CynergisTek (CTEK) Reports FY21 Loss of $0.26

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CynergisTek Reports Fourth Quarter and Full Year 2021 Financial Results

March 24, 2022 4:01 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- CynergisTek, Inc. (NYSE AMERICAN: CTEK) (the Company or CynergisTek), a leader in cybersecurity, privacy, and compliance, today announced financial results for the three and twelve months ended December 31, 2021.

Q4 and Full Year 2021 Operational Highlights

16% sequential revenue growth and 4% improvement to gross margins from Q3 to Q4 2021. 23% increase in bookings in the second half of the year when compared to the first. 15% increase of presold revenue to $20.0 million from Q1 to Q4 2021. 43 new customers added during the... More