VIDEO: Security player Kape walks through its strong set of 2019 results (piworld) (KAPE)

By James Moore


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On Tuesday, digital security and privacy software business Kape Technologies (LSE:KAPE) revealed across-the-board growth in its numbers for the year ended 31 December 2019.

The firm posted a 27% year-on-year jumpin revenues to $66.1 million, a 40% leap in adjusted EBITDA to $14.6 million and net profits of $2 million up from a $500,000 loss in 2018.

Meanwhile, it said that it does not expect coronavirus to have an effect on demand for its products moving forwards.

“On the operational level, Kape is a digital company which is well structured to operate a remote workforce while providing full service to our customers,” it added.

In the video below, provided by piworld, Kape’s chief executive Ido Erlichman and chief financial officer Moran Laufer walk thorough the results in more detail.’

piworld provides content for investors, by investors.

The organisation aims to help private investors get closer to companies and their management and – in turn – make more informed investment decisions.

Videos include:

•             Company results presentations

•             Management interviews

•             Company visits

•             Enlightened educational investor videos with investors, opinion formers, and industry leaders


In this article:

Kape Technologies

Author: James Moore

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.