Revenue: As of FY2023 Q3, the actual value is USD 1.708 M.

EPS: As of FY2023 Q3, the actual value is USD -1.65.

EBIT: As of FY2023 Q3, the actual value is USD -312.13 K.

Segment Revenue

• Managed Support Services: Revenue for the three months ended September 30, 2023, was $1,127,707, a slight decrease from $1,138,418 in the same period of 2022. For the nine months ended September 30, 2023, revenue was $3,376,589, up from $3,343,033 in the same period of 2022.
• Cybersecurity Projects: Revenue for the three months ended September 30, 2023, was $263,562, down from $283,066 in the same period of 2022. For the nine months ended September 30, 2023, revenue was $939,563, up from $909,982 in the same period of 2022.
• Software: Revenue for the three months ended September 30, 2023, was $316,442, up from $290,728 in the same period of 2022. For the nine months ended September 30, 2023, revenue was $939,028, up from $822,759 in the same period of 2022.

Operational Metrics

• Gross Profit: For the three months ended September 30, 2023, gross profit was $702,668, up from $651,340 in the same period of 2022. For the nine months ended September 30, 2023, gross profit was $2,285,716, up from $1,834,023 in the same period of 2022.
• Operating Loss: For the three months ended September 30, 2023, operating loss was -$583,083, slightly improved from -$591,528 in the same period of 2022. For the nine months ended September 30, 2023, operating loss was -$1,451,332, improved from -$1,886,727 in the same period of 2022.
• Net Loss: For the three months ended September 30, 2023, net loss was -$854,041, improved from -$1,087,292 in the same period of 2022. For the nine months ended September 30, 2023, net loss was -$1,139,028, significantly improved from -$2,788,725 in the same period of 2022.

Cash Flow

• Operating Cash Flow: For the nine months ended September 30, 2023, operating cash flow was $423,180, compared to -$699,104 in the same period of 2022.
• Investing Cash Flow: For the nine months ended September 30, 2023, investing cash flow was $1,241,308, compared to -$166,405 in the same period of 2022.
• Financing Cash Flow: For the nine months ended September 30, 2023, financing cash flow was -$1,678,538, compared to $772,661 in the same period of 2022.

Future Outlook and Strategy

• Core Business Focus: The company plans to increase sales and generate consistent cash flow from operations. It aims to improve operational results, renegotiate terms of certain obligations, and issue new loans. The company also plans to issue stock and restructure certain debt, anticipating significant business growth.
• Non-Core Business: The company is exploring strategic acquisitions of other cybersecurity technology and services companies as part of a roll-up strategy. It is also focusing on developing and marketing its proprietary software, Nodeware, to drive recurring revenue growth.

Priority

• The company emphasizes the growth of its Nodeware solution, which is expected to significantly contribute to revenue growth. Investments in sales and marketing for Nodeware are anticipated to convert to revenue growth in 2023.