Buy Or Sell Opportunity • May 13
Now 21% overvalued Over the last 90 days, the stock has fallen 3.8% to €2.56. The fair value is estimated to be €2.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 7.8%. Revenue is forecast to grow by 12% in a year. Earnings are forecast to grow by 30% in the next year. Breakeven Date Change • May 11
Forecast breakeven date pushed back to 2028 The 2 analysts covering SSH Communications Security Oyj previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 61% per year to 2027. The company is expected to make a profit of €2.95m in 2028. Average annual earnings growth of 81% is required to achieve expected profit on schedule. Reported Earnings • Apr 30
First quarter 2026 earnings released: €0.03 loss per share (vs €0.11 loss in 1Q 2025) First quarter 2026 results: €0.03 loss per share (improved from €0.11 loss in 1Q 2025). Revenue: €5.30m (down 1.9% from 1Q 2025). Net loss: €1.30m (loss narrowed 7.1% from 1Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Software industry in the United Kingdom. Breakeven Date Change • Apr 29 The 2 analysts covering SSH Communications Security Oyj previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 66% to 2026. The company is expected to make a profit of €1.15m in 2027. Average annual earnings growth of 76% is required to achieve expected profit on schedule.
Buy Or Sell Opportunity • Apr 28
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to €2.12. The fair value is estimated to be €2.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 9.9% in a year. Earnings are forecast to grow by 66% in the next year. Buy Or Sell Opportunity • Apr 07
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to €2.11. The fair value is estimated to be €2.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 9.9% in a year. Earnings are forecast to grow by 66% in the next year. Buy Or Sell Opportunity • Mar 19
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to €2.13. The fair value is estimated to be €2.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 9.9% in a year. Earnings are forecast to grow by 66% in the next year. Reported Earnings • Feb 18
Full year 2025 earnings released: €0.08 loss per share (vs €0.098 loss in FY 2024) Full year 2025 results: €0.08 loss per share (improved from €0.098 loss in FY 2024). Revenue: €21.6m (down 2.5% from FY 2024). Net loss: €2.30m (loss narrowed 43% from FY 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Software industry in the United Kingdom. Buy Or Sell Opportunity • Feb 17
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 28% to €2.36. The fair value is estimated to be €3.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has declined by 24%. Revenue is forecast to grow by 6.0% in a year. Earnings are forecast to grow by 74% in the next year. Duyuru • Jan 09
Ssh Communications Security Corporation Appoints Harri Pendolin as Chief Product Officer, Effective from February 1, 2026 SSH Communications Security Corporation has appointed Harri Pendolin as Chief Product Officer for SSH, effective February 1, 2026. He is part of the new Executive Management Team. The CPO role is new at SSH and will be responsible for shaping and executing the product strategy to support successful market expansion. Strengthening SSH’s go-to-market and product marketing capabilities is essential to increase demand generation and accelerate growth. Harri joins SSH from Taskmill Consulting, previously also at Eficode and Nokia. He brings extensive experience and a proven track record in the development of product-led businesses, with strengths in the formulation of product strategy, the advancement of product leadership, and the transformation of product management organizations. Duyuru • Jan 02
SSH Communications Security Oyj Provides Earnings Guidance for the Year 2025 SSH Communications Security Oyj provided earnings guidance for the year 2025. For the year, company expected Net sales will decrease slightly compared to 2024. The earlier 2025 outlook, issued on 14 February 2025, expected net sales to grow. New Risk • Oct 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major 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: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Breakeven Date Change • Oct 27
Forecast breakeven date pushed back to 2027 The analyst covering SSH Communications Security Oyj previously expected the company to break even in 2026. New forecast suggests losses will reduce by 66% per year to 2026. The company is expected to make a profit of €2.80m in 2027. Average annual earnings growth of 118% is required to achieve expected profit on schedule. Reported Earnings • Oct 26
Third quarter 2025 earnings released: €0.02 loss per share (vs €0.02 loss in 3Q 2024) Third quarter 2025 results: €0.02 loss per share (in line with 3Q 2024). Revenue: €5.50m (up 5.8% from 3Q 2024). Net income: €0 (up €100.0k from 3Q 2024). Profit margin: 0% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Software industry in the United Kingdom. Breakeven Date Change • Oct 24 The analyst covering SSH Communications Security Oyj previously expected the company to break even in 2026. New forecast suggests losses will reduce by 20% to 2025. The company is expected to make a profit of €1.20m in 2026. Average annual earnings growth of 128% is required to achieve expected profit on schedule.
