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AI Driven Cybersecurity Firm Accelerating Growth posts $17.8 Million Revenue with +59% Adjusted EBITDA Generating $1.2 Million Net Income for 2024: Cycurion, Inc. (Nasdaq: CYCU)

AI Driven Cybersecurity Firm Accelerating Growth posts $17.8 Million Revenue with +59% Adjusted EBITDA Generating $1.2 Million Net Income for 2024: Cycurion, Inc. (Nasdaq: CYCU)

Globe and Mail17-04-2025

$CYCU Serves US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy as well as Fortune 100 and 500 Companies.
Cybersecurity Leader Addressing the Growing Threat of Cyber Attacks and Data Breaches with a Multi-layered SaaS Solution.
Serving Some of the Most Complex Government Agencies and Corporations in the World Including Fortune 100 and 500 Companies.
Clients and Partners Include: US Dept. of Defense, Defense Intelligence Agency, Dept. of Homeland Security, US Navy and Major Private Sector Companies.
Delivering State-of the-Art, Al-Infused Proprietary Technology Being One of the First to Marry AI and Cybersecurity.
2024 Total Revenue of 17.8 Million with Adjusted EBITDA of $2.3 Million, +58.9% y/y with Expanded Margin of 12.9% vs $1.4 Million in FY2023.
Net Income of $1.2 Million Marking First Full Year of Net Profitability.
Earnings Per Share Improvement to $0.07 Basic and $0.01 Fully Diluted, Versus $(0.14) in Both Categories for FY2023.
Launch of Cyber Shield, a Comprehensive Managed Security Services Platform.
With High Product Pargins, the ARx Security Platform is a Cybersecurity Breakthrough and the Foundational Future Contributor to CYCU growth.
Technology Veterans, Many Holding High-Level Security Clearances and Have Served Critical Roles in Public and Private Sectors.
Cycurion, Inc. (Nasdaq: CYCU) is a tech-enabled cybersecurity firm that serves some of the most complex government agencies and corporations in the world including Fortune 100 and 500 Companies. Founded by internet pioneer Emmit McHenry — who directly oversaw the first internet protocols and the creation of .com domains — CYCU brings an unparalleled blend of vision, technology, and experience to every project. More than just an MSSP or strategic advisor, CYCU is a full-service security partner capable of guiding any organization through the modern cyber threat landscape.
Cybersecurity has become an increasingly critical issue as illustrated by many top level media sources devoting high profile features on the subject. Here are some recent examples of investment opportunities in this emerging global business sector:
https://www.cnbc.com/2025/04/09/jim-cramer-grows-more-confident-in-cybersecurity-stocks-in-this-volatile-world.html?&qsearchterm=cybersecurity%20stocks
https://www.morningstar.com/stocks/we-see-buying-opportunities-cybersecurity-stocks
https://www.crn.com/news/security/2025/cybersecurity-stocks-surge-amid-sector-s-resilience-and-isolation-within-tech-industry
CYCU is committed to surpassing expectations and delivering incomparable value to its clients and partners. CYCU achieves this goal by providing Network Communications and Information Technology Security services and solutions that are custom-tailored to the client's environment, as well as level of need. CYCU is built on a foundation of experts in Network Communications and Information Technology who possess unrivaled security expertise and experience.
The flagship Cycurion ARx platform is a unified cybersecurity solution for protecting critical digital assets. Multi-layer protection is focused on inspecting requests to and responses from a digital asset. This non-invasive approach wraps around a digital asset — without hardware requirements or cloud installations — while keeping the client's IP completely private. With every request inspected, malicious threats are logged and blocked in real-time before reaching the asset. This CYCU multi-layer model of cybersecurity is intended to thwart potential attackers via an expanding set of protective layers.
Full Year 2024 Financial Results
Adjusted EBITDA of $2.3 million (+59% y/y); Generated $1.2 million of Net Income
On April 17th CYCU reported its financial results for the full year ended December 31, 2024, and provided a corporate update highlighting a year of strategic execution, operational discipline, and solid financial performance.
CYCU is poised for a strong 2025, driven by a strategic overhaul focused on sustainable growth and innovation. Over the past year, CYCU streamlined operations, significantly cutting General and Administrative expenses while boosting gross profit for greater financial strength. CYCU invested heavily in AI-driven technology, sharpening its competitive edge. By pivoting away from low-margin clients to high-value opportunities, CYCU has built a robust framework for organic growth.
