Cybeats Technologies Corp. (CYBT) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 222.39K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.14
• Revenue Growth: 41.89%
• EPS Growth: 55.59%
• Country: CA
• Employees: 48
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): >-0.01
• Shares Outstanding: 204,880,750
• 10 Day Avg. Volume: 91,903
• 30 Day Avg. Volume: 222,390
• PEG Ratio: 0.07
• Price to Book (P/B): -2.51
• Price to Sales (P/S): 7.99
• P/FCF Ratio: -3.35
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: C$0.13 ▲(10.83% Upside)

Cybeats Technologies Corp. faces significant financial challenges, with negative equity and profitability issues being the most critical factors. However, recent corporate events, including strategic appointments and contract extensions, provide some positive momentum. Technical indicators suggest a neutral market sentiment, while valuation metrics highlight caution due to ongoing losses.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand for Cybeats' IoT security solutions, suggesting a solid market position and potential for future expansion.

Market Expansion

Partnerships expand Cybeats' customer base and service offerings, reinforcing its competitive advantage in the growing IoT security market.

Product Demand

Increasing demand for IoT security solutions positions Cybeats well for sustained growth, leveraging its specialized expertise in a critical industry trend.

Negative Factors

Profitability Challenges

Severe profitability issues indicate operational inefficiencies, which could hinder long-term financial health and investment capacity.

Cash Flow Issues

Persistent cash flow deficits suggest reliance on external financing, limiting operational flexibility and posing risks to sustainability.

Financial Instability

Negative equity highlights a precarious financial position, raising concerns about the company's ability to meet long-term obligations.

Cybeats Technologies Corp. Business Overview & Revenue Model

Company Description

Cybeats Technologies Corp., a cybersecurity company, provides software bill of materials and software supply chain intelligence technologies. It helps organizations in managing risk, meeting compliance, and securing software from procurement, development through operation. The company's platform provides customers with deep visibility and universal transparency into their software supply chain. Cybeats Technologies Corp. was founded in 2016 and is based in Etobicoke, Canada.

How the Company Makes Money

Cybeats generates revenue primarily through the sale of its software solutions and services that enhance the security of connected devices. The company's revenue model includes subscription fees for its software platforms, licensing agreements with manufacturers and developers, and consulting services for implementing cybersecurity measures. Key revenue streams also come from partnerships with industry leaders and technology providers, which allow Cybeats to expand its market reach and integrate its solutions into existing products. Additionally, the company may benefit from government contracts or grants aimed at improving cybersecurity infrastructure in critical sectors.

Cybeats Technologies Corp. Financial Statement Overview

Summary

Cybeats Technologies Corp. is experiencing revenue growth but faces significant profitability and cash flow challenges. The balance sheet reflects financial instability with significant liabilities and negative equity. Improving operational efficiency and achieving profitability are critical for enhancing financial health.

Income Statement

The company shows moderate revenue growth, increasing from CAD 1.17 million in 2023 to CAD 1.94 million in 2024, a growth rate of 65.63%. However, it is still struggling with profitability, as indicated by a negative net profit margin of -492.20% in 2024. The EBIT and EBITDA margins are also deeply negative, reflecting operational challenges.

Balance Sheet

The balance sheet shows significant financial instability with a negative equity of CAD -6.18 million in 2024, leading to a negative equity ratio. The debt-to-equity ratio is not applicable due to negative equity, highlighting a precarious financial position. The company has high liabilities relative to its assets.

Cash Flow

The cash flow analysis reveals negative operating cash flow and free cash flow, indicating cash burn challenges. The free cash flow in 2024 was CAD -4.63 million, showing a slight improvement from 2023. However, the company remains dependent on financing activities to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.69M	1.94M	1.17M	114.52K	0.00	371.08K
Gross Profit	2.69M	1.94M	1.12M	-107.70K	0.00	86.76K
EBITDA	-5.13M	-8.84M	-10.09M	-19.97M	-146.31K	―
Net Income	-5.54M	-9.56M	-10.34M	-6.77M	-146.31K	―
Balance Sheet
Total Assets	3.27M	2.03M	1.86M	1.38M	13.44K	14.26K
Cash, Cash Equivalents and Short-Term Investments	1.56M	35.10K	35.70K	379.35K	13.44K	14.26K
Total Debt	455.42K	2.62M	1.46M	750.63K	0.00	40.00K
Total Liabilities	5.92M	8.20M	4.77M	2.55M	403.46K	252.24K
Stockholders Equity	-2.65M	-6.18M	-2.90M	-1.17M	-390.03K	―
Cash Flow
Free Cash Flow	-2.81M	-4.63M	-9.24M	-15.65M	5.31K	―
Operating Cash Flow	-2.79M	-4.62M	-9.24M	-15.43M	5.31K	―
Investing Cash Flow	497.29K	144.68K	-145.29K	-229.52K	0.00	-15.65K
Financing Cash Flow	3.82M	4.48M	9.23M	16.02M	-6.11K	699.36K

Cybeats Technologies Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CYBT, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.14, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.49 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CYBT.

Cybeats Technologies Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MOGO	55 Neutral	C$36.19M	4.87	10.47%	―	-0.91%	―
BB	54 Neutral	C$3.22B	221.95	2.88%	―	-9.05%	―
PLUR	50 Neutral	C$16.53M	-1.67	―	―	17.18%	79.56%
CYBT	47 Neutral	―	-3.18	162.73%	―	41.89%	55.59%
NBVA	46 Neutral	C$11.58M	-10.06	-24.65%	―	-69.94%	-281.40%

Cybeats Technologies Corp. Corporate Events

Cybeats Technologies Appoints Cassie Crossley as Advisory Board Chair

Cybeats Technologies Corp. has appointed Cassie Crossley as Chair of its Advisory Board, a move that underscores the company’s commitment to expanding its influence in the software supply chain security sector. Crossley’s extensive experience in cybersecurity and her leadership in SBOM adoption are expected to bolster Cybeats’ market position, particularly as demand grows across sectors like energy, healthcare, and defense. Her appointment is seen as a strategic step to enhance Cybeats’ technical and strategic leadership, supporting customer adoption and industry engagement as the SBOM market scales globally.

Cybeats Technologies Secures C$1.4 Million in Private Placement

Cybeats Technologies Corp. has successfully closed a C$1.4 million non-brokered private placement with IFCM MicroCap Fund LP, issuing 12 million common shares at C$0.12 each. The proceeds will be used for sales, marketing, and general corporate purposes, potentially strengthening the company’s market position and operational capabilities in the cybersecurity industry.

Cybeats Technologies Secures C$1.4 Million in Private Placement

Cybeats Technologies Corp. announced a C$1.4 million non-brokered private placement with IFCM MicroCap Fund LP, aiming to issue 12,000,000 common shares at C$0.12 each. The proceeds will be used for sales, marketing, and general corporate purposes, potentially strengthening Cybeats’ market position in software supply-chain security.

Cybeats Extends Contract with Schneider Electric, Boosting Software Supply Chain Security

Cybeats Technologies Corp. has announced a multi-year contract extension with Schneider Electric, a global leader in energy management and automation. This renewal, which extends the licensing of Cybeats’ SBOM Studio and SBOM Consumer solutions, underscores the growing demand for software supply chain security solutions, particularly in the industrial control systems sector. The collaboration has significantly reduced developer effort in vulnerability tracking for Schneider Electric, highlighting the effectiveness of Cybeats’ solutions in improving operational reliability and compliance. This partnership not only strengthens Cybeats’ market position but also aligns with the increasing regulatory focus on software supply chain security.