Cyren is a SaaS provider of integrated cloud-based security technology solutions that mitigate cyber threats, malware attacks, information leaks, legal liability and productivity loss through the application of cyber intelligence. The Company delivers security services to a range of customers and original equipment manufacturer, and service provider distribution partners, including network and security vendors offering content security gateways, unified threat management solutions and antivirus solutions, and to service providers, such as SaaSe vendors, Web hosting providers and Internet service providers.

Type
Public
HQ
Herzliya, IL
Founded
1991
Size (employees)
214 (est)
Website
cyren.com
Cyren was founded in 1991 and is headquartered in Herzliya, IL
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Cyren Office Locations

Cyren has offices in Herzliya, Tysons, Sunnyvale, Austin and in 3 other locations
Herzliya, IL (HQ)
1 Sapir St., 5th Floor, Beit Ampa P.O. Box 4014
Berlin, DE
2 Hardenbergplatz
Reykjavík, IS
Thverholti 18
Austin, US
130 10801 N Mopac Expy
Sunnyvale, US
110 1230 Midas Way
Tysons, US
5200 7925 Jones Branch Dr
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Cyren Financials and Metrics

Cyren Financials

Cyren's revenue was reported to be $30.98 m in FY, 2016 which is a 11.6% increase from the previous period.
USD

Revenue (FY, 2016)

31 m

Revenue growth (FY, 2015 - FY, 2016), %

11.6%

Gross profit (FY, 2016)

20.9 m

Gross profit margin (FY, 2016), %

67.6%

Net income (FY, 2016)

(6.2 m)

EBIT (FY, 2016)

(6.1 m)

Market capitalization (14-Jun-2018)

152.1 m

Closing share price (14-Jun-2018)

2.9

Cash (31-Dec-2016)

10.6 m

EV

141.5 m
Cyren's current market capitalization is $152.1 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

31.9 m27.8 m31 m

Revenue growth, %

(13%)12%

Cost of goods sold

8.6 m8.9 m10 m

Gross profit

23.3 m18.9 m20.9 m
USDFY, 2015FY, 2016

Cash

16.4 m10.6 m

Accounts Receivable

3.8 m3.1 m

Current Assets

21.1 m14.6 m

PP&E

2.3 m2.1 m
USDFY, 2014FY, 2015FY, 2016

Net Income

(7 m)(4.8 m)(6.2 m)

Depreciation and Amortization

3 m2.9 m4.1 m

Accounts Payable

(542 k)(110 k)124 k

Cash From Operating Activities

(3.7 m)(1.8 m)2.4 m
USDY, 2016

EV/EBIT

-23.3 x

EV/CFO

58.5 x

Financial Leverage

1.5 x

P/E Ratio

(17.8 )
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Cyren Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
eleven GmbH November 15, 2012
FRISK Software International October 01, 2012
Authentium July 26, 2010$8 m
Wingtra November 01, 2002

Cyren Revenue Breakdown

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Cyren revenue breakdown by geographic segment: 41.7% from United States, 8.7% from Asia, 23.2% from Germany, 9.1% from Israel, 16.9% from Europe (other than Germany) and 0.3% from Other

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Cyren Online and Social Media Presence

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Cyren News and Updates

Warburg Pincus buys stake in Cyren

Warburg Pincus has acquired a stake in Cyren for about $19.6 million. Based in McLean, Virginia, Cyren is an internet security-as-a-service provider.

Researchers see possible North Korea link to global cyber attack

WASHINGTON/TORONTO (Reuters) - Cyber security researchers have found technical evidence they said could link North Korea with the global WannaCry "ransomware" cyber attack that has infected more than 300,000 computers in 150 countries since Friday.

Researchers see possible North Korea link to global cyber attack

WASHINGTON/TORONTO (Reuters) - Cyber security researchers have found technical evidence they said could link North Korea with the global WannaCry "ransomware" cyber attack that has infected more than 300,000 computers in 150 countries since Friday.
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