NASDAQ : HUBC
HUB Cyber Security Ltd. — Financial statements
Technology · Software - Infrastructure · Israel
Last price 0.135 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 242.44K
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Financial statements
HUB Cyber Security Ltd. (HUBC) reported revenue of 31.66M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 31.66M | 31.66M | 29.56M | 42.66M | 50.00M | 29.53M |
| Cost of Revenue | 27.09M | 27.09M | 26.11M | 43.30M | 46.89M | 25.01M |
| Gross Profit | 4.58M | 4.58M | 3.45M | -642.00K | 3.12M | 4.52M |
| Selling, General & Admin | -14.03M | -14.03M | 26.83M | 47.83M | 62.92M | 11.69M |
| Research & Development | 2.75M | 2.75M | 2.00M | 5.89M | 5.57M | 5.80M |
| Other Operating Expenses | -4.26M | -4.26M | -173.00K | 12.72M | ||
| Operating Expenses | -15.55M | -15.55M | 28.66M | 66.44M | 68.49M | 17.49M |
| Operating Income | 20.12M | 20.12M | -25.21M | -67.08M | -65.38M | -12.97M |
| Interest Expense | -20.97M | -20.97M | -11.91M | -6.84M | -1.24M | -86.00K |
| Interest & Investment Income | 325.00K | 325.00K | 548.00K | 213.00K | 450.00K | 5.00K |
| Currency Exchange Gain (Loss) | -3.13M | -3.13M | -391.00K | 271.00K | 19.00K | -105.00K |
| Other Non Operating Income (Expenses) | -23.25M | -23.25M | 1.39M | -356.00K | -144.00K | -104.00K |
| EBT Excluding Unusual Items | -26.90M | -26.90M | -35.58M | -73.79M | -66.29M | -13.26M |
| Impairment of Goodwill | -571.00K | |||||
| Gain (Loss) on Sale of Assets | -170.00K | -170.00K | -354.00K | |||
| Asset Writedown | -90.24M | -90.24M | -83.00K | -10.64M | -15.06M | |
| Pretax Income | -117.31M | -117.31M | -36.59M | -84.44M | -81.34M | -13.26M |
| Income Tax Expense | 743.00K | 743.00K | 557.00K | 171.00K | -776.00K | 262.00K |
| Earnings From Continuing Operations | -118.05M | -118.05M | -37.15M | -84.61M | -80.57M | -13.52M |
| Earnings From Discontinued Operations | -1.74M | -1.74M | -1.89M | -2.03M | 569.00K | 107.00K |
| Net Income to Company | -119.79M | -119.79M | -39.03M | -86.64M | -80.00M | -13.41M |
| Minority Interest in Earnings | 3.00K | 3.00K | -726.00K | -810.00K | -1.59M | 385.00K |
| Net Income | -119.79M | -119.79M | -39.76M | -87.45M | -81.59M | -13.03M |
| Net Income to Common | -119.79M | -119.79M | -39.76M | -87.45M | -81.59M | -13.03M |
| Free Cash Flow | -31.43M | -31.43M | -17.19M | -16.50M | -29.46M | -5.73M |
| Gross Margin | 14.45% | 14.45% | 11.66% | -1.50% | 6.23% | 15.30% |
| Operating Margin | 63.56% | 63.56% | -85.30% | -157.26% | -130.75% | -43.92% |
| Profit Margin | -378.33% | -378.33% | -134.49% | -205.00% | -163.18% | -44.12% |
| Free Cash Flow Margin | -99.27% | -99.27% | -58.16% | -38.68% | -58.92% | -19.41% |
