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cyan AG (CCYNF)

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15.630.00 (0.00%)
At close: 10:48AM EST
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Previous close15.63
Open15.63
BidN/A x N/A
AskN/A x N/A
Day's range15.63 - 15.63
52-week range15.63 - 22.58
Volume11,750
Avg. volume0
Market cap152.812M
Beta (5Y monthly)1.29
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • EQS Group

    cyan publishes quarterly statement for the first quarter of 2021

    DGAP-News: cyan AG / Key word(s): Quarter Results31.05.2021 / 08:30 The issuer is solely responsible for the content of this announcement.cyan publishes quarterly statement for the first quarter of 2021Munich, May 31, 2021 - cyan AG generated total earnings of EUR 3.0 million in the first quarter of 2021 with EBITDA of EUR -2.7 million. Overall, business developed very positively on the project side in the first three months, even if this was not yet reflected in revenues - this was, however, within the scope of expectations. In particular, the launch with MobiFone at the end of March and with Orange in France on April 8, but also other projects such as the expansion at Magenta in Austria were finalized and had their market launch after the reporting period. Moreover, the first quarter was marked by a strategic realignment of the company.Frank von Seth, CEO of cyan AG: "With the start of the new fiscal year, we have also embarked on a new strategic direction. In addition to the telecommunications sector, cyan will invest increasingly in the insurance market, with other sectors to follow. We will also no longer sell cyan's technology exclusively as a white label product in the future. cyan will build up its own product line. In addition, the topics of social responsibility and operational excellence are strategic focus points. From now on, the emphasis will be completely on the end-user, and revenue generation will be almost exclusively based on recurring revenues. The numerous new partnerships and the important project progress create a solid basis for this."After a successful test phase and adoption of 300.000 existing customers for Child Protection, cyan and Orange successfully launched the two cybersecurity solutions Cyberfiltre and Cyberfiltre Avancé in France at the beginning of April 2021. Orange has been selling cyan's products to business customers in France since then and average weekly growth rates of over 20% have already been reported in the first few weeks. This is a very positive result, given that only five regions have been initially offering the cyberfilter and stores were not yet open nationwide. Futhermore, cyan was also able to advance the introduction of the products in other national companies of the Orange Group. In Slovakia, the project has already started and the launch is planned for the end of 2021. cyan AG is also conducting detailed talks and negotiations with additional national Orange companies.At the beginning of fiscal year 2021, cyan was also able to announce the extension of its partnership with Grameenphone, the leading telecommunications service provider in Bangladesh, for at least another five years. Grameenphone plans to reach a customer base in the double-digit millions over the next few years with its dynamic product brand Skitto. In addition, cyan's collaboration with MobiFone, one of the largest MNOs in Vietnam, could move into the marketing phase in March 2021. cyan is now supporting this partner in the next step of further monetization and is in close exchange about the possible expansion of the partnership. In March, it was also announced that cyan will accompany MTEL in its expansion to Germany and Switzerland as a technological partner after years of successful cooperation in the Austrian market, which will lead to significant growth in the number of end customers.At the beginning of the second quarter, cyan AG also announced further important progress. Among others, the expansion of cyan technology for Magenta fixed network customers in Austria, the conclusion of a partnership with Seguros Equinoccial, the leading insurance company in Ecuador, and cyan was also able to win Claro Chile, a subsidiary of the América Móvil Group, as another international telecommunications group as a partner for cybersecurity solutions.Note: The quarterly statement is available for download at https://ir.cyansecurity.com/publications/.About cyancyan AG (XETR: CYR) is a leading, globally active provider of intelligent IT security solutions and telecom services with more than 15 years of experience in the IT industry. The main business areas of the company are cybersecurity solutions for end customers of mobile and fixed network internet service providers (MNO), virtual mobile network operators (MVNO) as well as financial service providers. cyan's solutions are integrated into the business partner's infrastructure and then offered to their end customers ("B2B2C") under their name ("white-labeled").Today, the group of companies has more than 50 international customers, through which cyan products are sold to approximately 50 million end customers. cyan can offer products along the entire value chain from platform, data optimization to cyber security. In addition, cyan operates its own Research & Development Centre with the aim of identifying trends in the industry at an early stage and developing optimal product solutions. In December 2018, cyan was able to win a global group contract with Orange in an international tendering process. cyan's cooperation partners include the world's leading insurance broker Aon or Magenta Telekom.Further information is available at www.cyansecurity.comcyan AG Investor Contact:cyan AGTel. +49 89 71042 2073E-mail: ir@cyansecurity.comcyan AG Press Contact:Better Orange IR & HV AGTel. +49 89 88 96 906 17E-mail: anita.schneider@better-orange.de31.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: cyan AG Theatinerstraße 11 80333 Munich Germany Internet: www.cyansecurity.com ISIN: DE000A2E4SV8 WKN: A2E4SV Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1202339 End of News DGAP News Service

