Vmbook Online ordering

Icons

**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

    Icons database-lock