Exclusive Interview with Cycurion (Nasdaq: CYCU) CEO L. Kevin Kelly Discussing the Company's Largest Contract Award and Expansion of Its Diversified Cybersecurity Growth Strategy
Cycurion CEO L. Kevin Kelly gave a paid Corporate Ads interview restating the company's largest-ever contract: a 10-year, $54.6 million award to modernize a state Health and Human Services system, with revenue starting in Q4 and building toward more than $5 million of annual recurring revenue in 2027. Kelly highlighted the closed Digital Ally Video Solutions acquisition (about $5.5 million revenue, $1.2 million EBITDA, 800-plus law enforcement agencies) and a pro-forma annual revenue run rate of roughly $30 million, alongside Nasdaq bid-price compliance regained October 1 and a break-even/cash-flow-positive target of Q2 2027.
Key figures
- Q2 gross margin
- 29.1% vs 6.1% a year earlier
- Secuvant ebitda
- $1.5 million
- Break even target
- Q2 2027
- Shares outstanding
- approximately 3.2 million
- Contract arr target
- more than $5 million in annual recurring revenue
- Digital ally ebitda
- more than $1.2 million
- Chicago 2026 revenue
- approximately $843,028
- Digital ally agencies
- more than 800 law enforcement agencies
- Largest contract term
- 10-year
- Warrant deal proceeds
- about $4.5 million
- Chicago 10yr cad value
- approximately $3.43 million
- Healthcare engagements
- approximately $800,000 in annual contract spends
- Largest contract value
- $54.6 million
- New awards closed 2026
- 41
- Annualized cost savings
- more than $2.2 million
- Net debt reduction 2025
- more than 70%, from $10.5 million to just under $3 million
- Q2 adjusted ebitda loss
- $1.4 million vs $2.1 million
- Pro forma revenue run rate
- approximately $30 million
- Digital ally annual revenue
- approximately $5.5 million
- Secuvant annualized revenue
- approximately $3 million
AI analysis
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