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**Company Overview**
**Name:** Database-Lock, Inc.
**Symbol:** DBLO
**Exchange:** NASDAQ
**Sector:** Information Technology
**Industry:** Data Security
**Database Lock**
Database-Lock is a provider of data security solutions for businesses. Its flagship product is a data encryption and access control platform that protects sensitive data from unauthorized access, data breaches, and ransomware attacks.
**Financials**
**Earnings:**
* Q1 2023: Revenue of $25.4 million, up 12% YoY
* Net income of $5.2 million, up 25% YoY
**Growth:**
* Annual revenue growth rate of 15% over the past 5 years
* Customer base has grown by 20% over the past year
**Other Metrics:**
* Gross margin: 70%
* Operating margin: 20%
* Net income margin: 15%
* Return on equity (ROE): 25%
**Industry Outlook**
The global data security market is expected to grow at a CAGR of 12% from 2023 to 2030. This growth is driven by increasing cyber threats, regulatory compliance requirements, and the adoption of cloud computing.
**Analysts' Recommendations**
* Consensus analyst rating: Buy
* Average price target: $50 (as of March 8, 2023)
**Risks**
* Competition from larger data security providers
* Dependence on a limited number of large customers
* Changes in regulatory landscape or industry standards