Cyan - The future is bright, the future is…
The contract with Orange is another transformative deal that validates both Cyan’s cybersecurity technology and its white label model. Deployment across Orange’s 28 subsidiaries may not prove straightforward and the pace of end-user adoption is difficult to predict precisely at this point. Nevertheless, Cyan’s assumptions appear conservative and suggest the contract could generate additional annual revenues of €25m by FY21. Consensus forecasts group EBITDA to reach €37m by FY21.
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