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cyan AG
CYR.DE•XETRA
Technology
Software - Infrastructure
€2.38
€0.22(10.19%)

The company's financials show resilient growth, with revenue advancing from $4.44M in Q4 2022 to $3.21M in Q2 2024. Gross profit remained healthy with margins at 78% in Q2 2024 compared to -125% in Q4 2022. Operating income hit -$2.41M last quarter, sustaining a consistent -75% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$2.002M. Net income rose to -$2.13M, while earnings per share reached -$0.09. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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