CORERO NETWORK SECURITY PLC

1. CORERO NETWORK SECURITY PLC 2011-06-29 → present
2. CORERO PLC 2007-02-27 → 2011-06-29
3. MONDAS PLC 1991-11-14 → 2007-02-27

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

MacIntyre Hudson LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On this basis, the Directors have therefore concluded that it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. CORERO NETWORK SECURITY PLC · parent
   1. Corero Network Security, Inc. 100% · USA · development and sale of appliance and software security products and solutions
   2. Corero Group Services Limited 100% · England and Wales · providing administration services to the Group
   3. Corero Network Security (UK) Limited 100% · England and Wales · sale of appliances and software security products and solutions, providing development and marketing services on behalf of Corero Network Security, Inc.

Significant events

• “Commenced trading on the US OTCQB Venture Market (OTCQB: DDOSF) in January 2024.”
• “Announced strategic Latin American partnership with TechEnabler in February 2024.”
• “Launched AI-assisted Corero DDoS Intelligence Service in March 2024.”
• “Announced US partnership with TierPoint, agreeing $1.8m contract over 3 years in April 2024.”
• “Signed $1m contract renewal and expansion with DigitalOcean in April 2024.”
• “Secured orders of >$8m in Q1 2024.”
• “Announced key customer win in the Middle East with stc Bahrain in July 2024.”
• “Delivered contract win with Everstream, a leading US fibre connectivity services provider in August 2024.”
• “Launched Corero Observability & Resiliency Ecosystem ('CORE') in September 2024.”
• “Upgraded to OTCQX from OTCQB Venture Market in October 2024.”
• “Secured contract with Brazil's Forte Telecom, worth $1.2m across 3 years in December 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

4

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +9.9%

  £16,567,087 → £18,205,337

• Cash

  +3.1%

  £3,825,056 → £3,944,403

• Net assets

  +11.5%

  £12,406,968 → £13,835,434

• Employees

  +14.5%

  76 → 87

• Operating profit

  +3,174.9%

  -£11,861 → £364,715

• Profit before tax

  +462.7%

  -£113,417 → £411,416

• Wages

  +8.4%

  £9,409,933 → £10,198,666

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers