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Alarum Technologies Ltd (ALAR) delivers innovative internet security solutions for enterprises and consumers worldwide. This dedicated news hub provides investors and industry professionals with direct access to verified company announcements and market developments.
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Alarum Technologies (NASDAQ: ALAR) reported strong financial results for Q4 and full year 2024, marking a successful strategic shift to data collection solutions. The company achieved record revenue of $31.8 million in 2024, a 20% increase year-over-year, with Q4 revenue reaching $7.4 million.
Key financial highlights include:
- 2024 net profit of $5.8 million (vs loss of $5.6M in 2023)
- Adjusted EBITDA of $9.4 million (vs $5.2M in 2023)
- Cash and liquid investments of $25 million at year-end
- Operating cash flow up 93% to $8.9 million
The company's web data collection business, NetNut, grew 45% year-over-year to $30.9 million in 2024. For Q1 2025, Alarum projects revenue of $7.3 million (±3%) and Adjusted EBITDA between $0.8-1.2 million. The company is actively engaging in AI model training trial projects with major global companies, including one of the world's largest online marketplace corporates.
Alarum Technologies (Nasdaq, TASE: ALAR), a global provider of web data collection solutions, has scheduled its Q4 and Full Year 2024 financial results release for March 20, 2025, before Nasdaq market opening.
The company will host a conference call at 8:30 a.m. ET on the same day, featuring CEO Shachar Daniel and CFO Shai Avnit, who will discuss financial results and business outlook, followed by a Q&A session.
Participants can join via:
- US toll-free: 1-877-407-0789
- International: +1 201 689 8562
- Israel Toll Free: 1 809 406 247
Alarum Technologies reported strong Q3 2024 results with revenues of $7.2 million, reaching the top end of guidance. The company achieved a record net profit of $4.2 million and Adjusted EBITDA of $1.4 million, exceeding guidance. NetNut revenues grew 63% year-over-year in the first nine months of 2024, surpassing full-year 2023 figures. The company ended the quarter with $24.0 million in cash and equivalents. For Q4 2024, Alarum projects revenues of $7.5 million ±3% and Adjusted EBITDA between $1.3-1.7 million.
Alarum Technologies (Nasdaq, TASE: ALAR), a global provider of internet access and web data collection solutions, will announce its third quarter 2024 financial results on November 25, 2024, before Nasdaq market opens. The company will host a conference call at 8:30 a.m. ET, featuring CEO Shachar Daniel and CFO Shai Avnit, to discuss financial results and business outlook. A replay will be available after 11:30 a.m. ET until December 25, 2024.
Alarum Technologies (Nasdaq, TASE: ALAR) announced that a Fortune 200 company has adopted its Website Unblocker solution following a comprehensive evaluation. The customer, operating a multi-million cross-region network, has subscribed to both NetNut's IPPN and Website Unblocker offerings. The Website Unblocker uses advanced AI technology to simulate authentic user environments for better data retrieval from public sources. This expansion comes less than three months after the customer's initial subscription to IPPN in Q3 2024. Alarum's strategy focuses on three growth engines: increasing IPPN market share, penetrating the Data Collection and Labelling Market, and providing Data Insights.
Alarum Technologies (Nasdaq, TASE: ALAR) reported strong Q2 2024 results, with record revenues of $8.9 million, up 27% year-over-year. The company's NetNut data collection product drove growth, reaching $8.7 million in Q2 2024. For H1 2024, revenues hit a record $17.3 million, with NetNut contributing $16.7 million, a 99% year-over-year increase. The company's cash balance stood at $21.6 million, positioning it well for future investments. Alarum expanded its customer base, including a Fortune 100 client in Q3 2024, and maintained a strong Net Retention Rate of 1.59. For Q3 2024, the company expects continued year-over-year growth with estimated revenues of $7 million ±3% and Adjusted EBITDA between $0.8 to $1.0 million.
Alarum Technologies (Nasdaq, TASE: ALAR), a global provider of internet access and web data collection solutions, has announced it will release its financial results for the second quarter ended June 30, 2024, before the Nasdaq market opens on Monday, August 26, 2024. The company will host a conference call at 8:30 a.m. Eastern time on the same day, led by CEO Shachar Daniel and CFO Shai Avnit, to discuss the results and conduct a Q&A session.
Investors can join the call using the provided toll-free and international dial-in numbers. The conference call will be broadcast live and available for replay on the company's website. A replay of the call will be accessible until September 24, 2024.
Alarum Technologies (Nasdaq, TASE: ALAR), a global provider of internet access and web data collection solutions, has announced its participation in the Canaccord Genuity 44th Annual Global Growth Conference. The company's management is set to present on Tuesday, August 13, 2024, at 4 p.m. EST.
A live and archived webcast of the presentation will be available on the 'Investors' section of Alarum's website. Additionally, Alarum plans to release its fully reviewed financial statements for the first half of 2024 on or before August 31, 2024. This participation in the conference provides an opportunity for Alarum to showcase its growth and strategies to potential investors and industry professionals.
Alarum Technologies announced its preliminary financial metrics for the first half of 2024, reporting estimated record revenues of $17.2 million and record operating cash flow of $6.3 million. The revenue growth represents an increase of over 35% compared to the same period in 2023.
NetNut, a subsidiary, saw revenues grow by more than 95% year-over-year, contributing $16.7 million. The company's cash and cash equivalents rose to an all-time high of approximately $21.7 million.
Chief Executive Officer Shachar Daniel emphasized the strong performance and their commitment to further innovation and strategic investments. Full financial statements are expected on or before August 31, 2024.
Alarum Technologies announced record financial results for Q1 2024. Revenues soared to $8.4 million, marking a 47% increase YoY. IFRS gross margin rose to 78% compared to 66% in the previous year. IFRS net profit reached $1.4 million, while non-IFRS net profit surged to $2.8 million. The company recorded an EPS of $0.23 and $0.45 respectively. Adjusted EBITDA hit a record $3.2 million, up from $0.1 million a year ago. Subsidiary NetNut's revenues rose 139% YoY, driven by new customer acquisitions and a high Net Retention Rate of 1.66. The company introduced innovative products like the 'Website Unblocker' and 'AI Data Collector,' aimed at enhancing web data collection capabilities. Alarum's financial health improved with shareholders' equity rising to $17.1 million and cash equivalents reaching $15.1 million.
