CYCU
Cycurion, Inc.
$0.58
▼ -3.53%$0.58▼ -94.33%
over 1Y
L $0.58H $14.32
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-3.5%
1W-1.4%
1M-35.1%
3M-46.8%
YTD-80.3%
1Y-94.3%
Avoid
Conviction
Horizon
Long (>12mo)
Street · 7 analysts
Buy
Shrinking-revenue micro-cap de-SPAC bleeding $24M on $15M sales, EPS -$13.39, now chasing a crypto-treasury pivot — uninvestable.
Revenue $15.1M · FY2025
Cycurion is a $3.2M-market-cap federal-cybersecurity roll-up whose numbers are moving the wrong way on every axis. FY2025 revenue fell 14.8% to $15.1M — the second straight annual decline from $19.4M in FY2023 — while gross profit collapsed 55.6% to $1.61M, crushing gross margin to a services-implausible 10.7%. The company swung from a $1.23M profit in FY2024 to a $23.7M net loss, an operating margin of -154.7% and ROE of -117.7%. This is not a growth story hitting a bump; it is a shrinking contractor whose cost base and one-time charges dwarf its revenue.
The balance sheet and cash flow confirm the stress. Operating cash flow was -$12.1M against just $5.26M of cash, and current liabilities of $16.9M exceed current assets of $8.00M (current ratio ~0.47) — a working-capital hole that implies further dilution or debt to survive the next year. Reported equity of $20.1M leans on intangibles/goodwill from acquisitions (total assets $33.5M) and a -$26.9M accumulated deficit. The 82.5% drop in share count to 5.51M points to a large reverse split around the de-SPAC, which is why diluted EPS reads -$13.39; that is a cosmetic fix, not a fundamental one.
Is CYCU a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBear put spread (caution)~90d expiry
- Long put 0.5 @ ~0.07 est
- Short put 0.5 @ ~0.07 est
debit $0max +$0max $0
AVOID means we wouldn't engage at all — if expressing the short side anyway, only with capped risk.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | — | $19.4M | $17.8M | $15.1M |
| Gross profit | — | $2.64M | $3.63M | $1.61M |
| Operating income | -$2.02M | $326K | $2.42M | -$23.4M |
| Net income | -$701K | -$2.10M | $1.23M | -$23.7M |
| Diluted EPS | — | -$0.14 | $1.66 | -$13.39 |
| Net margin | — | -10.8% | 6.9% | -156.4% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$1.16M
EV / EBITDA—
EV / Sales0.1
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-381.1%
FCF yield-202.0%
Quality & risk
ROIC (est.)-91.1%
Free cash flow-$12.5M
Total debt$204K
Net cash$5.05M
Altman Z-Score-3.09 distress
Piotroski F-Score2/8
Capital returns
Buyback yield16.1%
Dividend yield (est.)—
Shareholder yield16.1%
Shares Δ YoY-82.5%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has skewed negative — read the flagged items.
- S-1 Securities registration2026-07-02
New S-1 registers shares for sale/resale — added dilution overhang on 5.5M-share float
- 8-K Other event2026-07-01
Issued a corporate/business update press release (Item 8.01) with no financial detail
- 8-K Material agreement2026-06-30
Proxy for shareholder meeting — routine votes on directors/auditors/proposals
- DEF 14A Proxy statement2026-06-30
Proxy for shareholder meeting — routine votes on directors/auditors/proposals
- 8-K Other event2026-06-16
Other-events press release (8.01) — announcement without financial disclosure
- 8-K Material agreement2026-06-09
New material agreement plus charter amendment (5.03) — likely share/authorization change
- 10-K/A Restated periodic report2026-06-08
Amended FY2025 10-K — restated/added disclosures to the annual report
- 8-K Material agreement2026-06-04
Unregistered equity sale (3.02) + charter amendment — dilutive financing for cash-strapped firm
- 8-K Officer / director change2026-06-02
Officer/director change (5.02) with Reg FD disclosure — leadership transition
Recent filings
all on EDGAR ↗S-1Filing2026-07-02open ↗8-KPeriod ending 2026-06-292026-07-01open ↗8-KPeriod ending 2026-06-242026-06-30open ↗DEF 14APeriod ending 2026-06-302026-06-30open ↗PRE 14APeriod ending 2026-06-172026-06-17open ↗8-KPeriod ending 2026-06-152026-06-16open ↗8-KPeriod ending 2026-06-032026-06-09open ↗PRE 14APeriod ending 2026-06-082026-06-08open ↗10-K/APeriod ending 2025-12-312026-06-08open ↗8-KPeriod ending 2026-05-292026-06-04open ↗8-KPeriod ending 2026-05-282026-06-02open ↗8-KPeriod ending 2026-05-212026-05-29open ↗
Frequently asked
- Is Cycurion, Inc. (CYCU) a buy?
- CYCU currently carries a Avoid rating with 5/5 conviction, derived from its latest SEC filings. Shrinking-revenue micro-cap de-SPAC bleeding $24M on $15M sales, EPS -$13.39, now chasing a crypto-treasury pivot — uninvestable.
- What is Cycurion, Inc.'s quality score?
- CYCU scores 42.243601875178506/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001868419, latest 10-Q filed 2026-05-14) · EODHD · Proprietary analysis · as of 7/4/2026, 9:51:23 AM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 4, 2026, 5:51 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.