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Cybeats Technologies Corp.

Company price
0.185 CAD 0.01 ( 2.78%)
Last update at 2026-11-06T20:27:00Z
VOLUME
394438
Market Cap
40.98M

Momentum Score

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Cybeats Technologies Corp. develops and sells cybersecurity software in Canada. It offers Software Bill of Material (SBOM) Studio that is designed to support software creators with end-to-end SBOM management, vulnerability monitoring, regulatory compliance, and secure SBOM sharing; SBOM Consumer, which allows companies to monitor software risks across third-party applications, connected devices, and embedded components; and Cybeats Marketplace for SBOM generation and management. The company was founded in 2016 and is based in Etobicoke, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.17
Low
0.20
High
52 Week Price Range
0.09
Low
0.23
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Cybeats Technologies Corp. is a Canadian cybersecurity company that develops software to protect connected and embedded devices for manufacturers and service providers. Long-term growth may be supported by rising IoT adoption and stricter regulatory requirements, which could make the company's platform appealing to investors seeking niche exposure to device-level cybersecurity and recurring-service opportunities.
Material risks include limited scale and revenue visibility, strong competition from established cybersecurity firms, execution and customer-adoption risk, and potential need for additional capital.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.18
Dividend Yield
-
Revenue TTM
2.69M
Revenue Per Share
0.02
Gross Profit TTM
2.69M
Debt / Equity
-
ROE
-
Net Debt
2.59M
ROCE
232.24%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -9.56M -10.34M -20.18M -0.15M
Net income -9.56M -10.34M -20.18M -0.15M
Selling general administrative 9.48M 9.58M 10.90M 0.10M
Gross profit 1.94M - - -
Reconciled depreciation 0.09M 0.11M 0.11M 0.00M
Operating income -9.18M -10.17M -12.53M -0.15M
Interest expense 0.64M 0.14M 0.10M 0.00M
Net interest income -0.64M -0.14M -0.10M 0.00M
Total revenue 1.94M 1.17M 0.15M 0.00M
Total operating expenses 11.12M 11.34M 12.68M 0.15M
Cost of revenue 0.00M - - -
Total other income expense net 0.26M -0.03M -7.55M -
Net income from continuing ops -9.56M -10.34M -20.18M -0.15M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 2.03M 1.86M 1.12M 0.01M
Other current assets -0.00M - -0.00M -
Total liab 8.20M 4.77M 3.18M 0.40M
Total stockholder equity -6.18M -2.90M -2.05M -0.39M
Other current liab -0.00M - 0.00M -
Capital stock 24.14M 21.94M 15.87M 4.90M
Retained earnings -44.07M -34.51M -24.17M -7.28M
Cash 0.04M 0.04M 0.19M 0.01M
Total current liabilities 5.98M 4.77M 3.09M 0.40M
Net debt 2.59M 1.33M 0.18M -
Short long term debt 0.78M 1.37M - -
Total current assets 2.01M 1.77M 0.92M 0.01M
Net receivables 1.47M 0.20M 0.40M 0.00M
Long term debt 1.84M - 0.56M -
Accounts payable 2.11M 1.68M 0.82M 0.26M
Non current assets total 0.01M 0.10M 0.20M 0.00M
Capital lease obligations 0.00M 0.09M 0.19M 0.00M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Net borrowings 1.00M 1.27M -0.09M -
Total cash from financing activities 4.48M 9.23M 7.79M -0.01M
Net income -9.56M -10.34M -20.18M -0.15M
Change in cash -0.00M -0.16M 0.18M -0.00M
Begin period cash flow 0.04M 0.19M 0.01M 0.01M
End period cash flow 0.04M 0.04M 0.19M 0.01M
Total cash from operating activities -4.62M -9.24M -7.29M 0.01M
Issuance of capital stock 4.01M 6.10M 8.22M 0.00M
Depreciation 0.09M 0.11M 0.11M 0.00M
Change to account receivables -1.26M 0.19M -0.40M 0.00M
Capital expenditures 0.01M 0.00M 0.02M 0.00M
Change in working capital 2.21M -1.01M 1.72M 0.15M
Stock based compensation 2.09M 2.00M 3.54M -
Other non cash items 0.35M 0.00M 7.52M -
Free cash flow -4.63M -9.24M -7.31M 0.01M

Peer Comparison*

Sector: Technology Industry: Software - Infrastructure

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
CYBT
Cybeats Technologies Corp.
0.01
2.78%
0.18 - - 15.24 - 14.83 -1.37
RAIL
Railtown AI Technologies Inc
0.01
3.85%
0.27 - - - 3.92 - -6.62
EONX
EonX Technologies Inc.
-0.01
1.82%
0.54 32.50 - 0.95 - 0.29 3.56
URAI
Inturai Ventures Corp.
0.01
8.33%
0.07 - - 78.72 20.45 469.67 -6.05
ENCR
Encore Technologies Corp
-
-%
0.36 - - - 84.53 - -

Profile*

Cybeats Technologies Corp.

Cybeats Technologies Corp. develops and sells cybersecurity software in Canada. It offers Software Bill of Material (SBOM) Studio that is designed to support software creators with end-to-end SBOM management, vulnerability monitoring, regulatory compliance, and secure SBOM sharing; SBOM Consumer, which allows companies to monitor software risks across third-party applications, connected devices, and embedded components; and Cybeats Marketplace for SBOM generation and management. The company was founded in 2016 and is based in Etobicoke, Canada.

65 International Boulevard, Etobicoke, ON, Canada, M9W 6L9

888-832-9232

Name Title Year Born
Mr. Justin Leger M.B.A. CEO & Director NA
Mr. Dmitry Raidman Co-Founder & CTO 1980
Mr. Vlad Kharbash VP of R&D and Co-Founder NA
Mr. Joshua Bald CPA Chief Financial Officer NA
Mr. Andy Ducharme Head of Sales NA
Ms. Julia Cherry Chief Customer Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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