Welcome to our dedicated page for Alarum Technologies American Depositary Share news (Ticker: ALAR), a resource for investors and traders seeking the latest updates and insights on Alarum Technologies American Depositary Share stock.
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.
Key Resources: Track official press releases, financial results, product updates, and strategic partnerships. Our curated feed ensures timely updates on ALAR's cybersecurity innovations and global market activities.
Content Includes: Earnings reports, leadership changes, technology advancements, and regulatory filings. Discover how ALAR's enterprise-grade security platforms and consumer privacy tools address evolving digital threats.
Bookmark this page for streamlined access to critical information about ALAR's position in the cybersecurity sector. Check regularly for updates impacting investment decisions and industry analysis.
RedChip Companies will feature interviews with BullFrog AI (NASDAQ:BFRG) and Alarum Technologies Ltd. (NASDAQ:ALAR) on The RedChip Money Report this Saturday, April 15, at 7 p.m. ET. The program will be broadcast on Bloomberg TV, which reaches approximately 73 million homes in the U.S.
View the interviews online at:
BullFrog AI is focused on precision medicine using its proprietary bfLEAP™ AI platform to enhance drug development and patient therapy matching. Alarum Technologies provides internet access solutions, including privacy and cybersecurity for enterprises and consumers.
Alarum Technologies Ltd. (Nasdaq, TASE: ALAR), a global provider of internet access solutions, has announced the launch of a new white-label privacy solution aimed at consumers. This innovative solution focuses on enhancing user privacy by enabling them to control their online data through advanced encryption technologies.
CEO Shachar Daniel highlighted the company’s effort to diversify its service offerings, potentially opening up new markets beyond its traditional customer base. Discussions are already in progress with several large vendors interested in branding the new solution for their customers. The application allows users to direct their data through secure tunnels, ensuring that their online activities remain private and protected from unauthorized access.
Alarum Technologies Ltd. expects first-quarter revenues for 2023 to reach approximately $5.5 million, marking a 50% increase from $3.7 million in Q1 2022. This achievement reflects the company’s ongoing investment in its privacy products, resulting in a record-breaking ninth consecutive quarter of growth.
The company's operative cash burn rate has significantly reduced to about $0.3 million, showing efficient operational management. As of March 31, 2023, Alarum had a preliminary cash balance of approximately $3.7 million and secured $2.2 million in additional funds through credit facilities and strategic investments from 2022. Full financial results will be released by May 31, 2023.
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