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Alarum Technologies Ltd. American Depositary Share - ALAR STOCK NEWS

Welcome to our dedicated page for Alarum Technologies Ltd. American Depositary Share news (Ticker: ALAR), a resource for investors and traders seeking the latest updates and insights on Alarum Technologies Ltd. American Depositary Share stock.

Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) is a global leader in providing advanced internet access and web data collection solutions. The company operates through two main segments: Enterprise Internet Access and Consumer Internet Access. The enterprise segment focuses on web data collection and private internet browsing platforms, offering services like the newly developed SERP Scraper API and Website Unblocker. These solutions enable enterprises to collect real-time structured data from search engines, improving SEO and market research.

Headquartered in Tel Aviv, Israel, Alarum has a significant international presence, including the UK Virgin Islands, Israel, Europe, APAC, MEA, Hong Kong, and the USA. The company's Enterprise Internet Access segment generates the majority of its revenue from the APAC region, followed by the United States.

Alarum’s top-notch infrastructure is built on a secure hybrid proxy network, featuring both exit points via proprietary reflection technology and hundreds of servers globally. This network ensures privacy, quality, stability, and speed, enabling clients to collect data anonymously at any scale. The company's innovative products, like the AI Data Collector, automate data scraping processes, adapting to website changes seamlessly, which is crucial for industries ranging from financial services to healthcare.

Financially, Alarum has shown impressive growth. For instance, the company’s revenue crossed $7 million in the fourth quarter of 2023, with a total expected revenue of approximately $26.5 million for the year. NetNut Ltd., a wholly owned subsidiary, saw its annual revenue surge 150% to over $21 million in 2023. This growth underscores Alarum's strategic focus on enhancing its product offerings and expanding its customer base.

Recent achievements include the onboarding of new customers for the SERP Scraper API, the launch of the Website Unblocker, and the AI Data Collector product line. These innovations align with Alarum's goal to provide cutting-edge web data collection solutions, addressing the growing demand in the market.

For more information about Alarum and its suite of internet access solutions, please visit www.alarum.io.

Rhea-AI Summary
Alarum Technologies Ltd. (ALAR) reported record financial results for the third quarter and first nine months of 2023. Revenues for the first nine months exceeded the total revenues for 2022, reaching $19.4 million. The gross profit margin increased to 77%, and the net profit for the third quarter was $1.1 million, a significant improvement from the $2.3 million net loss in the third quarter of 2022. The Company's cash and cash equivalents balance totaled $7.7 million as of September 30, 2023.
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Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) has announced that its subsidiary, NetNut Ltd., was granted United States Patent No. 11,818,104 for its innovative ANONYMOUS PROXYING method, signifying a significant milestone in the Company’s commitment to advancing technology. The patent describes a revolutionary method that retains the benefits of using a proxy, while masking the original IP address and avoiding the usual bottleneck of channeling all traffic through a third-party device.
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Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) to Host Conference Call on November 28, 2023, to Discuss Q3 Financial Results. CEO and CFO to Lead Call. Details and Replay Information Available on Company Website.
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Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) announced that its subsidiary, NetNut Ltd., has successfully expanded into the Sales Intelligence sector, securing multiple new customers, including established enterprises and leading companies. This move aligns with the AI-driven transformation of the Sales Intelligence market, estimated to reach $4.16 billion in 2025. NetNut's infrastructure for high-speed web data collection positions it as a crucial partner for Sales Intelligence companies, enhancing customer interaction and optimizing business processes.
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Alarum Technologies' subsidiary, NetNut Ltd., has entered the fintech market and secured several new customers for its web data collection solutions. The global fintech market is valued at $305.7 billion in 2023, with a compound annual growth rate of 6%. NetNut's data collection services assist fintech companies in making data-driven decisions and staying competitive.
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NetNut, a subsidiary of Alarum Technologies, has launched a new website to enhance its sales and marketing reach. The website provides easy and user-friendly access to NetNut's internet-access and web-data collection solutions, including the recently launched SERP Scraper API.
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NetNut launches advanced SERP Scraper API
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Alarum Technologies reports strong performance for Q3 2023, with accumulated revenues of $19.3 million, exceeding 2022 revenues by 45%.
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Alarum Technologies closes private placement with gross proceeds of $4.25 million, with the Chairman, CEO, and CFO investing over $1.0 million. Each unit was priced at $22.70, consisting of 10 non-registered ADSs and one non-registered warrant. Registration statement to be filed for resale of ADSs.
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Alarum Technologies terminates its ATM equity offering program and announces a private placement for gross proceeds of $4.25 million. The Private Placement consists of 187,225 units at a price of $22.7 per unit, representing a 10% discount on the average ADS price. The Company's Chairman, CEO, and CFO are investing over $1.0 million in the Private Placement. The net proceeds will be used to strengthen the balance sheet. The securities being issued have not been registered under the Securities Act and may not be sold in the United States without registration or an applicable exemption.
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FAQ

What is the current stock price of Alarum Technologies Ltd. American Depositary Share (ALAR)?

The current stock price of Alarum Technologies Ltd. American Depositary Share (ALAR) is $11.17 as of December 20, 2024.

What is the market cap of Alarum Technologies Ltd. American Depositary Share (ALAR)?

The market cap of Alarum Technologies Ltd. American Depositary Share (ALAR) is approximately 76.7M.

What services does Alarum Technologies Ltd. provide?

Alarum offers internet access and web data collection solutions through its Enterprise and Consumer Internet Access segments. Key products include the SERP Scraper API, Website Unblocker, and AI Data Collector.

Where is Alarum Technologies Ltd. headquartered?

Alarum Technologies Ltd. is headquartered in Tel Aviv, Israel.

What are the recent achievements of Alarum Technologies Ltd.?

Recent achievements include the launch of the SERP Scraper API, Website Unblocker, and AI Data Collector. Additionally, NetNut Ltd. saw revenue growth of 150% in 2023.

How does Alarum ensure data privacy and security?

Alarum uses a secure hybrid proxy network with proprietary reflection technology and servers worldwide to ensure data privacy, quality, stability, and speed for anonymous data collection.

What industries benefit from Alarum's solutions?

Industries such as financial services, healthcare, utilities, and governments benefit from Alarum’s data access solutions, which help secure sensitive data and improve operational productivity and compliance.

What is the financial performance of Alarum Technologies Ltd.?

Alarum reported over $7 million in revenue for Q4 2023, with a total estimated revenue of $26.5 million for the year. NetNut Ltd. achieved an annual revenue surge of 150% to over $21 million in 2023.

How can I learn more about Alarum Technologies Ltd.?

For more information, visit Alarum’s official website at www.alarum.io.

What geographic regions does Alarum Technologies Ltd. operate in?

Alarum operates in regions including the UK Virgin Islands, Israel, Europe, APAC, MEA, Hong Kong, and the USA.

What makes Alarum's AI Data Collector unique?

The AI Data Collector features a no-code interface, allowing users to set up data collection in minutes. It adapts automatically to website changes, ensuring continuous and efficient data scraping.

Who are Alarum Technologies Ltd.'s major clients?

Alarum serves a diverse range of clients, including financial services, healthcare providers, utility companies, and governments, assisting them in secure data access and compliance.

Alarum Technologies Ltd. American Depositary Share

Nasdaq:ALAR

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76.68M
6.57M
4.69%
6.74%
5.68%
Software - Infrastructure
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