Crossword Cybersecurity today announced its audited results for the year ended 31 December 2023. Revenue increased by 15% to £4.2m, with annual recurring revenue (ARR) growing 6% to £2.5m at the end of 2023. The loss before taxation was £4.1m, whilst cash and cash equivalents totalled £0.7m at the year end.
Outlook: Crossword expects the revenue in 2024 to be within 10% of £7m, albeit at the lower end of the range. Crossword believes that it is on track to deliver EBITDA and cash breakeven on a ....
23 Apr 2024
Hybridan Research 23/04/2024 - Crossword Cybersecurity : 2024 revenue guidance approximately £7m
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Hybridan Research 23/04/2024 - Crossword Cybersecurity : 2024 revenue guidance approximately £7m
Crossword Cybersecurity Plc (CCS:LON) | 5.0 0 0.0% | Mkt Cap: 5.07m
- Published:
23 Apr 2024 -
Author:
Emily Liu -
Pages:
7
Crossword Cybersecurity today announced its audited results for the year ended 31 December 2023. Revenue increased by 15% to £4.2m, with annual recurring revenue (ARR) growing 6% to £2.5m at the end of 2023. The loss before taxation was £4.1m, whilst cash and cash equivalents totalled £0.7m at the year end.
Outlook: Crossword expects the revenue in 2024 to be within 10% of £7m, albeit at the lower end of the range. Crossword believes that it is on track to deliver EBITDA and cash breakeven on a ....