CISO Nasdaq Services-Management Consulting Services Financials FY2018βFY2025
CISO Global, Inc. had $26.6M of revenue in fiscal 2025, down 13.5% on the year before. Over five years, revenue changed +29.7% a year on average.
Last close Β· Oct 23, 2026
$0.19
8.3%Hi! I read CISO Global, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β13.5%
No. Sales fell 13.5% last year.
Does it make a profit?
β30.3%
No. It lost money last year.
Does profit turn into cash?
β30.0%
No. It spent more cash than it brought in.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· CISO Global, Inc. had $26.6M of revenue in fiscal 2025, down 13.5% on the year before. Over five years, revenue changed +29.7% a year on average. Its operating margin was β33.0%, up 14.4Β pts: of every 100 in sales, about β33 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· CISO Global, Inc. lost $8.1M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$8.0M in fiscal 2025, β30.0% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· CISO Global, Inc. owes $0.6M more than it holds in cash.
Cash, debt and the ratios that show how comfortably CISO Global, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $2.7M | $1.4M | $0.2M | $1.0M | $1.7M |
| Debt incl. finance leases | $7.0M | β | $13.5M | $11.7M | $2.3M |
| Debt / equity | 0.3x | β | 0.8x | 10.2x | 0.2x |
| Interest coverage | β129.4x | β48.7x | β21.9x | β4.1x | β1.0x |
| Current ratio | 1.9x | 0.6x | 0.9x | 0.1x | 0.4x |
| Quick ratio | 1.9x | 0.6x | 0.9x | 0.1x | 0.4x |
| Total assets | $35.8M | $104M | $51.7M | $26.7M | $25.0M |
| Total liabilities | $10.5M | $28.1M | $35.5M | $25.5M | $8.0M |
| Shareholders' equity | $25.3M | $76.4M | $16.1M | $1.1M | $14.8M |
| Net debt (β = net cash) | $4.3M | β | $13.2M | $10.7M | $0.6M |
KIRA Β· Its return on capital was β45.1%: every 100 invested in the business earned about β45 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· CISO Global, Inc. passes 5 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 1 / 8 | 3 / 8 | 2 / 8 | 4 / 8 | 4 / 8 | 4 / 9 | 5 / 9 |
| Accruals ratio | 31.0% | β48.4% | β20.0% | β131.1% | β32.9% | β95.2% | β52.1% | β0.4% |
| Altman Z'' | 15.03 | 6.82 | β0.12 | β8.09 | β2.25 | β18.13 | β31.21 | β26.39 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $0.6M | $1.9M | $7.2M | $15.1M | $46.5M | $33.9M | $30.8M | $26.6M |
| Provision for credit losses | β | $0.0M | β | β | β | β | β | β |
| Gross profit | $0.5M | $1.0M | $2.9M | $1.8M | $2.7M | $2.6M | $4.5M | $6.8M |
| Operating income | $0.3M | β$1.3M | β$3.4M | β$39.8M | β$33.1M | β$63.0M | β$14.6M | β$8.8M |
| Interest expense | β | $0.0M | $0.0M | $0.3M | $0.7M | $2.9M | $3.6M | $9.2M |
| Pretax income | $0.3M | β$1.4M | β$3.4M | β$39.1M | β$33.8M | β$65.0M | β$19.9M | β$8.1M |
| Income tax | β | β | β | β | β$0.0M | β$0.4M | β | β |
| Net income | $0.3M | β$1.4M | β$3.4M | β$39.1M | β$33.8M | β$80.2M | β$24.2M | β$8.1M |
| Net income to common | $0.2M | β$1.4M | β | β | β | β | β$24.2M | β$9.0M |
| Diluted EPS | $0.00 | β$0.01 | β$0.03 | β$0.33 | β$3.64 | β$7.22 | β$2.03 | β$0.42 |
| Diluted shares | 0.07B | 0.09B | 0.11B | 0.12B | 0.01B | 0.01B | 0.01B | 0.03B |
| Cash flow | ||||||||
| Cash from operations | $0.2M | β$0.2M | β$1.7M | β$7.4M | β$10.7M | β$5.9M | β$3.8M | β$8.0M |
| Capital expenditure | β | $0.0M | $0.0M | β | $0.5M | $0.2M | $0.1M | $0.0M |
