Overview
SideChannel FY 2025 revenue fell slightly to $7.4 mln, down from FY 2024
Net loss for FY 2025 improved slightly to $892 thousand from $904 thousand in FY 2024
Company maintained gross margin at 47.7%, equal to FY 2024
Outlook
Company expects growth in services as economic uncertainty stabilizes
SideChannel sees opportunities with Enclave product and partner network
Company anticipates cybersecurity tailwinds from CMMC standards rollout
Result Drivers
ENCLAVE ADOPTION - Co focused on increasing Enclave adoption through awareness of its microsegmentation and network security benefits
PARTNER SALES - Partner-led sales motion advanced as more partners introduced Enclave to their clients
SERVICE PORTFOLIO EXPANSION - Co expanded service offerings beyond core vCISO to meet diverse client needs
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue | $7.35 mln | ||
FY Net Income | -$892,000 | ||
FY Gross Profit | $3.50 mln | ||
FY Operating Income | -$918,000 |
Press Release: ID:nACSJBjD7a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)