Cyberlux Corporation Reports FY 2024 Results with $48.4M in Revenue, 137% Growth Over 2023 and Strong Year-End Positioning
Cyberlux (OTC: CYBL) reported strong financial results for FY 2024, achieving $48.4 million in total revenue, representing a substantial 137% increase from 2023. The company demonstrated improved financial performance by reducing its net loss by $5.2 million to $4.3 million.
Key highlights include:
- Record Q4 revenue of $23 million
- Current order backlog of $48.5 million entering 2025
- Secured a significant ~$22 million contract for aircraft landing systems
- Successfully completed Datron World Communications integration
The company's Global Integrated Services division secured major contracts, positioning Cyberlux for continued growth in 2025 with strong operational momentum across all business units.
Cyberlux (OTC: CYBL) ha riportato risultati finanziari solidi per l'anno fiscale 2024, raggiungendo 48,4 milioni di dollari in ricavi totali, con un notevole incremento del 137% rispetto al 2023. L'azienda ha dimostrato un miglioramento delle performance finanziarie riducendo la sua perdita netta di 5,2 milioni di dollari a 4,3 milioni di dollari.
I punti salienti includono:
- Ricavi record nel Q4 di 23 milioni di dollari
- Attuale portafoglio ordini di 48,5 milioni di dollari all'ingresso del 2025
- Contratto significativo di circa 22 milioni di dollari per sistemi di atterraggio degli aerei
- Integrazione di Datron World Communications completata con successo
La divisione Global Integrated Services dell'azienda ha ottenuto contratti importanti, posizionando Cyberlux per una continua crescita nel 2025 con un forte slancio operativo in tutte le unità aziendali.
Cyberlux (OTC: CYBL) reportó resultados financieros sólidos para el año fiscal 2024, alcanzando 48,4 millones de dólares en ingresos totales, lo que representa un incremento del 137% en comparación con 2023. La empresa demostró una mejora en su desempeño financiero al reducir su pérdida neta de 5,2 millones de dólares a 4,3 millones de dólares.
Los aspectos destacados incluyen:
- Ingresos récord en el Q4 de 23 millones de dólares
- Cartera de pedidos actual de 48,5 millones de dólares al entrar en 2025
- Contrato significativo de aproximadamente 22 millones de dólares para sistemas de aterrizaje de aeronaves
- Integración de Datron World Communications completada con éxito
La división de Servicios Integrados Globales de la empresa aseguró contratos importantes, posicionando a Cyberlux para un crecimiento continuo en 2025 con un fuerte impulso operativo en todas las unidades de negocio.
Cyberlux (OTC: CYBL)는 2024 회계연도에 대한 강력한 재무 결과를 보고하며, 총 수익 4840만 달러를 달성했으며, 이는 2023년 대비 137% 증가한 수치입니다. 회사는 순손실을 520만 달러에서 430만 달러로 줄이며 재무 성과를 개선했습니다.
주요 하이라이트는 다음과 같습니다:
- Q4 기록 수익 2300만 달러
- 2025년 진입 시 현재 주문 잔고 4850만 달러
- 항공기 착륙 시스템을 위한 약 2200만 달러 계약 확보
- Datron World Communications 통합 성공적으로 완료
회사의 글로벌 통합 서비스 부서는 주요 계약을 확보하여 Cyberlux가 2025년에도 지속적인 성장을 할 수 있도록 모든 사업 부문에서 강력한 운영 모멘텀을 유지하고 있습니다.
Cyberlux (OTC: CYBL) a annoncé des résultats financiers solides pour l'exercice 2024, atteignant 48,4 millions de dollars de chiffre d'affaires total, représentant une augmentation substantielle de 137% par rapport à 2023. L'entreprise a démontré une amélioration de ses performances financières en réduisant sa perte nette de 5,2 millions de dollars à 4,3 millions de dollars.
Les points clés incluent :
- Chiffre d'affaires record au T4 de 23 millions de dollars
- Portefeuille de commandes actuel de 48,5 millions de dollars à l'entrée de 2025
- Contrat significatif d'environ 22 millions de dollars pour des systèmes d'atterrissage d'avions
- Intégration de Datron World Communications achevée avec succès
La division des Services Intégrés Globaux de l'entreprise a sécurisé d'importants contrats, positionnant Cyberlux pour une croissance continue en 2025 avec un fort élan opérationnel dans toutes les unités commerciales.
