EQS-News: cyan AG today announced its preliminary 2023 figures and achieved 41% growth in recurring revenue in its core business Cybersecurity
Retrieved on:
Wednesday, April 10, 2024
Munich, April 02, 2024 – cyan AG, a provider of intelligent cybersecurity solutions, today announced its preliminary figures for the 2023 financial year.
Key Points:
- Munich, April 02, 2024 – cyan AG, a provider of intelligent cybersecurity solutions, today announced its preliminary figures for the 2023 financial year.
- Including the BSS/OSS segment, operating revenue of EUR 8.6 million was achieved, which is within the forecast range of EUR 8 to 9 million.
- Following the carve-out of the discontinued BSS/OSS segment, operating revenue in 2023 amounted to EUR 4.7 million, which is thus fully attributable to the Cybersecurity segment.
- Thomas Kicker, CEO of cyan AG: "The preliminary figures for the 2023 financial year confirm that the sale of the BSS/OSS segment was the right step.