Cyber security firm SSC Q3 revenue rises

SSC Security Services

19/08/2025 23:15

Overview

SSC Security Services Corp Q3 revenue grows 1.7% yr/yr to C$30.2 mln

Adjusted EBITDA for Q3 rises 14% to C$1.4 mln

Co repurchased 140,900 shares, maintaining a debt-free balance sheet with strong liquidity

Outlook

Company expects legacy assets to convert to cash within a year

SSC plans to expand through acquisitions while maintaining financial conservatism

Company aims to continue capital distribution via dividends

SSC sees continued growth in demand for integrated security services

Result Drivers

MARGIN IMPROVEMENT - Gross margin increased to 17.5% from 15.9% due to expense management and operational efficiencies

ORGANIC GROWTH - Revenue rose 1.7% year-over-year, driven by internally generated organic growth

SHARE BUYBACKS - Company repurchased 140,900 shares, emphasizing shareholder value enhancement

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$30.20 mln
Q3 Adjusted EPS
C$0.04
Q3 Adjusted Net Income
C$800,000
Q3 Adjusted EBITDA
C$1.40 mln


Press Release: ID:nCNWMTp2Qa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)