Cyber Security Services is a U.S. based cybersecurity company delivering services and managing cyber risk on behalf of distribution and technology partners.

Cyber Security Services

Darktrace plc, together with its subsidiaries, engages in the development and sale of cyber-threat defense technology solutions in the United Kingdom, the United States, Canada, Europe, and internationally. Its products include Enterprise Immune System to discover unpredictable cyber-threats; Industrial Immune System to detect novel threats and vulnerabilities, as well as safeguard the integrity and resilience of industrial technologies; and Cyber AI Analyst, an AI investigation technology, which automatically triages, interprets, and reports scope of security incidents. The company also provides Darktrace Antigena, an autonomous response technology for the enterprise with various security products that delivers proactive cyber defense to digital infrastructure. It serves critical national infrastructure organizations, financial services companies, technology and healthcare providers, media corporations, and educational institutions. The company was founded in 2013 and is headquartered in Cambridge, the United Kingdom.

Dave Palmer

Emily Orton

Jack Stockdale

Poppy Gustafsson

Darktrace plc

Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, web filtering, anti-spam, and wide area network acceleration. The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers their end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender, a hardware appliance; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; FortiClient that provides endpoint protection with pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall; FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiEDR/XDR, an endpoint protection solution that provides both comprehensive machine-learning anti-malware execution and real-time post-infection protection. It provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. It has strategic alliance with Linksys. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California.

Ken Xie

Michael Xie

Fortinet, Inc.

Rapid7, Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightIDR, an incident detection and response solution; InsightCloudSec, a solution that integrates posture management, workload protection, infrastructure entitlements management, infrastructure-as-code security, and Kubernetes protection; InsightVM, a vulnerability risk management solution that is designed to provide a way to collect vulnerability data, prioritize risk, and automate remediation; InsightAppSec, which provides application security testing that analyzes web applications for security vulnerabilities; and InsightConnect, a security orchestration and automation response solution that is used by security professionals. The company's other products include DivvyCloud, a cloud security posture management solution; Nexpose, an on-premises version of company's vulnerability risk management solution; AppSpider, an on-premises version of company's application security testing solution; and Metasploit, a penetration testing software solution, as well as professional services. It offers its products through term or perpetual software licenses, cloud-based subscriptions, and managed services. The company serves customers in a range of industries, including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, education, real estate, transportation, government, and professional services industries through sales teams, and indirect channel partner relationships, as well as directly in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2000 and is headquartered in Boston, Massachusetts.

Metric
Company Name	Cyber Security Services	Darktrace plc	Fortinet, Inc.	Rapid7, Inc.
Symbol		DARK	FTNT	RPD
MSH ID	COM:CYBERSECURITYSERVICES	COM:DARKTRACE	COM:FORTINET	COM:RAPID7
Market	PRIVATE	STOCKS	STOCKS	STOCKS
Sector	Technology	Technology	Technology	Technology
Industry	Cybersecurity	Software - Infrastructure	Software - Infrastructure	Software - Infrastructure
Country	US	GB	US	US
Stage			Venture Round
Employee Count		2.30K	13.52K	2.23K
Website	cybersecurityservices.com	darktrace.com	fortinet.com	rapid7.com
LinkedIn		darktrace	fortinet	rapid7
Founders

Metric
Market Cap	47.48M	45.52B	2.44B
Enterprise Value
Monthly Web Traffic	263.08K		906.19K
Web Traffic Growth	0.47		0.09
Valuation
Raised Capital		50M

Metric
Revenue	415.48M	5.30B	777.71M
Revenue (LTM)
Revenue (NTM)
Gross Profit	370.63M	4.07B	545.97M
EBITDA	42.49M	1.24B	-80.73M
Operating Income	7.60M	1.24B	-80.73M
Net Income	1.46M	1.15B	-149.26M
EPS	0.00	1.47	-0.00
Diluted EPS	0.00	1.46	-0.00
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.90	0.78	0.70
Operating Profit Margin	0.13	0.26	0.02
EBITDA Margin	0.10	0.23	-0.10
Net Profit Margin	0.18	0.24	-0.06
Return on Equity	0.39	-22.01	1.19
Return on Assets	0.14	0.16	-0.03
Return on Capital Employed	0.21	0.35	0.01

COM:CYBERSECURITYSERVICES

Cyber Security Services

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	46.82	44.74	-18.72
P/B Ratio	10.50	694.80	-20.92
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	8.64	11.45	3.97
EV Multiple	62.37	41.39	72.61

Metric
Days Sales Outstanding	69.28	71.54	66.40
Days Payables Outstanding	106.19	76.05	14.40
Days Inventory Outstanding	0.66	143.03	0.00
Operating Cycle	63.39	239.49	78.31
Cash Conversion Cycle	12.36	179.22	53.41
Asset Turnover	0.79	0.73	0.54

Metric
Operating Cash Flow	134.05M	1.94B	104.28M
Free Cash Flow	109.74M	1.73B	84.03M
Cash Flow to Debt	2.95	2.10	0.14
Operating Cash Flow/Sales	0.28	0.39	0.16
Free Cash Flow Yield	0.05	0.04	0.02

Metric
Cash & Equivalents	390.62M	1.40B	213.63M
Accounts Receivable	-30.58M	-146.40M	-14.02M
Inventory	100K	484.80M
Goodwill	38.16M	126.50M	536.35M
Debt to Capitalization	0.18	1.82	1.14
Debt to Assets	0.08	0.16	0.73
Current Ratio	1.28	1.30	1.06
Quick Ratio	1.42	1.22	1.10

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.09	0.05	0.15
R&D to Revenue	0.09	0.11	0.24
SG&A to Revenue	0.42	0.04	0.11