Related Press Release
Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and web data collection solutions, recently announced that it anticipates reporting record revenue and operating cashflow for the fourth quarter of 2023.
The Company estimates that $2.8 million in cashflow from operating activities was generated for the quarter, compared to a negative cashflow of approximately $1.8 million for the same period a year earlier. With total expected revenue for last year estimated at $26.5 million, Alarum anticipates an increase of approximately 41% compared to the total revenue of 2022. Furthermore, it was reported that the cash and cash equivalents balance was approximately $10.8 million as of December 31, 2023.
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About Alarum Technologies Ltd.
Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) is a global provider of internet access and web data collection solutions. The solutions by NetNut, our Enterprise Internet Access arm, are based on our world’s fastest and most advanced and secured hybrid proxy network, enabling our customers to collect data anonymously at any scale from any public sources over the web. Our network comprises both exit points based on our proprietary reflection technology and hundreds of servers located at our ISP partners around the world. The infrastructure is optimally designed to guarantee the privacy, quality, stability, and the speed of the service.
For more information about Alarum, please visit www.alarum.io
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