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Crossword Cybersecurity aim to double growth in 2021 as rollout of Rizikon Pro continues


Crossword Cybersecurity aim to double growth in 2021 as rollout of Rizikon Pro continues
Crossword Cybersecurity PLC s (LON:CCS) Mary Dowd joins Proactive London s Katie Pilbeam to talks through their revenue growth for 2020 with plans to double growth in 2021.
In its results for the year to December 31, 2020, the AIM-listed firm reported revenues of £1.6mln, up 25% year-on-year, noting 39% growth in revenues from its product and consulting segments.
With expectations going forward that the rapid rollout of its Rizikon Pro product will continue through partnerships and membership deals.
Quick facts: Crossword Cybersecurity PLC
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Crossword Cybersecurity sees revenue doubling in 2021 amid ongoing momentum | 19 January 2021


19 January 2021 | 09:51am
StockMarketWire.com - Technology commercialisation company Crossword Cybersecurity said it revenue more than double in 2021 after guiding revenue in 2020 to show an increase of 25% to £1.6 million on a sharp rise in product and consulting growth.
Revenues from product and consulting revenue were anticipated to have expanded by 39%, reflecting the company s shift from software development services to its core of product and consulting revenue.
We are looking forward to an exciting year ahead, accelerating roll out of Rizikon Pro, securing major consulting clients, adding to our cyber security product portfolio, and expanding internationally. We expect the revenue growth rate to more than double in 2021, the company said. ....

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