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Cyberoo S.p.A. Reports Strong FY2024 Growth and Strategic Expansion

Story Highlights
  • Cyberoo S.p.A. reported a 16.10% increase in cybersecurity revenues for FY2024.
  • The company is expanding in Europe and aligning with the NIS2 directive to strengthen its market position.
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Cyberoo S.p.A. Reports Strong FY2024 Growth and Strategic Expansion

Confident Investing Starts Here:

Cyberoo S.p.A. ( (IT:CYB) ) has issued an update.

Cyberoo S.p.A. has reported significant growth in its financial results for FY2024, with a notable increase in cybersecurity revenues by 16.10% and an EBITDA margin of 38.86%. The company is expanding its market presence in Europe, launching new products, and aligning with the NIS2 directive, which strengthens its position in the European cybersecurity ecosystem. Strategic investments in internationalization and AI development, along with a reorganization of technical and commercial departments, are expected to drive further growth and opportunities in the coming years.

More about Cyberoo S.p.A.

Cyberoo S.p.A. is an innovative SME listed on the Euronext Growth Milan market, specializing in cybersecurity for businesses. The company focuses on providing advanced cybersecurity services and solutions, with an emphasis on artificial intelligence and proprietary technology, primarily serving markets in Italy, Poland, and Spain.

YTD Price Performance: -16.51%

Average Trading Volume: 33,277

Technical Sentiment Signal: Buy

Current Market Cap: €73.31M

See more data about CYB stock on TipRanks’ Stock Analysis page.

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