Crossword Cybersecurity “fully funded” for path to profitability
–News Direct–
Crossword Cybersecurity PLC (AIM:CCS) CEO Tom Ilube speaks to Thomas Warner from Proactive after the company released its first-half update. He says that the company has published positive trading figures and is well on track to meet market expectations for 2023. Notably, 2024 holds the promise of substantial growth, with revenue projected to reach around 8 million and a strategic move towards profitability in the latter half of the year.
Ilube emphasises the organisation's resolute commitment to achieving this through organic growth, rather than by relying on acquisitions. Crossword Cybersecurity has secured over 2 million in loan notes, ensuring ample funding to sustain its trajectory towards profitability, with an option to raise up to 2.5 million if needed. Ilub...