CYBER1 - Cyber security at a discount - Mangold Insight Analysis
Mangold is updating the cyber security company Cyber Security 1 "CYBER1" after the quarterly report. CYBER1's income increased by 21.5 percent during the first quarter of 2022 compared to the same period last year, and as such is well on its way to achieving the sales estimate for 2022. The EBIT margin was -6.6 percent for the quarter, which can be attributed to the set up of the Special Operations Centre (SOC) in the new Managed Services business area. CYBER1 has been profitable during the previous four quarters, and Mangold estimates that they will return to profitability on a full-year