Alarum Technologies (NasdaqCM:ALAR) Q4 2025 Earnings call March 19, 2026 08:30 AM ET Company ParticipantsKenny Green - Head of Investor RelationsShachar Daniel - CEOShai Avnit - CFOConference Call ParticipantsBrian Kinstlinger - Senior Technology AnalystKingsley Crane - Equity Research Senior AnalystOperatorLadies and gentlemen, thank you for standing by. Welcome to the Alarum Technologies fourth quarter 2025 earnings results conference call. During today's presentation, all parties will be in a listen-only ...

Alarum Technologies (NasdaqCM:ALAR) Q4 2025 Earnings call March 19, 2026 08:30 AM ET Company ParticipantsKenny Green - Head of Investor RelationsShachar Daniel - CEOShai Avnit - CFOConference Call ParticipantsKingsley Crane - Equity Research Senior AnalystNone - AnalystOperatorLadies and gentlemen, thank you for standing by. Welcome to the Alarum Technologies fourth quarter 2025 earnings results conference call. During today's presentation, all parties will be in a listen-only mode. Following management's p ...

Financial Data and Key Metrics Changes - Fourth quarter revenue reached $11.8 million, up 60% year-over-year, while full year revenues reached nearly $41 million, up 28% [6][12] - Fourth quarter net profit was $0.2 million, down from $0.4 million in the same quarter last year, and full year net profit was $1 million, down from $5.8 million [16] - Adjusted EBITDA for the fourth quarter was $1 million, compared to $1.5 million in the fourth quarter of 2024, and for the full year, it was $4.4 million, down from $9.4 million [16] - Gross margin in the fourth quarter was 53.8%, down from 72.4% in the same quarter last year, and for the full year, it was 58.5%, down from 75.1% [14] Business Line Data and Key Metrics Changes - New AI-focused products accounted for about 30% of revenues, growing from around 4% the previous year [7] - The volume of data processed increased from 3-4 petabytes per month at the beginning of the year to up to 70 petabytes by year-end [7] Market Data and Key Metrics Changes - Demand from AI-focused customers became a key growth driver, reflecting a shift in market dynamics [6] - The company noted variability in demand from large AI developers based on their model development cycles and dataset refresh timing [9] Company Strategy and Development Direction - The company is transitioning from a proxy-focused model to a diversified multi-product data infrastructure platform, which is expected to support stronger long-term margins [10] - Strategic investments have been made to enhance capabilities, including doubling headcount and expanding infrastructure to support large-scale AI workloads [8] - The company aims to achieve a revenue run rate exceeding $100 million as the market develops [11] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that the global AI market is still in its early stages, leading to near-term variability in demand [9] - The company believes that the demand for AI data is not a trend but a long-term requirement, indicating a positive outlook for future growth [31] Other Important Information - The company ended the year with no debt and a strong balance sheet, supporting strategic investments [17] - Guidance for the first quarter of 2026 indicates expected revenue of around $11 million, representing approximately 46% year-over-year growth [18] Q&A Session Summary Question: Update on modern website data collection prevention techniques - Management indicated that data collection is becoming more challenging but views it as an opportunity rather than a threat, as it raises barriers for smaller players [21][22] Question: Insights on improving visibility from long-term partnerships - Management explained that while revenue may fluctuate, the overall trend is positive, driven by large AI model demands [25][28] Question: Progress on infrastructure initiatives to improve margins - Management confirmed ongoing investments in infrastructure to support demand, with expectations for improved efficiency and margins in the future [41][43] Question: Status of large anchor customer partnerships - Management reported that partnerships with major customers are stable and demand for data remains strong [45]

Powering the world's leading AI and enterprises with public data at massive scale Investor Presentation – Q4 2025 March 2026 Nasdaq: ALAR TASE: ALAR ©2026 Alarum Technologies Ltd. All Rights Reserved Disclaimer & forward-looking statements This presentation was by prepared Alarum Technologies Ltd. (the "Company" or "Alarum"). This presentation does not constitute an offer to purchase or sell securities of the Company or an invitation to receive such offers, nor does it constitute a recommendation or opinion ...

Revenues for fourth quarter and full year 2025 of $11.8 million and $40.7 million, up 60% and 28% respectively, year-over-year; the strong growth driven by accelerating AI demand Investing strongly in enhancing capabilities, while remaining profitable with FY 2025 net profit of $1.0 million and adjusted EBITDA of $4.4 million TEL AVIV, Israel, March 19, 2026 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq: ALAR, TASE: ALAR) (“Alarum” or the “Company”), a global provider of web data collection solutions ...

Core Viewpoint - Alarum Technologies Ltd. will release its financial results for Q4 and the full year ended December 31, 2025, on March 19, 2026, before the Nasdaq market opens [1] Financial Results Announcement - The financial results will be discussed in a conference call hosted by CEO Shachar Daniel and CFO Shai Avnit on March 19, 2026, at 8:30 a.m. ET [2] - Participants can join the call via phone or webcast, with registration required prior to joining [2] 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 sources [4] - The company's infrastructure is designed to ensure privacy, quality, stability, and speed of service [4]

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]