Alarum Technologies ( (ALAR) ) has issued an announcement.
On March 20, 2025, Alarum Technologies announced its financial results for the fourth quarter and full year of 2024, marking a pivotal year due to a strategic shift towards data collection. The company reported a revenue increase to $31.8 million for 2024, with a net profit of $5.8 million and adjusted EBITDA of $9.4 million. Alarum’s strategic focus on data collection aligns with the growing AI trends, as evidenced by its involvement in AI model training trial projects with leading global companies. The company’s financial resilience and operational efficiency have positioned it to capitalize on long-term market growth, despite the dynamic industry landscape.
More about Alarum Technologies
Alarum Technologies Ltd. is a global provider of web data collection solutions, focusing on delivering services that cater to the increasing demand for data in the AI-driven market. The company has positioned itself as a key player in the industry by leveraging its robust technological foundation and strategic engagements with industry leaders.
YTD Price Performance: -27.89%
Average Trading Volume: 128,877
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $54.39M
For detailed information about ALAR stock, go to TipRanks’ Stock Analysis page.