0R15 8539.0 2.1534% 0R1E 8600.0 3.3654% 0M69 None None% 0R2V 190.25 -0.1312% 0QYR 1345.5 2.0871% 0QYP 424.0 0.5931% 0LCV 146.6464 -1.3147% 0RUK None None% 0RYA 1631.0 -0.6094% 0RIH 171.3 0.9131% 0RIH 174.9 2.1016% 0R1O 186.0 9820.0% 0R1O None None% 0QFP None None% 0M2Z 298.3 -0.6495% 0VSO None None% 0R1I None None% 0QZI 474.5 0.6363% 0QZ0 220.0 0.0% 0NZF None None%

Corero Network Security plc

Technology GB CNS

13.75GBP
0.25(1.85%)

Last update at 2024-05-16T12:38:00Z

Day Range

13.6713.86
LowHigh

52 Week Range

5.5010.65
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 0.40M 1.37M -4.03000M -6.56100M -5.22300M
Minority interest - - - - -
Net income 0.55M 1.52M -3.78400M -6.93600M -5.48200M
Selling general administrative - - - - 9.43M
Selling and marketing expenses - - - - -
Gross profit 17.55M 17.78M 13.04M 7.87M 7.76M
Reconciled depreciation 2.31M 2.57M 2.57M 3.17M 3.42M
Ebit 0.68M 1.78M -3.74500M -6.20100M -4.96400M
Ebitda 3.00M 4.35M -1.15700M -3.02000M -1.53100M
Depreciation and amortization 2.32M 2.57M 2.59M 3.18M 3.43M
Non operating income net other - - - - -
Operating income 0.68M 1.78M -3.74500M -6.20100M -4.96400M
Other operating expenses 19.45M 19.75M 20.62M 15.91M 14.91M
Interest expense 0.28M 0.41M 0.30M 0.38M 0.27M
Tax provision -0.15000M -0.14900M -0.24600M 0.00000M 0.00000M
Interest income 0.00700M 0.00100M 0.02M 0.01M 0.00900M
Net interest income -0.27200M -0.40500M -0.28500M -0.36000M -0.25900M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -0.15000M -0.14900M -0.24600M 0.38M 0.26M
Total revenue 20.12M 20.89M 16.88M 9.71M 9.95M
Total operating expenses 16.87M 16.64M 16.79M 14.07M 12.73M
Cost of revenue 2.58M 3.11M 3.83M 1.84M 2.19M
Total other income expense net -0.27200M -0.40600M -0.28500M -0.36000M -0.25900M
Discontinued operations - - - - -
Net income from continuing ops 0.55M 1.52M -3.78400M -6.56100M -5.22300M
Net income applicable to common shares - 1.52M -3.78400M -6.56100M -5.22300M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 26.83M 29.79M 29.63M 26.44M 27.42M
Intangible assets 4.50M 4.53M 4.66M 5.18M 6.46M
Earning assets - - - - -
Other current assets - 3.21M 3.71M 2.57M 2.98M
Total liab 10.95M 13.98M 15.75M 9.35M 8.42M
Total stockholder equity 15.88M 15.80M 13.88M 17.09M 19.00M
Deferred long term liab - - - - -
Other current liab 3.32M 4.68M 3.44M 2.80M 2.03M
Common stock 6.98M 6.91M 6.91M 6.91M 5.74M
Capital stock 6.98M 6.91M 6.91M 6.91M 5.74M
Retained earnings -79.61500M -80.26800M -81.79000M -78.00600M -71.44500M
Other liab - 2.29M 3.11M 1.24M 0.98M
Good will 8.99M 8.99M 8.99M 8.99M 8.99M
Other assets - 0.86M 0.69M 0.31M 0.23M
Cash 5.65M 11.20M 10.14M 8.32M 8.03M
Cash and equivalents - - - - -
Total current liabilities 8.33M 10.26M 12.06M 6.07M 4.68M
Current deferred revenue - - - - -
Net debt -4.36000M -8.25200M -7.40500M -5.01500M -4.42000M
Short term debt 1.05M 1.51M 2.16M 1.26M 0.85M
Short long term debt 0.97M 1.42M 2.07M 1.15M 0.85M
Short long term debt total 1.29M 2.95M 2.73M 3.31M 3.61M
Other stockholder equity 88.52M 89.16M 88.76M 88.18M 87.60M
Property plant equipment - 0.94M 1.34M 1.01M 0.61M
Total current assets 11.10M 14.46M 13.95M 10.96M 11.13M
Long term investments - - - - -
Net tangible assets - 2.28M 0.23M 2.92M 3.55M
Short term investments - - - - -
Net receivables 5.29M 3.21M 3.71M 2.57M 2.98M
Long term debt 0.24M 1.36M 0.41M 1.79M 2.76M
Inventory 0.16M 0.06M 0.10M 0.06M 0.12M
Accounts payable 3.96M 4.07M 6.46M 2.01M 1.80M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - -3.37500M -2.89600M
Additional paid in capital - - - - -
Common stock total equity - - 6.91M 6.91M 5.74M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.57M 0.86M 0.69M 0.31M 0.23M
Deferred long term asset charges - - - - -
Non current assets total 15.73M 15.32M 15.68M 15.48M 16.29M
Capital lease obligations 0.08M 0.17M 0.26M 0.37M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -2.12400M -2.17500M -2.43300M -1.94500M -2.16000M
Change to liabilities - -1.99900M 6.85M 1.13M 0.29M
Total cashflows from investing activities - -2.17500M -2.43300M -1.94500M -2.16000M
Net borrowings - 0.84M -0.68600M -0.93000M 4.08M
Total cash from financing activities -1.39100M 0.60M -0.87600M 2.75M 11.01M
Change to operating activities - - - - -
Net income 0.40M 1.37M -4.03000M -6.56100M -5.22300M
Change in cash -5.55500M 1.06M 1.82M 0.29M 6.66M
Begin period cash flow 11.20M 10.14M 8.32M 8.03M 1.36M
End period cash flow 5.65M 11.20M 10.14M 8.32M 8.03M
Total cash from operating activities -1.72900M 2.79M 5.14M -0.55100M -1.82600M
Issuance of capital stock 0.23M - 0.00000M 3.96M 7.28M
Depreciation 2.31M 2.57M 2.57M 3.17M 3.42M
Other cashflows from investing activities - - - - -
Dividends paid - - - - -
Change to inventory -0.02600M 0.17M 0.04M 0.15M 0.10M
Change to account receivables - 0.22M -1.18700M 0.94M -0.70100M
Sale purchase of stock - - - - -
Other cashflows from financing activities -0.25500M 2.34M 0.31M -0.35500M 3.73M
Change to netincome - 0.29M 0.64M 0.62M 0.28M
Capital expenditures 2.12M 2.17M 2.43M 1.95M 2.16M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -5.25400M -1.60100M 5.71M 2.22M -0.30800M
Stock based compensation 0.39M 0.52M 0.36M 0.27M 0.02M
Other non cash items 0.42M -0.23200M 0.28M 0.36M 0.26M
Free cash flow -3.85300M 0.61M 2.71M -2.49600M -3.98600M

