A Tiny Rising Cybersecurity Star

Charging & Fearless is the only newsletter that delivers under-the-radar, global stock picks before they make front-page news. We traverse borders to uncover the explosive potential of international companies beyond the scope of Wall Street analysts. Enjoy the 5-minute pitch on this week’s stock below...

Cyberoo

Cyberoo is a leading Managed Detection and Response (MDR) service provider in Italy, offering comprehensive cybersecurity solutions to businesses of all sizes. It harnesses the power of AI and machine learning to swiftly and effectively assist its clients in identifying, detecting, and responding to cyber threats.

Primed to Grow

The global cybersecurity market was valued at approximately US$202 billion in 2022 and is expected to grow at a compound annual rate of 12.3% from 2023 to 2030. In other words, the entire industry is expected to more than double in that timeframe: that’s serious expansion. 

For comparison’s sake, the global biotechnology industry — which is on the bleeding edge of growth — is a shave higher with a CAGR of 13.96% in the same timeframe. The main difference in this case is the vast majority of companies in biotech are unprofitable, whereas Cyberoo is no longer in the red.

Unfortunately, the growth of cyberattacks has been exponential in recent years. Cybercriminals are the modern-day equivalent of the Wild West’s gun in holster, bank-robbing outlaws. These people exploit every type of vulnerability, from ransomware attacks crippling critical infrastructure to calling you up to brazenly ask for your credit card PIN under the guise of working for a financial institution. 

By 2025, 60% of all organisations will actively use threat disruption and containment functions provided by their MDR providers, up from the current 30%. 

Cyberoo has made continuous improvements and steady investments in R&D, enhancing its Incident Response Team and introducing its "Black Button" for immediate support during cyber attacks. The company has expanded its operations in Poland and expects to establish a new network of international partners. 

The company is committed to creating value and reinvesting to consolidate its market position, aiming to develop as an international enterprise and enhance the security posture of client companies.

In Their Own Words

What Could Go Wrong?

Cyberoo is a cybersecurity company with high potential but faces several risks. It is highly illiquid, meaning its share price is easily affected by individual trades. The company operates in a competitive market with many rivals. Finding a broker to trade its shares may be challenging, and communication with its management team has been limited. Additionally, its Ukraine-based Innovation Lab raises concerns amidst the ongoing conflict.

Final Word

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