(Finance) – Cy4Gatea company listed on Euronext STAR Milan and active in the cyber intelligence and security market, closed on 2023 with total revenues related amounts to over 65 million euros, up 20% compared to the 2022 final balance and in line with the pro-forma full year 2022 result. orders collected during 2023 they amount to 73 million euros, showing an increase of 22% compared to 2022.
The company reports one postponement of an important foreign order in the field of Cyber intelligence with a total value of 13 million euros, awarded in mid-December but whose suspensive conditions were met in January, for which negotiations are still underway to finalize the definitive contract.
“2023 was characterized by high uncertaintyalso on the markets, due to complex geopolitical and strategic contexts to decipher due to the worsening of situations of instability and heated conflict in some geographical areas, which have slowed down foreign commercial activities, especially in the last period of the year – has commented onCEO Emanuele Galtieri – Preliminary 2023 data represents a confirmation of the validity of the strategy of resilient business even in situations of unpredictability of the scenarios and act as an incentive to proceed with renewed enthusiasm and determination towards even more far-sighted and robust goals”.
“2024 – he added – will see us committed to pursuing important growth objectives, particularly in the cyber security segment for the national corporate market and in increasing the export quotasknowing that we can count on a broader portfolio of companies and products resulting from positively concluded M&A operations, not least in order of importance the acquisition of XTN, last January, which will allow us to open new business frontiers in banking, gambling and automotive, completing the offering with state-of-the-art technologies and capable of addressing challenging broad-spectrum cyber security requirements”.
(Photo: © Veerasak Piyawatanakul)