--- title: "CYCURION INC C/WTS 13/02/2030 (TO PUR COM) | 10-K: FY2025 Revenue: USD 15.13 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/281245201.md" datetime: "2026-03-31T21:02:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281245201.md) - [en](https://longbridge.com/en/news/281245201.md) - [zh-HK](https://longbridge.com/zh-HK/news/281245201.md) generator: "portal-rs" --- # CYCURION INC C/WTS 13/02/2030 (TO PUR COM) | 10-K: FY2025 Revenue: USD 15.13 M Revenue: As of FY2025, the actual value is USD 15.13 M. EPS: As of FY2025, the actual value is USD -13.39. EBIT: As of FY2025, the actual value is USD -21.68 M. #### Segment Revenue - **Advisory Consulting Revenue:** - 2025: $15,007,827 - 2024: $17,441,216 - **Managed Security Service Practice (MSSP) Revenue:** - 2025: $112,725 - 2024: $318,079 - **Software as a Service (SaaS) Revenue:** - 2025: $13,095 - 2024: $12,190 #### Operational Metrics (Consolidated) - **Net Revenues:** - 2025: $15,133,647 - 2024: $17,771,485 - YoY Change: Decreased $2.6 million or 14.8% in 2025 compared to 2024 due to delayed start dates of new federal, state, and local contracts and a focus on more profitable business. - **Cost of Revenues:** - 2025: $13,521,329 - 2024: $14,136,742 - YoY Change: Decreased in line with the decrease in revenues. - **Gross Profit:** - 2025: $1,612,318 - 2024: $3,634,743 - **Gross Profit Percentage:** - 2025: 10.7% - 2024: 20.5% - **Selling, General and Administrative (SG&A) Expenses:** - 2025: $9,258,199 - 2024: $1,208,630 - YoY Change: Increased in 2025 due to increased costs associated with being a publicly traded company and the addition of key individuals for growth strategy. - **Stock Compensation Expenses:** - 2025: $3,898,867 - 2024: $10,000 - YoY Change: Increased in 2025 due to new compensation agreements with executives. - **Business Combination Expenses:** - 2025: $11,870,114 - 2024: - $0 - YoY Change: Expenses in 2025 were a result of the business combination with Western. - **Total Operating Expenses:** - 2025: $25,027,180 - 2024: $1,218,630 - **Operating (Loss)/Income:** - 2025: - $23,414,862 - 2024: $2,416,113 - **Interest Income:** - 2025: $27,538 - 2024: $20,211 - **Interest Expense:** - 2025: - $1,763,831 - 2024: - $1,209,502 - **Gain on Debt Settlement, Net:** - 2025: $1,221,635 - 2024: - $0 - YoY Change: The gain in 2025 resulted from the conversion of debt to equity instruments at a lower fair market value. - **Net (Loss)/Income Attributable to Cycurion:** - 2025: - $23,665,708 - 2024: $1,229,601 #### Cash Flow (Consolidated) - **Net Cash Used in Operating Activities:** - 2025: - $12,086,357 - 2024: - $1,371,281 - YoY Change: Increased in 2025 primarily due to additional merger expenses and corporate-level costs for management team and brand building. - **Net Cash Provided by/(Used in) Investing Activities:** - 2025: $1,414,523 (provided) - 2024: - $885,066 (used) - YoY Change: Cash inflow in 2025 was due to the Trust Account for redemption and cash released from the Trust Account to the Company. - **Net Cash Provided by Financing Activities:** - 2025: $15,886,279 - 2024: $1,689,268 - Notable inflows in 2025 included $7.0 million from equity line of credit, $4.8 million from private placement, $3.7 million from warrant exercises, $2.4 million from convertible notes payable, and $0.5 million from notes payable, partially offset by $1.0 million used in common stock redemption. #### Unique Metrics - **Committed Backlog:** - As of December 31, 2025: $80.0 million - As of December 31, 2024: $16.0 million #### Outlook / Guidance Cycurion, Inc. anticipates approximately $1.35 million in combined revenue for 2026 from two new contract awards. Of this, $1.165 million is expected to be new annual recurring revenue. These awards include a multi-year engagement with a large healthcare government agency and an expanded relationship with the National Association of County and City Health Officials. ### Related Stocks - [CYCUW.US](https://longbridge.com/en/quote/CYCUW.US.md) ## Related News & Research - [Does Instacart’s New Exclusivity And Category Expansions Reshape The Bull Case For Maplebear (CART)?](https://longbridge.com/en/news/298119807.md) - [Why CF Industries (CF) Is Up 6.0% After Blue Ammonia JV and Leadership Transition News](https://longbridge.com/en/news/298114954.md) - [Is Camtek (CAMT) Options Frenzy Quietly Reframing Its Near‑Term Earnings Story?](https://longbridge.com/en/news/298114664.md) - [Is Huntington Bancshares (HBAN) Undervalued As Its Growth Narrative Expands?](https://longbridge.com/en/news/298114667.md) - [Elon Can’t Build His Empire Alone](https://longbridge.com/en/news/298114289.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**