Group 1 - Blue Ant Media has announced a definitive agreement to acquire Thunderbird Entertainment, indicating a strategic move to enhance its content portfolio and market position [1] - The call discussing the acquisition includes key executives from both companies, highlighting the importance of the transaction [1] - The financial results for Blue Ant Media for the year 2025 are also being discussed, suggesting a focus on future growth and performance metrics [1] Group 2 - The call is being recorded live, emphasizing transparency and the significance of the information being shared with stakeholders [1] - Jennifer Twiner McCarron, CEO of Thunderbird Entertainment, is participating in the call specifically to discuss the acquisition, indicating her role in the integration process [1]

Financial Data and Key Metrics Changes - Revenues for Q3 2025 reached $13 million, an increase of 81% year-over-year and 48% sequentially, marking one of the strongest quarters in the company's history [7][15] - Non-IFRS gross margins for Q3 2025 were 56%, down from 74% in Q3 2024, reflecting increased investments and a higher share of large-scale projects with AI customers [16][17] - Operating expenses in Q3 2025 were $7.4 million, compared to $4.1 million in Q3 2024, driven by planned investments in R&D and sales [17] - Net profit for Q3 2025 was $0.1 million, down from $4.2 million in Q3 2024, with the previous year's profit influenced by one-time financial income [18][19] - Adjusted EBITDA for Q3 2025 was $1.2 million, compared to $1.4 million in Q3 2024 [19] Business Line Data and Key Metrics Changes - The company saw a 26% increase in paying customers and a 17% increase in average revenue per customer during the quarter [7] - The product suite is evolving from a single product proxy business into a diversified multi-product data infrastructure platform, with significant growth in datasets and website unblockers [12] Market Data and Key Metrics Changes - There is significant traction from major global e-commerce platforms in Asia, with repeat and expanding orders [8] - The AI market is experiencing volatility, but demand is broadening and growing sharply, positioning AI as a core long-term growth engine for the company [8][11] Company Strategy and Development Direction - The company prioritizes long-term relationships and market share capture over short-term margins and profitability [3] - Strategic investments are being made to expand capacity and enhance infrastructure, which is expected to improve margins over time [9][10] - The company aims to shift towards higher value products, which will improve unit economics and margins as the product mix evolves [10][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to expand both gross and operating margins as the product mix continues to shift and infrastructure becomes more efficient [11] - For Q4 2025, the company expects revenues of approximately $12 million, representing a significant 62% year-over-year growth [13][20] - The company is positioned to serve the increasing reliance on high-quality, real-time public web data, with a vision to become a foundational data infrastructure company in the AI sector [14] Other Important Information - The company's shareholders' equity increased to $31.1 million as of September 30, 2025, up from $26.4 million at the end of 2024 [19] - Cash and cash equivalents as of September 30, 2025, were approximately $24.6 million, supporting strategic investments [19] Q&A Session Summary Question: Can you talk about the large project for Dataset delivery? - Management clarified that it is not a project but a demand for a product combining a scraper and dataset, with high customer satisfaction and retention [22][25] Question: Do you see once R&D customers have developed their models that usage is higher or lower? - Management indicated that during the education stage, data needs are high, but in the production stage, usage becomes more predictable and sustainable [26][27] Question: What is the pipeline to sell this new Dataset delivery solution to other customers? - Management confirmed that there are already other customers leveraging this product, and there are additional prospects in the pipeline [30] Question: How should we think about the gross margin recovering as revenue scales? - Management noted that if all solutions were in-house, gross margins could be around 70%, and improvements are expected as demand stabilizes and infrastructure efficiency increases [31][33]