Duyuru • Sep 09
SSH Communications Security Oyj announced that it expects to receive €20 million in funding from Leonardo S.p.a. SSH Communications Security Oyj announced that it has signed a strategic partnership and investment agreement to raise gross proceeds of €20,000,000 on September 9, 2025. The transaction includes participation from Leonardo S.p.A. Reported Earnings • Jul 18
First half 2025 earnings released: €0.14 loss per share (vs €0.047 loss in 1H 2024) First half 2025 results: €0.14 loss per share (further deteriorated from €0.047 loss in 1H 2024). Revenue: €10.8m (up 6.9% from 1H 2024). Net loss: €2.10m (loss widened 40% from 1H 2024). Revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Software industry in the United Kingdom. Breakeven Date Change • Jun 19
Forecast breakeven date pushed back to 2026 The analyst covering SSH Communications Security Oyj previously expected the company to break even in 2025. New forecast suggests losses will reduce by 73% to 2025. The company is expected to make a profit of €1.20m in 2026. Average annual earnings growth of 107% is required to achieve expected profit on schedule. Duyuru • May 30
SSH Communications Security Announces Complete, Automated Integration Between PrivX PAM and PrivX Key Manager SSH Communications Security announced the complete and automated integration of their SSH key lifecycle management and privileged access management (PAM) solutions. The company's PrivX Just-in-Time PAM keeps organizations secure and their people productive. SSH's PrivX Key Manager extends this PAM functionality by discovering SSH keys and accounts, automating their management at scale and enabling the evolution to keyless access via unique ephemeral certificates with the push of a button. The importance of workload ID and secrets management, including SSH keys and passwords, as a critical capability for a PAM is emphasized by analysts such as Gartner and KuppingerCole, global leaders in security market research. KuppingerCole has recently recognized PrivX as an overall, product and innovation leader in their recent Enterprise Secrets Management Leadership Compass 2025. Like passwords, SSH keys are critical access credentials, a significant attack vector, and an audit failure point especially in large organizations with thousands of servers. Traditional PAM solutions typically discover only 20% of all SSH keys and can't properly manage them through a vault alone. This leads to non-compliance, security risks and opportunities for PAM bypasses. Reported Earnings • May 02
First quarter 2025 earnings released: €0.034 loss per share (vs €0.03 loss in 1Q 2024) First quarter 2025 results: €0.034 loss per share (further deteriorated from €0.03 loss in 1Q 2024). Revenue: €5.40m (up 8.0% from 1Q 2024). Net loss: €1.40m (loss widened 75% from 1Q 2024). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Software industry in the United Kingdom. Breakeven Date Change • Apr 30 The analyst covering SSH Communications Security Oyj previously expected the company to break even in 2025. New forecast suggests the company will make a profit of €370.0k in 2025. Earnings growth of 77% is required to achieve expected profit on schedule.
