Kape Technologies plc
Analysts
Company Description
Kape Technologies is a cyber security company focused on digital privacy and protection. Kape develops and distributes a variety of software products in the online security space, utilising its proprietary digital distribution technology to optimise its customer reach and create a superb user experience. The company offers products that provide online security, privacy and optimal online experience. The acquisitions of virtual private network provider Private Internet Access in December 2019 and Webselenese in 2021 were both transformational and significantly earnings-enhancing deals for the group. The latter provides Kape with a new way to reach customers and a deep understanding of driving readers to security-related content across the web.
Investment Summary
The highly significant and transformational acquisition of PIA accelerated Kape's strategy and transported its quest to become a world leader in digital privacy to a new level. It is benefitting from a significantly enhanced pool of R&D talent with the addition of PIA's market-leading development team. The Webselenese acquisition gives Kape a competitive advantage and augments the group's go-to-market capabilities and product development roadmap. It brings infrastructure that will create a strengthened organic online presence and should drive organic growth across the business. The launch of CyberGhost's first unified privacy and security suite during 2020 was also a key moment for Kape, in our view. We continue to expect strong growth, fuelled by the enlarged group's significant opportunities for organic growth.
Recent Content

Charging forward into 2023
17/01/2023 Kape Technologies plc
Kape’s trading update for the year ended 31 December 2022, issued today, shows that it has been a […]

The growth charge continues
12/09/2022 Kape Technologies plc
Kape’s Interim Results for the 6 months to 30 June published today follow the Trading Update in July […]

Trading update – more (and more) positive news
19/07/2022 Kape Technologies plc
Today’s trading update for the six months to 30 June shows FY22 has started well, with expected H1 […]

Executing against key objectives
16/06/2022 Kape Technologies plc
Today’s AGM statement confirms that, with strong trading so far this year, Kape is on track to deliver […]

Delivery, transformation and opportunity
24/03/2022 Kape Technologies plc
Kape announced strong results for the year to 31 December 2021, having already updated the market on the […]

Strong end to year leads to a 6% revenue beat
18/01/2022 Kape Technologies plc
Kape has published a short trading update for the year to December 2021; 12 months dominated by M&A, […]

Peer company valuation read-across
27/10/2021 Kape Technologies plc
We note that one of Kape’s peers, a US-based cyber security player named Aura, has raised a significant […]
Progressive in conjunction with Mello Events, presents the management team of Kape Technologies
21/09/2021

Taking the Express path to global leadership
21/09/2021 Kape Technologies plc
Kape recently announced the transformational acquisition of ExpressVPN and its interim results today show that the Group has […]

Strong H1 as Kape gathers further momentum
20/07/2021 Kape Technologies plc
Kape’s trading update for the first half of its current financial year confirms that the Group continues to […]

New debt facility underpins growth strategy
28/05/2021 Kape Technologies plc
Kape has secured new three-year bank facilities totalling U$220 million with six banks, three of which had provided […]

A strong start to FY 2021E keeps Kape on track
24/05/2021 Kape Technologies plc
Kape’s recent AGM statement confirmed a strong start to FY 2021E for the Group reflecting resilient demand for […]

Strong progress, significant growth prospects
17/03/2021 Kape Technologies plc
Following another excellent year for the Group, Kape’s FY 2020 revenue and adjusted EBITDA are in line with […]

Webselenese – a key strategic acquisition
08/03/2021 Kape Technologies plc
Kape has announced another transformational and accretive acquisition – this one is set to significantly accelerate organic growth […]

EBITDA ahead on strong financial performance
19/01/2021 Kape Technologies plc
Kape has issued a trading update for what was a very productive year for the Group and in […]