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Alarum Technologies Ltd. - ALAR STOCK NEWS

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

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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.

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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.

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Alarum Technologies (Nasdaq, TASE: ALAR) will release its financial results for the first quarter of 2024 on May 21, 2024. The Company will host a conference call on the same day at 08:30 a.m. Eastern Time. Mr. Shachar Daniel, CEO, and Mr. Shai Avnit, CFO, will discuss the financial results followed by a Q&A session. Participants can join the call by dialing the provided numbers.

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Alarum Technologies anticipates strong financial performance for Q1 2024 with revenue estimated at over $8.3 million, a 50% increase from Q1 2023. Cashflow from operating activities improved significantly to $3.2 million compared to a negative $0.3 million in 2023. NetNut's revenues surged by 140% in Q1 2024. Alarum's CEO, Shachar Daniel, highlights robust growth and innovation driving the company's success.
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Alarum Technologies announces upcoming events, welcomes a new member to NetNut's advisory board, and releases preliminary results for the first quarter of 2024. Mr. Yorai Fainmesser joins NetNut as a Strategic Advisory Board Member, bringing extensive AI expertise. The Company is focused on fostering innovation and collaboration within its community.
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Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) reported record financial results for the fourth quarter and full year 2023, with revenues reaching $7.1 million in Q4 and $26.5 million for the year. NetNut's revenues surged 150% year-over-year, totaling $21.3 million. The company achieved an IFRS net profit of $1.7 million in Q4 2023, compared to a net loss of $3.0 million in Q4 2022. Adjusted EBITDA for Q4 2023 was $2.2 million, a significant improvement from a loss of $2.0 million in Q4 2022.
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Alarum Technologies Ltd. will participate in the 36th Annual Roth Conference, providing a platform for networking and showcasing its internet access and web data collection solutions. The event will host executives from various sectors, offering opportunities for growth and collaboration.
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Alarum Technologies Ltd. will release its financial results for Q4 and full year 2023 on March 14, 2024. The CEO and CFO will host a conference call to discuss the results.
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Alarum Technologies Ltd. announces the launch of an innovative AI Data Collector product line through its subsidiary NetNut, revolutionizing web data collection processes. The product, set to release by the end of 2024, features advanced AI technology for seamless data extraction and maintenance, providing users with a no-code interface for easy customization and efficiency.
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Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) announces the launch of the Website Unblocker by its subsidiary, NetNut Ltd. The product joins NetNut’s suite of Data Collection and Analysis tools, solidifying its leadership in the $2.22 billion data collection and labelling market. The Website Unblocker is an AI-based solution designed to allow automated data collection tools access to public facing web data without being tagged by anti-bot and bot-management solutions, enabling customers to collect large amounts of data at high speeds and with very high success rates.
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FAQ

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.

Nasdaq:ALAR

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186.26M
68.43M
4.75%
7.44%
4.84%
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