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].

Core Viewpoint - Alarum Technologies Ltd. is under investigation for potential securities law violations due to misleading statements that led to significant investor losses during the specified class period [1][2]. Group 1: Company Performance - Alarum Technologies announced expected third-quarter 2024 revenue of only $7 million, which was significantly below analyst projections of $9.2 million [2]. - The company's CEO attributed the revenue shortfall to reduced consumer spending that began in June 2024 [2]. - Following the revenue announcement, Alarum Technologies' stock price fell by more than 31% [2]. Group 2: Investor Rights and Legal Actions - Console & Associates, P.C. is investigating claims on behalf of investors who purchased Alarum Technologies stock between March 14, 2024, and August 26, 2024 [1][4]. - Investors who suffered substantial losses are encouraged to contact Console & Associates to discuss their legal rights [1][3]. - The firm operates on a contingent fee basis, meaning investors pay nothing unless compensation is recovered [4]. Group 3: Company Challenges - Alarum Technologies faced difficulties in retaining and expanding customer engagements [6]. - These challenges are expected to impair the company's ability to generate consistent revenue growth [6]. - Consequently, the business prospects of Alarum were overstated [6].

NEW YORK, March 13, 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=135489&from=4 CLASS PERIOD: Ma ...

NEW YORK, March 12, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Alarum Technologies Ltd. ("Alarum Technologies Ltd." or the "Company") (NASDAQ: ALAR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Alarum Technologies Ltd. investors who were adversely affected by alleged securities fraud between March 14, 2024 and August 26, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com ...

NEW YORK, March 7, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Alarum Technologies Ltd. ("Alarum Technologies Ltd." or the "Company") (NASDAQ: ALAR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Alarum Technologies Ltd. investors who were adversely affected by alleged securities fraud between March 14, 2024 and August 26, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/ ...

NEW YORK, March 6, 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=134057&from=4 CLASS PERIOD: Mar ...

Conference call scheduled for Thursday, March 20, 2025, at 8:30 a.m. ET Tel Aviv, Israel, March 04, 2025 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR), a global provider of web data collection solutions, will release its financial results for the fourth quarter and full year ended December 31, 2024, before the Nasdaq market opens on Thursday, March 20, 2025. Mr. Shachar Daniel, Chief Executive Officer, and Mr. Shai Avnit, Chief Financial Officer, will host a conference call on March 20, ...

NEW YORK, March 4, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Alarum Technologies Ltd. ("Alarum Technologies Ltd." or the "Company") (NASDAQ: ALAR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Alarum Technologies Ltd. investors who were adversely affected by alleged securities fraud between March 14, 2024 and August 26, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/ ...