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Stock impact report

Alarum Announces Record of $1.7 Million Net Profit and $2.2 Million Adjusted EBITDA in the Fourth Quarter of 2023

Alarum Technologies Ltd. - American Depositary Shares (ALAR) 
Company Research Source: GlobeNewswire
Revenue Continues to Set Records; $7.1 million in the fourth quarter and over $26.5 million for full year 2023 NetNut’s revenues surged 150% both for the fourth quarter of 2023 and the entire year compared to the equivalent periods in 2022 – the annual revenue amounted to more than $21 million TEL AVIV, Israel, March 14, 2024 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and data collection solutions, today announced record financial results for the three months and full year periods, ended December 31, 2023.  Key highlights for the three months and year ended December 31, 2023: Net Retention Rates (NRR)1- Starting from 2024, the Company plans to update on a quarterly basis its customer retention (NRR). NetNut Ltd.’s (“NetNut”) NRRs were 153% as of December 31, 2023, and 144% as of September 30, 2023. NRR greater than 100% indicates that the company experiences revenue growth from its existing Show less Read more
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