Duyuru • Apr 17
Ssh Communications Security Announces Multiple Privx Deals SSH Communications Security announced new wins for PrivX, a modern 3rd generation privileged access management (PAM) solution. PrivX provides just-in-time (JIT) and Just Enough Access (JEA), operates with both zero standing privileges (ZSP) and a secrets vault for credentials management. The solution is based on modern scalable microservices architecture, and PrivX bridges the gap between traditional, modern and future-proof access management in critical IT/OT infrastructure. These elements earned the solution the recognition of being an overall leader in KuppingerCole's Cloud Identity and Entitlement Management (CIEM) Leadership Compass last year. New customer wins for PrivX include: a leading North American advisor in business-to-business engagement solutions globally. an Asian foods wholesaler with a network of approximately 6,500 suppliers and 3,000 buyers a leading Nordic full-service provider of cloud-based IT services a global leader in forest industry business a Defense operator. Reported Earnings • Feb 18
Full year 2024 earnings released: €0.10 loss per share (vs €0.10 loss in FY 2023) Full year 2024 results: €0.10 loss per share (improved from €0.10 loss in FY 2023). Revenue: €22.2m (up 9.2% from FY 2023). Net loss: €1.10m (loss narrowed 73% from FY 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Software industry in the United Kingdom. Duyuru • Jan 09
SSH Communications Security Corporation Appoints Rami Raulas as CEO, Effective 8 January 2025 The board of directors of SSH Communications Security Corporation has appointed Rami Raulas CEO, effective 8 January 2025. He has been interim CEO since February 2024. Raulas joined SSH in 2016 and has been a member of the company’s Executive Management Team since 2021 as Head of EMEA Region. Prior to joining SSH, Raulas held international leadership positions in global companies, such as Ahlstrom, Fujitsu-Siemens, Fujitsu and Nokia. He holds a Master of Science degree from the Helsinki School of Economics (currently Aalto University). Duyuru • Nov 29
SSH Communications Security Oyj Announces the Appointment of Pauli Haikonen as the Chief Information Security Officer, Effective December 1, 2024 SSH Communications Security Oyj announced the appointment of Pauli Haikonen as the company's Chief Information Security Officer (CISO), effective December 1, 2024. Pauli has been a key part of SSH since 2018, contributing greatly to the development and management of the company’s IT systems. With nearly 20 years of experience in IT and cybersecurity, Pauli brings a wealth of knowledge and expertise that positions him perfectly to lead SSH’s security strategy as it continues to grow and expand in an increasingly complex digital landscape. In his current role, Pauli led the company through the successful process of obtaining ISO 27001 certification, a significant achievement that highlights SSH's commitment to maintaining high standards for information security. This certification demonstrates that the company meets important requirements for protecting data and managing security risks. As CISO, Pauli will be responsible for overseeing the company’s overall approach to cybersecurity, helping to protect both the organization and its clients from the growing risks in the digital world. His leadership will be essential as SSH continues to strengthen its security practices and ensure it remains a reliable partner for businesses seeking secure solutions. Reported Earnings • Oct 26
Third quarter 2024 earnings released Third quarter 2024 results: €0.002 loss per share. Revenue: €5.20m (flat on 3Q 2023). Net loss: €100.0k (flat on 3Q 2023). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Software industry in the United Kingdom. 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 23% per year, which means it is performing significantly worse than earnings. New Risk • Oct 25
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 12% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€48.5m market cap, or US$52.6m). Duyuru • Sep 27
SSH Communications Security Oyj, Annual General Meeting, Mar 25, 2025 SSH Communications Security Oyj, Annual General Meeting, Mar 25, 2025. Location: helsinki Finland Breakeven Date Change • Aug 26
Forecast breakeven date pushed back to 2026 The analyst covering SSH Communications Security Oyj previously expected the company to break even in 2025. New forecast suggests losses will reduce by 76% per year to 2025. The company is expected to make a profit of €680.0k in 2026. Average annual earnings growth of 104% is required to achieve expected profit on schedule. Duyuru • Jul 08
