CISO Global Soars 15% on Profitability Milestone
1min read On March 27, 2025, CISO Global's stock price rose to $53.48 in pre-market trading, reflecting a positive outlook for the company's financial performance.
CISO Global has achieved a significant milestone by reaching Adjusted EBITDA positivity in the last quarter of 2024, marking its successful transformation from a loss-making entity to a profitable one. The company expects its services business to generate at least $34 million in adjusted EBITDA profitable revenue in 2025.
In addition to achieving profitability, ciso global has also demonstrated strong revenue growth of 34.87% over the last twelve months. The company has successfully paid off its highest-interest debt, improving its cash flow and providing the flexibility to accelerate its shift into a more profitable, software-first business model.
This financial restructuring has positioned CISO Global for sustained profitability, with a focus on generating revenue through its services business. The company's ability to achieve profitability and pay off high-interest debt has been well-received by investors, contributing to the positive sentiment surrounding its stock price.
Ask Aime: What does CISO Global's profitability mean for investors?
