One of the negatives that has come out of the Covid and resulting restrictions and lockdowns is the increase in digital crime or cybersecurity threats...
Individuals, companies and even governments have been targeted. It's not just financial threats that are at play, there is also online scams, identity theft, fraud, access of sensitive information and stealing of Intellectual Property (IP).
So I've been deep diving through the asx labyrinth looking for companies that are combatting this threat, hopefully benefitting from the digital fight against the criminals. After all in this portfolio, we are looking for companies doing the freedom fight with the intention of making money not operating as a Not-For-Profit (NFP) firm. Came across a few but the one that is added to the portfolio is also the hardest to pronounce. I get my tongue twisted saying the name of the company, so you guys and girls can work out how to pronounce the latest addition to the spec portfolio: Archtis Ltd (AR9).
It was mainly in the business of cloud computing based secure storage but it's recent merger that just completed that got me interested in this stock. AR9 has merged with cybersecurity and sensitive information protection company "Neucleus Cyber" that will complement their product/service offering and add value to their customers.
Quarterly numbers are really good for the company:
Also being a small cap firm, it's producing quarter-on-quarter growth, which is nice to see:
Recurring revenue is from some of the long term customers like the Australian Defense:
Nucleus Cyber is contributing to the needs of companies to defend against the new cyber threats, below is an example of a biotech company that would do anything to protect their highly valuable IP and trade secrets:
Open Portfolio:
- Forums
- ASX - General
- Speculative Stock Portfolio
One of the negatives that has come out of the Covid and...
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
ATC
ALTECH BATTERIES LTD
Martin Stein, CFO
Martin Stein
CFO
Previous Video
Next Video
SPONSORED BY The Market Online