Eyeonid Group AB (publ)

Om Eyeonid Group AB (publ)
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Eyeon Group has announced a substantial increase in active subscriptions, with 105,000 new paying subscriptions activated in the second quarter through a strategic reseller in the insurance industry. These subscriptions are invoiced one year in advance, boosting the company's cash flow and demonstrating the scalability of its business model. This growth reflects a rising demand for digital security solutions in the insurance sector. The reseller may place additional orders this quarter, enhancing the company's outlook for recurring revenue growth and visibility in a key market. CEO Fredrik Björklund views this as validation of Eyeon Group's product platform and partnership approach, highlighting the value provided to both partners and end customers. The deal exemplifies Eyeon Group's ability to upsell through resellers by offering complementary cybersecurity services via its app store, improving cash flow and establishing a robust structure for long-term growth. Eyeon Group, founded in 2015, is a leading provider of SaaS solutions in cybersecurity, serving industries like banking, finance, insurance, telecom, and hosting across Europe.
Eyeon Group has signed strategic agreements with major companies in the insurance, telecom, and cybersecurity sectors, generating over SEK 10 million in annual recurring revenue. These contracts, involving new and existing clients, will positively impact cash flow by the second quarter and are expected to contribute approximately SEK 12 million annually. The deals, made through Eyeon Group and its subsidiary SafeState, highlight trust in their cybersecurity and digital safety solutions. CEO Fredrik Björklund views these as long-term partnerships that enhance the company's growth prospects. Eyeon Group continues to expand its recurring revenue and cybersecurity offerings via its proprietary app store. The information was released as required under the EU Market Abuse Regulation. Eyeon Group, founded in 2015, is a leading SaaS provider in cybersecurity, offering solutions for industries such as banking, finance, and telecom.
Eyeon Group AB announced that its main shareholder and senior advisor, Mattias Kaneteg, has acquired an additional 21,997 shares in the company, increasing his total holding to 8,592,798 shares, which represents approximately 24.4% of the total shares. Eyeon Group, founded in 2015, is a leading provider of SaaS solutions in cybersecurity, offering a range of services for the B2B market, particularly in industries such as banking, finance, insurance, telecom, and hosting. For more information, contact Fredrik Björklund, CEO of Eyeon Group AB.
Eyeon Group AB announced that its main shareholder and senior advisor, Mattias Kaneteg, has acquired an additional 16,000 shares in the company. This transaction increases Kaneteg's total holding to 8,570,801 shares, representing approximately 24.4% of the total shares in Eyeon Group AB. Eyeon Group, founded in 2015, provides SaaS solutions in cyber security, offering a range of services through a unique AppStore. The company focuses on the B2B market, serving industries such as banking, finance, insurance, telecom, and hosting across Europe. For further information, contact CEO Fredrik Björklund.
Eyeon Group has successfully launched new White Label and API solutions in collaboration with strategic partners, resulting in a steady increase in end customers. CEO Fredrik Björklund attributes this success to the company's integration team and the combination of technical flexibility and high service levels. Eyeon Group's technology and offerings are seen as timely and effective, and the company plans to continue delivering quality and stability while expanding partnerships and adding new features. Eyeon Group, founded in 2015, is a leading provider of SaaS solutions in Cyber Security, offering a range of services for the B2B market, particularly in industries like banking, finance, insurance, telecom, and hosting.
EyeonGroup, along with its newly acquired subsidiary Safestate AB, has reported a positive financial result for April, marking a significant milestone in its growth. The acquisition of Safestate AB on April 28 is part of a strategic plan to enhance growth and profitability, with expected annual cost synergies of SEK 8 million. CEO Fredrik Björklund stated that this result confirms the effectiveness of their strategy. EyeonGroup aims to strengthen its market position and focus on innovation and quality. The company, founded in 2015, is a leading provider of SaaS solutions in cyber security, offering services for industries like banking, finance, and telecom.
Styrelsen i Eyeonid Group AB har publicerat årsredovisningen för räkenskapsåret 2024, tillsammans med revisionsberättelsen. Dessa dokument finns tillgängliga i pressmeddelandet och på företagets hemsida under sektionen för bolagsstämmor. Eyeon Group AB, grundat 2015, är en ledande leverantör av SaaS-lösningar inom cybersäkerhet i norra Europa, med en AppStore som erbjuder 13 olika tjänster. Företaget fokuserar på att tillhandahålla IT-säkerhetslösningar för B2B-marknaden inom branscher som bank och finans, försäkring, telekom och hosting. För mer information kan Fredrik Björklund, VD för Eyeon Group AB, kontaktas via telefon eller e-post.
Eyeon Group AB announced that its main shareholder and senior advisor, Mattias Kaneteg, has acquired an additional 21,807 shares in the company through another company. This acquisition increases Kaneteg's total holdings to 8,554,801 shares, representing approximately 24.3% of Eyeon Group AB's total shares. Eyeon Group, established in 2015, is a leading provider of SaaS solutions in cybersecurity across Northern Europe, offering a range of services tailored for industries like banking, finance, insurance, telecom, and hosting. For more details, contact Fredrik Björklund, CEO of Eyeon Group AB.
On April 28, Eyeon Group completed the acquisition of Safestate AB, aligning with previously communicated terms. This acquisition is a strategic move to enhance Eyeon Group's position in the cyber security market, with anticipated annual cost savings of around SEK 8 million, contributing to an EBITDA margin of about 50% for the group. The merger is expected to yield significant cost synergies over the next 12 months through more efficient data collection, better use of technical expertise, and streamlined shared functions. The integration plan will focus on efficiency and growth, positively impacting profitability. Fredrik Björklund, CEO of Eyeon Group, emphasized that the acquisition will lead to a more competitive cost structure. Eyeon Group, founded in 2015, is a leading provider of SaaS solutions in cyber security, offering a range of services designed for the B2B market across various demanding industries in Europe.
Miss Group has launched Miss Group Safe in Norway through its brand Domeneshop, targeting business customers with a focus on cybersecurity. This initiative is part of Miss Group's strategy to provide comprehensive online protection and is developed in collaboration with EyeonGroup. The service includes features like ID protection, VPN, cybersecurity insurance, and a password manager, catering to small and medium-sized businesses. Domeneshop, a market leader in Norway, facilitates the rollout, with operations also in Sweden, Denmark, the UK, and the US. The launch strengthens Miss Group's position in the Nordic market and highlights the demand for scalable B2B cybersecurity solutions. EyeonGroup, a leading provider of SaaS solutions in cybersecurity, supports businesses in Europe with IT security and privacy protection services.