TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Sekur Private Data ( (TSE:SKUR) ) just unveiled an announcement.
Sekur Private Data has received a proposal for the first 1,200 SMB bundle licenses in the Democratic Republic of Congo, marking its initial entry into the African market. This development is expected to generate a minimum annual recurring revenue of $1.3 million and reflects the company’s strategic efforts to expand its presence in Africa, particularly in response to rising business email compromise attacks.
Spark’s Take on TSE:SKUR Stock
According to Spark, TipRanks’ AI Analyst, TSE:SKUR is a Neutral.
Sekur Private Data’s stock score is driven by its revenue growth and debt-free status, though it is tempered by profitability and cash flow challenges. The technical analysis shows positive momentum, but the negative valuation metrics pose a risk. Recent corporate events like the private placement are positive but are already accounted for in financial performance.
To see Spark’s full report on TSE:SKUR stock, click here.
More about Sekur Private Data
Sekur Private Data is a Swiss-hosted cybersecurity and private communications platform offering solutions such as encrypted email, secure messaging, and privacy-focused VPN services. The company focuses on providing secure communications without relying on Big Tech infrastructure, targeting high-value clients including C-level executives and government officials.
Average Trading Volume: 190,373
Technical Sentiment Signal: Buy
Current Market Cap: C$13.74M
For a thorough assessment of SKUR stock, go to TipRanks’ Stock Analysis page.