In this interview, Dan Ridsdale speaks to Carl Herberger, CEO of Corero Network Security. Carl discusses the performance of the business over H125 and the marked transition currently being seen as customers move to purchasing the subscription distributed denial-of-service (DDoS) protection as a service option, as opposed to a traditional capex purchase of perpetual licences. This is an important and favourable evolution for the business, creating a more resilient recurring revenue stream that will create a much-reduced risk profile for the business longer term. Momentum in this transition drove a more than 25% y-o-y increase in annual recurring revenue (ARR) as of June 2025. Carl also discusses some of Corero’s key new product releases that are expanding the company’s addressable market opportunity. This should allow continued market share gains, supporting attractive ARR growth that continues to exceed the already attractive industry growth. Corero Network Security (AIM: CNS, OTCQX: DDSOF) is a leading provider of real-time, adaptive DDoS attack detection and mitigation solutions, protecting organisations against external and internal threats and ensuring an ability to continually operate web-based services.

In this interview, Dan Ridsdale speaks to Chris Goulden, CFO of Corero Network Security. Chris discusses how the company delivered robust FY24 results while implementing a significant strategic transformation. He highlights Corero’s shift to a software-led model, strong customer retention and the launch of its new CORE platform to expand its addressable market. Chris mentions the importance of strategic partnerships, including renewed momentum with Juniper Networks, and outlines the growth plans focused on geographic expansion and targeting competitor renewals. Lastly, he discusses how a rapidly evolving distributed denial-of-service (DDoS) threat landscape, with some attack types growing by 400% y-o-y, is expected to drive growth in the market for DDoS protection from c $4bn in 2023 to $9bn by 2030. Corero Network Security (AIM:CNS, OTCQX:DDSOF) is a leading provider of real-time, adaptive distributed denial-of-service attack detection and mitigation solutions, protecting organisations against external and internal threats and ensuring an ability to continually operate web-based services.