Cyber Security 1 AB (publ) (CYBNY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Cyber Security 1 AB (publ) (CYBNY) trades at $0.07 with AI Score 47/100 (Grade C). Cyber Security 1 AB (publ) is a cybersecurity company based in Stockholm, Sweden, providing cyber services and software solutions across Africa, the Middle East, Europe, and the United Arab Emirates. Market cap: $11.60M, Sector: Technology.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for CYBNY: CYBNY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CYBNY against Technology peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CYBNY: the 1 perspectives are evenly split.
How is this calculated? →Cyber Security 1 AB (publ) (CYBNY) Technology Profile & Competitive Position
Cyber Security 1 AB (publ) offers cybersecurity solutions and services, including distribution, advisory, and managed security services, across diverse sectors and geographies. With a focus on payment, communication, and network security, the company caters to public and private organizations in Africa, the Middle East, Europe, and the UAE, operating with a negative profit margin of -12.1%.
What Is the Investment Thesis for CYBNY?
Cyber Security 1 AB (publ) presents a speculative investment opportunity within the growing cybersecurity market. The company's diverse service offerings, spanning distribution, advisory, and managed services, position it to capitalize on increasing demand for comprehensive cybersecurity solutions. However, the company's negative P/E ratio of -0.11 and a negative profit margin of -12.1% indicate financial challenges. Growth catalysts include expanding its MSSP/Managed Services segment and penetrating new geographic markets. The company's small market capitalization of $11.60M makes it a higher-risk investment, and its ability to achieve profitability and sustain growth will be critical to its long-term success. Investors should carefully consider the financial risks and competitive landscape before investing.
Based on FMP financials and quantitative analysis
CYBNY Key Highlights
- Cyber Security 1 AB (publ) operates in three segments: Distribution, Advisory Services, and MSSP/ Managed Services.
- The company serves public and private sector organizations, including financial, government, healthcare, retail, insurance, manufacturing, and hospitality.
- Cyber Security 1 AB (publ) has a market capitalization of $11.60M.
- The company's profit margin is -12.1%.
- Cyber Security 1 AB (publ) offers security, risk, and compliance solutions for payment, communication, network, and e-commerce security.
Who Are CYBNY's Competitors?
CYBNY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AKRFF Ackroo Inc. | $0.10 | -4.25% | $11.67M | 51 |
| EPXGF EP&T Global Limited | $0.01 | +0.00% | $9.41M | 44 |
| FBSE Fastbase, Inc. | $1.40 | +0.00% | $10.12M | 44 |
| CFLT Confluent, Inc. | $30.99 | +0.00% | $11.08B | 71 |
| NET Cloudflare, Inc. | $242.14 | -1.69% | $85.95B | 67 |
| XNDU Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares | $11.62 | -1.94% | $263.08M | 67 |
| CINT CI&T Inc. | $3.51 | -10.00% | 452M | 66 |
| RELY Remitly Global, Inc. | $23.75 | +3.49% | $5.00B | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CYBNY's Key Strengths?
- Comprehensive suite of cybersecurity services.
- Presence in multiple geographic regions.
- Diverse client base across public and private sectors.
- Expertise in compliance and risk management.
What Are CYBNY's Weaknesses?
- Negative profit margin.
- Small market capitalization.
- Limited brand recognition compared to larger competitors.
- Dependence on specific geographic markets.
What Could Drive CYBNY Stock Higher?
- Increasing demand for cybersecurity solutions due to rising cyber threats.
- Expansion of the MSSP/Managed Services segment to drive recurring revenue.
- Potential strategic partnerships or acquisitions to expand capabilities.
- Geographic expansion into new markets in Asia and Latin America.
What Are the Key Risks for CYBNY?
- Negative profit margin and financial challenges.
- Intense competition from larger cybersecurity firms.
- Rapidly evolving cyber threat landscape requiring continuous innovation.
- Economic downturns affecting client spending on cybersecurity.
- Limited liquidity due to OTC market trading.
What Are the Growth Opportunities for CYBNY?
