Alarum Announces Q1 2024 Results
TEL AVIV, Israel, May 21, 2024 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and web data collection solutions, today announced financial results for the three-month period ended March 31, 2024.
- “I am thrilled to report another record quarter, marking continued growth and profitability for our company,” said Mr. Shachar Daniel, Chief Executive Officer of Alarum.
- Financial Results for the first quarter of 2024:
Revenues amounted to $8.4 million (Q1.2023: $5.7 million). - The increase stems from the 2024 first quarter net profit as well as warrants and options exercises.
- Outstanding ordinary share count as of March 31, 2024 was 64.1 million, or 6.4 million in ADSs.