  • EQS Group

    cyan presents the candidates for the Supervisory Board

    DGAP-News: cyan AG / Key word(s): Personnel20.05.2021 / 08:30 The issuer is solely responsible for the content of this announcement.cyan presents the candidates for the Supervisory BoardMunich, May 20, 2021 - This year's Annual General Meeting of cyan AG will be held virtually on Wednesday, June 23, 2021, at 10:00 (CEST). Under agenda item 10, an expansion of the Supervisory Board to five seats is proposed. Alexandra Reich and Trevor Traina will stand for election as new candidates at the Annual General Meeting. They are to add expertise and an international profile to the Supervisory Board.Alexander Schütz, Chairman of the Supervisory Board of cyan AG: "I am very pleased that with Alexandra Reich and Trevor Traina we can nominate highly qualified and experienced leaders to serve on the Supervisory Board. Both are a perfectly complementing the existing members on the Supervisory Board."Alexandra Reich has over 20 years of experience in the telecommunications industry, after starting her career in investment banking. She has been involved in the digital business since 1986, when she launched her first startup. She is currently member of the Board of Directors of the Dutch company Delta Fiber and Spanish Cellnex Telecom. She has held various senior management positions in the telecom industry in Europe and Asia successfully leading the digital transformation and driving many growth cases. Alexandra Reich holds a graduate degree in Business Administration from the Vienna University of Economics and Business Administration and has participated in leadership and executive programs at INSEAD, Harvard/Stanford, and IMD.Alexandra Reich: "Cybersecurity is on everyone's lips and telecom companies are on the forefront when it comes to protecting end customers, both consumers and businesses. I am very pleased to be nominated and will leverage my experience in the telecom industry to represent shareholders on the Supervisory Board."Trevor Traina was unanimously confirmed by the US Senate as Ambassador Extraordinary and Plenipotentiary to the Republic of Austria in 2018. He served in Vienna for three years. He is also an entrepreneur and private investor and founded or co-founded multiple successful technology companies. He serves or has served on the boards of several companies and non-profits. For more than a decade he was on the board of the Haas School of Business at the University of California Berkeley and has also served as a board member of non-profits, such as the Fine Arts Museums of San Francisco and the Gladstone Institutes. Trevor Traina holds a degree from Princeton University, a graduate degree from Oxford University and an MBA from Berkeley's Haas School of Business.Trevor Traina: "cyan is a technology company with huge potential. As an entrepreneur and investor, I have been involved with many companies, either building them myself or helping them grow, and I look forward to helping cyan do the same as a representative of the shareholders."More information on the candidates and the Annual General Meeting is available at https://ir.cyansecurity.com/hauptversammlung.About cyancyan AG (XETR: CYR) is a leading, globally active provider of intelligent IT security solutions and telecom services with more than 15 years of experience in the IT industry. The main business areas of the company are cybersecurity solutions for end customers of mobile and fixed network internet service providers (MNO), virtual mobile network operators (MVNO) as well as financial service providers. cyan's solutions are integrated into the business partner's infrastructure and then offered to their end customers ("B2B2C") under their name ("white-labeled").Today, the group of companies has more than 50 international customers, through which cyan products are sold to approximately 50 million end customers. cyan can offer products along the entire value chain from platform, data optimization to cyber security. In addition, cyan operates its own Research & Development Centre with the aim of identifying trends in the industry at an early stage and developing optimal product solutions. In December 2018, cyan was able to win a global group contract with Orange in an international tendering process. cyan's cooperation partners include the world's leading insurance broker Aon or Magenta Telekom.Further information is available at www.cyansecurity.comcyan AG Investor Contact:cyan AGTel. +49 89 71042 2073E-mail: ir@cyansecurity.comcyan AG Press Contact:Better Orange IR & HV AGTel. +49 89 88 96 906 17E-mail: anita.schneider@better-orange.de20.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: cyan AG Theatinerstraße 11 80333 Munich Germany Internet: www.cyansecurity.com ISIN: DE000A2E4SV8 WKN: A2E4SV Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1198560 End of News DGAP News Service

