earnings
confidence high
sentiment negative
materiality 0.75
Q2 revenue down 22% to $3.9M; net loss $5.3M; $69M in new contracts; adj. loss $0.04/shr
Cycurion, Inc.
2025-Q2 EPS reported
-$0.57
revenue$7,757,965
- Q2 net revenues $3.9M (-22.3% YoY); gross profit $0.2M (-77%); net loss $5.3M vs income $0.3M in Q2 2024.
- Adjusted net loss per share $0.04 after removing $677k merger costs, $1M consulting comp, $1M stock comp, $900k preferred conversions.
- Q2 adjusted EBITDA loss $(1.0M) vs positive $0.7M in Q2 2024; H1 net loss $15.5M.
- Secured $69M in contracts including $33M higher-ed renewal (through 2030) and $22M state police award.
- Working capital deficit $14.3M; cash $1.0M; converted $3.5M debt to equity in Q2.
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