Business
Trading Update
Corero Network Security plc announced a strong trading update for FY 2025, expecting revenues at the upper end of guidance and EBITDA exceeding guidance, with EBITDA projected to be over $1.3 million. The company reported a 23% increase in Annual Recurring Revenues to $23.9 million and a 20% rise in Order Intake to $33.8 million, alongside a 4% revenue increase to $25.5 million. Customer retention remained high at 98%, and net cash stood at $4.0 million at year-end, with positive cash generation in the second half of the year. Disclaimer*
About this update from Corero Network Security Plc
[{"type":"text","content":"\n\n12 January 2026\n \nThis announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.\n \n \n\n \nCorero Network Security plc\n(\"Corero\" or the \"Company\")\n \nTrading Update\n \nFY 2025 EBITDA expected to exceed guidance with FY 2025 revenues at the upper end of guidance2\n \nStrong sales momentum across H2 2025\n \nCorero (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service (\"DDoS\") protection specialists with real-time service availability, provides the following trading update for the year ended 31 December 20251 (\"FY 2025\") and is pleased to report that the positive trading momentum in Q2 2025 continued throughout H2 2025.\n \nThe Company, subject to audit, expects to report revenue at the upper end of guidance2 and EBITDA ahead of guidance for FY 2025.\n \nCorero delivered a solid performance across all financial KPIs in FY 2025, supported by strong H2 trading, summarised as follows:\n \n· Annual Recurring Revenues (\"ARR\")3 increased by 23% to $23.9 million\n· Order Intake4 (\"Orders\") increased by 20% to $33.8 million\n· Revenue increased by 4% to $25.5 million\n· EBITDA5 expected to be in excess of $1.3 million, representing a significant improvement over H1 2025\n· Net cash at the year end of $4.0 million, with positive cash generation in H2 2025\n· Continued high customer retention6 at 98%\n \nARR, a key performance metric for the Group, increased 23% to $23.9 million as at 1 January 2026 (ARR at 1 January 2025: $19.5 million), with good demand for both Corero's subscription-based and DDoS Protection as-a-Service (\"DDPaaS\") products.\n \nOrder Intake4 grew a healthy 20% to $33.8 million (FY 2024: $28.2 million) with strong demand in H2 2025 for Corero's SmartWall ONETM solution and CORE platform products, overcoming the external headwinds faced in Q1 2025 which adversely impacted H1 2025 Order Intake. Sales of new products released in 2025 was encouraging with over 40 units of...