Alarum Technologies Ltd.
- Open
- 2.07
- Day high
- 2.16
- Day low
- 2.07
- Prev close
- 2.04
- Volume
- 56K
- Mkt cap
- $16M
- P/E (TTM)
- 12.1
- EPS (TTM)
- $0.18
- P/B
- 0.5
- P/S
- 0.3
- Yield
- —
- Per share
- —
Alarum Technologies Ltd. (ALAR) is a Technology company listed on NASDAQ. The stock is down 82% over the past year.
Alarum Technologies Ltd. (ALAR) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
ALAR earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 28, 2026 | $0.02 | $0.24 | +1176.6% | $12M | +9.8% |
| Mar 19, 2026 | $0.01 | $0.15 | +2900.0% | $12M | -1.6% |
| Nov 26, 2025 | $0.04 | $0.19 | +375.0% | $13M | +2.0% |
| Aug 28, 2025 | $0.02 | $0.17 | +750.0% | $9M | -26.8% |
| May 29, 2025 | $0.07 | $0.16 | +128.6% | $7M | -9.8% |
| Mar 20, 2025 | $0.13 | $0.20 | +53.8% | $7M | -2.6% |
| Nov 25, 2024 | $0.05 | $0.20 | +300.0% | $7M | -3.8% |
| May 21, 2024 | $0.28 | $0.45 | +60.7% | $8M | +13.5% |
| Jan 9, 2024 | $0.25 | $0.30 | +20.0% | $7M | — |
| Nov 28, 2023 | $0.07 | $0.30 | +328.6% | $7M | +2.3% |
| Aug 24, 2023 | $-0.24 | $-0.41 | -70.8% | $7M | +15.2% |
| May 30, 2023 | $-0.02 | $-0.02 | -1.6% | $6M | +12.9% |
ALAR insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| May 28, 2026 | Katz Chendirector | Grant | 150,000 | — |
| May 28, 2026 | Tal Moshedirector | Grant | 75,000 | — |
| May 28, 2026 | Avnit Shaiofficer: Chief Financial Officer | Grant | 150,000 | — |
| May 28, 2026 | Halfon Yehudadirector | Grant | 75,000 | — |
| May 28, 2026 | Weiss Omerofficer: Legal Counsel | Grant | 100,008 | — |
| May 28, 2026 | Remigolski Rakefetdirector | Grant | 75,000 | — |
| May 28, 2026 | Rubinstein Avrahamdirector | Grant | 75,000 | — |
Source: ALAR SEC Form 4 filings, latest May 28, 2026. For informational purposes only — not investment advice.
See the full ALAR insider & 13F page →Alarum Technologies Ltd. company profile
Overview
Alarum Technologies Ltd. (NASDAQ:ALAR) is an Israeli cybersecurity and data infrastructure company founded in 2013 and headquartered in Tel Aviv-Yafo. Originally established as Safe-T Group Ltd., the company rebranded to Alarum Technologies in January 2023 to better reflect its strategic pivot toward data collection and proxy network services. The company has undergone a significant transformation from a diversified cybersecurity provider to a specialized data infrastructure company focused primarily on enterprise internet access and data collection solutions through its flagship NetNut platform.
Business
Alarum Technologies operates in the data infrastructure and enterprise internet access market, providing proxy network services and data collection solutions primarily through its NetNut platform. The company's core business revolves around enabling organizations to access web data safely and efficiently through sophisticated proxy networks. The company's primary offering is an IP Proxy Network (IPPN) service that allows businesses to route their internet traffic through a vast network of proxy servers to collect data, conduct market research, verify advertisements, and perform other web-based activities while maintaining anonymity and avoiding blocking. This infrastructure consists of over 1,000 servers, 700+ proxy servers, and access to 52 million IP addresses globally, providing both residential and data center proxy services. Alarum's product portfolio includes several key components. The Website Unblocker is a specialized solution that helps customers bypass anti-bot measures and access websites that typically block automated data collection. The company is also developing an AI Data Collector product designed to automate data extraction and labeling processes for artificial intelligence applications. Additionally, Alarum offers traditional cybersecurity solutions including multi-factor authentication and software-defined perimeter solutions, though these represent a minimal portion of current revenues. The company's revenue is heavily concentrated in its data collection segment, which generated approximately 97% of total revenues in recent quarters, with the NetNut platform accounting for the vast majority of this business. The remaining revenue comes from legacy cybersecurity products that the company has largely scaled down as part of its strategic focus on the more profitable data infrastructure market.
