Despite a decline in revenue and increased liabilities, Hub Cybersecurity has demonstrated strong strategic realignment, cost reductions, and significant contract wins. The company's focus on high-margin business segments and operational efficiency has led to improved margins and a promising outlook for future growth.

Company Guidance -

Q4 2024

During the Hub Cybersecurity 2024 financial results call, several key metrics and strategic initiatives were highlighted. The company reported a revenue of $13.8 million for the second half of 2024, down from $17.6 million in the same period in 2023, while full-year revenue was $39.6 million compared to $42.7 million in 2023. Despite a leaner revenue base, the gross margin improved significantly to 25.6% in H2 2024, up by 15.4% compared to H2 2023, driven by strategic realignment towards higher-margin business segments. Operating expenses were reduced by 29% in H2 2024 compared to the prior year, aggregating to $14.7 million. The operating loss also improved by 38% in H2 2024, dropping from $77 million in 2022 to $26 million in 2024. Hub's secured data fabric platform, with margins of 80% to 90%, is set to be the primary growth driver, with the company expecting a marked transformation in its business mix starting in 2025. The focus remains on expanding their US presence and targeting high-priority sectors like transportation, with an anticipated first signed contract in 2025. Hub's commitment to compliance and transparency has been reinforced with a new leadership team and strengthened governance frameworks.

Strategic Realignment and Margin Improvement

Hub Cybersecurity's gross margin improved significantly to 25.6% in H2 2024, up by 15.4% compared with H2 2023 due to strategic realignment towards higher margin business segments.

Significant Engagement with Bank of San Marino

In March, Hub was awarded a EUR 20 million engagement by the Bank of San Marino to modernize its entire digital banking infrastructure, expected to deliver in full this year.

Operational Cost Reductions

Operating expenses for H2 2024 aggregated to $14.7 million, reflecting a significant 29% reduction compared to $20.9 million in H2 2023.

Strategic US Expansion

Hub is scaling its US presence with a new office in New York City and aggressively hiring world-class talent to support demand across North America.

Long-term Recurring Revenue Growth

Over 60% of 2024 revenue came from long-term recurring contracts across financial services and critical infrastructure.

Hub (HUBC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HUBC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 27, 2025	2025 (Q2)	- / -	―	―	―	―
May 01, 2025	2024 (Q4)	- / -0.36	-1.5	76.20% (+1.14)	―	―
Dec 02, 2024	2024 (Q2)	- / -1.30	-0.77	-68.31% (-0.53)	―	―
Aug 15, 2023	2022 (Q4)	- / -0.77	-0.178	-332.58% (-0.59)	―	―
Sep 01, 2022	2022 (Q2)	- / -0.18	-0.046	-286.96% (-0.13)	―	―
Aug 31, 2021	2021 (Q2)	- / -0.05	-0.014	-228.57% (-0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HUBC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 01, 2025	$2.36	$2.98	+26.27%
Dec 02, 2024	$5.52	$5.50	-0.36%
Aug 15, 2023	$59.00	$47.29	-19.85%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does HUB CYBER SECURITY (ISRAEL) LTD (HUBC) report earnings?

HUB CYBER SECURITY (ISRAEL) LTD (HUBC) is schdueled to report earning on Aug 27, 2025, TBA (Confirmed).

What is HUB CYBER SECURITY (ISRAEL) LTD (HUBC) earnings time?

HUB CYBER SECURITY (ISRAEL) LTD (HUBC) earnings time is at Aug 27, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HUBC EPS forecast?

Currently, no data Available

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