Cyba Plc (GB:NARF) has released an update.
Narf Industries PLC, a cybersecurity firm, has reported a 200% increase in total revenue to $7.6 million for the 15-month period ending March 31, 2024, with significant growth in its U.S. Government business segments. The company has seen a positive shift in its financial position, with a surge in government-related revenues and a reduction in operating losses, alongside a positive adjusted EBITDA of $165,000. Additionally, Narf Industries is gearing up to introduce its new social cyber-Software as a Service (SaaS) product, narf.ai, as it continues to build its corporate governance structure and explore strategic partnerships.
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