Cyberlux (OTC: CYBL) hat für das Geschäftsjahr 2024 starke finanzielle Ergebnisse gemeldet und einen Gesamtumsatz von 48,4 Millionen Dollar erzielt, was einem erheblichen Anstieg von 137% im Vergleich zu 2023 entspricht. Das Unternehmen hat seine finanzielle Leistung verbessert, indem es den Nettoverlust um 5,2 Millionen Dollar auf 4,3 Millionen Dollar reduziert hat.
Wichtige Highlights sind:
- Rekordumsatz im Q4 von 23 Millionen Dollar
- Aktueller Auftragsbestand von 48,5 Millionen Dollar beim Eintritt in 2025
- Wesentlicher Vertrag über ca. 22 Millionen Dollar für Flugzeuglandesysteme gesichert
- Erfolgreiche Integration von Datron World Communications abgeschlossen
Die Global Integrated Services-Division des Unternehmens hat wichtige Verträge gesichert und positioniert Cyberlux für ein kontinuierliches Wachstum im Jahr 2025 mit starkem operativen Schwung in allen Geschäftsbereichen.
- Record revenue growth of 137% to $48.4M in FY 2024
- Significant net loss reduction of $5.2M
- Strong Q4 performance with $23M in revenue
- Secured $22M contract for aircraft landing systems
- Robust order backlog of $48.5M entering 2025
- Successful integration of Datron acquisition expanding defense capabilities
- Company still operating at a loss with $4.3M net loss in 2024
The Company is well positioned in 2025 with a
“We finished the year with record revenue and strong execution across our business units,” said Mark Schmidt, CEO of Cyberlux Corporation. “With our year-over-year revenue growth, expanded contract wins, and successful integration of Datron, we’re entering 2025 with a robust foundation, growing backlog, and clear momentum for the years ahead.”
FY 2024 Financial Highlights:
-
FY 2024 Revenue:
$48.4 million 137% increase over 2023 -
Q4 Revenue:
$23 million -
Net Loss: Narrowed by
$5.8 million $4.3 million -
Backlog: Ended 2024 with a record backlog of approximately
$48.5 million -
Key Contract Wins: Secured significant new business across all three business units, including a
~ contract for aircraft landing systems (ILS) within the Global Integrated Services division$22 million - Strategic Milestone: Successfully completed integration of the Datron World Communications acquisition, expanding defense communications capabilities
“The key takeaway is that our operations are healthy and demand continues to rise,” added Schmidt. “We’re entering 2025 with strong momentum and a significant backlog for our business units to execute and drive our growth.”
Key Financial Performance Metrics:
Category |
2024 ($M) |
2023 ($M) |
2022 ($M) |
| Revenue | 48.4 |
20.5 |
5.0 |
| YoY Change | +27.9 |
+15.5 |
-- |
|
|
|
|
| Cash & Equivalents | 5.0 |
3.2 |
1.0 |
| YoY Change | +1.8 |
+2.2 |
-- |
|
|
|
|
| Operating Loss | (1.3) |
(3.4) |
(5.9) |
| YoY Change | +2.1 |
+2.5 |
-- |
|
|
|
|
| Net Loss to Shareholders | (4.3) |
(9.5) |
(1.8) |
| YoY Change | +5.2 |
(7.7) |
-- |
The Company’s 2024 Annual Report, with full financial statements and detailed disclosures, is available on OTC Markets and the Company’s Investor Relations portal at https://cyberlux.com/about/#faq.
In addition to the disclosures reflected in the Annual Report as described above, investors and other interested parties are reminded that Cyberlux has an investor relations web page, which is updated periodically to provide transparency. The Company has also updated its FAQ section on the website to provide additional insights for shareholders.
If there is a material development, or sufficient indicated shareholder interest on a particular matter, the Company may issue an appropriate press release, which then is also available through the OTCM website. If a shareholder has a specific question for the Company to address, the shareholder should send an email to IR_CYBL@cyberlux.com.
About Cyberlux Corporation
Cyberlux Corporation (OTC: CYBL) is a leading provider of advanced defense technology solutions, specializing in tactical unmanned aerial systems (UAS), mission-critical military communications, and innovative global defense solutions. The Company develops next-generation military capabilities designed to enhance operational effectiveness for
For more information, visit www.cyberlux.com.
SAFE HARBOR STATEMENT
This Press Release may contain forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's OTC/SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250331441562/en/
For media inquiries, please contact: ir_cybl@Cyberlux.com | T: (984) 363-6894
Source: Cyberlux Corporation
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