FY 2018 Financial & Operational Milestones:

  • Record full-year 2018 Cybersecurity and IoT total group revenue of $53.7 million, an increase of 24.6%, from $43.1 million reported for FY 2017.
  • Reduced FY 2018 net losses by 35% to $16.3 million US GAAP as compared to losses of $24.8 million US GAAP in FY 2017.

$29.2M

Gross Profit

53.4%

Gross Margin

$6.2M

Adjusted EBITDA… excluding WISeCoin and non-cash and non-recurring expenses

$11.2M

Cash & restricted cash at 12/31/2018

$8.1M

Spent in R&D efforts