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ALAR

Alarum Technologies Ltd.

ALAR

Alarum Technologies Ltd. • NASDAQ
$9.16 ▼ -0.11% (-0.01)
Market Cap $65.14 M
52w High $18.00
52w Low $5.45
Dividend Yield 0%
P/E 45.8
Volume 95.03K
Outstanding Shares 7.11M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $8.791M ▲ $5.446M ▲ $287K ▼ 3.265% ▼ $0.041 ▼ $-20K ▼
Q1-2025 $7.133M ▼ $4.482M ▼ $408K ▼ 5.72% ▼ $0.059 ▼ $333K ▼
Q4-2024 $7.37M ▲ $4.947M ▲ $442K ▼ 5.997% ▼ $0.064 ▼ $1.065M ▲
Q3-2024 $7.194M ▼ $4.101M ▼ $4.249M ▲ 59.063% ▲ $0.62 ▲ $1.064M ▼
Q2-2024 $8.884M $4.154M $-351K -3.951% $-0.051 $2.779M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $14.914M ▲ $35.775M ▲ $6.65M ▼ $29.125M ▲
Q1-2025 $13.952M ▼ $34.393M ▼ $6.774M ▼ $27.619M ▲
Q4-2024 $15.081M ▼ $34.811M ▲ $8.46M ▲ $26.351M ▲
Q3-2024 $24.011M ▲ $33.271M ▲ $8.297M ▼ $24.974M ▲
Q2-2024 $21.626M $31.509M $11.085M $20.424M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $287K ▼ $0 $0 $0 $0 $0
Q1-2025 $408K ▼ $0 $0 $0 $0 $0
Q4-2024 $442K ▼ $0 $0 $0 $0 $0
Q3-2024 $4.249M ▲ $0 $0 $0 $0 $0
Q2-2024 $-351K $0 $0 $0 $0 $0

Five-Year Company Overview

Income Statement

Income Statement Revenue is still very small in absolute terms but has steadily grown over the past few years. The big shift is that the company has moved from a pattern of recurring operating losses to a modest operating profit most recently. Profitability metrics (operating income, EBITDA, and net income) have all improved from negative to slightly positive, and earnings per share have flipped from ongoing losses to a gain. Overall, the trend shows a young, scaling business that has crossed from heavy investment and losses into early-stage profitability, though on a very small base and likely still sensitive to any slowdown in growth or increase in costs.

Balance Sheet

Balance Sheet The balance sheet is simple and relatively clean. Total assets are small, but cash now makes up a meaningful portion, and the company carries no financial debt, which reduces financial risk. Shareholders’ equity has increased recently, reflecting retained earnings and balance sheet strengthening after years of loss. The business still operates with a lean asset base, so while leverage risk is low, the company’s size and financial buffer are limited, making it more exposed to any sudden business setbacks.

Cash Flow

Cash Flow Cash flow has followed the income statement improvement. Historically, the company burned cash in its operations, but it has recently shifted to generating a modest positive operating cash flow. Free cash flow mirrors this pattern because capital spending has been minimal. This indicates that the path to cash self-sufficiency is emerging, but the margin of safety is not large—any deterioration in operating performance could quickly take cash flow back into negative territory.

Competitive Edge

Competitive Edge Through its NetNut subsidiary, the company has carved out a focused niche in web data collection infrastructure. Its main strength lies in a specialized proxy network that connects directly to internet providers, offering reliability and success rates that are hard for more basic, peer-based networks to match. Customer relationships appear to deepen over time as existing clients increase usage, suggesting sticky demand and a solid reputation. However, the broader data infrastructure and proxy space is competitive and fast-moving, so the company’s advantage depends on staying ahead technologically and maintaining high service quality for demanding enterprise and AI customers.

Innovation and R&D

Innovation and R&D The business is strongly innovation-led, with clear emphasis on AI-enhanced data collection. Its proprietary network technology and reflection methods aim to make data gathering more reliable and harder to block. Upcoming products like the AI Data Collector, a no-code, adaptive data-extraction platform, show a push to move from raw connectivity into higher-value, more automated solutions. The long-term ambition is to extend from data collection into analytics and insights, which could deepen the moat but will require sustained R&D, careful execution, and continued alignment with evolving AI and compliance requirements.

Summary

Alarum is a small, focused technology company transitioning from a long investment phase into early profitability and modest positive cash generation. The balance sheet is straightforward, with cash on hand and no debt, but also limited scale, which keeps overall risk elevated if growth slows or costs rise. Competitively, the company appears well positioned in a specialized corner of the data collection and proxy market, supported by differentiated network architecture and AI-driven tools. Its future hinges on successfully scaling NetNut, launching and monetizing new AI-based products, and maintaining its technology edge in a crowded and rapidly evolving landscape.

NEWS

November 26, 2025 · 7:30 AM UTC

Alarum Technologies Reports Record Third Quarter Revenue Growth of 81% to $13 Million Driven by Surging Demand from Leading AI Model Developers

Read more