| EBITDA | 21.02M | 21.02M | -23.63M | -59.45M | -57.58M | -11.12M |
| EBITDA Margin | 66.39% | 66.39% | -79.94% | -139.36% | -115.16% | -37.64% |
| D&A For EBITDA | 896.00K | 896.00K | 1.58M | 7.64M | 7.79M | 1.85M |
| EBIT | 20.12M | 20.12M | -25.21M | -67.08M | -65.38M | -12.97M |
| EBIT Margin | 63.56% | 63.56% | -85.30% | -157.26% | -130.75% | -43.92% |
| Advertising Expenses | 6.13M | 6.13M | 54.00K | 236.00K | 306.00K | 37.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.76M | 1.76M | 3.08M | 3.52M | 3.99M | 13.97M |
| Cash & Short-Term Investments | 1.76M | 1.76M | 3.08M | 3.52M | 3.99M | 13.97M |
| Accounts Receivable | 8.78M | 8.78M | 7.90M | 9.87M | 24.06M | 25.65M |
| Other Receivables | 2.80M | 2.80M | 1.93M | 2.76M | 1.13M | 1.54M |
| Receivables | 11.58M | 11.58M | 9.83M | 12.63M | 25.18M | 27.19M |
| Inventory | 1.90M | 1.84M | ||||
| Prepaid Expenses | 2.08M | 2.08M | 1.13M | 1.48M | 460.00K | 5.54M |
| Restricted Cash | 681.00K | 681.00K | 528.00K | 1.64M | 1.57M | 218.00K |
| Other Current Assets | 3.83M | 837.00K | 85.00K | 1.00M | ||
| Total Current Assets | 16.10M | 16.10M | 18.40M | 20.11M | 33.20M | 49.76M |
| Property, Plant & Equipment | 2.06M | 2.06M | 2.64M | 3.54M | 7.82M | 9.38M |
| Goodwill | 2.14M | 2.14M | 1.87M | 2.47M | 13.70M | 31.99M |
| Other Intangible Assets | 827.00K | 827.00K | 4.34M | 5.42M | 16.20M | 22.62M |
| Long-Term Deferred Tax Assets | 151.00K | 151.00K | 3.47M | |||
| Other Long-Term Assets | 216.00K | 216.00K | 165.00K | 1.05M | 3.87M | 3.51M |
| Total Assets | 21.50M | 21.50M | 27.42M | 32.59M | 74.79M | 120.73M |
| Accounts Payable | 9.82M | 9.82M | 8.20M | 9.87M | 13.77M | 14.99M |
| Accrued Expenses | 38.55M | 38.55M | 36.81M | 30.39M | 21.95M | 9.02M |
| Short-Term Debt | 73.36M | 73.36M | 38.30M | 26.20M | 13.42M | 10.20M |
| Current Portion of Long-Term Debt | 1.08M | |||||
| Current Portion of Leases | 1.16M | 1.16M | 975.00K | 733.00K | 1.47M | 2.02M |
| Current Unearned Revenue | 1.14M | 1.14M | 950.00K | 1.47M | 1.01M | 194.00K |
| Other Current Liabilities | 11.60M | 11.60M | 20.85M | 11.82M | 6.21M | 445.00K |
| Total Current Liabilities | 135.63M | 135.63M | 106.07M | 80.48M | 57.84M | 37.96M |
| Long-Term Debt | 3.80M | |||||
| Long-Term Leases | 709.00K | 709.00K | 1.21M | 1.71M | 5.00M | 6.06M |
| Long-Term Unearned Revenue | 317.00K | 317.00K | 217.00K | 147.00K | 887.00K | 961.00K |
| Pension & Post-Retirement Benefits | 455.00K | 455.00K | 651.00K | 869.00K | 1.04M | 1.44M |
| Long-Term Deferred Tax Liabilities | 60.00K | 60.00K | 79.00K | 116.00K | 161.00K | 4.73M |
| Other Long-Term Liabilities | 1.06M | |||||
| Total Liabilities | 137.17M | 137.17M | 108.23M | 83.32M | 65.98M | 54.95M |
| Common Stock | 193.02M | 193.02M | 117.25M | 103.39M | 81.62M | 70.76M |
