Cybersecurity
Cork-based cybersecurity firm Smarttech247 sees subsidiary’s pre-tax profits jump to €5.5m
IT security company’s results precede its listing on the AIM on the London Stock Exchange
Profits at cybersecurity firm Zefone Group, Smarttech247’s principal subsidiary, jumped 35 per cent last year as the Cork-based company expanded its customer base in the UK, Europe, and the United States.
Results published on Tuesday for the year ending July 31, 2022 show a 40 per cent rise in overall revenues to €10.2 million with gross profit at the firm reaching €5.5 million.
In December, Smarttech247 was valued at €42.7 million after being admitted to ...