Israeli syber company "Kape" increased it's profit by 28% to $ 10.4 million

The company Kape, controlled by Teddy Sagi, recorded a 28% increase in operating profit last year, totaling $ 10.4 million, according to the company's final results for 2018. The company's revenues grew by 4% to $ 52 million.
Cape is traded on the London Stock Exchange at a market value of NIS 680 million and holds NIS 150 million of cash, intended for continued development and future acquisitions.
Cape operates in the cyberspace that grows and protects the privacy of surfers through CyberGhost. In the past year, the number of subscribers has tripled to 830,000 in 160 countries. The company has 350 employees operating in seven locations around the world, including London, Berlin, Bucharest and an Israeli center with 40 employees at the Azrieli Tower in Tel Aviv.
According to Ido Erlichman, CEO of Kape, the company's profit spurt is the result of the early completion of integration between Intego and ZenMate, focusing on the company's core operations.
According to estimates, the company's revenues will reach $ 77 million this year, an additional 48% increase.