SideChannel Earnings Call Transcripts
Fiscal Year 2026
-
Revenue declined 7% year-over-year to just under $1.8M, but gross margin improved by 540 basis points as the business shifts to a scalable security platform model. Marketing and partnerships are driving pipeline growth, with significant increases in partner and inbound opportunities.
Fiscal Year 2025
-
Q3 revenue declined 3.8% year-over-year to $1.8M, with gross margin at 47% and an operating loss of $261K. Enclave software adoption and new Insider Threat Service are driving strategic growth, while cash remains stable and the company is debt-free.
-
Gross margin rose to 49.7% and net loss narrowed to $54,000, with year-to-date revenue up 3.8%. Enclave product adoption and federal partnerships are driving growth, while the company maintains strong liquidity and prepares for future capital flexibility.
-
Q1 revenue grew nearly 10% year-over-year, with cash increasing for the fourth straight quarter. Strategic focus is on expanding Enclave software, vCISO services, and program adoption, supported by new hires and international sales efforts.