Corero (LSE: CNS) have ticked up to 10.75p after reporting interims to June. The highlights showed progress from this system supplier of cyber security solutions. It reported an EBITDA of $0.3m compared to a loss with turnover up 6% to $8.8m and attractively an increased gross profit margin to 88%. The effect on high margins on profits when revenue increases is the strawberry and cream of financial modelling.
CNS’s ‘flagship’ product is SmartWall, a niche solution defending against DdoS attacks in real-time. It defeats Denial of service attacks, which...
