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 |