CISO Global Reports 108% Gross Profit Growth and 56% Reduction in Net Loss from Operations.
PorAinvest
viernes, 15 de agosto de 2025, 8:31 am ET1 min de lectura
CISO--
The gross profit increase was primarily driven by a stronger mix of high-margin software revenue and operational efficiencies, while the gross margin expansion was fueled by the same factors. Additionally, the reduction in total current liabilities further strengthened the company's balance sheet, even before the recent $9M debt-for-preferred equity exchange [1].
CISO Global's CFO, Deb Smith, attributed the company's financial performance to the implementation of financial discipline, stating, "With margins rising, losses narrowing, and new revenue streams emerging from partnerships and warranty-backed software, CISO Global is well on its way to sustained profitability" [1].
The company reaffirmed its 2025 guidance, projecting at least $10 million in software bookings and $35 million in services revenue. These projections are driven by strategic partnerships with Cyber Assurance Group and Financial Independent Group, as well as the introduction of a $1.5 million cyber warranty [1].
David Jemmett, CEO of CISO Global, commented on the company's performance, "Our first-half performance shows our strategy is delivering. Combined with high-margin software, nationwide distribution through FIG and CAGI, and our groundbreaking $1.5 million cyber warranty, we are building a more profitable, resilient, and trusted enterprise" [1].
References:
[1] https://www.globenewswire.com/news-release/2025/08/15/3134220/0/en/CISO-Global-Achieves-108-Gross-Profit-Growth-56-Net-Loss-from-Operations-Reduction-and-Momentum-from-Strategic-Partnerships.html
CISO Global reported 108% gross profit growth, a 137% increase in gross margin, and a 30% reduction in total current liabilities for the first half of 2025. The company reaffirmed its outlook for at least $10 million in software bookings and $35 million in services revenue this year, driven by partnerships with Cyber Assurance Group and Financial Independent Group. CISO Global aims to achieve sustained profitability and build a more resilient enterprise.
Scottsdale, AZ, Aug. 15, 2025 — CISO Global (NASDAQ: CISO), a leading provider of AI-powered cybersecurity software and compliance services, has announced significant financial improvements for the first half of 2025. The company reported a 108% increase in gross profit, a 137% expansion in gross margins, and a 30% reduction in total current liabilities compared to the same period in 2024 [1].The gross profit increase was primarily driven by a stronger mix of high-margin software revenue and operational efficiencies, while the gross margin expansion was fueled by the same factors. Additionally, the reduction in total current liabilities further strengthened the company's balance sheet, even before the recent $9M debt-for-preferred equity exchange [1].
CISO Global's CFO, Deb Smith, attributed the company's financial performance to the implementation of financial discipline, stating, "With margins rising, losses narrowing, and new revenue streams emerging from partnerships and warranty-backed software, CISO Global is well on its way to sustained profitability" [1].
The company reaffirmed its 2025 guidance, projecting at least $10 million in software bookings and $35 million in services revenue. These projections are driven by strategic partnerships with Cyber Assurance Group and Financial Independent Group, as well as the introduction of a $1.5 million cyber warranty [1].
David Jemmett, CEO of CISO Global, commented on the company's performance, "Our first-half performance shows our strategy is delivering. Combined with high-margin software, nationwide distribution through FIG and CAGI, and our groundbreaking $1.5 million cyber warranty, we are building a more profitable, resilient, and trusted enterprise" [1].
References:
[1] https://www.globenewswire.com/news-release/2025/08/15/3134220/0/en/CISO-Global-Achieves-108-Gross-Profit-Growth-56-Net-Loss-from-Operations-Reduction-and-Momentum-from-Strategic-Partnerships.html
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