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The latest update is out from Sekur Private Data ( (TSE:SKUR) ).
Sekur Private Data Ltd. has announced progress in its efforts to expand corporate and government sales in Angola and the Democratic Republic of Congo. The company aims to sell a minimum of 2,000 licenses in 2026, generating a projected retail value of US$2,100,000 in recurring yearly income. With the rise of cyberattacks in Africa, Sekur’s Swiss-hosted platform offers enhanced privacy and security features, making it an attractive solution for high-value clients. The company plans to further expand into other African countries over the next 24 months, positioning itself as a key player in the region’s cybersecurity market.
Spark’s Take on TSE:SKUR Stock
According to Spark, TipRanks’ AI Analyst, TSE:SKUR is a Neutral.
Sekur Private Data’s stock score is driven by its revenue growth and debt-free status, though it is tempered by profitability and cash flow challenges. The technical analysis shows positive momentum, but the negative valuation metrics pose a risk. Recent corporate events like the private placement are positive but are already accounted for in financial performance.
To see Spark’s full report on TSE:SKUR stock, click here.
More about Sekur Private Data
Sekur Private Data Ltd. is a Swiss-hosted cybersecurity and privacy communications provider offering a secure suite of tools such as SekurMail, SekurMessenger, and SekurVPN. The company focuses on protecting governments, businesses, and individuals from unauthorized access and cyber threats, leveraging Swiss privacy standards. Sekur operates globally through its website, approved distributors, and telecommunications companies.
Average Trading Volume: 119,844
Technical Sentiment Signal: Sell
Current Market Cap: C$6.92M
For detailed information about SKUR stock, go to TipRanks’ Stock Analysis page.