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 ...

Core Viewpoint - A class action securities lawsuit has been filed against Alarum Technologies Ltd. for alleged securities fraud affecting investors 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: Law Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]. - The firm has over 70 employees dedicated to serving clients in complex securities litigation [4].

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 ...

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]

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]

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 ...

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 ...

Financial Performance - Revenues for the year ended December 31, 2024, amounted to $31.8 million, representing an increase of $5.3 million, or 20%, compared to $26.5 million for the year ended December 31, 2023[276]. - Adjusted EBITDA for the year ended December 31, 2024, was $9.4 million, compared to $5.2 million in 2023, reflecting a significant improvement[257]. - Non-IFRS net profit for the year ended December 31, 2024, was $8.4 million, compared to a loss of $4.7 million in 2023[257]. - The operating profit for the year ended December 31, 2024, was $6.7 million, compared to a loss of $5.5 million in 2023[273]. - The gross profit for the year ended December 31, 2024, was $23.9 million, compared to $18.8 million in 2023, indicating improved profitability[273]. - Gross profit for 2024 increased by $5.1 million to $23.9 million, representing a 27% increase compared to 2023[280]. - Net cash provided by continuing operating activities was $8.9 million in 2024, an increase of $4.3 million from $4.6 million in 2023[297]. - Cash and cash equivalents as of December 31, 2024, were approximately $15.1 million, with an additional $9.9 million in long-term debt investments[294]. Revenue Segments - The web data collection segment revenues increased by $9.6 million, or 45%, from $21.3 million to $30.9 million, attributed to an increase in sales volume[276]. - The consumer internet access segment revenues decreased by $4.3 million, or 83%, from $5.2 million to $0.9 million, due to the cessation of advertising services and scaling down of operations[276]. - Approximately 41% of data collection revenue in 2024 derived from 42 customers purchasing services between $100,000 and $1,000,000[260]. Operating Expenses - Total operating expenses decreased from $24.3 million in 2023 to $17.2 million in 2024, primarily due to the absence of goodwill impairment[273]. - Total cost of revenues for 2024 was $7.9 million, a 3% increase from $7.7 million in 2023, primarily due to a $2.1 million rise in web data collection segment costs[279]. - Research and development expenses rose to $4.5 million in 2024, a 26% increase from $3.6 million in 2023, driven by higher payroll costs in the web data collection segment[282]. - Sales and marketing expenses decreased by 30% to $7.0 million in 2024 from $10.0 million in 2023, mainly due to a reduction in consumer segment costs[284]. - General and administrative expenses increased by 32% to $5.7 million in 2024, primarily due to higher payroll and share-based compensation[287]. Shareholder Information - As of March 10, 2025, the company had approximately 69.3 million Ordinary Shares issued and outstanding, with an additional 10.3 million Ordinary Shares issuable upon exercise of outstanding warrants and employee options, which may dilute current shareholders' holdings[134]. - The company does not anticipate paying any cash dividends in the foreseeable future, and has never declared or paid cash dividends[137]. - Holders of ADSs may not receive the same distributions or dividends as those made to holders of Ordinary Shares, and may not receive any value for them if it is illegal or impractical to make them available[135]. - The issuance of additional Ordinary Shares due to outstanding warrants and options may depress the company's share price and create a "market overhang" effect[134]. Compliance and Regulatory Risks - The company is subject to U.S. and Israeli export control laws, which could limit its ability to compete in international markets if compliance issues arise[96]. - The company may be classified as a "passive foreign investment company" (PFIC) for U.S. federal income tax purposes, which could have negative tax consequences for U.S. taxpayers holding its ADSs or Ordinary Shares[142]. - The company regained compliance with Nasdaq's minimum bid requirement after changing the ratio of its ADSs to Ordinary Shares, following a failure to comply in 2022[133]. - Delisting from Nasdaq could adversely affect the company's business and the trading of its Ordinary Shares, potentially leading to trading in less efficient over-the-counter markets[133]. Intellectual Property Risks - The company’s reverse access technology is patent protected in several jurisdictions, including the U.S., Europe, Israel, China, and Hong Kong[105]. - The company may face challenges in obtaining and maintaining effective patent rights, which could impair its competitive position[108]. - The company relies on trade secret protection and confidentiality agreements to safeguard proprietary information, but these measures may not be fully effective[110]. - The company may face challenges in commercializing products due to potential infringement of third-party intellectual property rights, which could lead to costly litigation or licensing requirements[112]. - The company’s ability to develop and commercialize products may be blocked if third-party patents cover aspects of its formulations or processes[117]. Market and Economic Conditions - The company may experience challenges in meeting ESG expectations, which could impact its reputation and stakeholder relations[169]. - The company’s ability to generate future global revenues may be adversely affected by weakened economic conditions[167]. - The ongoing political unrest in Israel may deter foreign investment and lead to increased currency fluctuations and interest rates[160]. - The Israeli government downgraded its credit rating from A1 to A2 in October 2023, with a further downgrade to Baa1 and a negative outlook expected by September 2024[159]. - Geopolitical events, such as the conflict between Russia and Ukraine, may adversely affect the company's international business and economic conditions[97]. Risks Related to Operations - The company is exposed to foreign currency risk, with the NIS depreciating by 0.6% against the U.S. dollar in 2024, impacting net income due to higher expenses incurred in NIS[94]. - The company faces risks associated with global operations, including longer collection periods and higher costs of doing business internationally[165]. - The company is exposed to potential cybersecurity threats due to its association with Israeli operations[159]. - Insurance policies do not cover losses from war and terrorism, and government coverage may not be sufficient to cover potential damages[158]. - Political and military instability in Israel may adversely affect the company's operations and financial condition[150]. - The company has not been materially adversely affected by the ongoing war since October 7, 2023, but the future impact remains uncertain[157].

Core Viewpoint - A class action securities lawsuit has been filed against Alarum Technologies Ltd. alleging securities fraud that affected investors between March 14, 2024, and August 26, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Alarum Technologies Ltd. made false statements regarding its effectiveness in retaining and expanding customer engagements, which misrepresented the company's ability to generate consistent revenue growth [2]. - It is alleged that the company's business and financial prospects were overstated, leading to materially false and misleading public statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until April 15, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].

Core Viewpoint - Alarum Technologies Ltd. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its customer engagement effectiveness and revenue growth potential [1][2]. Group 1: Allegations - The complaint claims that Alarum was less effective in retaining and expanding customer engagements than represented to investors [1]. - It is alleged that this ineffectiveness would impair Alarum's ability to generate consistent revenue growth [1]. - The lawsuit asserts that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [1]. Group 2: Class Action Details - The class period for the lawsuit is from March 14, 2024, to August 26, 2024 [1]. - Shareholders who purchased shares during this period are encouraged to register for the class action by April 15, 2025 [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].