Corero Network Security PLC 2023 AR2

The report highlights Corero Network Security plc's financial and operational performance for the fiscal year 2023. The company achieved an 11% increase in total revenue to $22.3 million and a 17% increase in Annualised Recurring Revenues (ARR) to $16.9 million. Corero expanded its market reach through a global partnership with Akamai Technologies and a key strategic partnership with TechEnabler in Latin America. Additionally, the company maintained a 98% customer support contract renewal rate and successfully repaid its outstanding bank loan facility, ending the year debt-free.

Company: Corero Network Security PLC

Sector: Information Information Technology

Country: United Kingdom

Year: 2023

Type: AR2

Pages: 88

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Corero Network Security PLC

Corero Network Security PLC 2023 Annual Report and Accounts

Annual Report And Accounts

The report highlights Corero Network Security plc's financial and operational performance for the fiscal year 2023. The company achieved an 11% increase in total revenue to $22.3 million and a 17% increase in Annualised Recurring Revenues (ARR) to $16.9 million. Corero expanded its market reach through a global partnership with Akamai Technologies and a key strategic partnership with TechEnabler in Latin America. Additionally, the company maintained a 98% customer support contract renewal rate and successfully repaid its outstanding bank loan facility, ending the year debt-free.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees