Fundamental Research Reports on Sekur Private Data Ltd (OTCMKTS:SWISF) Issues “BUY” & C$1.16 Value Equivariant to $0.89 USD

Sekur Private Data Ltd (OTCMKTS:SWISF) stock will be in focus this month as Fundamental Research Corp has issued a research report following Q4 earnings and the firm set a price target of C$1.16 – signaling a massive potential jump from the current price of C$0.26.

Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) Fundamental Research Corp reports on Sekur Data Ltd Issues “BUY” recommendation and a Fair market Value of C$ 1.16 which is equivalent to $0.89 USD. Read Report and see more.

The company is involved in providing Swiss-hosted secure communications as well as secure date management to its clients.

The report states that – Q4-2021 revenue was $81k, up 77% QoQ, beating our estimate by 32% due to stronger than expected growth in subscribers. Subscriber-count has increased from 2,550 at the end of 2021, to 3,500 currently. According to management, most of their subscribers are U.S.-based individuals. Management is expecting 11k subscribers by the end of this year. As our previous forecast (35k) was highly aggressive, we are lowering our near-term revenue and EPS estimates.

The rpeort further added ” We believe businesses operating with sensitive and confidential information (such as medical, financial, and real estate), and a segment of individuals (5% – 10%) are ideal targets for Sekur.


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