Enlight Research analysis on 2nd quarter: INVL Technology’s revenue was increased by the cyber security business NRD CS
30 Septiembre 2021 - 8:01AM
Enlight Research analysis on 2nd quarter: INVL Technology’s revenue
was increased by the cyber security business NRD CS
The investment research firm Enlight Research
has published an analysis of the financial results of the listed
private equity fund INVL Technology for the second quarter of this
year. The report notes that, despite a weaker than expected result
for the NRD group as a whole, the cyber security firm NRD Cyber
Security (NRD CS) exceeded estimates as its sales grew by 115% to
EUR 1.3 million, nearly double Enlight’s forecast of EUR 0.7
million.
“When the pandemic struck in Q1/20, the main
priority for companies was to quickly enable employees to work from
home. As this was an unforeseen emergency, the cybersecurity was
often overlooked or not prioritized,” the September update states,
adding: “In our view, we are now in the phase where companies will
upgrade their cybersecurity to meet the heightened risks created by
the work-from-home, digitalization, and cloud adoption trends.”
Enlight Research is an investment research firm
which undertakes research commissioned by companies, seeking to
provide high-quality analysis that investors can use to form their
own investment decisions. The firm makes its reports available to
all investors free of charge and encourages investors to read all
types of research, commissioned and traditional, when considering
an investment. Its senior analysts have at least 20 years’
experience writing research.
The Enlight Research analysis commissioned by
INVL Technology does not constitute investment research. The report
was prepared for informational purposes and cannot be considered an
offer to buy or sell shares. The responsibility for such a decision
lies with the investor.
The person authorized to provide additional
information:Kazimieras TonkūnasINVL Technology Managing
PartnerE-mail k.tonkunas@invltechnology.lt
- Enlight Research_INVL Technology_report
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