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Shareholders that lost money on Alarum Technologies Ltd.(ALAR) should contact The Gross Law Firm about pending Class Action - ALAR
Prnewswire· 2025-03-27 09:45
NEW YORK, March 27, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR).Shareholders who purchased shares of ALAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/alarum-technologies-ltd-loss-submission-form/?id=138821&from=4CLASS PERIOD: Mar ...
Alarum Technologies Ltd. Shareholder are Reminded of the Lead Plaintiff Deadline – Contact Robbins LLP for Information on How to Lead the Class Action Against ALAR
GlobeNewswire News Room· 2025-03-26 19:31
SAN DIEGO, March 26, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all persons or entities who purchased or otherwise acquired Alarum Technologies Ltd. (NASDAQ: ALAR) securities between March 14, 2024 and August 26, 2024. Alarum is a global Software as a Service (“SaaS”) provider that offers web data collection solutions and a private internet browsing platform to a concentrated customer base. For more information, submit a form, email attorney Aaron D ...
Faruqi & Faruqi Reminds Alarum Technologies Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 15, 2025 – ALAR
GlobeNewswire News Room· 2025-03-26 19:13
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Alarum To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Alarum between March 14, 2024 and August 26, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, March 26, 2025 (GLOBE NEW ...
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Alarum Technologies Ltd. (ALAR) Shareholders
GlobeNewswire News Room· 2025-03-26 15:16
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR). Shareholders who purchased shares of ALAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/alarum-technologies-ltd-loss-submission-form/?id=138516&from=3  CLASS PE ...
ROSEN, RANKED AND LEADING INVESTOR COUNSEL, Encourages Alarum Technologies Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ALAR
GlobeNewswire News Room· 2025-03-25 21:51
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alarum Technologies Ltd. (NASDAQ: ALAR) between March 14, 2024 and August 26, 2024, both dates inclusive (the “Class Period”), of the important April 15, 2025 lead plaintiff deadline. SO WHAT: If you purchased Alarum securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...
Lost Money on Alarum Technologies Ltd.(ALAR)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
Prnewswire· 2025-03-24 09:45
NEW YORK, March 24, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR).Shareholders who purchased shares of ALAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/alarum-technologies-ltd-loss-submission-form/?id=137695&from=4CLASS PERIOD: Mar ...
Class Action Filed Against Alarum Technologies Ltd. (ALAR) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-03-21 09:45
Core Viewpoint - Alarum Technologies Ltd. is facing a class action securities lawsuit due to alleged securities fraud that occurred between March 14, 2024, and August 26, 2024 [1][2] Group 1: Allegations - The lawsuit claims that Alarum Technologies Ltd. made false statements regarding its effectiveness in retaining and expanding customer engagements [2] - It is alleged that these misrepresentations would negatively impact Alarum's ability to achieve consistent revenue growth [2] - The complaint asserts that the company's business and financial prospects were overstated, leading to materially false and misleading public statements [2] Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until April 15, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm is recognized as one of the top securities litigation firms in the United States, ranking in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [4]
Alarum Technologies .(ALAR) - 2024 Q4 - Earnings Call Transcript
2025-03-20 16:12
Financial Data and Key Metrics Changes - Annual revenue reached a record high of $31.8 million, a 20% increase from 2023, with 97% attributed to data collection [9][22] - Adjusted EBITDA for 2024 was a record $9.4 million, up from $5.2 million in 2023 [9][27] - Non-IFRS gross margin for the full year 2024 grew to 77% from 74.3% in 2023 [23] - IFRS net profit for 2024 increased to $5.8 million from a net loss of $5.6 million in 2023 [26] Business Line Data and Key Metrics Changes - Data collection revenue for Q4 2024 was $7.2 million, a 6.8% increase from Q4 2023 [22] - Data collection revenue for the full year 2024 reached $30.9 million, up 45.2% from $21.3 million in 2023 [22] Market Data and Key Metrics Changes - The data collection segment accounted for 97% of total revenues in both quarterly and annual metrics, up from 80% in 2023 [22] - The company experienced volatility in demand due to competition between AI platforms and traditional websites [12][39] Company Strategy and Development Direction - The company has fully executed its strategic vision to focus solely on data collection, phasing out other activities [8] - Investments were made to expand the IP network and enhance infrastructure to support massive data traffic [14] - The company aims to be a data enabler for AI-driven companies, positioning itself for long-term growth [17][33] Management's Comments on Operating Environment and Future Outlook - Management highlighted a "once in a generation inflection point" due to the AI revolution reshaping the data landscape [14] - The company is navigating a period of adjustment as the industry evolves, with short-term revenue growth expected to be lower [30] - Management emphasized the importance of patience and a long-term approach to capitalize on future opportunities [18] Other Important Information - The company recorded financial income of $300,000 for the full year 2024, compared to a financial expense of $300,000 in 2023 [25] - Shareholders' equity doubled to a record of $26.4 million from $13.2 million on December 31, 2023 [28] Q&A Session Summary Question: Can you describe the period of adjustment as the industry evolves? - Management noted that large companies are approaching them for cooperation, indicating a shift in strategy due to competition between AI platforms and websites [38][39] Question: Is the decline in net retention rate related to customer usage? - Management confirmed that the decline in net retention rate is indeed related to customer usage fluctuations as they reevaluate their strategies [45][46] Question: How has the engagement with a Fortune 200 company evolved? - The company reported increased usage from the Fortune 200 customer, with an annual run rate exceeding $500,000 [48] Question: What is the opportunity with large customers in the future? - Management sees significant potential for both regular and strategic customers, especially those aiming to become major players in AI [51][52] Question: What are the plans for new product launches versus M&A? - The company is focusing on internal development for new products but remains open to acquisitions if unique opportunities arise [57][60]
Alarum Technologies .(ALAR) - 2024 Q4 - Annual Report
2025-03-20 11:37
Exhibit 99.1 Alarum Technologies Announces Fourth Quarter and Annual 2024 Results A Pivotal Year, Marking Accomplishment of Strategic Shift to Data Collection, Hits Milestones Toward Becoming a Driving Force in the AI Revolution 2024 revenue increased to $31.8 million, of which $7.4 million was in the fourth quarter; 2024 net profit rose to $5.8 million and adjusted EBITDA reached $9.4 million; Cash and liquid investments balance at year-end amounted to $25 million TEL AVIV, Israel, March 20, 2025 (GLOBE NE ...
Alarum Technologies Announces Fourth Quarter and Annual 2024 Results
Globenewswire· 2025-03-20 11:35
A Pivotal Year, Marking Accomplishment of Strategic Shift to Data Collection, Hits Milestones Toward Becoming a Driving Force in the AI Revolution 2024 revenue increased to $31.8 million, of which $7.4 million was in the fourth quarter;2024 net profit rose to $5.8 million and adjusted EBITDA reached $9.4 million; Cash and liquid investments balance at year-end amounted to $25 million TEL AVIV, Israel, March 20, 2025 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company ...