CYAN AG

Latest Results (19.09.2025):

In the first quarter of 2022, CYAN AG reported a slight increase in revenues to EUR 1.8 million compared to EUR 1.7 million in the same period last year. The company made significant strides in its Performance Improvement Program, leading to an improved EBITDA of EUR -1.9 million and a positive net income of EUR 0.6 million. Strategic reorganizations and the expansion of key partnerships in both the BSS/OSS and Cybersecurity segments have positioned CYAN AG for continued growth and financial stability.

Revenue and Financial Performance

CYAN AG's total revenues for Q1 2022 reached EUR 1.8 million, marking a slight increase from EUR 1.7 million in Q1 2021. The EBITDA improved significantly to EUR -1.9 million from EUR -2.7 million, while the net income turned positive at EUR 0.6 million, up from a loss of EUR -2.3 million in the previous year. The equity ratio strengthened from 76% to 81%, and net debt decreased to EUR 2.5 million.

Performance Improvement Program

The company continued advancing its Performance Improvement Program, which included strategic reorganizations and resource reallocations. Measures such as the standardization of processes and solutions have led to reduced costs from EUR 5.7 million to EUR 4.9 million and contributed to faster revenue generation. Personnel expenses also decreased, enhancing overall operational efficiency.

Cybersecurity Segment Growth

CYAN AG expanded its Cybersecurity segment through key partnerships, including an extended collaboration with the Orange Group in Slovakia and the successful implementation of the "dtac Safe" solution in Thailand's dtac. These initiatives have led to high adoption rates and set the stage for future feature enhancements, bolstering the company's presence in the cybersecurity market.

BSS/OSS Segment Developments

The BSS/OSS segment saw the successful launch of several Mobile Virtual Network Operators (MVNOs) on CYAN AG's platforms, including educom in Austria and Lov and Liwa in Colombia. These launches enhance CYAN AG's footprint in the telecommunications sector and demonstrate the scalability and reliability of its Seamless BSS/OSS & MVNE platform.

Financial Position Strengthening

As of March 31, 2022, CYAN AG's total assets stood at EUR 93.7 million with an equity ratio of 81%. The company's net debt improved to EUR 2.5 million from EUR 4.2 million at the end of the previous year. Cash flow from operating activities also showed improvement, highlighting the company's strengthened financial position and its ability to support ongoing and future initiatives.