Cyberoo Launches Cyberoo Capital for Evolutionary Leasing in Cyber Security

Cyberoo S.p.A. ( (IT:CYB) ) has provided an announcement.

Cyberoo S.p.A. has launched Cyberoo Capital S.r.l., a new entity dedicated to providing evolutionary leasing contracts for its cyber security solutions, aiming to meet the growing demand for flexible usage models and enhance recurring revenues. The Board of Directors has approved up to 15 million Euros in financial support for Cyberoo Capital, which is expected to strengthen the company’s market position, increase recurring revenue, and foster long-term sustainable growth in the cyber security as-a-service segment.

More about Cyberoo S.p.A.

Cyberoo S.p.A. is an innovative SME listed on the Euronext Growth Milan market, specializing in cyber security for businesses. The company focuses on protecting, monitoring, and managing IT ecosystem information for medium-sized enterprises, offering a broad portfolio of advanced enterprise solutions at competitive prices.

Average Trading Volume: 51,005

Technical Sentiment Signal: Sell

Current Market Cap: €60.26M

For detailed information about CYB stock, go to TipRanks’ Stock Analysis page.