CyanConnode Holdings plc (CYAN.L) Research

Headquartered in Cambridge, UK, CyanConnode Holdings plc, established in 2002 and known as Cyan Holdings plc until its name change in November 2016, specializes in the development and sale of Narrowband radio frequency (RF) mesh networks. These networks are engineered to enable comprehensive Internet of Things (IoT) communications, providing wireless connectivity solutions for applications like smart metering, lighting, and general IoT devices across the United Kingdom, India, Sweden, Thailand, and other international markets. The company's Narrowband RF mesh technology is highly adaptable, supporting multi-application networks that can interface with a wide array of devices, including gas, water, and electricity meters, alongside street and traffic lighting systems. Key offerings include Omnimesh, a standard-compliant smart metering solution, and the Omni IoT platform, which delivers versatile multi-network and multi-application IoT capabilities.

Market snapshot

Symbol
CYAN.L
Price
$8.30
Day change
-5.14%
Market cap
$29.2M
P/E ratio
-6.22x
52-week range
5.75-9.5
Sector
Technology
Industry
Communication Equipment
Next earnings
in 1 month

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