Time to jump back in this one! Should start moving again Q1. Hitting lows and stable barcoding starting.
Sekur Private Data Ltd. - Preparing for NASDAQ Listing (CSE: SKUR / OTCQX: SWISF / FRA: GDTO) BUY Current Price: C$0.09 Fair Value: C$0.83 Risk*: 4 Sector/Industry: Technology/Software Q3 revenue was up 160% YoY, and 4% QoQ, beating our estimate by 3%. Subscriber-count increased from 4k in September, to 5.1k currently; we are raising our year-end estimate from 5k to 5.25k. Per our previous update in September, the company is in the process of shifting its marketing strategy by using more resellers and distributors, and in-house SEO marketing, instead of social media influencers. Management expects these initiatives to be more effective and cheaper. We are unable to comment on the effectiveness of these new initiatives until we see some preliminary results. For conservatism, we are lowering our near-term and long-term subscriber-count and revenue estimates. Customer Acquisition Costs (CAC) remained well above $1,000 in Q3. Sekur expects to lower its CAC to $200-$250 in 2023, and to <$100 by 2024, vs subscription revenue of $150/year/user. We believe these cost reductions are achievable, if the company is able to ramp up its subscriber-base. In 2023, the company is planning to launch new solutions/services, including VPN, encrypted calls, and video conferencing. These solutions can be bundled with existing solutions, or offered as stand-alone services. 2023 marketing will primarily target small businesses operating in the U.S. (approximately 32M. We continue to believe that businesses operating with sensitive and confidential information (such as medical, financial, and real estate) are ideal targets for Sekur. Management is following through with their plan to up list shares to the NASDAQ; expected in 2023. We expect tech stocks to be under pressure in the near-term, amid slower GDP growth, and as the Fed is expected to continue raising rates. That said, we are expecting the Fed to turn less hawkish by early next year, which should trigger a rally in tech stocks.
Sekur Private Data Ltd. Named Top 5 Cybersecurity Companies to Watch for 2023 by Silicon Review https://finance.yahoo.com/news/sekur-private-data-ltd-named-125700659.html Newsfile Corp. Wed, March 15, 2023 at 8:57 AM EDT Toronto, Ontario and New York, New York--(Newsfile Corp. - March 15, 2023) - Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) ("Sekur" or the "Company"), a leading Swiss hosted secure and private communications platform, is pleased to announce that it has been named on a list of the "5 Best Cyber Security Companies to Watch 2023" by the Silicon Review magazine and website. The article from Silicon Review can be viewed by clicking this link: https://thesiliconreview.com/magazi...-to-watch-march-monthly-special-2023-listing/ Alain Ghiai, CEO of Sekur Private Data said: "We are very honored to have been selected to be on the list of the top 5 cybersecurity companies to watch for 2023. This is a demonstration of our commitment to protecting our users' data and privacy. The award is a symbol of excellence, and we are grateful to have been selected. Our prime directive is to provide private and secure communications for everyone, and, as we are not connected to any Big Tech or any Hyperscaler platform, we offer a truly independent, private, and secure means of communications without any data mining, through our proprietary technology and our secure servers based in Switzerland. We look forward to continuing to offer true data privacy to all individuals and their businesses and protect their intellectual property, and their privacy, from data miners and malicious hackers." Sekur, which includes SekurMessenger and SekurMail, is part of a bundle of email, messaging and file transfer into one application, includes the Company's latest SekurMail technology, which includes proprietary anti-phishing and privacy feature called SekurSend®. SekurSend® lets a user send an email to any other recipient, whether they have Sekur or not, in full privacy and security as the email never leaves Sekur's encrypted email servers based in Switzerland. The recipient can then click on the notification and reply in the same manner using SekurReply®, without the recipient having to register for a Sekur account. The sender can also decide to protect any email sent by adding a password to open it, a read-limit and a self-destruct timer as well. Sending an email with the SekurSend® feature allows the senders and recipients to add limitless size attachments to the emails without crowding the recipients' email box. This also eliminates BEC attacks for businesses and email phishing attacks. Additionally, SekurMail includes full control of email delivery, automatic data export for large Enterprises and an automatic Data Loss Prevention technology ("DLP") with real time continuous archiving. Recent data breaches in messaging applications have created a certain urgency for businesses and data privacy advocates to protect their communications from cyber-attacks and identity theft via mobile and desktop devices. SekurMessenger now comes with a proprietary feature and technology called "Chat-By-Invites". This feature allows a SekurMessenger user ("SM user") invite a non-SM user, or a group of non-SM users, to chat in a fully private and secure way, without the recipient ever having to register to SekurMessenger or download the app. At the end of the chat, the initiator of the conversation can remotely terminate the conversation and all traces of the conversation are deleted from all users, including the recipient. This unique feature is now fully deployed and functional on all iOS and Android devices and web platforms. The target sectors are numerous, including but not limited to real estate, legal, finance, insurance, medical, government, energy, manufacturing, trade and pharmaceutical sectors. SekurMessenger also eliminates many of the privacy and security risks by not only not requiring a phone number, which would divulge a user's phone device ID, but also by not social engineering a user's phone or computer contact list and infecting the contacts by default as well, eliminating a huge loophole in security and privacy. SekurMessenger issues each user a username and a Sekur number. The Sekur number is the contact ID a user would disclose in order for other Sekur users to be added. The service comes with a self-destruct timer and other features as well, including Sekur's proprietary VirtualVaults and HeliX technologies with all data stored in Swiss hosted encrypted servers. Sekur's Data privacy solutions are all hosted in Switzerland, protecting users' data from any outside data intrusion requests. In Switzerland, the right to privacy is guaranteed in article 13 of the Swiss Federal Constitution. The Federal Act on Data Protection ("FADP") of 19 June 1992 (in force since 1993) has set up a strict protection of privacy by prohibiting virtually any processing of personal data which is not expressly authorized by the data subjects. The protection is subject to the authority of the Federal Data Protection and Information Commissioner. Under Swiss federal law, it is a crime to publish information based on leaked "secret official discussions." In 2010 the Federal Supreme Court of Switzerland found that IP addresses are personal information and that under Swiss privacy laws they may not be used to track Internet usage without the knowledge of the individuals involved. About Sekur Private Data Ltd. Sekur Private Data Ltd. is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure and private communications. The Company distributes a suite of encrypted e-mails, secure messengers, and secure communication tools. Sekur Private Data Ltd. sells its products through its own website at https://www.sekur.com, and approved distributors, and telecommunications companies worldwide. Sekur Private Data Ltd. serves consumers, businesses and governments worldwide. On behalf of Management SEKUR PRIVATE DATA LTD. Alain Ghiai President and Chief Executive Officer +1.416.644.8690 [email protected] For more information, please contact Sekur Private Data at [email protected] or visit us at https://www.sekurprivatedata.com For more information on Sekur visit us at: https://www.sekur.com.