Revenue model
Alarum Technologies generates revenue primarily through subscription-based and usage-based pricing models for its proxy network and data collection services. The company charges customers based on factors including bandwidth consumption, duration of access, number of requests, and the type of proxy services utilized. This creates a scalable revenue model where customers typically increase their spending as their data collection needs grow. The company's primary customers are enterprises across various sectors including e-commerce companies, AI and machine learning firms, advertising agencies, sales intelligence platforms, fintech companies, and market research organizations. These businesses require reliable access to web data for purposes such as price monitoring, competitive intelligence, ad verification, lead generation, and training AI models. The company has demonstrated strong customer retention with a Net Revenue Retention rate of 142-166%, indicating that existing customers consistently expand their usage over time. Several factors influence Alarum's profit margins and revenue potential. Positive margin drivers include the company's ability to achieve economies of scale as it expands its network infrastructure, the growing demand for AI training data which increases customer usage, and the premium pricing the company can command for its high-performance global network coverage. The company's gross margins have improved significantly, reaching 73-78% in recent quarters. Margin pressures come from the need for continuous investment in network infrastructure to maintain competitive performance and coverage, potential pricing competition from other proxy service providers, and the costs associated with acquiring and maintaining IP addresses and server infrastructure globally. Additionally, some customers may experience temporary usage fluctuations based on their business cycles, which can impact quarterly revenue predictability. The company must also balance investment in new product development, particularly in AI-related services, which may temporarily impact profitability while building future revenue streams.
Competitive moat
Alarum Technologies possesses a moderate competitive moat built primarily around its extensive global network infrastructure and established customer relationships. The company's key defensive advantages include its substantial proxy network comprising over 1,000 servers and access to 52 million IP addresses worldwide, which requires significant capital investment and operational expertise to replicate. This network infrastructure provides high success rates and global coverage that creates switching costs for customers who have integrated these services into their operations. The company benefits from strong customer retention dynamics, with Net Revenue Retention rates consistently above 140%, indicating that customers find the service valuable enough to expand usage over time. The technical complexity of maintaining high-performance proxy networks and the specialized knowledge required to navigate anti-bot measures and website blocking technologies creates some barriers to entry for new competitors. However, Alarum's moat faces several challenges. The proxy services market is becoming increasingly competitive with both established players and new entrants offering similar services. Large cloud providers like Amazon Web Services and Google Cloud are expanding their data collection and proxy capabilities, potentially commoditizing parts of Alarum's offering. Additionally, the regulatory environment around data collection and privacy is evolving, which could impact the entire industry. The company's moat strength is moderate rather than strong because the core technology, while sophisticated, is not proprietary in nature. Success depends heavily on execution, network quality, and customer service rather than unique intellectual property. The company's ongoing development of AI-powered data collection tools represents an attempt to strengthen its competitive position, but these products are still in early stages and face competition from well-funded AI companies with substantial resources.
Risks & safety
Alarum Technologies presents a strong margin of safety from a financial stability perspective, though valuation metrics vary significantly across reporting periods due to stock price volatility. Financial Stability: - Cash position: $15-25 million with minimal debt (debt-to-equity ratio of 0.06-0.11) - Current ratio: 2.3-3.4x indicating strong liquidity - Positive operating cash flow: $8.9 million in FY 2024 - No significant solvency risk given strong balance sheet Valuation Metrics: - Price-to-earnings ratio: Highly volatile, ranging from 1.2x to 24x depending on period - EV/EBITDA: 6.6x based on most recent annual results - Price-to-book ratio: 0.26x based on recent data, suggesting potential undervaluation - Graham number analysis suggests potential value at current levels Other Considerations: - Revenue growth: 20% annual growth with improving profitability trends - Strong customer retention reducing revenue volatility risk - Concentrated customer base creates some revenue concentration risk - Market position in growing AI/data collection sector provides growth optionality
Recent development
Over the past few years, Alarum Technologies has executed a dramatic strategic transformation from a diversified cybersecurity company to a focused data infrastructure provider. The most significant pivot occurred in 2022-2023 when management decided to scale down the consumer-facing CyberKick business and concentrate resources entirely on the enterprise NetNut platform, which proved to be significantly more profitable and scalable. The company achieved a major milestone by reaching profitability in Q3 2023, marking its first profitable quarter. This was followed by consistent profitability and strong cash flow generation throughout 2024. Key product developments include the launch of the Website Unblocker solution, which helps customers bypass anti-bot measures, and the development of an AI Data Collector product designed to automate data extraction and labeling processes. Alarum has significantly expanded its network infrastructure, growing from a smaller regional operation to a global platform with over 1,000 servers and 52 million IP addresses. The company has successfully penetrated new market segments including AI-powered sales intelligence, fintech, and recruitment sectors, moving beyond its traditional e-commerce customer base. Recent customer wins include major Fortune 100 and Fortune 200 companies, large social media platforms, and leading B2B sales intelligence providers. The company's Net Revenue Retention rate has consistently exceeded 140%, demonstrating strong organic growth within its existing customer base. Management has also begun exploring potential acquisitions in the data collection and AI insights markets to accelerate growth and expand capabilities, though no major transactions have been completed to date.
ALAR company profile · for informational purposes only — not investment advice.
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