Sekur Private Data (SKUR) AI Stock Analysis

• Market Cap: C$11.94M
• Dividend Yield: N/A
• Average Volume (3M): 187.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.34
• 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$0.05 ▼(-10.00% Downside)

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 Revenue Model

A subscription/license-based model provides recurring, predictable revenue and higher customer lifetime value. For Sekur, recurring receipts support retention, allow clearer revenue visibility and scaling of SaaS economics, which helps fund product development and sales over multiple quarters.

Low Financial Leverage

Modest debt levels reduce refinancing and solvency risk, preserving financial flexibility. With debt-to-equity around 0.09, Sekur has room to raise capital or borrow against assets to support strategic investments or bridge cash burn while it works to stabilize revenue and margins.

Positive Gross Margin

A positive gross margin indicates the core product covers direct costs, implying viable unit economics. This foundation means that, if Sekur can stabilize or grow revenue and control operating expenses, the business has a realistic path to operating leverage and eventual profitability.

Negative Factors

Declining Revenue

Sustained revenue decline undermines the subscription model's scalability and reduces potential for operating leverage. Continued top-line contraction limits the firm's ability to spread fixed costs, slows customer acquisition ROI, and prolongs the time required to reach breakeven.

Deep Unprofitability

Extremely negative net margins reflect heavy operating losses that erode equity and prevent internal reinvestment. Such deep unprofitability is structurally damaging: it requires sustained margin recovery or material revenue growth and likely external capital to sustain operations over the medium term.

Negative Cash Flow / Cash Burn

Persistent negative operating and free cash flow indicate ongoing cash burn and limited self-funding capacity. Over several months this constrains R&D, sales investment and working capital, increases dependency on external financing and raises dilution or refinancing risk for shareholders.

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

Income statement and cash flow are very weak: revenue declined ~9% and profitability remains deeply negative (net margin ~-816%), while TTM operating cash flow and free cash flow are meaningfully negative (~-$2.0M). Balance sheet leverage is modest (debt-to-equity ~0.09), but equity has fallen materially and returns remain strongly negative.

Income Statement

TTM (Trailing-Twelve-Months) revenue is small and declined ~9% versus the prior period, and the business remains deeply unprofitable (net margin roughly -816%). While gross margin is positive in TTM, it fell sharply versus 2024, pointing to weaker unit economics or pricing/mix. Losses improved versus 2022–2023 levels, but the company still has not demonstrated a path to sustainable profitability.

Balance Sheet

Leverage is modest (debt-to-equity ~0.09 in TTM), which reduces balance-sheet risk, but equity has fallen materially from prior years and returns on equity remain strongly negative due to ongoing losses. Asset base is relatively stable, yet the shrinking equity cushion highlights continued dilution/accumulated deficits as a key weakness.

Cash Flow

Cash generation remains the primary concern: TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both meaningfully negative (about -$2.0M), indicating continued cash burn to support operations. Cash burn improved versus 2022–2023, but deterioration versus 2024 suggests volatility and limited near-term self-funding capacity.

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SKUR, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.83 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	70 Outperform	$8.09B	12.04	12.32%	3.27%	-5.01%	13.21%
ENGH	69 Neutral	C$973.54M	13.31	12.20%	5.69%	-0.72%	-9.27%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ONE	53 Neutral	C$60.66M	-45.95	-144.12%	―	-10.57%	-117.50%
ROI	49 Neutral	C$2.97M	-8.55	―	―	-17.46%	69.11%
SKUR	45 Neutral	C$11.94M	-3.07	-254.18%	―	-27.58%	-3.47%

Sekur Private Data Corporate Events

Sekur Private Data Raises CA$1.69 Million in Non-Brokered Private Placement

Sekur Private Data Ltd. has closed a non-brokered private placement, raising gross proceeds of CA$1.69 million through the issuance of 33.76 million units priced at CA$0.05, each comprising one common share and one warrant exercisable at CA$0.10 over 48 months. A small portion of the financing was subscribed by directors and officers, and part of the proceeds will be directed toward sales, business development and working capital, providing additional funding to support the company’s growth initiatives in the competitive cybersecurity and private communications market, while new shares will be subject to a four-month hold period under Canadian securities laws.

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 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.