Frost & Sullivan Independent Equity Research
SAFE-T. NASDAQ IPO – $7.3M raised strengthens equity structure; significant growth in revenues and backlog offset by a substantially increased burn rate due to operational and technological expansion; valuation retained, however due to additional shares, target price decreased to NIS 3.85.
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Company: Safe-T
Sector: Cybersecurity
Report type: H1-2018 Update Report
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Published on: 20 September, 2018