Hub Cyber Security Ltd.

Analysis for Ticker: HUBC

Hub Cyber Security Ltd is an Israeli company specializing in Confidential Computing and secure data infrastructures for government, finance, and healthcare sectors. While the company sells high-tech security, the internal math reveals a machine built to burn cash while executives took money for themselves. Between 12/2022 and 12/2023, the company lost over 166$ million while the former chief executive officer and his wife used the company bank account like a personal wallet to renovate their private home. It is like a piggy bank that stays empty because the people who own it keep spending the money on themselves, while the bank they borrow from takes a larger piece of the house every day until the owners have nothing left. This math is a disaster because the company is forced to print millions of new shares just to pay back old debts, leaving the original shareholders with almost no value.