CISO Global Reports 108% Increase in 1H Gross Profit, Reduces Total Current Liabilities by 30%
PorAinvest
sábado, 16 de agosto de 2025, 4:16 am ET1 min de lectura
CISO--
CISO Global's gross margin expanded by more than 137%, further bolstering its financial health. Additionally, the company reduced total current liabilities by approximately 30% before a recent $9M debt-for-preferred equity exchange, which further strengthened its balance sheet [1, 2, 3].
Deb Smith, CFO, commented on the company's 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." CEO David Jemmett echoed this sentiment, noting that the company's strategy is delivering, combining high-margin software, nationwide distribution, and a groundbreaking $1.5 million cyber warranty to build a more profitable and resilient enterprise [1, 2, 3].
Despite normal seasonal trends in first-half revenue, CISO Global reaffirmed its outlook for at least $10 million in software bookings this year, driven by partnerships with Cyber Assurance Group and Financial Independent Group, alongside $35 million in services revenue [1, 2, 3].
References:
[1] https://finance.yahoo.com/news/ciso-global-achieves-108-gross-123000664.html
[2] https://www.marketscreener.com/news/ciso-global-achieves-108-gross-profit-growth-56-net-loss-from-operations-reduction-and-momentum-ce7c51dedc80fe2d
[3] https://www.stocktitan.net/news/CISO/ciso-global-achieves-108-gross-profit-growth-56-net-loss-from-yx9af2gytvh0.html
CISO Global reported a 108% increase in gross profit for the first half of 2025 compared to the same period in 2024, driven by a stronger mix of high-margin software revenue and operational efficiencies. The company also reduced total current liabilities by 30% and strengthened its balance sheet. CEO David Jemmett stated that the first-half performance shows the company's strategy is delivering, combining high-margin software, nationwide distribution, and a $1.5 million cyber warranty to create a more profitable and resilient enterprise.
Scottsdale, AZ, Aug. 15, 2025 — CISO Global (NASDAQ: CISO), a leading provider of AI-powered cybersecurity software and compliance services, has announced robust financial results for the first half of 2025. The company reported a significant 108% increase in gross profit compared to the same period in 2024. This growth was driven by a stronger mix of high-margin software revenue and operational efficiencies [1, 2, 3].CISO Global's gross margin expanded by more than 137%, further bolstering its financial health. Additionally, the company reduced total current liabilities by approximately 30% before a recent $9M debt-for-preferred equity exchange, which further strengthened its balance sheet [1, 2, 3].
Deb Smith, CFO, commented on the company's 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." CEO David Jemmett echoed this sentiment, noting that the company's strategy is delivering, combining high-margin software, nationwide distribution, and a groundbreaking $1.5 million cyber warranty to build a more profitable and resilient enterprise [1, 2, 3].
Despite normal seasonal trends in first-half revenue, CISO Global reaffirmed its outlook for at least $10 million in software bookings this year, driven by partnerships with Cyber Assurance Group and Financial Independent Group, alongside $35 million in services revenue [1, 2, 3].
References:
[1] https://finance.yahoo.com/news/ciso-global-achieves-108-gross-123000664.html
[2] https://www.marketscreener.com/news/ciso-global-achieves-108-gross-profit-growth-56-net-loss-from-operations-reduction-and-momentum-ce7c51dedc80fe2d
[3] https://www.stocktitan.net/news/CISO/ciso-global-achieves-108-gross-profit-growth-56-net-loss-from-yx9af2gytvh0.html
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