CynergisTek, Inc. (CTEK) - Financial and Strategic SWOT Analysis Review

October 2021 | 48 pages | ID: C4DB0BD47D0EN
GlobalData

Abstracts

CynergisTek, Inc. (CTEK) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

• Business description – A detailed description of the company’s operations and business divisions.
• Corporate strategy – Analyst’s summarization of the company’s business strategy.
• SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
• Company history – Progression of key events associated with the company.
• Major products and services – A list of major products, services and brands of the company.
• Key competitors – A list of key competitors to the company.
• Key employees – A list of the key executives of the company.
• Executive biographies – A brief summary of the executives’ employment history.
• Key operational heads – A list of personnel heading key departments/functions.
• Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
• Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
• Interim ratios for the last five interim periods – The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

CynergisTek, Inc. (CynergisTek) formerly Auxilio Inc, provides cybersecurity and information technology consulting services to the healthcare industry. The company focuses on specialized services and solutions to help organizations achieve security, privacy, compliance, and document output goals. Its major services include medical device security, compliance advisory services, compliance assessments, professional and managed privacy services, privacy assessments, incident response services, managed security services, medical device security, managed security services professional security services and security testing and assessments. CynergisTek is headquartered in Austin, the US.

CynergisTek, Inc. Key Recent Developments

Aug 16,2021: CynergisTek Reports Improved Second Quarter 2021 Financial Results
Aug 13,2021: CynergisTek Expands Expertise in Capital Markets, Investment Banking and Corporate Governance on its Board of Directors
Aug 12,2021: Backbone Consultants enters new agreement with multi-hospital academic health system to perform third-party audit certification
Aug 10,2021: CynergisTek adds another new client in the Mid-Atlantic for security consulting and staffing
Aug 06,2021: CynergisTek expands footprint in the Southern United States with multiyear managed service contract with another large health system

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.

• The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.

Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.

• The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.

Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.

• Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.

Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.

• Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.

Gain key insights into the company for academic or business research.

• Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.

Note: Some sections may be missing if data is unavailable for the company

Contents

SECTION 1 - ABOUT THE COMPANY

CynergisTek, Inc. - Key Facts
CynergisTek, Inc. - Key Employees
CynergisTek, Inc. - Key Employee Biographies
CynergisTek, Inc. - Major Products and Services
CynergisTek, Inc. - History
CynergisTek, Inc. - Company Statement
CynergisTek, Inc. - Locations And Subsidiaries
Head Office
Other Locations & Subsidiaries

SECTION 2 – COMPANY ANALYSIS

Company Overview
CynergisTek, Inc. - Business Description
Product Category: Consulting and Professional Services
Overview
Performance
Product Category: Managed Services
Overview
Performance
CynergisTek, Inc. - Corporate Strategy
CynergisTek, Inc. - SWOT Analysis
SWOT Analysis - Overview
CynergisTek, Inc. - Strengths
CynergisTek, Inc. - Weaknesses
CynergisTek, Inc. - Opportunities
CynergisTek, Inc. - Threats
CynergisTek, Inc. - Key Competitors

SECTION 3 – COMPANY FINANCIAL RATIOS

Financial Ratios - Capital Market Ratios
Financial Ratios - Annual Ratios
Performance Chart
Financial Performance
Financial Ratios - Interim Ratios
Financial Ratios - Ratio Charts

SECTION 4 – COMPANY’S RECENT DEVELOPMENTS

Aug 16, 2021: CynergisTek Reports Improved Second Quarter 2021 Financial Results
Aug 13, 2021: CynergisTek Expands Expertise in Capital Markets, Investment Banking and Corporate Governance on its Board of Directors
Aug 12, 2021: Backbone Consultants enters new agreement with multi-hospital academic health system to perform third-party audit certification
Aug 10, 2021: CynergisTek adds another new client in the Mid-Atlantic for security consulting and staffing
Aug 06, 2021: CynergisTek expands footprint in the Southern United States with multiyear managed service contract with another large health system
Jul 26, 2021: CynergisTek, Inc. Announces the Return of Mac McMillan as CEO and President to Lead Next Phase of Growth
Dec 08, 2020: CynergisTek announces Cybersecurity expansion agreement across nationally recognized university system
Nov 19, 2020: CynergisTek launches new service to better manage risk of APIs and navigate new interoperability rules
Nov 12, 2020: CynergisTek reports third quarter 2020 financial results
Oct 07, 2020: New client Fairview health services selects Cynergistek for proactive approach to security

SECTION 5 – APPENDIX

Methodology
Ratio Definitions
About GlobalData
Contact Us
Disclaimer

List Of Tables

LIST OF TABLES

CynergisTek, Inc., Key Facts
CynergisTek, Inc., Key Employees
CynergisTek, Inc., Key Employee Biographies
CynergisTek, Inc., Major Products and Services
CynergisTek, Inc., History
CynergisTek, Inc., Subsidiaries
CynergisTek, Inc., Key Competitors
CynergisTek, Inc., Ratios based on current share price
CynergisTek, Inc., Annual Ratios
CynergisTek, Inc., Annual Ratios (Cont...1)
CynergisTek, Inc., Annual Ratios (Cont...2)
CynergisTek, Inc., Interim Ratios
Currency Codes
Capital Market Ratios
Equity Ratios
Profitability Ratios
Cost Ratios
Liquidity Ratios
Leverage Ratios
Efficiency Ratios

List Of Figures

LIST OF FIGURES

CynergisTek, Inc., Performance Chart (2016 - 2020)
CynergisTek, Inc., Ratio Charts