss widened €151.0k from 1H 2023). Aankondiging • Aug 09
Cyber Security 1 AB (publ) to Report First Half, 2025 Results on Aug 15, 2025 Cyber Security 1 AB (publ) announced that they will report first half, 2025 results on Aug 15, 2025 Aankondiging • Jul 26
Cyber Security 1 AB (publ) Appoints Renaldo Ferreira as Permanent Chief Financial Officer Cyber Security 1 AB (publ) announced that Renaldo Ferreira has been appointed as the permanent Chief Financial Officer. Mr. Ferreira was appointed as Acting Chief Financial Officer on the February 1, 2024. Following the 2024 AGM and the reappointment of the Board & CEO, the company has moved to formalise Mr. Ferreira’s role as the permanent Chief Financial Officer, effective immediately. As indicated previously, Mr. Ferreira brings a wealth of experience and expertise in financial management, strategic planning, and corporate governance. With a proven track record of success whilst serving as the Lead Financial Manager of CYBER1 Solutions South Africa,. In addition to his time at CYBER1 Solutions South Africa, Mr. Ferreira has experience serving as the Financial Manager at Federal Airlines, as well as his background in auditing following the completion of his studies. Mr. Ferreira complements his professional background with a BCom in Financial Management Sciences at the University of Pretoria, a Postgraduate Diploma in Accounting Sciences from the University of South Africa, as well as being an Associate General Accountant with accreditation from the South African Institute of Chartered Accountants (SAICA). Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. President & Executive Director Rob Brown was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€340k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-€340k free cash flow). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (4.9% increase in shares outstanding). Market cap is less than US$100m (€17.0m market cap, or US$18.5m). New Risk • Mar 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Market cap is less than US$100m (€14.0m market cap, or US$15.1m). Reported Earnings • Feb 25
Full year 2023 earnings released: €0.001 loss per share (vs €0.004 loss in FY 2022) Full year 2023 results: €0.001 loss per share (improved from €0.004 loss in FY 2022). Revenue: €52.8m (up 13% from FY 2022). Net loss: €570.0k (loss narrowed 82% from FY 2022). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Aankondiging • Jan 29
Cyber Security 1 AB Appoints Renaldo Ferreira as the Acting Chief Financial Officer, Effective 1st of February, 2024 Cyber Security 1 AB announced the appointment of Renaldo Ferreira as the Acting Chief Financial Officer (CFO), effective 1st of February, 2024. Mr. Ferreira brings a wealth of experience and expertise in financial management, strategic planning, and corporate governance. With a proven track record of success whilst serving as the Lead Financial Manager of CYBER1 Solutions South Africa, CYBER1's largest operating entity by headcount and revenue. Mr. Ferreira is poised to play a crucial role in advancing CYBER1's financial strategies and objectives into 2024. In addition to his time at CYBER1 Solutions South Africa, Mr. Ferreira has experience serving as the Financial Manager at Federal Airlines, as well as his background in auditing following the completion of his studies. Mr. Ferreira complements his professional background with a BCom in Financial Management Sciences at the University of Pretoria, a Postgraduate Diploma in Accounting Sciences from the University of South Africa, as well as being an Associate General Accountant with accreditation from the South African Institute of Chartered Accountants (SAICA). Reported Earnings • Nov 17
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: €8.86m (down 22% from 3Q 2022). Net loss: €1.12m (loss widened 12% from 3Q 2022). Aankondiging • Oct 15
Cyber Security 1 AB (publ) Announces Executive Changes Cyber Security 1 AB (publ) announced that it has accepted the resignation of its CFO Gemma Theron, due to family commitments. Gemma Theron, CFO and member of the management team of CYBER1 since September 2020, has announced that she will be resigning from her position as Chief Financial Officer due to family commitments. Gemma will remain as the CFO until 29th of February 2024, and the process of recruiting a new CFO is underway. In the interim, the CFO will continue to work with the Financial Lead of C1S Solutions South Africa, Renaldo Ferreira, on Group related projects and matters. Renaldo Ferreira, Financial Manager at CYBER1 Solutions South Africa, has proven experience in leading the finance function for the largest group company (by revenue and employees) within CYBER1, with previous experience as Financial Manager at Federal Airlines. He is also a member of the South African Institute of Chartered Accountants (SAICA) professional body, as an Associate General Accountant (AGA) in South Africa. Reported Earnings • Aug 14
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: €11.7m (up 18% from 2Q 2022). Net loss: €197.0k (loss narrowed 78% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • May 25
First quarter 2023 earnings released First quarter 2023 results: Revenue: €13.4m (up 39% from 1Q 2022). Net income: €193.0k (up €652.0k from 1Q 2022). Profit margin: 1.4% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 20
Third quarter 2022 earnings released: €0.001 loss per share (vs €0.001 profit in 3Q 2021) Third quarter 2022 results: €0.001 loss per share (down from €0.001 profit in 3Q 2021). Revenue: €11.3m (up 21% from 3Q 2021). Net loss: €1.00m (down 325% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Alan Goslar is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 12
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: €9.87m (up 20% from 2Q 2021). Net loss: €881.0k (down 122% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 24
First quarter 2022 earnings released First quarter 2022 results: Revenue: €9.63m (up 22% from 1Q 2021). Net loss: €459.0k (down €487.0k from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Alan Goslar is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €0.006 (up from €0.04 loss in FY 2020). Revenue: €37.2m (up 36% from FY 2020). Net income: €4.29m (up €18.1m from FY 2020). Profit margin: 12% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings. Aankondiging • Feb 01
Cyber Security 1 AB (publ) to Report Q4, 2022 Results on Feb 20, 2023 Cyber Security 1 AB (publ) announced that they will report Q4, 2022 results on Feb 20, 2023 Reported Earnings • Nov 09
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €9.37m (up 67% from 3Q 2020). Net income: €445.0k (up €1.72m from 3Q 2020). Profit margin: 4.7% (up from net loss in 3Q 2020). Reported Earnings • May 23
First quarter 2021 earnings released The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €7.93m (down 13% from 1Q 2020). Net income: €28.0k (up €1.56m from 1Q 2020). Profit margin: 0.4% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 52% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 27
Full year 2020 earnings released: €0.011 loss per share (vs €0.003 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: €27.4m (down 60% from FY 2019). Net loss: €3.67m (loss widened 302% from FY 2019). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 54% per year, which means it is significantly lagging earnings.