Cybeats Technologies Corp. (CYBT) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 217.17K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.07
• Revenue Growth: 43.85%
• EPS Growth: 48.21%
• Country: CA
• Employees: 48
• Sector: Technology
• Sector Strength: 84
• Industry: Software - Infrastructure
• EPS (TTM): >-0.01
• Shares Outstanding: 131,079,700
• 10 Day Avg. Volume: 239,832
• 30 Day Avg. Volume: 217,173
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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

• Rating: 44 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

The overall stock score is primarily impacted by the company's financial instability and lack of profitability, as reflected in the financial performance score. Technical analysis provides a neutral outlook, while valuation metrics indicate unattractiveness due to negative earnings. The absence of earnings call data and corporate events limits additional insights.

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 Technologies Corp. generates revenue through a multi-faceted model that includes subscription-based services, licensing fees for its proprietary cybersecurity software, and professional services related to IoT security assessments and compliance. The company capitalizes on the growing demand for IoT security solutions by targeting various industries such as healthcare, manufacturing, and transportation. Key revenue streams include recurring subscription fees from clients using its security platform, one-time fees from initial software licenses, and ongoing consulting services. Additionally, strategic partnerships with other technology firms and integrators enhance Cybeats' market reach, enabling it to tap into new customer segments and expand its service offerings, further contributing to its earnings.

Cybeats Technologies Corp. Financial Statement Overview

Summary

Cybeats Technologies Corp. is experiencing growth in revenue but continues to face significant profitability and cash flow challenges. The company's 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	2.19M	1.94M	1.17M	114.52K	0.00	371.08K
Gross Profit	2.14M	1.94M	1.12M	-107.70K	0.00	86.76K
EBITDA	-7.35M	-8.84M	-10.09M	-19.97M	-146.31K	―
Net Income	-7.93M	-9.56M	-10.34M	-6.77M	-146.31K	―
Balance Sheet
Total Assets	554.64K	2.03M	1.86M	1.38M	13.44K	14.26K
Cash, Cash Equivalents and Short-Term Investments	35.09K	35.10K	35.70K	379.35K	13.44K	14.26K
Total Debt	1.92M	2.62M	1.46M	750.63K	0.00	40.00K
Total Liabilities	7.36M	8.20M	4.77M	2.55M	403.46K	252.24K
Stockholders Equity	-6.81M	-6.18M	-2.90M	-1.17M	-390.03K	―
Cash Flow
Free Cash Flow	-3.51M	-4.63M	-9.24M	-15.65M	5.31K	―
Operating Cash Flow	-3.50M	-4.62M	-9.24M	-15.43M	5.31K	―
Investing Cash Flow	67.15K	144.68K	-145.29K	-229.52K	0.00	-15.65K
Financing Cash Flow	3.06M	4.48M	9.23M	16.02M	-6.11K	699.36K

Cybeats Technologies Corp. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 0.11 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.11, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.09 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 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	$35.55B	8.88	-11.05%	1.87%	8.55%	-8.14%
NBVA	45 Neutral	C$5.96M	160.00	-18.37%	―	-69.52%	-4133.33%
CYBT	44 Neutral		―	162.73%	―	43.85%	48.21%
BB	―	$2.26B	―	-1.76%	―	―	―
MOGO	―	$42.06M	14.54	5.07%	―	―	―
FOBIF	―	$6.49M	―		―	―	―
PLUR	40 Neutral	C$14.92M	―	-1525.80%	―	5.61%	72.77%

Cybeats Technologies Corp. Corporate Events

Cybeats Technologies Secures $3.24M in Private Placement to Boost Growth

Cybeats Technologies Corp. has successfully closed its ‘best efforts’ private placement of units, raising $3,237,000. The funds will be used to scale up commercial activities, research and development, and for general corporate purposes, potentially enhancing the company’s operational efficiency and market positioning in the cybersecurity industry.

Cybeats Technologies Strengthens Financial Position with Debt Settlement and Debenture Conversion

Cybeats Technologies Corp. has announced the settlement of $1,500,000 in debt and the conversion of $1,405,000 in convertible debentures into common shares, as part of its strategy to strengthen its balance sheet and reduce debt. This financial restructuring aligns with the company’s plans for commercial growth and operational scale-up, potentially enhancing its market position and operational efficiency.

Cybeats Technologies Adjusts Convertible Debenture Terms Amid Expansion Plans

Cybeats Technologies Corp. has announced an amendment to the conversion price of its $1.825 million convertible debentures, reducing it from $0.30 to $0.10 per common share. This strategic move comes as the company prepares for commercial expansion and aims to decrease the principal amount owed on these debentures, which are due in January 2026. The amendment allows debenture holders a 30-day window to convert if the company’s shares trade above $0.125 for ten consecutive days, potentially impacting the company’s financial structure and market positioning.

Cybeats Technologies Announces $3 Million Private Placement and Debt Settlement

Cybeats Technologies Corp. has announced a private placement agreement with Beacon Securities Limited to raise a minimum of $3 million through the sale of 30 million units at $0.10 per unit. The proceeds will be used for scaling commercial activities, research and development, and general corporate purposes. Additionally, Cybeats plans to settle debts of up to $1.5 million by issuing 15 million common shares, aiming to improve its financial position to support future growth. Both transactions are subject to regulatory approvals and are expected to close by the end of July 2025.

Cybeats Sees EU Cybersecurity Blueprint as Key Market Opportunity

Cybeats Technologies Corp. acknowledges the European Union Agency for Cybersecurity’s adoption of the EU Cyber-Crisis Management Blueprint as a pivotal moment for the software supply chain security market. This Blueprint mandates the exchange of SBOM data across EU Member States, transforming SBOM from a best practice into a legal requirement and creating a significant opportunity for Cybeats’ platform across 27 countries. The Blueprint, along with regulations like CRA and NIS2, positions SBOMs as essential tools for real-time security response, boosting demand for platforms like Cybeats. This regulatory shift is expected to accelerate the adoption of SBOMs, particularly benefiting smaller suppliers, and enhancing coordinated responses to supply-chain attacks.

Cybeats Expands Contract with Fortune 500 Water Infrastructure Firm

Cybeats Technologies Corp. has expanded its contract by 34% with a Fortune 500 water infrastructure company to enhance security across global treatment plants. This expansion reflects the growing demand for Cybeats’ SBOM Studio, driven by regulatory pressures such as the EPA’s 2024 advisory and the EU Cyber-Resilience Act. The contract extension will help Cybeats strengthen its position in the market by providing enhanced monitoring capabilities for treatment-plant controllers and cloud analytics platforms, contributing to the company’s strategy of building recurring revenue and improving net revenue retention.