| Retained Earnings | -346.03M | -346.03M | -226.25M | -186.49M | -99.04M | -17.45M |
| Treasury Stock | -1.23M | -1.23M | -1.23M | -1.23M | -1.23M | -1.23M |
| Comprehensive Income & Other | 38.60M | 38.60M | 29.44M | 30.82M | 25.07M | 12.70M |
| Total Common Equity | -115.64M | -115.64M | -80.79M | -53.51M | 6.41M | 64.79M |
| Minority Interest | -34.00K | -34.00K | -30.00K | 2.78M | 2.40M | 991.00K |
| Shareholders' Equity | -115.67M | -115.67M | -80.82M | -50.73M | 8.81M | 65.78M |
| Total Liabilities & Equity | 21.50M | 21.50M | 27.42M | 32.59M | 74.79M | 120.73M |
| Total Debt | 75.23M | 75.23M | 40.48M | 28.64M | 19.88M | 23.16M |
| Net Cash (Debt) | -73.47M | -73.47M | -37.40M | -25.12M | -15.89M | -9.19M |
| Filing Date Shares Outstanding | 1.45M | 1.45M | ||||
| Total Common Shares Outstanding | 1.45M | 1.45M | ||||
| Working Capital | -119.52M | -119.52M | -87.67M | -60.37M | -24.64M | 11.80M |
| Book Value Per Share | -79.77 | -79.77 | ||||
| Tangible Book Value | -118.61M | -118.61M | -87.00M | -61.39M | -23.49M | 10.18M |
| Tangible Book Value Per Share | -81.82 | -81.82 | ||||
| Machinery | 1.31M | 1.31M | 1.13M | 1.30M | 1.23M | 1.12M |
| Leasehold Improvements | 243.00K | 243.00K | 213.00K | 520.00K | 598.00K | 272.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -119.79M | -119.79M | -39.76M | -87.45M | -81.59M | -13.03M |
| Depreciation & Amortization | 1.90M | 1.90M | 2.38M | 7.64M | 7.79M | 1.85M |
| Loss (Gain) From Sale of Assets | -4.60M | -4.60M | ||||
| Asset Writedown & Restructuring Costs | 44.74M | 44.74M | 653.00K | 15.26M | 23.36M | |
| Stock-Based Compensation | 3.19M | 3.19M | 2.07M | 7.12M | 10.52M | 5.90M |
| Other Operating Activities | 48.50M | 48.50M | 11.78M | 27.19M | 19.00K | -632.00K |
| Change in Accounts Receivable | 687.00K | 687.00K | 1.89M | 13.24M | -1.45M | -6.29M |
| Change in Inventory | 1.81M | -288.00K | -1.20M | |||
| Change in Accounts Payable | -2.50M | -2.50M | -1.59M | -3.44M | 544.00K | 8.88M |
| Change in Unearned Revenue | 63.00K | 63.00K | 70.00K | -824.00K | -186.00K | |
| Change in Other Net Operating Assets | -3.59M | -3.59M | 5.40M | 3.25M | 17.68M | -579.00K |
| Operating Cash Flow | -31.40M | -31.40M | -17.11M | -16.20M | -23.43M | -5.28M |
| Capital Expenditures | -33.00K | -33.00K | -84.00K | -297.00K | -6.03M | -453.00K |
| Cash Acquisitions | -12.02M | |||||
| Other Investing Activities | -100.00K | -100.00K | -368.00K | 2.43M | -520.00K | -3.51M |
| Investing Cash Flow | -133.00K | -133.00K | -452.00K | 2.14M | -6.55M | -15.98M |
| Short-Term Debt Issued | 32.88M | 32.88M | 19.82M | 15.23M | 1.78M | 615.00K |
| Total Debt Issued | 32.88M | 32.88M | 19.82M | 15.23M | 1.78M | 615.00K |
