Tesserent gets revenue boost

March 02, 2022 • In The Media
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Cyber security specialist Tesserent has posted earnings of $4.6 million from revenue of $43.9 million following the integration of the company’s recent swathe of acquisitions and investments.
Chris Player, CRN

In the last year, the company acquired or invested in six companies including Secure Logic, Loop Secure, Daltrey, Pearson Corp and Claricent. It made acquisitions of three businesses, across public and private sector consulting services, managed services and software development.

During the half-year ended 31 December 2021, the company reported a total sales turnover of $62.9 million, statutory revenue of $43.9 million and operational earnings of $4.6 million. Growth in earnings (EBITDA) was 105 percent for the current quarter and 116 percent for the first half of the financial year over the first half of the last financial year.

The company was also the recipient of the Editorial Award in the 2021 CRN Fast50 for outstanding growth through acquisition.