Alarum sees Q3 revenue view to $12.8M plus/minus 7%

“Looking ahead, we expect to see the strong momentum and traction for our products continue into the third quarter of 2025, and as such, we expect third quarter revenues of approximately $12.8 million +/-7%, up 78% year-over-year and Adjusted EBITDA is expected to be approximately $1.1 million +/-$0.5 million,” said Mr. Shai Avnit, CFO. “This guidance includes the initial impact of a new large-scale AI data project with a major existing customer, which is expected to contribute approximately $3 million of revenue during the third quarter. We engaged in this project at rapid speed, prioritizing collaboration and execution with one of the world’s leading technology players. As we are still in the early ramp-up stages, it is not currently clear what the full scope and length of the project will be. Also at the initiation stages of this project, we are actively optimizing infrastructure and cost structures, and expect near-term profitability from this project to be limited. Given the size of the project, it is expected to have a noticeable impact on the Company’s overall profitability in the third quarter. We view this as a strategic collaboration and a significant step for Alarum (ALAR) to strengthen its positioning as a data collection leader for the AI market, with the potential to expand a key partnership with one of the world’s largest technology players.”