Fundamentals

  • Previous Close 13.50
  • Market Cap43.88M
  • Volume49223
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA0.23M
  • Revenue TTM21.83M
  • Revenue Per Share TTM0.04
  • Gross Profit TTM 17.78M
  • Diluted EPS TTM-

Peer Comparison

Sector: Technology Industry: Software - Infrastructure

Company Change (GBP) Price (GBP) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CNS
Corero Network Security plc
0.25 1.85% 13.75 - 5.12 2.01 3.42 1.68 19.44
DARK
Darktrace PLC
-2.6 0.43% 595.40 50.21 8.64 4.83 12.51 4.34 27.73
NETW
Network International Holdings PLC
0.20 0.05% 392.60 32.48 20.00 4.39 4.41 4.82 11.70
BYIT
Bytes Technology Ltd
-1.0 0.19% 529.00 33.61 55.87 7.25 24.03 6.97 23.42
SPT
Spirent Communications plc
-0.7 0.37% 189.60 13.54 16.89 1.26 2.39 0.98 4.30

Reports Covered

Stock Research & News

Profile

Corero Network Security plc provides distributed denial of service (DDoS) protection solutions worldwide. The company offers Corero SmartWall products to remove DDoS attack traffic. Its products include SmartWall Threat Defense System appliances for DDoS protection; SmartWall Threat Defense Director, which delivers software edge protection for the networks; SmartWall Threat Defense Cloud that protects against the cloud attacks; and SecureWatch Managed Services, a suite of configuration optimization, monitoring, and mitigation response services. The company also provides installation and training services. It provides its solutions to service, hosting, co-location, edge, and SaaS providers, as well as enterprises. The company was formerly known as Corero plc and changed its name to Corero Network Security plc in June 2011. Corero Network Security plc was incorporated in 1991 and is headquartered in London, the United Kingdom.

Corero Network Security plc

2116 South 17th Street, Mattoon, IL, United States, 61938

Key Executives

Name Title Year Born
Mr. C. Robert Udell Jr. Pres, CEO & Director 1966
Mr. Steven L. Childers Advisor 1956
Mr. Fred Albert Graffam III Exec. VP & CFO 1966
Mr. Gabe Waggoner Exec. VP of Operations NA
Mr. Tom White Chief Technology Officer NA
Ms. Jennifer M. Spaude Sr. VP of Corp. Communications & Investor Relations NA
Mr. J. Garrett Van Osdell Chief Legal Officer, Gen. Counsel & Corp. Sec. NA
Mr. John Joseph Lunny Chief of Information Technology 1964
Mr. Erik Garr Exec. VP & Pres of Consumer-SMB Bus. Unit NA
Mr. David Herrick VP & Controller NA

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