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

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    SWOT Analysis

  • 49 Pages
  • December 2022
  • GlobalData
  • ID: 1290564
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 the publisher 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, managed security services, incident response 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

Jun 07, 2022: World-class pediatric healthcare system signs six-figure contract With CynergisTek for risk assessment services
May 16, 2022: CynergisTek Files First Quarter 2022 Financial Results
Apr 28, 2022: CynergisTek launches new continuous risk monitoring program (CRMP) and signs first six-figure contract With Southeastern Hospital
Apr 07, 2022: World-Renowned Children’s hospital adds new six-figure contract for CynergisTek’s red team and remediation support services

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

Table of 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 - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts
Section 4 - Company’s Recent Developments
  • Jun 07, 2022: World-class pediatric healthcare system signs six-figure contract With CynergisTek for risk assessment services
  • May 16, 2022: CynergisTek Files First Quarter 2022 Financial Results
  • Apr 28, 2022: CynergisTek launches new continuous risk monitoring program (CRMP) and signs first six-figure contract With Southeastern Hospital
  • Apr 07, 2022: World-Renowned Children’s hospital adds new six-figure contract for CynergisTek’s red team and remediation support services
  • Mar 31, 2022: CynergisTek expands relationship with nationally ranked pediatric hospital to include six-figure contract for professional consulting and advisory support
  • Mar 24, 2022: CynergisTek Reports Fourth Quarter and Full Year 2021 Financial Results
  • Dec 23, 2021: CynergisTek signs six-figure extension contract with nationally ranked hospital
  • Dec 07, 2021: CynergisTek announces contract renewal for patient privacy monitoring services with expansion to 5 years
  • Dec 01, 2021: Regional multi-service health system signs new six-figure agreement with CynergisTek for cybersecurity services
  • Nov 18, 2021: CynergisTek announces Northeast health system expands relationship with addition of medical Device security services
Section 5 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Publisher
  • Contact the Publisher
  • Disclaimer
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., Annual Ratios
  • CynergisTek, Inc., Interim Ratios
  • Currency Codes
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios
List of Figures
  • CynergisTek, Inc., Performance Chart (2017 - 2021)
  • CynergisTek, Inc., Ratio Charts

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • TD SYNNEX Corp
  • Synchronoss Technologies Inc
  • McKinsey & Co Inc
  • Konica Minolta Inc
  • Fortified Health Security
  • Dell SecureWorks, Inc.
  • Accenture Plc