• Invoiced US$541K in the second quarter
• Implemented new Cyber Risk Radar contract with Major City in Southeastern US
• Won new Independent Cyber Governance Risk and Compliance Program and Radar contract with a U.S. Investment Firm

WhiteHawk Ltd, the first global online cyber security exchange, has provided an update on its progress for the second quarter of 2025. The company invoiced US$541K during the quarter and had US$379K in receivables as of June 30, 2025. Key highlights include the implementation of a new Cyber Risk Radar contract with a major city in the Southeastern US, worth US$92K in the base year, and the win of a new Independent Cyber Governance Risk and Compliance Program and Radar contract with a U.S. Investment Firm valued at US$77K. The company also reported progress on its existing contracts, including with a global social media platform company, an ASX 100 company, Cailabs U.S. subsidiary, and Georgetown University. Additionally, WhiteHawk is advancing its automated offerings, including the integration of the Australian Essential Eight compliance framework, and is partnering with CAUDIT to provide its Cyber Risk SaaS/PaaS products to their members in Australia. The company continues to manage expenses below planned budget, with net cash outflows from operations of US$385K in the quarter.

WhiteHawk continues to advance automated offerings to broaden its client reach and impact. The company is completing the integration of the Australian Essential Eight compliance framework into its platform and reporting, and is also advancing its AI/ML driven reporting to increase actionable data to clients. Additionally, the company is partnering with CAUDIT to provide its Cyber Risk SaaS/PaaS products to their members in Australia.