With revenues up over 60% on average, the cyber security stocks on our list should see that trend continue
SmallCapPower | October 27, 2016: A recent article published by the Montreal Gazette entitled “Protecting companies against the very real threat of ransomware,” stated the FBI expects us to pay $1 billion in ransom to cyber criminals this year. That being said, the stocks on our list today are positioned to capitalize on that growing need for cyber security, have all seen substantial growth in their revenues over the last fiscal, and are expected to continue to see top-line growth. Although some of the stock values have declined as the market has discounted them on the back of weaker margins, with nothing but growth expected in the industry there may be upside in the days ahead.
VirtualArmor International Inc. (CSE:VAI) – $0.46
IT Services & Consulting
VirtualArmor International Inc. focuses on handling the design, configuration, and installation of advanced network, cybersecurity and cloud architecture solutions, and serves as an ongoing resource for its clients. The Company supports the three main facets of its business: hardware sales, professional services, and managed services. The Company has two subsidiaries: VirtualArmor Capital Inc. (VirtualArmor Capital) and VirtualArmor, LLC (VirtualArmor Colorado).
- Market Cap: $25.78(mm)
- YTD Price PCT Change: 206.7%
- Total Revenue (FY0, CAD, Millions): $7.37
- YoY % Chg in Revenue (FY0, CAD): 53.5%
Nanotech Security Corp. (CVE:NTS) – $1.25
Communications & Networking
Nanotech Security Corp. is an identity company, providing light-based nanotechnology and optical thin film (OTF). The Company operates through two segments: Security Features and Surveillance. The Security Features segment provides nano-optics and OTF for use in anti-counterfeiting and authentication processes and products, including currency, legal documents and commercial products. The Surveillance segment designs and sells surveillance and intelligence gathering equipment for the law enforcement and defense industries in the United States and Canada.
- Market Cap: $67.66(mm)
- YTD Price PCT Change: -3.8%
- Total Revenue (FY0, CAD, Millions): $5.15%
- YoY % Chg in Revenue (FY0, CAD): 131.1%
Pivot Technology Solutions Inc. (CVE:PTG) – $0.44
IT Services & Consulting
Pivot Technology Solutions, Inc. focuses on the strategy to acquire and integrate technology solution providers, primarily in North America. The businesses acquired by the Company designs, sells and supports integrated computer hardware, software and networking products for business database, network and network security systems. The Company, together with its portfolio companies and partners, delivers solutions that enable organizations to design, build, implement and maintain computing and communication infrastructure that addresses their business needs.
- Market Cap: $74.84(mm)
- YTD Price PCT Change: -18.5%
- Total Revenue (FY0, CAD, Millions): $2,060.57%
- YoY % Chg in Revenue (FY0, CAD): 30.5%
Avigilon Corp. (TSE:AVO) – $8.20
Communications & Networking
Avigilon Corporation is a provider of business intelligence and security solutions. The Company operates through the segment in which it designs, manufactures and markets video surveillance and access control software and equipment for the global security market. Its security solutions are installed at school campuses, transportation systems, healthcare centers, public venues, prisons, factories, casinos, airports, financial institutions, government facilities and retailers. It offers security product solutions, including high definition Internet protocol (HD IP) cameras, network video recorders (NVR), analog video encoders, Avigilon control center (ACC), Avigilon access control manager (ACM) and RIALTO analytics appliance.
- Market Cap: $358.46(mm)
- YTD Price PCT Change: -40.1%
- Total Revenue (FY0, CAD, Millions): $399.85%
- YoY % Chg in Revenue (FY0, CAD): 40.0%
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