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Cybeats Technologies Corp. (formerly, Pima Zinc Corp.) (C:CYBT)

Business Focus: Software (NEC)

Sector:  Technology Industry:  Software
 
Company Contact
Address: 65 International Blvd. Suite 202
Toronto ON M9W 6L9
Tel: N/A
Website: https://www.cybeats.com
IR: See website
Key People
Yoav Raiter
Chief Executive Officer, Director
Josh Bald
Chief Financial Officer
Justin Leger
Chief Operating Officer, Director
Dmitry Raidman
Chief Technology Officer
   
Business Overview
Cybeats Technologies Inc. is a Canada-based software bill of materials (SBOM) management and software supply chain intelligence technology provider. It enables organizations to manage risk, meet compliance and secure software from procurement, development through operation. It offers built-in security solutions for software and Internet of things (IoT) devices, delivering proactive prevention, detection, and response in real-time. It aggregates and manages SBOMs at every level during various stages of the DevOps cycle. Its products include SBOM Studio and RSDP IoT Security. SBOM Studio is an enterprise-class solution that helps you understand and track third-party components that are an integral part of software. SBOM Studio supports the software package data exchange (SPDX) and OWASP CycloneDX. Its RSDP IoT Security is an integrated security platform designed for connected devices. It operates in various sectors, such as critical infrastructure operators, hospitals, and utilities.
Financial Overview
For the three months ended 31 March 2023, Cybeats Technologies Inc revenues increased from C$6K to C$218K. Net loss applicable to common stockholders increased 6% to C$1.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Subcontractor fees increase of 91% to C$587K (expense), Salary and wages increase of 62% to C$610K (expense).
Employees: 48 as of Nov 21, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $28.62M as of Mar 31, 2023
Annual revenue (TTM): $0.33M as of Mar 31, 2023
EBITDA (TTM): -$7.45M as of Mar 31, 2023
Net annual income (TTM): -$7.22M as of Mar 31, 2023
Free cash flow (TTM): -$16.85M as of Mar 31, 2023
Net Debt Last Fiscal Year: $0.48M as of Mar 31, 2023
Shares outstanding: 117,712,906 as of Apr 15, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization