Sekur Private Data (SKUR) AI Stock Analysis

• Market Cap: C$15.20M
• Dividend Yield: N/A
• Average Volume (3M): 187.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.55
• Revenue Growth: -27.58%
• EPS Growth: -3.47%
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 217,151,950
• 10 Day Avg. Volume: 238,171
• 30 Day Avg. Volume: 187,954
• PEG Ratio: 0.03
• Price to Book (P/B): 4.99
• Price to Sales (P/S): 6.78
• P/FCF Ratio: -1.93
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: C$0.08 ▲(38.33% Upside)

The score is held down primarily by weak financial performance (declining revenue, extremely large losses, and persistent negative free cash flow), partially offset by constructive technical momentum with price above major moving averages. Valuation is constrained by a negative P/E due to ongoing losses and no stated dividend support.

Positive Factors

Recurring subscription revenue model

A subscription/license business creates recurring, predictable revenue and higher customer lifetime value versus one-time sales. Over months this supports steady cash inflows, enables investment in product improvements and customer success, and facilitates scalable unit economics if retention improves.

Modest financial leverage

Very low debt-to-equity reduces solvency and refinancing risk, giving management flexibility to fund operations or pursue strategic initiatives without heavy interest burdens. This structural balance-sheet strength is valuable while the company addresses cash burn and seeks sustainable growth.

Privacy and cybersecurity market focus

Long-term regulatory and enterprise demand for privacy and secure communications creates structural tailwinds. A focused product set targeting secure email/messaging positions Sekur to capture niche, security-conscious customers and enterprise resellers if execution and product-market fit scale.

Negative Factors

Declining revenue trend

A shrinking top line erodes scale advantages and makes it harder to cover fixed costs or invest in growth. Continued revenue decline over multiple periods signals sales or product adoption issues, weakening the company’s ability to build durable margins and finance expansion internally.

Persistent negative cash flow

Sustained negative operating and free cash flow implies ongoing cash burn and limited self-funding capacity. Over months this raises the likelihood of external financing, potential dilution or constrained investment in R&D and sales, which can impair the path to sustainable growth.

Deep unprofitability and deteriorating unit economics

Extremely negative net margins and worsening gross margin point to weak unit economics and poor pricing/mix. Without material improvements in revenue scale or margin recovery, losses will continue to erode equity, limit reinvestment capacity, and threaten long-term viability.

Sekur Private Data Business Overview & Revenue Model

Company Description

Sekur Private Data Ltd. operates as a cybersecurity and internet privacy provider of Swiss hosted solutions for secure communications and data management. The company distributes a suite of encrypted e-mails, secure messaging, and secure communications; and cloud-based storage, disaster recovery, and document management tools. It offers SekurSuite, a cloud-based product suite of data backup, file sharing, password management, and communication tool for individual and business needs; SekurMail, a Swiss hosted secure email platform for enterprises; and SekurMessenger, a Swiss secure communications application. The company sells its products through websites, distributors, and telecommunications companies. It serves consumers, businesses, and governments worldwide. The company was formerly known as GlobeX Data Ltd. and changed its name to Sekur Private Data Ltd. in April 2022. Sekur Private Data Ltd. was incorporated in 2017 and is headquartered in Toronto, Canada.

How the Company Makes Money

Sekur Private Data makes money primarily through subscription-based revenue models for its secure communication services. Customers pay recurring fees to access Sekur's suite of encrypted messaging, email, and cloud storage products. These subscription plans may vary in pricing based on the level of service, features, and the number of users covered. The company also explores strategic partnerships with other organizations to integrate its security solutions, expanding its market reach and enhancing its service offerings. Additionally, Sekur may generate revenue from enterprise licensing agreements, where businesses pay for customized solutions tailored to their specific data security needs.

Sekur Private Data Financial Statement Overview

Summary

Sekur Private Data shows revenue growth but faces challenges with profitability and cash flow. The company's debt-free status is positive, yet negative margins and cash flow indicate operational inefficiencies and financial instability.

Income Statement

Sekur Private Data shows a consistent revenue growth over the years, with a TTM revenue increase to 550,860 from 543,182 in 2023. However, the net profit margin remains negative due to substantial net losses, impacting overall profitability. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The company maintains a debt-free balance sheet, which is a strength, with stockholders' equity at 1,327,398. However, a low equity ratio and declining total assets from previous periods suggest potential financial instability. The return on equity remains negative due to persistent losses.

Cash Flow

Free cash flow remains negative, though there is an improvement in operating cash flow from previous periods. The operating cash flow to net income ratio indicates operational challenges. Despite these issues, the company has managed to secure financing to support its operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	398.93K	477.70K	543.18K	426.78K	144.88K	26.76K
Gross Profit	213.90K	431.67K	491.29K	263.53K	-215.00K	-383.00K
EBITDA	-3.00M	-1.78M	-4.40M	-8.95M	-9.37M	-1.32M
Net Income	-3.26M	-1.97M	-4.75M	-9.08M	-9.41M	-1.32M
Balance Sheet
Total Assets	1.43M	1.15M	1.55M	7.56M	12.86M	3.19M
Cash, Cash Equivalents and Short-Term Investments	1.11M	716.75K	924.74K	4.04M	8.81M	494.93K
Total Debt	109.36K	0.00	0.00	0.00	0.00	0.00
Total Liabilities	231.57K	503.67K	402.97K	210.03K	130.46K	86.79K
Stockholders Equity	1.20M	649.26K	1.15M	7.35M	12.73M	3.11M
Cash Flow
Free Cash Flow	-2.00M	-1.67M	-3.16M	-5.73M	-5.58M	-888.09K
Operating Cash Flow	-2.00M	-1.67M	-3.14M	-5.51M	-4.91M	-888.09K
Investing Cash Flow	0.00	0.00	-22.00K	-222.54K	-673.10K	0.00
Financing Cash Flow	2.06M	1.48M	50.00K	956.40K	13.88M	417.66K

Sekur Private Data Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SKUR, the sentiment is Positive. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 56.37 is Neutral, neither overbought nor oversold. The STOCH value of 57.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SKUR.

Sekur Private Data Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OTEX	72 Outperform	C$10.83B	16.11	12.32%	3.27%	-5.01%	13.21%
ENGH	69 Neutral	C$1.07B	14.62	12.20%	5.69%	-0.72%	-9.27%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ROI	49 Neutral	C$3.19M	-9.87	―	―	-17.46%	69.11%
SKUR	45 Neutral	C$15.20M	-3.35	-254.18%	―	-27.58%	-3.47%
ONE	41 Neutral	C$67.12M	-73.56	-144.12%	―	-10.57%	-117.50%

Sekur Private Data Corporate Events

Sekur Private Data Launches CA$1.5 Million Non-Brokered Private Placement

Sekur Private Data Ltd. has launched a non-brokered private placement to raise up to CA$1.5 million through the issuance of up to 30 million units priced at CA$0.05, each consisting of one common share and one full warrant exercisable at CA$0.10 for 48 months. The company plans to use the proceeds to support sales, business development and general working capital, a move that is expected to bolster its commercial expansion efforts and operational flexibility in the competitive cybersecurity and privacy communications market, with the new shares subject to a four-month Canadian statutory hold period and potential finders’ fees in line with exchange policies.

The most recent analyst rating on (TSE:SKUR) stock is a Hold with a C$0.06 price target. To see the full list of analyst forecasts on Sekur Private Data stock, see the TSE:SKUR Stock Forecast page.

Sekur Private Data Expands into Africa with Major License Proposal in DRC

Sekur Private Data has received a proposal for the first 1,200 SMB bundle licenses in the Democratic Republic of Congo, marking its initial entry into the African market. This development is expected to generate a minimum annual recurring revenue of $1.3 million and reflects the company’s strategic efforts to expand its presence in Africa, particularly in response to rising business email compromise attacks.

Sekur Private Data Clarifies Nature of Analyst Report

Sekur Private Data clarified that the Internet Stock Review Analyst Report, which was published as part of their corporate communications, is a paid independent research report. The company paid $2,500 for the report and has a six-month contract with Revelers.IO for ongoing coverage. This clarification aims to ensure transparency regarding the nature of the report, which is intended to provide analysis on Sekur’s activities. The report is available on various platforms, including Sekur’s website, and may be picked up by third-party media.

Sekur Private Data Expands into African Market at ADIS 2025

Sekur Private Data announced its participation in the Africa Digital Innovation Summit 2025 in Kinshasa, DRC, as part of its strategy to build relationships with corporate and government entities in Africa. The company aims to expand its market presence by introducing its secure communication solutions, including email, messenger, and VPN services, to the region. Sekur’s offerings are positioned as countermeasures to the increasing Business Email Compromise attacks, leveraging Swiss privacy laws to ensure data protection. The company plans to launch a new service in 2026, featuring encrypted voice and video conferencing, further enhancing its product suite.

Sekur Private Data Gains Visibility with Internet Stock Review Analysis

Sekur Private Data announced that the Internet Stock Review has published a comprehensive analysis report on the company, highlighting its direction and purpose. This report may positively impact Sekur’s market positioning by enhancing its visibility among current and potential shareholders, reinforcing its role as a leader in cybersecurity and private communications.

Sekur Private Data Partners with Quaestor for U.S. Government Expansion

Sekur Private Data has partnered with Quaestor Federal Consulting to form the Sekur National Security Team, aiming to enhance its presence in the U.S. government sector. This collaboration leverages Quaestor’s extensive experience in defense and intelligence to integrate Sekur’s secure communication solutions, potentially revolutionizing how government organizations handle unclassified communications.

Sekur Private Data Launches Secure Solutions Targeting High-Value Clients

Sekur Private Data has launched its Corporate and Premium secure communications solutions, targeting high-value clients such as government officials and executives. This move is in response to the rising threat of Business Email Compromise (BEC) attacks, especially those exacerbated by AI. Sekur’s offerings, including SekurMail, SekurMessenger, and SekurVPN, are designed to counter these threats by providing secure, private communication channels that do not rely on Big Tech infrastructure. The solutions are hosted in Switzerland, ensuring robust data privacy protection.