SSH Communications Security Announces the Release of Version 3.0 of Its Quantum-Safe NQX Communications Solution SSH Communications Security announced the release of version 3.0 of its quantum-safe NQX communications solution. The new version is more powerful, supports the latest quantum-safe encryption algorithms, and enables customers to manage large numbers of connections between networks, data centers, and factories. The NQX software meets the needs of national security agencies and other organizations as they move vast amounts of data between data centers, industrial environments, branch offices and networks in a quantum-secure fashion. Unlike many competing products, NQX transmits data at high rates even when super secure quantum-safe connections are turned on. The main features of NQX 3.0 are: Quantum-safe key exchange with support for the latest post-quantum cryptography (PQC) key agreement algorithms FrodoKEM and Kyber. Crypto agile design ensures that the latest PQC algorithms can be easily taken into use as they evolve. The solution uses the hybrid approach where classical and quantum-safe algorithms work both in parallel and together. Ethernet support up to 100Gbps for data links between data centers. Modernized management system for more efficient operations of even the most complex network topologies. Duyuru • Apr 19
SSH Communications Security Oyj Announces Significant Enhancements to the Authentication Capacity of Its Solution Portfolio, the PrivX Zero Trust Suite SSH Communications Security announced significant enhancements to the authentication capacity of its solution portfolio, the PrivX Zero Trust Suite. PrivX Authorizer, including Device Trust Authorizer, provides more secure authentication for privileged users and their devices. Email phishing is an attack vector that leverages the weaknesses of credential-based authentication and weak MFA solutions. Hence, modern phishing-resistant MFA is needed, and modern SSH MFA solutions provide a powerful way to mitigate phishing attacks on authentication. Strong authentication and just-in-time authorization for super-users: Authentication using off-the-shelf products is enough for standard users. However, there are some critical systems and high-impact operations that require stricter access control and stricter authentication. The users for this are about 1 in 200: super-users or power users, such as administrators and application owners. For these sensitive users, PrivX Authorizer provides a phishing-resistant, biometrics-based advanced MFA that can authenticate the device and the user. The Device Trust solution continuously validates the device's security posture, terminating policy-contravening sessions automatically. Moreover, it can deny access based on anomalous user behavior, location, and time, or require re-authentication. Additionally, PrivX Authorizer will be able to facilitate and approve temporary role requests from other users. Duyuru • Mar 01
SSH Communications Security Corporation Appoints Miikka Sainio to Executive Management Team CTO Miikka Sainio has been appointed as a member of SSH Communications Security Corporation’s Executive Management Team as of 1 March 2024. Sainio has been working at SSH since 2016 and as CTO he has served since November 2020. Duyuru • Feb 28
SSH Communications Security Oyj Announces CEO Changes The Board of Directors of SSH Communications Security Corporation and CEO Teemu Tunkelo have agreed that Tunkelo will leave his position in the company with immediate effect. Tunkelo served as CEO of SSH since March 2020. The recruitment process for a new CEO has been initiated. The Board of Directors of SSH has appointed Rami Raulas as interim CEO of the company. Raulas has been a member of the company’s Executive Management Team since 2021 as Head of EMEA Region and has been with SSH since 2016. Rami holds a Master of Science degree in strategic marketing, business economics, and computer science from Aalto University (previously known as the Helsinki School of Economics). New Risk • Feb 24
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 15% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (€56.7m market cap, or US$61.4m). Reported Earnings • Feb 23
Full year 2023 earnings released: €0.10 loss per share (vs €0.049 loss in FY 2022) Full year 2023 results: €0.10 loss per share (further deteriorated from €0.049 loss in FY 2022). Revenue: €20.3m (up 5.3% from FY 2022). Net loss: €2.70m (loss widened 41% from FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Software industry in the United Kingdom. Board Change • Feb 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Christian Fredrikson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Feb 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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: Major Risk Shares are highly illiquid. Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (€75.0m market cap, or US$80.9m). Board Change • Feb 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Christian Fredrikson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 06
