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BALCAO · SERVICES-COMPUTER PROCESSING & DATA PREPARATION · SMALL CAP

SideChannel, Inc. SDCH

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$7.4M
▼ 0.7% YoY
$-892,000

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

SideChannel is a cybersecurity advisory services and software company. Our mission is to make cybersecurity simple and accessible for mid-market and emerging companies, a market that we believe is currently underserved. As of September 30, 2025, we had 23 full-time employees. The Company was originally incorporated in the State of Texas on June 22, 1953, as American Mortgage Company. Effective August 27, 2014, the Company changed its name to Cipherloc Corporation (“Cipherloc”) after it began engaging in cybersecurity software development.

Written from the business description in SideChannel, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 December 2025. Every sentence was checked against that document before publication.

Growth

USD 7.4M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 7.4 · Net income -0.9
3M6M-5M-10M
2009201220152018202120242025
Compound annual growth
+15.4%
+173.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +173.6% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−12 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -12.5% · Net -12.1%
-5000%-10000%
200920172025
ROE
FY2025 · ROE -36.8%
50%100%150%-100%-200%
200920172025
Three returns, three denominators.
Gross margin47.7%
Operating margin-12.5%
Net margin-12.1%
EBITDAUSD -902,000.00

Each USD of equity lost 37 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF 0.3
-2.5M-5.0M
200920172025
Net buybacks $M Dividends $M
FY2021 · Dividends · · Net buybacks -8.5
-3M-6M
20202021

Total assetsUSD 3.5M
EquityUSD 2.1M
CashUSD 1.1M
DepositsUSD 424,000.00
Current ratio1.58×

Equity funds 62% of total assets.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
SDCH, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.00.00.00.00.00.00.00.00.00.0◌0.00.00.0◌◌◌
Operating income $B−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0◌
EBITDA $B−0.0−0.0◌◌◌−0.0−0.0−0.0−0.0−0.0◌◌◌◌◌◌◌
Income tax $B0.00.0−0.00.0◌◌◌◌◌◌0.00.0◌◌◌◌◌
Net income $B−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0
Free cash flow $B◌0.0−0.0◌◌−0.0−0.0−0.0−0.0−0.0◌◌◌◌◌◌◌
EPS, diluted $0.000.00−0.04−0.14−0.05−0.18−0.17−0.20−0.71−0.56−4.43−1.150.000.000.00◌◌
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————————
ROE %−36.8−31.5−112.8−239.8160.1−188.3−64.6—————−102.7————
Shares out B0.230.230.210.150.060.000.040.040.010.010.000.000.210.180.180.17◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Five checks were skipped: revenue is not tagged before 2012. Three checks were skipped: EPS is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Computer Processing & Data Preparation
Listed onOTC market
Incorporated inDelaware
Fiscal year endsSeptember 30
SEC categorysmaller reporting company
Data on record since2009

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