- Expansion of MSSP/Managed Services: Cyber Security 1 AB can capitalize on the growing demand for managed security services by expanding its MSSP/Managed Services segment. The managed security services market is projected to reach $50 billion by 2028. By offering comprehensive security monitoring, incident response, and threat management services, the company can attract clients seeking outsourced cybersecurity solutions. This expansion requires investments in technology, personnel, and infrastructure, but it offers a significant opportunity for recurring revenue and long-term growth.
- Geographic Expansion: Cyber Security 1 AB has the opportunity to expand its geographic presence beyond its current markets in Africa, the Middle East, Europe, and the UAE. Emerging markets in Asia and Latin America present significant growth potential as these regions increasingly adopt digital technologies and face growing cyber threats. Entering new markets requires adapting its solutions to local regulations and cultural nuances, but it can significantly increase its customer base and revenue streams. This expansion could begin within the next 2-3 years.
- Strategic Partnerships and Acquisitions: Cyber Security 1 AB can pursue strategic partnerships and acquisitions to expand its capabilities and market reach. Partnering with complementary technology providers or acquiring smaller cybersecurity firms can enhance its service offerings and attract new clients. For example, acquiring a company specializing in cloud security could strengthen its position in the rapidly growing cloud security market. These partnerships and acquisitions can provide access to new technologies, talent, and customer relationships, accelerating its growth trajectory. These activities could materialize within the next 1-2 years.
- Focus on Specific Verticals: Cyber Security 1 AB can focus on specific industry verticals, such as healthcare or finance, to develop specialized cybersecurity solutions tailored to their unique needs. These verticals face specific regulatory requirements and cyber threats, creating opportunities for customized solutions. By developing expertise in these verticals, the company can differentiate itself from competitors and attract clients seeking specialized cybersecurity services. This targeted approach can lead to higher customer retention rates and increased revenue per customer. This specialization could begin within the next year.
- Enhancement of Advisory Services: Cyber Security 1 AB can enhance its advisory services to provide more comprehensive risk assessments, compliance consulting, and security strategy development. As organizations face increasingly complex regulatory requirements and cyber threats, they need expert guidance to develop effective cybersecurity strategies. By expanding its advisory services, the company can become a trusted advisor to its clients, helping them navigate the complex cybersecurity landscape and implement best practices. This enhancement requires investing in training and expertise, but it can lead to long-term client relationships and increased revenue from consulting services.
What Opportunities Does CYBNY Have?
- Expansion of MSSP/Managed Services.
- Geographic expansion into emerging markets.
- Strategic partnerships and acquisitions.
- Focus on specific industry verticals.
What Threats Does CYBNY Face?
- Intense competition from larger cybersecurity firms.
- Rapidly evolving cyber threat landscape.
- Economic downturns affecting client spending on cybersecurity.
- Regulatory changes impacting compliance requirements.
What Are CYBNY's Competitive Advantages?
- Established presence in Africa, the Middle East, Europe, and the UAE.
- Diverse service offerings spanning distribution, advisory, and managed services.
- Long-standing relationships with key clients in various industries.
- Expertise in security, risk, and compliance solutions.
What Does CYBNY Do?
Cyber Security 1 AB (publ), formerly known as Cognosec AB (publ), was founded in 1970 and rebranded in July 2018 to reflect its core focus on cybersecurity. Headquartered in Stockholm, Sweden, the company provides a comprehensive suite of cyber services and software solutions across Africa, the Middle East, Europe, and the United Arab Emirates. Its operations are structured into three key segments: Distribution, which involves the resale and implementation of cybersecurity software and hardware; Advisory Services, which offers expert consulting on security, risk, and compliance; and MSSP/Managed Services, providing ongoing security monitoring, incident response, and threat management. The company's offerings include security solutions for payment systems, communication networks, and e-commerce platforms, as well as system security, GRC (Governance, Risk, and Compliance) solutions, incident response, and forensics services. Cyber Security 1 AB serves a diverse clientele spanning public and private sector organizations, including those in finance, government, healthcare, retail, insurance, manufacturing, and hospitality. The company's solutions are designed to protect against a wide range of cyber threats and ensure regulatory compliance. Its services include initial license and periodic maintenance agreements covering product updates and customer support, ensuring clients have continuous access to the latest security enhancements and expert assistance.
