Replies to post #125350 on Savvy Trades and Investments

[2morrowsGains]

CLMB...Darktrace announced what looks to be a NICE acquisition last week...

AI cybersecurity firm Darktrace’s acquisition of network specialist Mira targets industry blind spot as encrypted traffic creates monitoring challenges
https://cybermagazine.com/news/mira-security-darktraces-plan-to-tackle-the-encryption-gap

Climb (CLMB) signed a distribution agreement w/ Darktrace in April this year...
https://finance.yahoo.com/news/combatting-cyber-threats-ai-darktrace-110000190.html

On the surface this may look like just another agreement, but when you do a little digging, you'll see this is turning out to be a HUGE opportunity (including Darktrace's recent acquisition of Mira Security) for Climb.

Here is some transcript from CLMB's 05/01/2025 cc regarding Darktrace...

I'd like to quickly highlight one of these wins. Climb signed a contract with Darktrace mid-quarter. Darktrace is a cybersecurity company that utilizes artificial intelligence to detect and respond to cyber threats. Their AI-powered technology allows them to identify threats that traditional systems may miss such as insider attacks, latent vulnerabilities and cloud-based threats.
While their technology is excellent, I'm even more encouraged by the initial interaction between our sales teams and a quickly growing pipeline that has already topped $30 million in potential gross billings.

From the Q&A...
I mentioned Darktrace and we kicked off April 1 with them. And it's a relationship and I'll kind of share with the entire group, and that is some of these relationships take a long time to develop to get to the place where you do a contract. And then once you get to a contract to actually start executing. I was talking to Charles, our Alliance Chief. And we looked at our first time we talked to them was over 2 years ago. We got serious with them in June of last year. And here, we're just launching April 1 of this year.
So the bigger vendor, the more opportunities, the longer it takes. We want to make sure we get it right.
During that time, Darktrace got bought by Thoma Bravo.
So delayed some things, but we're super excited about our pipeline is growing very quickly with them.
And I mentioned, I think, in one of the questions we had, and maybe it was your question last time, Vince, as far as, hey, what really gets you guys to the next level, and it's really adding.
We have 3 large vendors. We want to get 10 large vendors that really will help us in our effective margin as that drop through and get more efficient with them. And Darktrace, we believe, is going to be one of the -- they'll probably be a strong #3 or 4 by this time next year.
https://capedge.com/transcript/945983/2025Q1/CLMB

[2morrowsGains]

CLMB...↗️👍Earnings in...Climb knocks it out of the ballpark!!!...
Climb Global Solutions Reports Second Quarter 2025 Results

Climb Global Solutions, Inc.
Net Sales up 73% to $159.3 Million; Net Income up 74% to $6.0 Million or $1.30 per Share; Adjusted EBITDA (non-GAAP) up 64% to $11.4 Million

EATONTOWN, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, is reporting results for the second quarter ended June 30, 2025.

Second Quarter 2025 Summary vs. Same Year-Ago Quarter

Net sales increased 73% to $159.3 million.

Net income increased 74% to $6.0 million or $1.30 per diluted share.

Adjusted net income (a non-GAAP financial measure defined below) increased 68% to $6.4 million or $1.39 per diluted share.

Adjusted EBITDA (a non-GAAP financial measure defined below) increased 64% to $11.4 million.

Gross billings (a key operational metric defined below) increased 39% to $500.6 million. Distribution segment gross billings increased 40% to $477.0 million, and Solutions segment gross billings increased 19% to $23.5 million.
https://finance.yahoo.com/news/climb-global-solutions-reports-second-200500933.html