SSH Communications Security Announces Enhancements to SSH Zero Trust Suite SSH Communications Security announced enhancements to SSH Zero Trust Suite, enabling tight integration for key users accessing critical and sensitive data with Microsoft Entra solutions. SSH Zero Trust Suite and Microsoft Entra allow customers to improve their cybersecurity posture in Identity and Access Management (IAM). This integration streamlines access control to sensitive and critical data. This solution serves SSH's customers in finance, government, retail, and critical infrastructure like factories, airports, container terminals, and electricity and water supplies. PrivX technology protects users' access to critical and sensitive data with tight access control. Most cybersecurity risks are caused by a few users - typically one out of 200 users. Traditional perimeter-based security has become costly and ineffective. Communications security between people, systems, and networks is more important than blocking access with firewalls. PrivX completes Microsoft Entra solutions in environments that require high security. SSH Zero Trust Suite tightens the screws limiting access to the minimum and replaces permanent authorizations with just-in-time and just-enough access. The solution creates an audit trail about who did what, when, with what device, and at what time in which time zone. SSH Zero Trust Suite controls access to critical and sensitive data based on true multi-factor authentication (MFA), replacing traditional unsecure token-based two-factor (2FA) authentications like SMS messages. Duyuru • Nov 03
SSH Communications Security Oyj Announces the Launch of Secure Messaging 2024, A New Module of Its Secure Collaboration 2024 Platform SSH Communications Security, announced the launch of Secure Messaging 2024, a new module of its Secure Collaboration 2024 platform. Secure Messaging 2024 is a real-time, modern, secure messaging solution fortifying SSH's overall Zero Trust Suite solutions portfolio. Secure Messaging 2024 addresses compliance and security challenges in business communications. It provides organizations with a solution to fulfill requirements to oversee their employees’ communications with customers. Secure Messaging 2024 helps organizations improve their efficiency and productivity. It offers a variety of features, such as video and voice calling, file sharing, and group chats, that make it easy for employees to communicate, collaborate, and invite external collaborators under the employer’s regulatory supervision requirements. Secure Messaging 2024 provides compliant digital communication for humans: End-to-end encryption: All direct messages and group chats in Secure Messaging 2024 are encrypted, meaning only the sender and recipient can read them. Compliance: Secure Messaging 2024 helps organizations comply with industry regulations, such as NIS2, GDPR, HIPAA, and CCPA. These regulations require organizations to protect sensitive data and record all communications. Auditability: Secure Messaging 2024 provides organizations with a complete audit trail of all communications. This allows organizations to identify any suspicious activity or compliance violations quickly and easily. Data sovereignty: Customers can choose where their data resides (which country, on-premises or in the cloud) and always retain ownership and control of it. Integration with other applications: Secure Messaging 2024 integrates with other SSH products in the Zero Trust portfolio. Unauthorized employee-customer communication is a financial risk for financial institutions: Sharing sensitive, confidential, or secret business data via private messaging apps that aren't recorded can lead to non-compliance and massive fines. Recently, there have been several high-profile cases where financial institutions have been fined billions of dollars for using unauthorized and unrecorded communication channels, such as WhatsApp and Telegram. These channels are not compliant with SEC regulations and well-known business communication tools are increasingly targeted and breached. Duyuru • Oct 26
Ssh Communications Security Corporation Provides Sales Guidance for the Year 2023 SSH Communications Security Corporation provided sales guidance for the year 2023. For the period, the company expects net sales to grow during 2023 compared to 2022. Duyuru • Jul 22
SSH Communications Security Corporation Provides Sales Guidance for the Full Year 2023 SSH Communications Security Corporation provided sales guidance for the full year 2023. The company expected net sales to grow during 2023 compared to 2022. Duyuru • Jun 17
SSH Communications Security Launches SSH Zero Trust Suite SSH Communications Security launched SSH Zero Trust Suite, combining SSH’s proven-in-use communications security products into a modern passwordless, keyless, and borderless ecosystem solution and further fortifying solution with quantum-safe capabilities. Borderless means that cybersecurity threat is equal in internet, extranet, and intranet environments. Typical use cases: Sharing sensitive information by email and secure workspaces, Managing access to critical resources and applications, e.g., secure third-party maintenance, Automated inter-application communication, such as automated bank transfers, Encrypted data transfer between data centers Zero Trust Suite manages and access and secrets in communications, ensuring that sensitive information remains secure and accessible only to authorized individuals, also monitoring and auditing who does what and when in the invisible digital world. While Suite supports traditional credential vaulting and rotation, it enables just-in-time authentication between