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Cyba Plc (GB:NARF)
LSE:NARF
UK Market
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Cyba Plc (NARF) AI Stock Analysis

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GB:NARF

Cyba Plc

(LSE:NARF)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
0.42 p
▼(-19.81% Downside)
Action:Upgraded
Date:08/04/26
The score is primarily constrained by weak financial performance—negative equity, high leverage relative to assets, ongoing losses, and negative operating cash flow. Technicals also reflect a weak trend (below key moving averages) despite an oversold RSI that may hint at a short-term bounce. Valuation provides limited support due to a negative P/E and no indicated dividend yield.
Positive Factors
Revenue Recovery
A clear top-line rebound to ~4.45M in 2026 indicates demand restoration and operating leverage potential. Sustained revenue growth over the next several quarters would improve cash generation and reduce reliance on external financing, supporting structural viability.
Negative Factors
Negative Equity / High Leverage
Negative equity and debt materially larger than assets indicate deep balance-sheet impairment. This structural weakness raises insolvency and refinancing risk, constrains access to capital, and limits management flexibility to invest or withstand future shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
A clear top-line rebound to ~4.45M in 2026 indicates demand restoration and operating leverage potential. Sustained revenue growth over the next several quarters would improve cash generation and reduce reliance on external financing, supporting structural viability.
Read all positive factors

Cyba Plc (NARF) vs. iShares MSCI United Kingdom ETF (EWC)

Cyba Plc Business Overview & Revenue Model

Company Description
Cyba Plc currently lacks substantial operational activities. Its primary focus is to deliver cyber and cybersecurity solutions, a goal it intends to achieve through strategic acquisitions. Founded in 2018, the company was previously named GCQC plc...

Cyba Plc Financial Statement Overview

Summary
Despite a revenue rebound and smaller losses in 2026, the company still shows persistent net losses, negative operating profit, negative equity (2023–2026), and debt exceeding total assets in 2026. Operating cash flow remains negative and cash generation is inconsistent, indicating elevated financial and funding risk.
Income Statement
28
Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
BreakdownMar 2025Mar 2025Dec 2023Jun 2023Dec 2021
Income Statement
Total Revenue4.45M3.00M6.06M2.55M1.94M
Gross Profit1.92M415.10K2.75M718.24K1.26M
EBITDA373.17K-2.20M-686.38K-17.86M-452.77K
Net Income-963.09K-3.56M-1.16M-18.43M
Balance Sheet
Total Assets887.34K926.66K1.98M3.91M2.22M
Cash, Cash Equivalents and Short-Term Investments77.06K136.70K654.37K442.75K274.97K
Total Debt3.37M3.09M1.30M1.51M0.00
Total Liabilities4.42M3.91M2.17M2.11M311.06K
Stockholders Equity-3.53M-2.99M-188.87K1.80M1.91M
Cash Flow
Free Cash Flow0.00-1.86M138.45K-3.49M-1.93M
Operating Cash Flow-222.52K-1.86M138.45K-2.99M-1.93M
Investing Cash Flow0.000.000.00-4.12M-1.94M
Financing Cash Flow163.83K1.34M43.04K7.11M2.44M

Cyba Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
58
Neutral
£224.04M58.113.04%23.41%-58.38%
50
Neutral
£20.36M-2.7686.91%20.06%6.30%
46
Neutral
£1.77M-10.50101.12%-4.11%
45
Neutral
£14.05M
43
Neutral
£6.79M-2.57224.15%43.33%75.00%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:NARF
Cyba Plc
0.38
-0.15
-28.57%
GB:ADVT
AdvancedAdvT Ltd.
175.00
-17.50
-9.09%
GB:ONDO
Ondo InsurTech Plc
8.90
-19.10
-68.21%
GB:AC8
Acceler8 Ventures Plc
400.00
295.00
280.95%
GB:KLSO
Insight Business Support Plc
3.05
0.07
2.35%
GB:GSC
GS Chain Plc
0.23
-0.28
-55.00%

Cyba Plc Corporate Events

Business Operations and StrategyFinancial DisclosuresPrivate Placements and FinancingProduct-Related Announcements
Narf Industries Boosts Revenue and Launches UPxi Amid Evolving Cybersecurity Landscape
Positive
Jul 31, 2026
Narf Industries reported audited results for the year to 31 March 2026, with revenue rising 50% to US$4.5 million while operating expenses held steady at about US$2.1 million, underscoring the scalability of its model. The group’s GRD busine...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 04, 2026