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Alarum Technologies Ltd. (ALAR) stock

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NASDAQ: ALAR Nasdaq Systems Software

C+ Fundamentals grade

Alarum Technologies Ltd. is a US-listed company in the systems software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: latest balance sheet has no long-term debt figure we can read (last reported 2024-12-31).

Price vs value

Under review: latest balance sheet has no long-term debt figure we can read (last reported 2024-12-31). We'll show the comparison once resolved.

Alarum Technologies Ltd. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds15 adding, 8 cuttingOf 4 active managers that changed their stake, 4 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Alarum Technologies files

Where Alarum Technologies stands after its latest Filing

Revenue for the twelve months was $41m, up 28.1% on a year earlier, faster than the 20.0% growth a quarter earlier. Free-cash-flow margin rose to -5.3% from -95.1% a year earlier. Operating margin widened to 0.5% from -107.9%. The diluted share count is up 6.6% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 3 financial-health checks.

Our model value for Alarum Technologies is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Alarum Technologies Ltd.'s trailing-twelve-month revenue grew 28.1% year on year, with a free-cash-flow margin of -5.3%.

Our discounted-cash-flow model values the business at ~$17 per share in the base case (~$13–$21 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 300% in the quarter to 2026-03-31, the 4th beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 28.1% over the last 12 months, against a median of 16.9% for systems software companies we cover.
  • Growth speeding up. The growth rate is 8.1 points higher than a quarter earlier.
  • Net cash. Cash exceeds long-term debt by $0.0bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Margins narrowing. Operating margin is down 20.6 points on a year ago.
  • Burning cash. Free cash flow was -5.3% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 6.6% in a year.
  • Gross margin slipping. Gross margin is down 16.6 points on a year ago.
  • Weak cash conversion. Free cash flow was -224% of net income over the last 12 months.

Latest results

Earnings per share
$0.08 against an average estimate of $0.02: beat by 300.0%

Alarum Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.3%
  • 1 week-9.9%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$40.8M
Operating margin
0.5%
Net margin
2.4%
EPS (TTM, diluted)
$0.14

Growth

Revenue growth
+28.1%
Change in growth rate
+8.1 pts
Share count change
+6.6%

Cash

Free cash flow (TTM)
-$2.2M
FCF margin
-5.3%
Stock pay % of revenue
8.5%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for ALAR from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Alarum Technologies Ltd. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: latest balance sheet has no long-term debt figure we can read (last reported 2024-12-31): held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Alarum Technologies Ltd. as an operating company, with every model that fits that kind of business. Cost of equity 10.4%: the 10-year Treasury yield (4.9%) plus a beta of 1.2 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$1.9 ~$1.6–$3.6 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Alarum Technologies Ltd. with Systems Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Alarum Technologies Ltd.: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Mar 2026 $0.02 $0.08 +300.0%
Dec 2025 −$0.01 $0.03 +400.0%
Sept 2025 $0.02 $0.07 +248.5%
Jun 2025 $0.02 $0.17 +750.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Positioning

Short interest
0.6%
of tradable shares
Days to cover
0.57
at average volume
Short interest, 1 month
−69%
to October 15, 2026
Held by institutions
4%
of shares
Held by insiders
0.5%
of shares
Employees
103
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Alarum Technologies Ltd. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Alarum Technologies Ltd.
$0 $20M $40M $60M FY16 Q4 FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Revenue (TTM), FY16 Q4: $843K Revenue (TTM), FY17 Q4: $1.1M Revenue (TTM), FY18 Q4: $1.5M Revenue (TTM), FY19 Q4: $3.3M Revenue (TTM), FY20 Q4: $4.9M Revenue (TTM), FY21 Q4: $9.7M Revenue (TTM), FY22 Q4: $18.6M Revenue (TTM), FY23 Q4: $26.5M Revenue (TTM), FY24 Q4: $31.8M Revenue (TTM), FY25 Q4: $40.8M $40.8M

