企業概要
CISO Global Inc. is a technology enterprise headquartered in the United States with a primary focus on software infrastructure, specifically operating within the cybersecurity, compliance, and software sectors. The company provides a comprehensive suite of security managed services, which encompasses compliance management, secured managed services, cyber defense operations, culture education, and enablement tools to assist clients in maintaining robust digital security postures. In terms of scale, the company lists on the stock market with a market capitalization of $15.45M and employs approximately 125 staff members globally, including operations in Chile and international markets. Its trailing twelve-month revenue stands at $26.61M, a figure that, when viewed alongside the relatively small market cap, indicates the company operates with a significant discount to its sales volume, suggesting a valuation that does not fully reflect its annualized cash generation capabilities relative to typical industry peers.
財務健全性
The company reported a revenue of $26.61M over the trailing twelve months, yet it posted a net income of $-8,993,793 and an EBITDA of $-7,577,766, revealing a substantial gap between top-line sales and bottom-line profitability that points to a highly aggressive or inefficient cost structure where operating expenses significantly outpace earnings. This negative financial performance is further evidenced by a free cash flow of $-12,977,503, which indicates that the company is burning cash rather than generating liquidity, thereby limiting its financial flexibility for organic expansion or weathering economic downturns without external capital injections. The margin profile reflects this distress, with a gross margin of 25.6% that is relatively healthy for software but is eroded by an operating margin of -33.7% and a profit margin of -30.3%, signaling that overhead costs and operational inefficiencies are the primary drivers of the company's losses. On the balance sheet, the company holds $1.70M in cash against $2.70M in debt, resulting in a debt-to-equity ratio of 15.90, which characterizes the capital structure as highly leveraged and potentially vulnerable to interest rate hikes or liquidity constraints. Short-term liquidity appears constrained given a current ratio of 0.42, meaning the company possesses less than half the liquid assets necessary to cover its immediate current liabilities without raising new capital. Furthermore, the return on equity is -89.0% and the return on assets is -21.2%, metrics that reveal management has yet to generate positive returns on shareholder capital or the asset base, highlighting challenges in operational effectiveness and capital allocation.
バリュエーション評価
Valuation metrics for CISO Global Inc. present a complex picture, as the trailing P/E ratio is listed as N/A due to the absence of net income, while the forward P/E stands at -2.01, implying that the market is pricing in a recovery in earnings or is utilizing alternative assumptions to value the stock. The price-to-book ratio is 1.03, suggesting the stock trades slightly at a premium to its book value despite the company's significant losses, which can sometimes indicate market optimism regarding future turnaround potential or specific intangible asset valuations. Investors also look to the price-to-sales ratio of 0.58 and an EV/EBITDA of -2.46 as alternative valuation lenses, which indicate that the market values the company at roughly half of its annual sales, a common multiple for high-growth or distressed technology firms that have not yet achieved profitability. The stock's trading range over the past year has fluctuated between a 52-week high of $1.70 and a 52-week low of $0.30, illustrating significant price volatility typical of smaller-cap technology stocks with negative earnings. The beta of 2.20 further quantifies this sensitivity, indicating that the stock's price tends to move more than twice as much as the broader market index in either direction, exposing investors to amplified systemic risk during periods of market turbulence.
Growth & Income
The company's growth trajectory is currently negative, with revenue growth year-over-year declining by 15.4%, while earnings growth is listed as N/A due to the lack of profitable earnings to compound, a situation that implies the business is contracting or failing to expand its revenue base effectively. As a non-dividend payer, the company does not distribute cash to shareholders, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning that all available cash flow is theoretically retained within the business, although current cash flow is negative, effectively forcing the company to seek external financing rather than reinvesting internal earnings. Consequently, the overall growth and income profile is defined by a contraction in revenue, a complete absence of dividend income, and a reliance on external capital markets to fund operations and cover the substantial negative free cash flow, creating a challenging environment for income-focused investors or those seeking capital appreciation through organic growth.