people, applications, systems, networks, and clouds, eliminating the need to use passwords or SSH keys. Modern and easy-to-use solution Organizations can confidently exchange critical data, and Suite's advanced security preserves data confidentiality, audibility, and proper control and monitoring of access. A simple user experience is at the heart of the Zero Trust Suite. Users can enjoy an effortless and smooth authentication and access process. By eliminating passwords and incorporating biometric and other intuitive authentication methods, Suite ensures a user-friendly experience. Cybersecurity needs to be borderless Cyber threats are a global concern. Intranet, extranet, and the internet all have the same cyber threat exposure. Solutions like firewalls or demilitarized zones were designed when borders were assumed. Duyuru • Jun 07
Ssh Launches Openssh Support Service for Multi-Platform Ssh Environments SSH launched a support service for OpenSSH. As a result, customers benefit from high-quality SSH support services also for the open-source variant of SSH software. OpenSSH will be supported on Windows and Red Hat Linux platforms. The SSH protocol is a secure network protocol used to establish encrypted and secure remote connections and transfer data between different systems. OpenSSH is an open-source implementation of the SSH protocol. It was initially released as a free version of SSH’s Tectia product. As an open-source product, OpenSSH is popular, especially as SSH client software. However, its usage in critical corporate environments has been partly limited due to a lack of high-quality support services or support from a single source for all SSH clients. Without proper support services, customers often invest in in-house OpenSSH expertise, resulting in increased operating costs and challenges in maintaining required service levels. Customers can access the SSH support team with Service Level Agreements like Tectia. Tectia’s R&D team can perform code-level analysis and propose patches to OpenSSH mainline or platform administrators. Customers benefit from single source support both for Tectia and OpenSSH products from experienced SSH technical support. Additional SSH Professional Services are also available, as well as other products in the SSH Zero Trust Suite portfolio. Duyuru • May 18
SSH Communications Security Oyj Announces Member of the Board of Directors, Sampo Kellomäki, Has Passed Away SSH Communications Security Oyj's member of the board of directors, Sampo Kellomäki, passed away from a serious illness on 16 May 2023. Sampo has been a board member of SSH Communications Security since 2020. Duyuru • Jan 13
SSH Communications Security Appoints Michael Kommonen as New Member of the Executive Management Team, Effective March 1, 2023 SSH Communications Security announced Michael Kommonen has been appointed as the new member of the Executive Management Team. Mr. Kommonen will take up his new position on March 1, 2023, at the latest. He joins the company from AbbVie, where he holds the position of Business Finance Manager. Mr. Kommonen has diverse experience in various analyst and controller positions in large companies such as Oriola, Novo Nordisk, and Schindler. Duyuru • Jan 12
SSH Communications Security Appoints Michael Kommonen as CFO, Effective March 1, 2023 SSH Communications Security announced Michael Kommonen has been appointed as the new CFO of the company and a member of the executive management team. Mr. Kommonen will take up his new position on March 1, 2023, at the latest. He joins the company from AbbVie, where he holds the position of Business Finance Manager. Mr. Kommonen has diverse experience in various analyst and controller positions in large companies such as Oriola, Novo Nordisk, and Schindler. Board Change • Nov 30
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Sampo Kellomaki is the most experienced director on the board, commencing their role in 2020. Independent Director Christian Fredrikson was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Breakeven Date Change • Jun 03
Forecast breakeven date moved forward to 2022 The analyst covering SSH Communications Security Oyj previously expected the company to break even in 2023. New forecast suggests the company will make a profit of €700.0k in 2022. Earnings growth of 92% is required to achieve expected profit on schedule. Board Change • Jun 03
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Sampo Kellomaki is the most experienced director on the board, commencing their role in 2020. Independent Director Christian Fredrikson was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 09
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: €0.088 loss per share (up from €0.11 loss in FY 2020). Revenue: €15.9m (up 42% from FY 2020). Net loss: €3.44m (loss narrowed 16% from FY 2020). Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 43%, compared to a 28% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Board Change • Mar 03
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Sampo Kellomaki 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 independent directors. Lack of experienced directors. 