What Products and Services Does CYBNY Offer?
- Provides cyber security services and software solutions.
- Operates through three segments: Distribution, Advisory Services, and MSSP/Managed Services.
- Offers security, risk, and compliance solutions for payment, communication, network, and e-commerce security.
- Provides system security and GRC solutions.
- Offers incident response and forensics services.
- Serves public and private sector organizations.
- Provides managed compliance and SIEM services.
- Offers business continuity and cyber forensics.
How Does CYBNY Make Money?
- Distribution of cybersecurity software and hardware.
- Advisory services providing expert consulting on security, risk, and compliance.
- MSSP/Managed Services offering ongoing security monitoring and incident response.
What Industry Does CYBNY Operate In?
Cyber Security 1 AB (publ) operates in the cybersecurity industry, which is experiencing rapid growth due to increasing cyber threats and stringent regulatory requirements. The global cybersecurity market is projected to reach hundreds of billions of dollars in the coming years. The competitive landscape includes large multinational corporations and smaller specialized firms. Cyber Security 1 AB competes with companies like AKRFF (Akron, Inc.), CONMF (Constellation Software Inc.), DLTXF (Deltax AB), EPXGF (Expro Group), and FBSE, each offering various cybersecurity solutions. The company's success depends on its ability to differentiate its services and effectively target specific market segments.
Who Are CYBNY's Key Customers?
- Public sector organizations.
- Private sector organizations.
- Financial institutions.
- Government agencies.
- Healthcare providers.
ROE 138%Key Financial Metrics
Return on equity for Cyber Security 1 AB (publ) stands at 137.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -24.7%, showing how much profit it generates from its asset base. Its free cash flow yield is -17.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.69 means current liabilities exceed short-term assets, a liquidity point worth watching.
CYBNY Valuation & Market Position
With a $11.60M market cap, Cyber Security 1 AB (publ) sits in the micro-cap segment of the market. Relative to its peer group, CYBNY's quantitative score of 47/100 is roughly in line with the peer average of 55/100.
Company Profile
Cyber Security 1 AB (publ) operates in the Software - Infrastructure industry within the Technology sector. It is headquartered in Stockholm, SE. The company is led by CEO Robert Brown. CYBNY has traded publicly since 2018.
CYBNY Financials
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that key stakeholders believe in its growth potential.
- Community sentiment has shifted positively, with discussions highlighting the increasing importance of cybersecurity in today's digital landscape.
- Recent partnerships with tech firms have enhanced the company's market position, showcasing its relevance in the cybersecurity space.
- Increased media coverage has raised awareness about Cyber Security 1 AB, attracting interest from retail investors.
Bear Case
- Concerns regarding the company's ability to scale operations effectively have been voiced within the trading community, leading to skepticism about growth.
- Recent earnings reports have shown mixed results, causing some investors to question the company's financial health and long-term viability.
- Negative sentiment has emerged around broader market conditions affecting tech stocks, which could spill over into Cyber Security 1 AB's performance.
- Some analysts highlight potential competition in the cybersecurity sector, potentially limiting the company's market share and growth opportunities.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
CYBNY Latest News
No recent news available for CYBNY.
CYBNY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CYBNY.
Price Targets
Wall Street price target analysis for CYBNY.
CYBNY MoonshotScore
What does this score mean?
The MoonshotScore rates CYBNY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Robert Brown
CEO
Robert Brown is the CEO of Cyber Security 1 AB (publ). Information regarding his detailed career history, education, and previous roles is not available in the provided data. As the CEO, he is responsible for the overall strategic direction and operational management of the company, overseeing its cybersecurity services and software solutions across various regions and sectors. He manages a team of approximately 190 employees.
