Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
CYAN.L
SELLREMOVECyanConnode Holdings plc · Technology · United Kingdom · $40M · Avg Vol: $116K/d
CyanConnode is a micro-cap provider of narrowband RF mesh networks for smart metering. Despite some regional adoption, its micro-cap scale ($30M), lack of consistent profitability, and weak structural moat fail to meet our quality compounder standards.
COMPANY DESCRIPTION
CyanConnode Holdings plc designs and develops narrowband RF smart mesh networks for machine-to-machine (M2M) communication, primarily targeting the global smart metering market. Its proprietary Omni IoT platform provides highly secure, scalable, and long-range communication infrastructure, establishing a strong competitive position in emerging markets like India. The company operates as a high-growth technology provider, capitalizing on government-mandated rollouts of smart utility grids.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 13M | 16M | 25M | 19M | 14.0% |
| EPS | -0.01 | -0.01 | -0.02 | -0.02 | — |
| Shares | 236M | 272M | 299M | 359M | +51.9% |
| Debt | 3M | 2M | 636,353 | 10M | 52.0% |
| Equity | 15M | 20M | 18M | 20M | 9.7% |
| Op CF | -4M | -3M | -4M | -7M | — |
| Inv CF | -397,385 | -1M | -2M | -1M | — |
| Fin CF | 6M | 6M | 2M | 10M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of CYAN.L are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| CYAN.L | CyanConnode Holdings plc(you) | $40M | 35 | SELL |
| PEB.L | Pebble Beach Systems Group plc | $47M | 63 | HOLD |
| CLX.L | Calnex Solutions plc | $83M | 64 | HOLD |
| FTC.L | Filtronic plc | $1.1B | 61 | HOLD |
| PCIP.L | PCI-PAL PLC | $49M | 37 | HOLD |
| IOM.L | iomart Group plc | $26M | 36 | HOLD |
| CRDL.L | Cordel Group Plc | $35M | 42 | HOLD |
| CKT.L | Checkit plc | $37M | 48 | HOLD |
| CLBS.L | Celebrus Technologies plc | $52M | 46 | HOLD |
| GETB.L | GetBusy plc | $48M | 50 | HOLD |
Peer medians: ROE 3.9% · P/E 30.0x · Gross margin 57.4%