Revenue declined 20.5% year-over-year in H2 2025, but gross margin improved to 22% and EBITDA loss narrowed due to cost optimization and strategic repositioning. Key segments showed mixed results, with Trinexia Southern Africa and Maidar Secure delivering stable or growing revenues, while other regions faced margin pressure and delayed projects.
Original document: Cyber Security 1 AB [CYB1] Interim report — Apr. 1 2026
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