Tego Cyber Stock Price, News & Analysis

Tego Cyber Inc. (OTCQB:TGCB) reported its Q1 fiscal 2022 results, ending September 30, 2021. The company, focused on proactive cyber threat intelligence, announced the commercial launch of its Tego Guardian platform integrated with Splunk SIEM. Although revenues were $0 this quarter, down from $2,900 in Q1 2021, operating expenses surged to $442,996 from $80,662 due to increased business activities. A net loss of $472,211 was recorded, a significant rise from last year. Cash reserves stand at $1.5 million, ensuring operational sustainability for at least one year.

Tego Cyber Inc. (OTCQB:TGCB) has initiated development of its threat intelligence application for integration with the Elastic Security SIEM platform, expanding its market reach. This follows the successful launch of Tego Guardian on the Splunk platform in October 2021. The company aims to create versions of Tego Guardian for the top 10 SIEM platforms within two years, starting with Elastic, which serves over 16,000 paying subscribers, including 34% of the Fortune 2000. Tego Guardian offers advanced data enrichment to cybersecurity teams, streamlining threat analysis.

Tego Cyber Inc. (OTCQB:TGCB) has announced an expansion of its sales and marketing initiatives following the successful launch of its Tego Guardian app. The company aims to target existing Splunk SIEM users, focusing on Fortune 2000 enterprises. Tego will enhance its internal sales team and establish a channel partner program to collaborate with cybersecurity consultants. The Tego Guardian app integrates seamlessly with Splunk SIEM, expected to attract over 15,000 clients. Tego also plans future versions compatible with leading SIEM platforms like Elastic and IBM QRadar.

Tego Cyber Inc. (OTCQB:TGCB) has launched the Tego Guardian, a threat intelligence platform integration app for the Splunk SIEM system. This app allows cybersecurity teams to gain enriched data regarding potential threats, automating processes that previously required manual analysis. Available for download on Splunkbase, the app will operate on a subscription model with annual licensing fees. Tego aims to extend its app's integration to other prominent SIEM platforms in the coming years. The launch marks a significant milestone, transitioning Tego into a revenue-generating phase.

Tego Cyber Inc. (OTCQB:TGCB) will present virtually at the LD Micro Main Event on October 14, 2021, at 7:30 AM PDT. This three-day investor conference runs from October 12th to 14th and features around 150 companies. Tego Cyber specializes in cyber threat intelligence solutions, integrating with major security platforms. Their flagship, Tego Threat Intelligence Platform (TTIP), delivers timely threat data to enhance network security. For registration, visit here.

Tego Cyber Inc. (OTCQB:TGCB) is set to present at the MicroCap Rodeo Fall Harvest - Best Ideas conference from October 5-8, 2021. CEO Shannon Wilkinson will deliver the presentation on October 5 at 9:30 AM Eastern Time, which will be streamed live and available for replay. The conference showcases 36 companies recommended by institutional investors. Tego Cyber focuses on proactive cyber threat intelligence, utilizing its Tego Threat Intelligence Platform (TTIP) to deliver timely and relevant threat data to enterprises.

Tego Cyber Inc. (TGCB) announced significant progress in beta testing its Tego Threat Intelligence Platform (TTIP), which is nearing a commercial launch. The application, designed to integrate with Splunk SIEM, aims to provide detailed threat analysis for enterprise networks. Financially, Tego reported revenues of $8,100 for FY 2021, marking growth from $2,325 in FY 2020. However, net losses also increased to $923,180 compared to $77,202 in the previous year. The company has over $1.4 million in cash and has eliminated long-term debt.

Tego Cyber Inc. (OTCQB:TGCB) has signed a Master Services Agreement with IONnovate, LLC to enhance the development of its Tego Threat Intelligence Platform. This partnership aims to expedite the integration of the platform with 10 SIEM solutions over the next two years. The agreement follows a successful pilot program, emphasizing the importance of local talent in Las Vegas. The Tego platform is designed to proactively analyze threats and assist cybersecurity teams in prioritizing actions against them. CEO Shannon Wilkinson expressed optimism over customer feedback and market response.

Tego Cyber Inc. (OTCQB:TGCB) announced that CEO Shannon Wilkinson will present at the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. The presentation will be available on-demand starting September 13 at 7:00 AM ET. Attendees can access the webcast here or via the company's investor relations page. Tego Cyber specializes in cyber threat intelligence solutions, including the Tego Threat Intelligence Platform (TTIP), which integrates with leading security platforms like SPLUNK to deliver real-time threat data.