EQS-News: cyan AG
/ Key word(s): Half Year Report/Half Year Results
cyan AG achieves a 56% increase in revenues in the first half of 2024 and continues its strong dynamic growth in the cybersecurity segment
Munich, 26 September 2024 – cyan AG, a provider of intelligent cybersecurity solutions, published its half-year report 2024 today. The company has made significant progress in implementing its focused strategy across the cybersecurity market. Revenues increased by 56% to EUR 3.2 million (H1 2023: EUR 2.1 million). The share of recurring revenues from subscriptions amounts to 95%. The operating result (EBITDA) improved to EUR -1.1 million (H1 2023: EUR -2.0 million). In particular, the higher revenues on a constant cost base had a positive impact. The result also includes one-off effects from consulting fees for the sale of i-new.
26.09.2024 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: | 1995699 |
End of News | EQS News Service |
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1995699 26.09.2024 CET/CEST
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