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Cyviz AS ( (DE:8P9) ) has provided an update.
Cyviz AS reported a strong first quarter of 2025 with a 27.4% increase in revenue to NOK 135.8 million and a 23% rise in order intake to NOK 112.4 million, despite market challenges such as falling oil prices and new US tariffs. The company achieved a significant milestone by securing its first customer agreement for a new software platform, aligning with its strategy to scale through partners and boost recurring revenue. Despite a decrease in EBITDA and negative cash flow, Cyviz remains optimistic about continued growth, particularly in Europe and NATO countries, and aims to achieve a 25% recurring revenue and EBITDA margin within five years.
More about Cyviz AS
Cyviz is a global technology provider specializing in comprehensive conference and control rooms, as well as command and experience centers. Established in 1998, the company serves global businesses and governments with high demands for user-friendliness, decision support, security, and quality. Cyviz is known for its platform that manages and controls systems and resources across enterprises, making it a preferred choice for customers with complex needs. The company is listed on Euronext Growth on the Oslo Stock Exchange.
Average Trading Volume: 8,532
Current Market Cap: NOK375.9M
For detailed information about 8P9 stock, go to TipRanks’ Stock Analysis page.