cyan AG (CYR) AI Stock Analysis

• Market Cap: €47.65M
• Dividend Yield: N/A
• Average Volume (3M): 3.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.23
• Revenue Growth: 98.99%
• EPS Growth: 87.57%
• Country: DE
• Employees: 45
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): -0.02
• Shares Outstanding: 20,189,486
• 10 Day Avg. Volume: 2,302
• 30 Day Avg. Volume: 3,409
• PEG Ratio: 0.18
• Price to Book (P/B): 2.02
• Price to Sales (P/S): 8.01
• P/FCF Ratio: -14.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €4.70
• Price Target Upside: 80.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: €2.50 ▼(-3.85% Downside)

cyan AG's overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, negative profit margins, and high debt levels. While technical indicators show some neutral signals, the negative valuation metrics further weigh down the score.

cyan AG Business Overview & Revenue Model

Company Description

cyan AG, through its subsidiaries, provides intelligent IT security solutions and telecommunication services in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company operates through two segments, Cybersecurity and BSS/OSS. It provides BSS/OSS services, such as connection to the network operator, billing, management of credit balances, provisioning, etc. to mobile virtual network operators (MVNO) to operate a virtual mobile operator. The company also provides OnNet Security, a network-based solution that enables service providers and carriers to take advantage of existing infrastructure by providing converged security; OnDevice Security, an endpoint-based solution that enables service providers to keep customers' devices safe from cyber-threats, including phishing, fraud, malware, and others; child protection solutions, an application-based security solution for child protection; Clean Pipe Domain Name system solutions that enables service providers and MVNO to filter unwanted data traffic and malicious content directly on their network. The company also provides cyber security solutions for the mobile and fixed line internet providers, MVNO, banks, insurance companies, and financial services providers. cyan AG was founded in 2017 and is headquartered in Munich, Germany.

How the Company Makes Money

cyan AG generates revenue primarily through the sale of its software solutions and services to telecommunications providers and businesses. The company's revenue model includes licensing fees for software products, subscription fees for ongoing support and maintenance services, and consulting fees for implementation and optimization projects. Significant partnerships with major telecom operators enhance their market reach and contribute to stable revenue streams. Additionally, cyan AG may also earn income through performance-based contracts and revenue sharing agreements with clients, further diversifying their earnings.

cyan AG Financial Statement Overview

Summary

cyan AG is facing challenging financial circumstances. With declining revenues, negative profit margins, and ongoing operational inefficiencies, the company shows signs of financial distress. Although the balance sheet reflects some stability in equity, high debt levels and negative cash flows are concerning, indicating a need for strategic financial restructuring.

Income Statement

cyan AG's income statement reveals significant challenges. The company has experienced consistent revenue declines over the years, with a major drop from 2019 to 2020. The gross profit margin turned negative in recent years, indicating costs surpassing revenue. Net income remains negative, and EBIT and EBITDA margins are also deeply negative, highlighting ongoing operational inefficiencies.

Balance Sheet

The balance sheet shows a relatively stable equity situation, with a high equity ratio reflecting low leverage. However, the debt-to-equity ratio has increased over time, and the significant reduction in assets and equity from 2020 to 2024 signals potential financial distress. The return on equity has been negative, correlating with the company's consistent net losses.

Cash Flow

Cash flows have been consistently negative, with free cash flow showing no positive growth. Operating cash flow remains negative, indicating inefficiencies in core business operations. Although some improvement in investing cash flow is noted, overall, the company struggles to generate cash from operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.09M	4.72M	3.80M	8.48M	21.29M
Gross Profit	1.55M	-617.00K	-11.69M	-14.87M	1.94M
EBITDA	-1.47M	-4.46M	-4.37M	-11.59M	-4.35M
Net Income	-3.74M	-20.72M	-14.71M	-13.88M	-9.27M
Balance Sheet
Total Assets	32.70M	43.72M	84.00M	95.75M	96.28M
Cash, Cash Equivalents and Short-Term Investments	816.00K	2.87M	5.35M	8.50M	2.49M
Total Debt	2.05M	2.17M	6.66M	12.70M	9.81M
Total Liabilities	4.60M	11.73M	18.20M	22.97M	23.60M
Stockholders Equity	28.10M	31.98M	45.61M	72.78M	72.68M
Cash Flow
Free Cash Flow	-3.81M	-4.72M	-7.72M	-9.88M	-9.82M
Operating Cash Flow	-3.80M	-4.01M	-6.87M	-9.56M	-8.78M
Investing Cash Flow	1.10M	-460.00K	-558.00K	-50.00K	-1.93M
Financing Cash Flow	-266.00K	2.88M	4.33M	16.46M	3.01M

cyan AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:CYR, the sentiment is Positive. The current price of 2.6 is above the 20-day moving average (MA) of 2.42, above the 50-day MA of 2.39, and below the 200-day MA of 2.63, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 66.67 is Neutral, neither overbought nor oversold. The STOCH value of 54.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DE:CYR.

cyan AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
YSN	―	€1.33B	41.51	24.42%	1.35%	12.26%	15.55%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CYR	―	€47.65M	―	-6.83%	―	98.99%	87.57%
SYZ	―	€23.96M	―	-42.79%	―	-9.58%	-820.12%