CYBER1 secures debt funding of €3,612,500, restructuring previous loan arrangement
Stockholm, Sweden – 6th February 2024 – Cyber Security 1 AB (publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) announces that it today has secured additional funding and arranged for repayment and restructuring of previous loan arrangements. New loan and restructuring of previous loan arrangements The new loan, making available in total €3,612,500 to the […]
CYBER1 Executive Management Update – Appointment of Acting CFO
Stockholm, Sweden– 29th January 2024 – Cyber Security 1 AB (publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) is pleased to announce 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 […]
CYBER1 secures debt funding of €750,000, with option for equity conversion
Stockholm, Sweden– 12th January 2024 – Cyber Security 1 AB (publ) (the “Company”) (“CYBER1”) (Nasdaq First North: CYB1) announces that it today has secured operating capital towards strategic growth initiatives of the Company. Loan amount and availability The loan, of in total €750,000, is arranged by Ivo van Laar Beheer B.V (not a shareholder in […]
CYBER1 appoints Ethel Nyembe as Executive Director for Africa
CYBER1 appoints Ethel Nyembe as Executive Director for Africa Leading end-to-end security solutions provider, CYBER1 has announced the appointment of Ethel Nyembe as an Executive Director for Africa. As an integral part of the Executive Committee, Ethel will work across all businesses within South Africa. Robert Brown, Group President and Executive Director of CYBER1, says: […]
Mangold Insights Publishes Updated Analysis on CYBER1, Following Q3 2023 Results
Mangold Insights Publishes Updated Analysis on CYBER1, Following Q3 2023 Results Stockholm, Sweden – 12th December 2023 – Mangold Insight, has produced an updated equity research and analysis of Cyber Security 1 AB (Publ), following the Q3 2023 results. Mangold has chosen to adjust down the growth rate given a lower growth than expected. Gross […]
CYBER1 Q3 REPORT 2023: CYBER1 maintains focus on margin growth
Stockholm, Sweden– 15th November 2023 – Cyber Security 1 AB has released its Q3 2023 report, detailing year to date revenue growth of 11%, recording €8,858k in revenue for the third quarter. Year to date margin has also increase by 22%, through increased Next-Gen Security Operations Centre (SOC) sales, combined with growing vendor commercial partnerships. […]
CYBER1 subsidiary in South Africa achieves B-BBEE Level 1 award
Stockholm, Sweden – 13th November 2023 – CYBER1’s largest subsidiary CYBER1 Solutions South Africa, has announced its recent attainment of a B-BBEE (Broad-Based Black Economic Empowerment) Level 1 status. B-BBEE is a vital framework in South Africa, designed to address historical inequalities and promote economic transformation. The rating system ranges from Level 8 (the lowest) […]
Cyber Security 1 AB: Update on Executive Management
Stockholm, Sweden – 13th October 2023 – Cyber Security 1 AB (publ) (“The Company”) (“CYBER1”) (Nasdaq First North: CYB1), has with regret 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 today announced that she will be […]
CYBER1 announces strong revenue growth for H1 2023
CYBER1 is pleased to announce that its revenues are up 30% in the first half of this year to €25 million, and with that, a margin of €5,6 million and an EBITDA result of €394,000. This is a significant improvement from this time last year when it had a negative -€1.4 million. Robert Brown, Group […]
Mangold Insight publishes updated analysis on CYBER1, following H1 2023 Results
Stockholm, Sweden – 21st August 2023 – Mangold Insight, has produced an updated equity research and analysis of Cyber Security 1 AB (Publ), following the H1 2023 results. Mangold Insight has confirmed its target price at EUR 0.055 per share, following the publication of the H1 2023 report. Since Mangold Insight has conducted its analysis […]
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