Edison Investment Research - Covata (CVT) Covata - Moving forward

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Edison Investment Research

Covata - Moving forward

Covata has raised A$2m from institutional and retail investors, bolstering its cash position. The company is making progress with the development of its data security platform, and plans to launch a beta version by the end of the current quarter. New customer contracts have been signed for SafeShare and CipherPoint and the company has a growing sales pipeline.

26/11/2017 2 EN

Underlying

Covata

Covata is a global data security solutions group based in Australia. Co. is engaged in the provision of data-centric security solutions that enable secure file sharing without compromising simple usability. Co.'s primary operating platform is the Covata Platform, developed as an enterprise specific solution to manage data security at an object level, providing an outward facing data-centric approach. In addition, Co.'s product offering includes: Covata Safe Share (protects and controls data independent of any cloud storage provider); and Covata SDK (integrates single data-centric security solutions into existing workflows and applications).

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AU000000CVT5 Australia

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Covata - Moving forward

Feasibility Study Results in December to be a Catalyst for this Junior

Covata - Focused on European opportunity

Covata - Funding the European opportunity

Basilea Pharmaceutica - Cresemba milestone payments continue to roll in

AAC Clyde Space - Solid start to the year with further order growth

Tinexta - Typical seasonality in Q124

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