Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) has provided an update.
AUCyber Limited announced the termination of its cybersecurity monitoring contract with the Australian Electoral Commission, effective February 28, 2025, resulting in a monthly revenue decrease of $60,000. Despite this setback, AUCyber remains committed to providing high-quality cybersecurity services and is actively seeking new opportunities in both government and private sectors.
More about Sovereign Cloud Holdings Ltd.
AUCyber Limited, a publicly listed company, specializes in delivering secure cloud infrastructure and managed cybersecurity services. It operates nationally, employing Australian security-cleared professionals and holds key certifications for its services. Recognized as one of the top innovative technology companies in Australia, AUCyber serves both enterprise and government sectors.
YTD Price Performance: -33.33%
Average Trading Volume: 1,961,024
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$16.36M
Learn more about CYB stock on TipRanks’ Stock Analysis page.