Cyan AG Reports 2024 Growth and Plans for Future Expansion

Munich-based cyan AG has announced its preliminary results for the 2024 financial year, achieving a 50% increase in revenue. Operating sales reached EUR 7.1 million, marking significant growth from the previous year's EUR 4.7 million. EBITDA improved substantially to EUR -1.6 to -1.5 million from EUR -4.5 million in 2023, demonstrating cyan's effective strategy in the cybersecurity market.

CEO Thomas Kicker highlighted strategic measures and robust team development as key elements of the company's success. cyan introduced the cybersecurity solution, cyan Guard 360, expanding its product range and market reach.

For 2025, cyan forecasts operating sales growth to EUR 8.4 to 9.2 million and aims to achieve a positive EBITDA. With an 86% increase in the end customer base, the firm focuses on expanding into the telecommunications sector and enhancing the cyan Guard 360 solution for SMEs.