Track Record: Due to the limited information available, Robert Brown's specific achievements and strategic decisions as CEO of Cyber Security 1 AB (publ) cannot be detailed. His leadership is focused on navigating the competitive cybersecurity landscape and driving growth through strategic initiatives and service enhancements. The company's performance under his leadership will be critical in determining its long-term success.
Cyber Security 1 AB (publ) ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. CYBNY is an ADR, meaning it allows U.S. investors to invest in Cyber Security 1 AB (publ) without directly dealing with the Stockholm Stock Exchange. The ADR price reflects the underlying CYBN stock price in Stockholm, adjusted for the USD/SEK exchange rate and ADR ratio.
- Home Market Ticker: Nasdaq First North Growth Market, Stockholm, Sweden
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: CYBN
CYBNY OTC Market Information
CYBNY trades on the OTC Other tier of the OTC market. This tier represents securities that are not listed on a national exchange like the NYSE or NASDAQ and may not meet the minimum financial standards required for listing on those exchanges. Companies on the OTC Other tier often have limited operating history, lower trading volume, and less stringent reporting requirements. Investing in companies on this tier carries higher risks compared to those listed on major exchanges due to the potential for less liquidity and transparency.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited liquidity due to low trading volume.
- Less stringent reporting requirements, leading to potential information asymmetry.
- Higher price volatility compared to stocks listed on major exchanges.
- Potential for limited regulatory oversight.
- Risk of delisting or suspension of trading.
- Verify the company's registration and legal status.
- Review available financial statements and assess the company's financial health.
- Research the company's management team and their experience.
- Understand the company's business model and competitive landscape.
- Assess the potential risks and challenges facing the company.
- Monitor news and developments related to the company and its industry.
- Consult with a financial advisor before investing.
- Company has been in operation since 1970.
- Provides services to both public and private sector organizations.
- Operates in a growing cybersecurity market.
- Has a diverse service offering across distribution, advisory, and managed services.
Cyber Security 1 AB (publ) Technology Stock: Key Questions Answered
What does Cyber Security 1 AB (publ) do?
Cyber Security 1 AB (publ) is a cybersecurity company that provides a range of services and software solutions designed to protect organizations from cyber threats. The company operates through three segments: Distribution, where it resells and implements cybersecurity software; Advisory Services, offering consulting on security, risk, and compliance; and MSSP/Managed Services, providing ongoing security monitoring and incident response. Its services cater to both public and private sector clients across various industries, including finance, government, healthcare, and retail, in regions like Africa, the Middle East, Europe, and the UAE. The company focuses on providing comprehensive cybersecurity solutions to address evolving threats and regulatory requirements.
What are the main risks for CYBNY?
Cyber Security 1 AB (publ) faces several risks, including its negative profit margin, which indicates financial instability. The company operates in a highly competitive cybersecurity market, facing competition from larger, more established firms. The rapidly evolving cyber threat landscape requires continuous investment in research and development to stay ahead of emerging threats. Economic downturns could affect client spending on cybersecurity, impacting the company's revenue. As an OTC-listed stock, CYBNY also faces liquidity risks and less stringent regulatory oversight compared to stocks listed on major exchanges. Investors should carefully consider these risks before investing.
What are the key factors to evaluate for CYBNY?
Cyber Security 1 AB (publ) (CYBNY) holds an AI score of 47/100 (low). Not financial advice.
How frequently does CYBNY data refresh on this page?
CYBNY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CYBNY's recent stock price performance?
Cyber Security 1 AB (publ) (CYBNY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Comprehensive suite of cybersecurity services. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CYBNY overvalued or undervalued right now?
Valuing Cyber Security 1 AB (publ) (CYBNY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying CYBNY?
Before investing in Cyber Security 1 AB (publ) (CYBNY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding CYBNY to a portfolio?
Key strength of Cyber Security 1 AB (publ) (CYBNY): Comprehensive suite of cybersecurity services. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of March 16, 2026.
- OTC market data may have limited availability and reliability.
- Analyst consensus may not be widely available for OTC stocks.