| Short-Term Debt Repaid | -6.54M | -6.54M | -4.97M | -1.21M | -376.00K | |
| Long-Term Debt Repaid | -1.00M | -1.00M | -1.02M | -1.71M | -2.06M | -1.08M |
| Lease Payments | -1.00M | -1.00M | -1.02M | -1.71M | -2.06M | -1.08M |
| Total Debt Repaid | -7.54M | -7.54M | -1.02M | -6.68M | -3.27M | -1.46M |
| Net Debt Issued (Repaid) | 25.34M | 25.34M | 18.80M | 8.54M | -1.50M | -840.00K |
| Issuance of Common Stock | 5.15M | 4.38M | 22.17M | 34.57M | ||
| Repurchase of Common Stock | -1.23M | |||||
| Other Financing Activities | -6.77M | -18.00K | 202.00K | |||
| Financing Cash Flow | 25.34M | 25.34M | 17.18M | 12.93M | 20.66M | 32.70M |
| Foreign Exchange Rate Adjustments | 4.87M | 4.87M | -51.00K | 667.00K | -659.00K | 1.27M |
| Net Cash Flow | -1.32M | -1.32M | -437.00K | -472.00K | -9.98M | 12.71M |
| Free Cash Flow | -31.43M | -31.43M | -17.19M | -16.50M | -29.46M | -5.73M |
| Free Cash Flow Margin | -99.27% | -99.27% | -58.16% | -38.68% | -58.92% | -19.41% |
| Levered Free Cash Flow | -196.00K | -196.00K | -4.31M | -8.53M | -4.48M | -12.15M |
| Unlevered Free Cash Flow | 12.91M | 12.91M | 3.13M | -4.25M | -3.71M | -12.10M |
| Free Cash Flow After Leases | -32.43M | -32.43M | -18.21M | -18.21M | -31.53M | -6.81M |
| Cash Income Tax Paid | 376.00K | 376.00K | 184.00K | 382.00K | 243.00K | |
| Change in Working Capital | -5.34M | -5.34M | 5.77M | 14.04M | 16.48M | 632.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 139.36K | 12.66M | 23.28M | 16.27M | ||
| Enterprise Value | 73.61M | 62.97M | 52.99M | 34.56M | ||
| Last Close Price | 0.11 | 145,498.18 | 2,587,177.00 | 8,136,483.00 | ||
| PS Ratio | 0.01 | 0.40 | 0.79 | 0.38 | ||
| PB Ratio | -0.11 | -0.29 | -0.32 | |||
| EV/Sales Ratio | 2.33 | 1.99 | 1.79 | 0.81 | ||
| EV/EBITDA Ratio | 3.50 | 3.00 | ||||
| EV/EBIT Ratio | 3.66 | 3.13 | ||||
| Debt / Equity Ratio | -0.65 | -0.65 | -0.50 | -0.56 | 2.26 | 0.35 |
| Debt / EBITDA Ratio | 3.42 | 3.42 | ||||
| Net Debt / Equity Ratio | -0.64 | -0.64 | -0.46 | -0.49 | 1.80 | 0.14 |
| Net Debt / EBITDA Ratio | 3.50 | 3.50 | -1.58 | -0.42 | -0.28 | -0.83 |
| Net Debt / FCF Ratio | -2.34 | -2.34 | -2.17 | -1.52 | -0.54 | -1.60 |
| Asset Turnover | 1.29 | 1.29 | 0.98 | 0.79 | 0.51 | 0.48 |
| Inventory Turnover | 25.09 | |||||
| Quick Ratio | 0.10 | 0.10 | 0.12 | 0.20 | 0.50 | 1.08 |
| Current Ratio | 0.12 | 0.12 | 0.17 | 0.25 | 0.57 | 1.31 |
| Return on Equity (ROE) | -216.04% | -40.71% | ||||
| Return on Assets (ROA) | 51.42% | 51.42% | -52.53% | -78.09% | -41.79% | -13.25% |
| Return on Capital Employed (ROCE) | -17.60% | -17.60% | 32.10% | 140.10% | -385.50% | -15.70% |
| Earnings Yield | -58,821.19% | -946.31% | -170.74% | -537.37% | ||
| FCF Yield | -15,434.14% | -248.30% | -73.84% | -101.39% |