CISO Global (CISO) achieves profitability

CISO Global, Inc. (NASDAQ: CISO), an industry leader in AI powered security software, managed cybersecurity, and compliance announced today that the company has achieved a significant profitability milestone in its transformation from a pure cyber services business to a software-led, services-backed enterprise. The company reached unaudited Adjusted EBITDA positivity in the last quarter of 2024 and continues its way to sustained profitability.

CISO Global’s financial success follows a strategic realignment that included the full integration of 13 acquired services businesses, operational efficiencies enabled by its proprietary AI-driven security software, and a shift toward higher-margin software revenue. By leveraging its AI-powered penetration testing and security automation solutions, CISO Global has increased service delivery efficiency, reduced expenses, and expanded margins across its offerings. In addition, the Company recently announced a pay-off of its highest interest term loan obligations, further improving the health of its balance sheet and strengthening its operating position.

"This is a defining moment for CISO Global," said David Jemmett, CEO of CISO Global. "Our vision of a software-led business is now a reality, with our AI technology not only enhancing cybersecurity outcomes for our clients but also driving significant financial efficiency. Reaching profitability positions us for sustained, scalable growth. We are grateful for the continued support and dedicated colleagues, vendors, and valued industry partners for their support in reaching this important milestone.”

Looking ahead, CISO Global expects its services business to generate at least $34 million in adjusted EBITDA profitable revenue in 2025. The company is also anticipating an additional $5 million in software-related bookings. The company’s software margins are expected to be approximately 75%, reinforcing its long-term profitability outlook. Additionally, CISO Global's software sales pipeline is robust, as the company actively sells its proprietary AI-driven security solutions to its existing base of 500+ customers and through three established insurance partnerships.

"Our financial discipline and strategic execution have transformed CISO Global into a more resilient and profitable company," said Deb Smith, CFO of CISO Global. "With strong momentum in 2025, we are confident in our ability to drive sustained profitability while expanding our high-margin software business. The stronger-than-anticipated software pipeline, leveraging both our existing customer relationships and insurance partnerships, further supports our long-term growth trajectory.”

As CISO Global continues to scale, it remains committed to innovation, operational excellence, and delivering industry-leading cybersecurity solutions.

You May Also Be Interested In

• Wolfe Research Starts SpaceX (SPCX) at Outperform
• JAB sells entire Keurig Dr Pepper stake for $3.4 billion
• BofA Securities Resumes Williams-Sonoma (WSM) at Buy