Sekur Private Data Ltd

CSE: SKUR / OTCQX: SWISF / FRA: GDT0

Sekur Private Data offers cybersecurity and internet privacy solutions under the brand Sekur®. Sekur is a paid-email/instant messaging service provider aiming to capture a small share of traditional and free services such as Gmail, Yahoo! Mail and WhatsApp.

Exposure

Sekur is also planning to commence training programs for its distributor (Tasloko/Micronet) in Colombia, Panama, Peru, and Mexico. Tasloko has a network of 2,000 resellers.

Equity Report

Q4-2021 revenue was $81k, up 77% QoQ, beating our estimate by 32% due to stronger than expected growth in subscribers. We believe businesses operating with sensitive and confidential information (such as medical, financial, and real estate), and a segment of individuals (5% – 10%) are ideal targets for Sekur.

Market Overview

Sekur started generating revenue from Mexico in Q4. Partner, America Movil/Telcel (the largest mobile operator in Mexico with over 75M mobile subscribers), is planning a nationwide launch of SekurMessenger®

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