The Board of Directors of CY4GATE approved consolidated figures as at march 31, 2024
Recurring revenues growing and in line with expectations
The business development activity continues, which will enrich the group's pipeline, confirming the soundness of the business model
Increased order intake, up +111% compared to Q1 2023
2024 guidance confirmed with revenues expected in the range of €84 to 90 million
− Value of Production: € 14.7 million (€ 14.3 million) +2.4%;
− Revenues: € 14.4 million (€ 14.1 million) +2.2%;
− EBITDA: positive for € 0.04 million (negative for € 0.3 million);
− NFP: negative cash of € 17.3 million (negative of € 7.9 million)
Cy4gate has been awarded a two-year contract with a total value of about € 1 million for cyber security solutions for a primary italian high-tech company operating on the domestic and foreign markets
Publication of the minutes of the shareholders' meeting in ordinary session of 22 april 2024
Summary report of votes of the shareholders’ meeting of 22 april 2024
CY4GATE Group: contracts signed with prestigious national banking companies for the acquisition and extension of the anti-fraud platform “XTN Cognitive Security Platform®”. The contracts have a total value of more than €1 million, for a duration of twelve months.
Ordinary Shareholders Meeting Of Cy4gate
• Approved the Company’s financial statements and examined the Group consolidated financial statements and the sustainability report as at 31 December 2023
• Approved the destination of the result for the period
• Approved the remuneration policy for the financial year 2024 contained in the first section of the Report on the policy regarding remuneration and fees paid and voted in favour of the second section of the Report
• Dr. Alessandro Chimenton appointed as new director
• Dr. Alberto Trabucchi appointed as new alternate auditor
• Approved the integration of the overall annual compensation of the Board of Statutory Auditors
Presentation of the candidature of Alberto Trabucchi for the position of alternate auditor
Cy4gate Group: a contract worth over €6.5 million signed with Elt Group for advanced research and development activities in the field of decision intelligence and cyber security for the defense sector to be carried out within the year
Publication of shareholders' meeting documentation
Publication of the documentation pertaining to the ordinary shareholders meeting
FY 2023 Financial Results
CY4GATE Group awards a contract on decision intelligence with a foreign institutional customer for a total value of approximately €850,000 over 12 months
Cy4gate group: contracts signed for advanced research and development activities in the field of cyber security with a total value of over €600,000 and for a duration of 12 months, in partnership with a primary italian high-tech company operating on the domestic and foreign markets
Conclusion of the share buyback programme
The Board of Directors of CY4GATE has examined some preliminary consolidated data as of 31 december 2023
Communication of purchase treasury shares
CY4GATE, following the fulfillment of the suspensive conditions set out in the preliminary agreement of last November, signed, in partnership with Alfa Group, the closing for the acquisition of IKS TN, an Italian company active in cyber security
2024 corporate events calendar
Communication of purchase treasury shares