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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.

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Rhea-AI Summary
Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) announced the launch of the SERP Scraper API, developed by its subsidiary NetNut Ltd. The API provides real-time, structured data from global search engines, catering to the growing need of enterprise customers. The market for data collection and labeling is estimated to reach $17.1 billion in 2030, presenting significant growth opportunities for the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.07%
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none
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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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.48%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.08%
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none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.1%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.67%
Tags
AI
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
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none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
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none
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Rhea-AI Summary
NetNut launches advanced SERP Scraper API
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.15%
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Rhea-AI Summary
Alarum Technologies reports strong performance for Q3 2023, with accumulated revenues of $19.3 million, exceeding 2022 revenues by 45%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.65%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.87%
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none
Alarum Technologies Ltd. American Depositary Share

Nasdaq:ALAR

ALAR Rankings

ALAR Stock Data

184.07M
53.75M
5.04%
2.96%
2.96%
Software Publishers
Information
Link
United States of America
Tel Aviv

About ALAR

safe-t® is a leading provider of software-defined access solutions which mitigate attacks on enterprises’ business-critical services and sensitive data. safe-t solves the data access challenge by hiding data at the perimeter, keeping information assets safe and limiting access only to authorized and intended entities in hybrid cloud environments. safe-t enhances operational productivity, efficiency, security, and compliance by protecting organizations from data exfiltration, leakage, malware, ransomware, and fraud. with safe-t’s patented, multi-layer software-defined access, financial services, healthcare, utility companies and governments can secure their data, services, and networks from internal and external data threats.