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Cybeats Technologies Corp.
(CYBT)
Cybeats Technologies Corp. (CYBT) vs. iShares MSCI Canada ETF (EWC)
Cybeats Technologies Corp. Business Overview & Revenue Model
Cybeats Technologies Corp. Financial Statement Overview
| 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 | -237.98K |
Cash Flow | ||||||
| Free Cash Flow | -2.81M | -4.63M | -9.24M | -15.65M | 5.31K | -35.64K |
| Operating Cash Flow | -2.79M | -4.62M | -9.24M | -15.43M | 5.31K | -19.99K |
| 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
Cybeats Technologies Corp. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.86B | 197.15 | 2.88% | ― | -9.05% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
47 Neutral | C$10.53M | -11.19 | -24.65% | ― | -69.94% | -281.40% | |
46 Neutral | C$104.71M | ― | ― | ― | ― | ― | |
45 Neutral | C$14.17M | -1.43 | ― | ― | 17.18% | 79.56% | |
43 Neutral | ― | -3.67 | 162.73% | ― | 41.89% | 55.59% | |
41 Neutral | C$5.84M | -0.44 | ― | ― | -13.42% | -126.00% |
Cybeats Technologies Corp. Corporate Events
Cybeats Technologies Corp. has granted 12,950,000 stock options to employees, directors, officers and consultants under its Omnibus Long-Term Incentive Plan, with each option exercisable at $0.16 for five years and subject to standard resale restrictions, as part of its ongoing equity-based compensation strategy. The company has also renewed its investor relations engagement with Sophic Capital Inc. for a 12‑month term, including a monthly retainer and additional stock options, and announced the resignation of director Medhanie Tekeste, moves that collectively underscore its focus on strengthening capital markets visibility and aligning key stakeholders through equity incentives during a period of continued growth in its software supply-chain security business.
The most recent analyst rating on (TSE:CYBT) stock is a Sell with a C$0.15 price target. To see the full list of analyst forecasts on Cybeats Technologies Corp. stock, see the TSE:CYBT Stock Forecast page.
Cybeats Technologies Corp. and its major shareholder Scryb Inc. have closed a previously announced shares-for-debt transaction, converting a $1.2 million secured debenture owed by Cybeats to Scryb into 10 million Cybeats common shares at a deemed price of $0.12 per share. The deal, structured as a related-party transaction under Canadian securities rules but exempt from formal valuation and minority approval requirements because it represents less than 25% of each company’s market capitalization, is intended to strengthen Cybeats’ balance sheet and support its operational and growth initiatives without creating a new control person, signaling a move to improve financial flexibility while maintaining existing ownership dynamics.
The most recent analyst rating on (TSE:CYBT) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on Cybeats Technologies Corp. stock, see the TSE:CYBT Stock Forecast page.
Cybeats Technologies Corp. and major shareholder Scryb Inc. have agreed to settle a $1.2 million secured debenture through the issuance of 10 million Cybeats common shares at a deemed price of $0.12 per share, a move aimed at strengthening Cybeats’ balance sheet to support its planned growth. The share-for-debt transaction, which does not create a new control person and remains subject to Canadian Securities Exchange approval, is structured as a related-party deal under MI 61-101 but qualifies for exemptions from formal valuation and minority shareholder approval requirements because it represents less than 25% of each company’s market capitalization, limiting governance friction while addressing Cybeats’ leverage and capital structure.
The most recent analyst rating on (TSE:CYBT) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Cybeats Technologies Corp. stock, see the TSE:CYBT Stock Forecast page.
Cybeats Technologies Corp. has secured a three-year contract expansion with industrial automation giant Emerson, which will scale deployment of Cybeats’ SBOM Studio platform across additional Emerson business units. The renewal, building on a relationship established in 2022, is positioned as one of Cybeats’ most significant enterprise commitments to date and signals growing traction among Fortune 500 and critical-infrastructure clients as regulatory pressure around software supply-chain security intensifies. Citing independent market research that forecasts rapid growth in the global SBOM market, Cybeats says the deal supports its strategy of targeting large enterprises in North America and Western Europe and underscores the recurring revenue potential of its platform as companies prepare for stricter cybersecurity frameworks such as the EU Cyber Resilience Act.
The most recent analyst rating on (TSE:CYBT) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Cybeats Technologies Corp. stock, see the TSE:CYBT Stock Forecast page.
Cybeats Technologies Corp. has appointed software supply chain security expert Cassie Crossley to its board of directors, strengthening the company’s governance and strategic capabilities as global SBOM and software transparency requirements intensify. Crossley, a former vice president of supply chain security at Schneider Electric and a recognized pioneer in SBOM adoption and standards development, brings deep experience in managing software risk and regulatory compliance for large, regulated enterprises; her addition is positioned as a strong validation of Cybeats’ technology leadership and is expected to support the company’s efforts to scale its SBOM Studio platform and cement its role as a key provider of software supply chain security solutions worldwide.
The most recent analyst rating on (TSE:CYBT) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Cybeats Technologies Corp. stock, see the TSE:CYBT Stock Forecast page.
Cybeats Technologies Corp. has appointed Tejinder Kaushik, Senior Vice President and Head of Information Technology at Chemtrade Logistics, to its board of directors, adding deep expertise in cybersecurity governance, digital transformation, and large-scale IT operations from global manufacturing and technology environments. The move comes as regulatory pressure intensifies worldwide for mandatory SBOM implementation, and Cybeats positions itself to capture rising enterprise demand for software supply-chain security solutions, with management emphasizing that Kaushik’s board-level risk and compliance perspective will help sharpen the company’s strategy and messaging to better serve large enterprise clients and strengthen its role in securing increasingly complex software ecosystems.
The most recent analyst rating on (TSE:CYBT) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Cybeats Technologies Corp. stock, see the TSE:CYBT Stock Forecast page.
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 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 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.