  • EQS Group

    Magenta and cyan expand their cooperation to include the fixed-line network sector

    DGAP-News: cyan AG / Key word(s): Expansion17.05.2021 / 08:30 The issuer is solely responsible for the content of this announcement.Magenta and cyan expand their cooperation to include the fixed-line network sectorMunich, May 17, 2021 - Almost 10 years after the announcement of the first contract for cooperation in the area of mobile end customers, Magenta Telekom (T-Mobile Austria GmbH) and cyan are taking the next step.Following the successful merger of T-Mobile Austria and UPC Austria, the newly created company Magenta Telekom acts as a convergent provider of telecommunications services, TV and entertainment in Austria. In this context, not only the number of Magenta's end customers is growing, but also the need to protect the new customer segment from online threats.In addition to the already successful product "Internet Protection" for mobile customers, Magenta Telekom will also make the product "Internet Protection Home" available to fixed network customers with immediate effect, all of which are based on cyan's network-integrated technology. Furthermore, the marketing of combined offers for the mobile and fixed network customer segments is planned as a next step, which further underlines Magenta Austria's strong market position as a provider of integrated telecommunications services.Bruno Duarte, CCO Consumer Magenta Telekom: "Cybersecurity has never been as important as it is today. Cybercrime in Austria has risen by 26 percent during the pandemic when most people were working from home. As a telecommunications provider we want our customers to be safe when using the internet. Therefore, I am very happy to announce a new cybersecurity solution for our fixed line customers, which provides a great deal of safety. Developed by our long-term partner cyan, this solution was built upon their outstanding knowledge and expertise in the cybersecurity area."cyan looks back on years of successful cooperation with Magenta Telekom and sees the expansion of the partnership as a mandate to continue to develop innovative product solutions, to cooperate intensively in marketing design, but also to jointly promote greater awareness among consumers of Internet protection products through targeted and comprehensible educational work.Frank von Seth, CEO cyan: "The expansion of the cybersecurity offer for fixed network customers documents the great trust of our long-standing partner Magenta in our cooperation. With this additional service we would like to welcome the new Magenta customers to enjoy the benefits of the internet in a secure environment in the future. This initiative - and the ones that follow - will provide significant growth for both partners and will also promote the relationship internationally. We are very proud of this loyal and successful cooperation."About cyancyan AG (XETR: CYR) is a leading, globally active provider of intelligent IT security solutions and telecom services with more than 15 years of experience in the IT industry. The main business areas of the company are cybersecurity solutions for end customers of mobile and fixed network internet service providers (MNO), virtual mobile network operators (MVNO) as well as financial service providers. cyan's solutions are integrated into the business partner's infrastructure and then offered to their end customers ("B2B2C") under their name ("white-labeled").Today, the group of companies has more than 50 international customers, through which cyan products are sold to approximately 50 million end customers. cyan can offer products along the entire value chain from platform, data optimization to cyber security. In addition, cyan operates its own Research & Development Centre with the aim of identifying trends in the industry at an early stage and developing optimal product solutions. In December 2018, cyan was able to win a global group contract with Orange in an international tendering process. cyan's cooperation partners include the world's leading insurance broker Aon or Magenta Telekom.Further information is available at www.cyansecurity.com Investor Contact:cyan AGTel. +49 89 71042 2073E-mail: ir@cyansecurity.comPress Contact:Better Orange IR & HV AGTel. +49 89 88 96 906 17E-mail: anita.schneider@better-orange.de17.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: cyan AG Theatinerstraße 11 80333 Munich Germany Internet: www.cyansecurity.com ISIN: DE000A2E4SV8 WKN: A2E4SV Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1196937 End of News DGAP News Service