Financial Data and Key Metrics Changes - Revenues for Q3 2025 reached $13 million, an increase of 81% year-over-year and 48% sequentially, marking one of the strongest quarters in the company's history [7][15] - Non-IFRS gross margins for Q3 2025 were 56%, down from 74% in Q3 2024, reflecting increased investments and a higher share of large-scale projects with AI customers [16][17] - Operating expenses in Q3 2025 were $7.4 million, compared to $4.1 million in Q3 2024, driven by planned investments in R&D and sales [17] - Net profit for Q3 2025 was $0.1 million, down from $4.2 million in Q3 2024, with the previous year's profit influenced by one-time financial income [18][19] - Adjusted EBITDA for Q3 2025 was $1.2 million, compared to $1.4 million in Q3 2024 [19] Business Line Data and Key Metrics Changes - The company saw a 26% increase in paying customers and a 17% increase in average revenue per customer during the quarter [7] - The product suite is evolving from a single product proxy business into a diversified multi-product data infrastructure platform, with significant contributions from datasets and website unblockers [12] Market Data and Key Metrics Changes - The company is experiencing strong traction with major global e-commerce platforms in Asia, which are placing repeat and expanding orders [8] - Demand from leading AI labs is expected to grow sharply, indicating a broadening market for the company's services [8][12] Company Strategy and Development Direction - The company prioritizes long-term relationships and market share capture over short-term margins, with a focus on AI-driven growth [3] - Strategic investments are being made to expand capacity and enhance infrastructure, which is expected to improve margins in the long term [9][10] - The company aims to shift towards higher value products, which will improve unit economics and margins over time [10][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position within the AI market, anticipating smoother revenue patterns as models transition from research to production [11] - For Q4 2025, the company expects revenues of approximately $12 million, representing a 62% year-over-year growth [13][20] - The company aims to end 2025 with around $41 million in revenues, up almost 30% year-over-year [13] Other Important Information - The company's shareholders' equity increased to $31.1 million as of September 30, 2025, up from $26.4 million at the end of 2024 [19] - Cash and cash equivalents as of September 30, 2025, were approximately $24.6 million, supporting ongoing strategic investments [19] Q&A Session Summary Question: Can you talk about the large project for Dataset delivery? - Management clarified that it is not a project but a demand for a product combining a scraper and dataset, with significant revenue contribution [22][23] Question: Do you see once R&D customers have developed their models that usage is higher or lower? - Management indicated that during the education stage, customers need a large amount of data quickly, while in production, usage may be more predictable but spread over time [26][27] Question: What is the pipeline to sell this new Dataset delivery solution to other customers? - Management confirmed that there are already other customers leveraging this product, and there are additional prospects in the pipeline [30] Question: How should we think about the gross margin recovering as revenue scales? - Management noted that if all solutions were in-house, gross margins could be around 70%, and they are working to reduce reliance on third-party vendors [31][32] Question: When will and how do you think about the unit economics improving? - Management expects improvements in unit pricing as demand stabilizes and infrastructure becomes more efficient [36][37]

Financial Data and Key Metrics Changes - Revenues for Q3 2025 reached $13 million, an increase of 81% year-over-year and 48% sequentially, marking one of the strongest quarters in the company's history [6][14] - Non-IFRS gross margins for Q3 2025 were 56%, down from 74% in Q3 2024, reflecting increased investments and a higher share of large-scale projects with AI customers [15][16] - Net profit for Q3 2025 was $0.1 million, a significant decrease from $4.2 million in Q3 2024, primarily due to a high financial income in the previous year [17][18] - Adjusted EBITDA for Q3 2025 was $1.2 million, slightly down from $1.4 million in Q3 2024 [17] Business Line Data and Key Metrics Changes - The company saw a 26% increase in paying customers and a 17% increase in average revenue per customer during the quarter [6] - The product suite is evolving from a single product proxy business into a diversified multi-product data infrastructure platform, with significant growth in AI-centric products [11] Market Data and Key Metrics Changes - Strong growth was noted in the AI vertical, offsetting declines in other segments, with one large-scale AI customer contributing approximately $3.5 million in revenue [15] - The company is experiencing significant traction with major global e-commerce platforms in Asia, which are placing repeat and expanding orders [7] Company Strategy and Development Direction - The company prioritizes long-term relationships and market share capture over short-term margins and profitability, with a focus on AI-driven growth [3] - Strategic investments are being made to expand capacity and enhance infrastructure, which are expected to drive long-term growth despite short-term margin pressures [8][10] - The company aims to shift towards higher value products, which will improve unit economics and margins over time [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growing demand for AI services and the company's positioning within the data industry, anticipating a revenue of approximately $12 million for Q4 2025, representing a 62% year-over-year growth [12][19] - The volatility in demand from leading labs is expected to stabilize as models transition from research to production [10] Other Important Information - The company's cash position as of September 30, 2025, was approximately $24.6 million, supporting ongoing strategic investments [18] Q&A Session Summary Question: Can you talk about the large project for Dataset delivery? - Management clarified that the demand is for a combination of a scraper and a dataset, with high customer satisfaction and retention [22][25] Question: Do you see usage being higher or lower once R&D customers have developed their models? - Management indicated that while initial data needs are high during the education stage, usage may become more predictable in the production stage [26][27] Question: What is the pipeline to sell this new Dataset delivery solution to other customers? - Management confirmed that there are already other customers leveraging this product, with additional prospects in the pipeline [30] Question: How should we think about the gross margin recovering as revenue scales? - Management projected that gross margins could improve significantly if third-party vendor reliance decreases, with a potential gross margin of around 70% if all solutions were in-house [31][33] Question: When will unit economics improve? - Management noted that as demand stabilizes and infrastructure efficiency increases, unit prices may rise, benefiting overall margins [36][37]

Financial Performance & Growth - Alarum Technologies' LTM (Last Twelve Months) revenue to Q3 2025 reached $36.3 million[7] - Adjusted EBITDA for the LTM to Q3 2025 was $4.9 million[7] - Data Collection experienced a Compound Annual Growth Rate (CAGR) of 68% from 2020 to 2024[7, 36] - The company's cash, cash equivalents, and cash investments stood at $24.6 million as of September 30, 2025[7, 51, 53] - Shareholders' equity was $31.1 million as of September 30, 2025[7, 51, 53] - Cash flow from operating activities for the LTM to Q3 2025 was $0.8 million[7] Market & Strategy - The Total Addressable Market (TAM) for Data Collection is estimated at $17.1 billion[7, 27] - The Data Collection & Labeling market is projected to grow at a CAGR of 28.4%, reaching $17.1 billion by 2030[27] - The company is transitioning to become a leading data enabler for AI, focusing on data collection solutions[9, 11] - Alarum is investing in infrastructure and strategic partnerships to capitalize on market opportunities in AI and e-commerce[9, 12]