CYCU Financial Highlights:
Revenues of $17.8 million.
SG&A expenses reduced by 47.5%, demonstrating operational efficiency and tighter strategic focus.
Adjusted EBITDA of $2.3 million, up 58.9% year-over-year with an expanded margin of 12.9% vs $1.4 million (7.4% margin) in FY2023, reflecting strong cost management and scalable operations.
Net income of $1.2 million, a significant turnaround from a net loss of $2.1 million in FY2023 — marking first full year of CYCU net profitability.
Earnings per share improvement to $0.07 basic and $0.01 fully diluted, versus $(0.14) in both categories in FY2023.
Free Cash Flow improvement to $(1.8) million from $(2.5) million despite growth investments in personnel and platform development.
2024 & YTD 2025 Strategic, Technological and Corporate Milestones
CYCU significantly expanded its next-generation product and services portfolio, further solidifying its position as a trusted partner in advanced cybersecurity solutions.
CYCU Listed & Began Trading on Nasdaq: Completed merger with Western Acquisition Ventures in February 2025
U.S. Launch of AI-driven SaaS ARx Cybersecurity Platform: New high margin, AI-driven cybersecurity solution expands CYCU reach following strong initial reception in the government and public sectors in March 2025
Launched Cyber Shield Managed Security Services Platform (MSSP) Launch: Includes SOC as Service, External Attack Surface Management, Web Application Firewall and Virtual CISO Support & Consulting
Expanded Partnership with Journal Technologies: Secured $22 million multi-year contract with State Police Agency
Strengthened Board of Directors Appointing Two Highly Accomplished IT Professionals: Kevin O'Brien and Reginald Bailey bring a combined 55 years of IT, Big Data and AI industry, entrepreneurial and C-suite experience to CYCU.
Launch of Cyber Shield, a Comprehensive Managed Security Services Platform
On March 25th CYCU announced the launch of its new Managed Security Services Platform (MSSP), Cyber Shield™.
The CYCU Cyber Shield package includes the following capabilities and services:
SOC as a Service: 24/7/365 security monitoring, Managed Detection and Response (MDR), Endpoint Detection and Response (EDR), and Threat and Vulnerability Management.
External Attack Surface Management (EASM): Identifying and managing vulnerabilities exposed to the external environment.
Cybersecurity Awareness and Training: Empowering employees with the knowledge to recognize and respond to threats.
Web Application Firewall: Utilizing the ARx Security Platform with AI for advanced protection, including integration with Cycurion's SOC as a Service, C-Suite Dashboard, API protection, geo-gating, intelligent bot-mitigation, and AI enhancements.
Virtual CISO Support and Consulting: Expert advisory services tailored to meet the unique needs of diverse industries.
CYCU ARx Security Platform – Significant Organic, High-Margin AI-Powered Cybersecurity Growth Platform
Powered by advanced AI technology, this robust solution provides real-time insights and protection against evolving cybersecurity threats. ARx offers a comprehensive multi-layered defense mechanism that includes a Web Application Firewall, Bot Mitigation, and Geo Gating. Additionally, as a pure SaaS offering, ARx can be deployed in a rapid and seamless manner without cumbersome and costly network hardware installations.
With high product margins, the ARx Security Platform is both a cybersecurity industry breakthrough and the foundational future contributor to CYCU growth. The ARx value proposition should ultimately be positively reflected in the price of CYCU stock upon the market both obtaining a better understanding of the offering's worth and making the connection for all stakeholders that CYCU is now a leading cybersecurity provider.
CYCU has70 employees, many possessing the highest level of government security clearance, working at the upper echelon of government and corporate organizations, ensuring superior client service and driving our growth.
CYCU will also seek growth with an opportunistic lens via highly strategic, complementary acquisitions that are designed to enhance its capabilities and extend its reach in both the government and commercial sectors. These prospective acquisitions will be designed to strengthen the CYCU technology portfolio, expand its client base and accelerate growth.
Disclosure listed on the CorporateAds website
Media Contact
Company Name: Cycurion, Inc.
Contact Person: Kevin Kelly, Chairman & CEO
Email: Send Email
Phone: 888-341-6680
Address: 1640 Boro Place 4th Floor
City: McLean
State: Virginia
Country: United States
Website: www.cycurion.com

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