anticipates 2025 with at least$ 34 million in adjusted EBITDA rewarding income.
Scottsdale, Arizona, March 27, 2025 ( GLOBE NEWSWIRE )– CISO Global, Inc. ( NASDAQ: CISO ), an industry leader in managed cybersecurity, compliance, and AI-powered security software, announced today that the company has reached a significant profitability milestone in its transition from a pure cyber services business to a software-led, services-backed enterprise. The business improved to an unaudited Fixed EBITDA of 0 % in the final quarter of 2024 and is on its way to maintaining its level of profitability.
The financial success of CISO Global comes as a result of a proper alignment that included the full integration of 13 acquired services businesses, improved operational efficiency thanks to its custom AI-driven protection software, and a shift to higher-margin software revenue. CISO Global has increased services delivery efficiency, reduced costs, and increased profitability across its products by utilizing its AI-powered penetration screening and security technology solutions. Additionally, the Company recently announced the payment of its highest interest name loan obligations, which strengthens its operating placement and improves the state of its balance sheet.
According to CEO of CISO Global, David Jemmett,” this is a fundamental moment for CISO Global.” Our AI systems, which improves cybersecurity outcomes for our clients and increases overall economic efficiency, has now become a reality. We can sustainably grow if we reach success. We are appreciative of the ongoing support and the dedicated work colleagues, suppliers, and valued business partners for their assistance in achieving this significant milestone.
Looking back, CISO Global anticipates that its services business will create at least$ 34 million in adjusted EBITDA profitable income in 2025. Additionally, the company anticipates an additional$ 5 million in software-related bookings. The company’s long-term profitability outlook is expected to be strengthened by its software margins, which are expected to be around 75 %. Moreover, CISO Global’s application sales pipeline is strong because the business actively sells its amazing AI-driven protection solutions to its existing base of 500+ clients and through three reputable insurance partnerships.
According to Deb Smith, CFO of CISO Global,” Our fiscal discipline and proper execution have made CISO Global a more resilient and profitable organization.” We are confident in our ability to grow our high-margin program business while maintaining sustained success as our business gains speed in 2025. Our long-term development direction is further supported by the stronger-than-anticipated program pipeline, which makes use of both our existing customer relationships and comprehensive partnerships.
As CISO Global expands, it stays committed to technology, operational quality, and the delivery of world-class cybersecurity solutions.
About CISO Global, Inc.
CISO Global, Inc., a leader in managed cybersecurity, security, and compliance, offers complete solutions designed to protect businesses from the most recent cyber threats. CISO Global provides customized services to ensure the security and compliance of its customers ‘ digital assets by embracing cutting-edge technology and industry experience.
Organizations can concentrate on CISO Global’s experience for guidance on best practices for CMMC compliance and security. Visit ciso for more details. inc.
Safe Harbor Remarks
According to federal securities laws, some statements in this news release may be regarded as forward-looking claims, and we intend that this secure bay apply to those statements. Our company’s beliefs about the success of our business, including those that include our belief that we are an industry leader in proprietary software, managed cybersecurity, and compliance, and that we have achieved a profit-sharing milestone as a result of our transformation from a traditional cyber-to a software-led services-backed enterprise. We also have a belief that our service company will achieve at least$ 34 million in adjusted EBITDA profitable income in 2025, as well as our belief that our organization will achieve at least$ 3 million in These claims are frequently, but not always, made using words or phrases like “believes,” “expects,” “anticipates,” “estimates,” “predict,” “plan,” “project,”” continuing,” “ongoing,” “potential,” “opportunity,” “will,” “may,” “look ahead,” “intend,” “guidance,” “future,” or other similar words or phrases. These comments reflect our current perceptions, expectations, and beliefs regarding upcoming events, and they are subject to significant risks, risks, and other elements that could cause real results to differ materially from those predicted by these forward-looking claims. These dangers may be covered in more detail in information filed with the Securities and Exchange Commission, including the Form 10-K Annual Report for the fiscal year that ended December 31, 2023. Any forward-looking claims that speak just as of the day they are made should not be relied upon in excess. We disclaim all liability and do not want to upgrade any forward-looking claims, whether as a result of new data, anticipated changes, or otherwise, except as required by law.
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