Exhibit 99.1 Alarum Technologies Reports Record Third Quarter Revenue Growth of 81% to $13 Million Driven by Surging Demand from Leading AI Model Developers Company Diligently Prioritizing Market-Share Capture in Explosive AI Training-Data Segment TEL AVIV, Israel, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) ("Alarum" or the "Company"), a global provider of web data collection solutions, today announced financial results for the nine- and three-month periods ended Septemb ...

Core Insights - Alarum Technologies Ltd. reported significant financial growth in Q3 2025, with revenues reaching $13.0 million, an 81% increase year-over-year, and a net profit of $0.1 million [2][11] - The company is focusing on long-term market leadership in the AI training-data sector, prioritizing infrastructure investments over short-term profitability [2][6] - Strategic investments are expected to pressure gross margins and EBITDA in the near term but are aimed at positioning the company for substantial growth and margin improvement [2][6] Financial Performance - Q3 2025 revenues were $13.0 million, up from $7.2 million in Q3 2024, while total revenues for the first nine months of 2025 were $28.9 million, an 18% increase from $24.5 million in the same period of 2024 [11][10] - Gross profit for Q3 2025 was $7.2 million, compared to $5.2 million in Q3 2024, with a gross margin of 55.6% [10][16] - Adjusted EBITDA for Q3 2025 was $1.2 million, down from $1.4 million in Q3 2024, reflecting increased operating expenses due to infrastructure investments [10][16] Customer and Market Dynamics - The company experienced a 26% increase in paying customers and a 17% rise in average revenue per customer in Q3 2025 [4][8] - New AI-focused products, including DataSets and custom Scrapers, are becoming significant revenue contributors, with triple-digit growth in some areas [8][11] - Alarum's strategic decision to expand capacity and enhance infrastructure is aimed at capturing the growing demand from AI labs and enterprises [5][6] Financial Outlook - For Q4 2025, Alarum anticipates revenues of approximately $12 million, a 63% increase year-over-year, with Adjusted EBITDA expected to be around $1 million [9] - The company expects smoother and more predictable revenue growth patterns as AI models transition into production and fine-tuning cycles [9][11] Balance Sheet and Equity - As of September 30, 2025, Alarum had a robust balance sheet with $24.6 million in cash and no debt, and shareholders' equity increased to $31.1 million from $26.4 million at the end of 2024 [8][16]

Core Viewpoint - Alarum Technologies Ltd. is set to release its financial results for the third quarter of 2025 on November 26, 2025, before the Nasdaq market opens, indicating a focus on transparency and communication with investors [1]. Financial Results Announcement - The financial results will be discussed in a conference call hosted by the CEO and CFO at 8:30 a.m. ET on the same day [2]. - Participants are required to register prior to joining the call, which can be accessed via phone or webcast [2][3]. Company Overview - Alarum Technologies Ltd. is a global provider of web data collection solutions, utilizing a hybrid proxy network for anonymous data collection from public web sources [5]. - The company's infrastructure is designed to ensure privacy, quality, stability, and speed, highlighting its competitive edge in the market [5].

Company Overview - Alarum Technologies (NASDAQ: ALAR) offers a unique value proposition for investors seeking alternative exposure to the artificial intelligence industry [1] - The company is well-positioned to benefit from the increasing demand in the AI sector [1] Investment Strategy - The analysis emphasizes a disciplined framework that combines fundamental analysis with macroeconomic factors [1] - Focus is placed on companies with robust, consistent, and predictable cash flows, which allows for more accurate valuation and sensitivity analysis [1] - The investment approach is sector and asset class agnostic, indicating a broad search for value and alpha across markets [1] Market Context - The analyst has experienced multiple market cycles since pre-2008, which informs their investment insights [1] - Attention to macroeconomic developments is highlighted as a key factor that can drive market cycles and affect valuation discounts or premiums [1] Community Engagement - The goal is to provide actionable ideas and exchange important insights within the investment community [1] - The analyst expresses a desire to engage with both novice and seasoned investors [1]

Group 1 - Alarum Technologies held a conference call to discuss the results of Q2 2025, featuring CEO Shachar Daniel and CFO Shai Avnit [1][3] - The call included an overview of the quarter by the CEO, followed by a financial review from the CFO, and concluded with a Q&A session [3] Group 2 - The conference call may contain forward-looking statements regarding the company's plans, objectives, and future performance [4][5] - Discussions included guidance on future strategy, sustainable growth potential, estimated margins, and long-term profitability [5]