trending Market Intelligence /marketintelligence/en/news-insights/trending/ZP4tPju0JKk-X260redGwg2 content esgSubNav
In This List

Cognosec Q1 profit falls YOY

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Beyond ESG with Climate Stress Testing: Getting Practical at Banks & Insurers

Blog

Broadcast broker activities, H1'21

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


Cognosec Q1 profit falls YOY

Cyber Security 1 AB (publ) said its first-quarter normalized net income was €108,860, a decrease of 59.1% from €266,050 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 2.7% from 8.1% in the year-earlier period.

Total revenue climbed 21.4% year over year to €4.0 million from €3.3 million, and total operating expenses increased 41.7% year over year to €3.7 million from €2.6 million.

Reported net income fell 79.6% from the prior-year period to €106,600, or 0 cents per share, from €521,500, or 0 cents per share.