| Free cash flow | β | β$0.2M | β$1.7M | β | β$11.2M | β$6.1M | β$3.9M | β$8.0M |
| Depreciation and amortization | β | $0.0M | $0.1M | $0.3M | $3.1M | $3.1M | $2.4M | $1.2M |
| Stock-based compensation | β | $0.8M | $1.5M | $7.8M | $15.5M | $11.5M | $9.0M | $3.5M |
| Acquisitions | β | β | β | β$2.1M | $5.5M | β$0.0M | β | β |
| Balance sheet | ||||||||
| Cash and short-term investments | $0.1M | $1.9M | $5.2M | $2.7M | $1.4M | $0.2M | $1.0M | $1.7M |
| Total debt | β | β | β | $7.0M | β | $13.5M | $11.7M | $2.3M |
| Deposits | β | $0.3M | β | β | β | β | β | β |
| Current assets | $0.3M | $2.5M | $6.3M | $9.8M | $14.4M | $26.3M | $3.5M | $3.3M |
| Current liabilities | $0.0M | $0.6M | $3.9M | $5.1M | $23.2M | $29.8M | $25.0M | $7.7M |
| Inventory | β | β | β | $0.2M | $0.0M | $0.2M | β | β |
| Property and equipment, net | β | $0.0M | $0.1M | $2.4M | $4.7M | $1.1M | $0.7M | $0.5M |
| Goodwill | β | $0.9M | $4.1M | $16.8M | $55.8M | $19.9M | $19.9M | $19.9M |
| Intangible assets | β | $1.1M | $2.1M | $6.5M | $8.5M | $3.5M | $1.8M | $0.9M |
| Total assets | $0.3M | $4.5M | $12.6M | $35.8M | $104M | $51.7M | $26.7M | $25.0M |
| Total liabilities | $0.2M | $0.6M | $4.9M | $10.5M | $28.1M | $35.5M | $25.5M | $8.0M |
| Shareholders' equity | $0.0M | $3.9M | $7.7M | $25.3M | $76.4M | $16.1M | $1.1M | $14.8M |
| Margins | ||||||||
| Gross margin | 82.1% | 50.9% | 39.7% | 11.9% | 5.9% | 7.6% | 14.7% | 25.6% |
| Operating margin | 50.4% | β70.4% | β47.1% | β262.7% | β71.2% | β185.5% | β47.4% | β33.0% |
| EBITDA margin | β | β69.5% | β45.4% | β260.8% | β64.6% | β176.2% | β39.6% | β28.5% |
| Net margin | 50.4% | β71.0% | β47.1% | β258.5% | β72.6% | β236.4% | β78.8% | β30.3% |
| FCF margin | β | β11.3% | β23.5% | β | β24.0% | β18.1% | β12.8% | β30.0% |
| Returns | ||||||||
| Return on capital | β | β | β | β106.3% | β | β169.3% | β97.1% | β45.1% |
| Return on capital employed | 136.8% | β34.3% | β38.8% | β129.7% | β40.8% | β287.6% | β858.8% | β50.8% |
| Return on equity | 895.0% | β68.5% | β58.5% | β237.0% | β66.4% | β173.3% | β280.5% | β101.1% |
| Return on assets | 126.2% | β57.0% | β39.8% | β161.6% | β48.1% | β102.8% | β61.9% | β31.2% |
| Return on tangible equity | 662.3% | β70.9% | β222.4% | β1,991.7% | β278.3% | β | β | β |
| Growth | ||||||||
| Revenue growth | β | 197.4% | 279.5% | 109.1% | 207.4% | β27.1% | β9.4% | β13.5% |
| Net income growth | β | β519.2% | β | β | β | β | β | β |
| Share count change | β | 33.0% | 19.8% | 6.6% | β92.2% | 19.9% | 7.5% | 155.9% |
| Financial health | ||||||||
| Debt / equity | β | β | β | 0.3x | β | 0.8x | 10.2x | 0.2x |
| Interest coverage | β | β112.8x | β198.1x | β129.4x | β48.7x | β21.9x | β4.1x | β1.0x |
| Current ratio | 12.9x | 4.3x | 1.6x | 1.9x | 0.6x | 0.9x | 0.1x | 0.4x |
| Quick ratio | 12.9x | 4.3x | 1.6x | 1.9x | 0.6x | 0.9x | 0.1x | 0.4x |
| Capital allocation | ||||||||
| Capex / revenue | β | 0.6% | 0.0% | β | 1.1% | 0.6% | 0.3% | 0.0% |
| Stock comp / revenue | β | 43.2% | 21.2% | 51.5% | 33.2% | 33.8% | 29.1% | 13.2% |
| Quality scores | ||||||||
| Piotroski F-score | β | 1.0 | 3.0 | 2.0 | 4.0 | 4.0 | 4.0 | 5.0 |
| Altman Z'' | 15.0 | 6.8 | β0.1 | β8.1 | β2.2 | β18.1 | β31.2 | β26.4 |
| Accruals ratio | 31.0% | β48.4% | β20.0% | β131.1% | β32.9% | β95.2% | β52.1% | β0.4% |
Source: SEC EDGAR XBRL filings (CIK 0001777319). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