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY16 Q4 $843K
FY17 Q4 $1.1M
FY18 Q4 $1.5M
FY19 Q4 $3.3M
FY20 Q4 $4.9M
FY21 Q4 $9.7M
FY22 Q4 $18.6M
FY23 Q4 $26.5M
FY24 Q4 $31.8M
FY25 Q4 $40.8M
Revenue growth, TTM YoY Alarum Technologies Ltd.
0% 50% 100% 150% FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY25 Q4 Revenue growth, TTM YoY, FY17 Q4: 30.0% Revenue growth, TTM YoY, FY18 Q4: 33.8% Revenue growth, TTM YoY, FY19 Q4: 124.0% Revenue growth, TTM YoY, FY20 Q4: 48.8% Revenue growth, TTM YoY, FY21 Q4: 97.6% Revenue growth, TTM YoY, FY22 Q4: 92.1% Revenue growth, TTM YoY, FY23 Q4: 43.0% Revenue growth, TTM YoY, FY24 Q4: 20.0% Revenue growth, TTM YoY, FY25 Q4: 28.1% 28.1%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY17 Q4 30.0%
FY18 Q4 33.8%
FY19 Q4 124.0%
FY20 Q4 48.8%
FY21 Q4 97.6%
FY22 Q4 92.1%
FY23 Q4 43.0%
FY24 Q4 20.0%
FY25 Q4 28.1%
Operating margin (TTM) Alarum Technologies Ltd.
-1000% -500% 0% 500% FY16 Q4 FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 Operating margin (TTM), FY16 Q4: -871.6% Operating margin (TTM), FY17 Q4: -665.7% Operating margin (TTM), FY18 Q4: -628.0% Operating margin (TTM), FY19 Q4: -298.1% Operating margin (TTM), FY20 Q4: -231.9% Operating margin (TTM), FY21 Q4: -107.9% Operating margin (TTM), FY22 Q4: -68.6% Operating margin (TTM), FY23 Q4: -20.7% Operating margin (TTM), FY24 Q4: 21.1% Operating margin (TTM), FY25 Q4: 0.5% 0.5%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Operating margin (TTM)
FY16 Q4 -871.6%
FY17 Q4 -665.7%
FY18 Q4 -628.0%
FY19 Q4 -298.1%
FY20 Q4 -231.9%
FY21 Q4 -107.9%
FY22 Q4 -68.6%
FY23 Q4 -20.7%
FY24 Q4 21.1%
FY25 Q4 0.5%
FCF margin (TTM) Alarum Technologies Ltd.
-600% -400% -200% 0% 200% FY16 Q4 FY18 Q4 FY20 Q4 FY22 Q4 FY25 Q4 FCF margin (TTM), FY16 Q4: -398.1% FCF margin (TTM), FY17 Q4: -499.7% FCF margin (TTM), FY18 Q4: -598.9% FCF margin (TTM), FY19 Q4: -206.4% FCF margin (TTM), FY20 Q4: -134.4% FCF margin (TTM), FY21 Q4: -95.1% FCF margin (TTM), FY22 Q4: -43.7% FCF margin (TTM), FY23 Q4: 17.2% FCF margin (TTM), FY24 Q4: 27.6% FCF margin (TTM), FY25 Q4: -5.3% -5.3%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY16 Q4 -398.1%
FY17 Q4 -499.7%
FY18 Q4 -598.9%
FY19 Q4 -206.4%
FY20 Q4 -134.4%
FY21 Q4 -95.1%
FY22 Q4 -43.7%
FY23 Q4 17.2%
FY24 Q4 27.6%
FY25 Q4 -5.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 1 1 1 3 5 10 19 27 32 41
Gross profit 0 1 1 1 2 5 10 19 24 24
EBITDA — — −9 −10 −11 −10 −12 −3 7 0
Operating income −7 −7 −9 −10 −11 −10 −13 −5 7 0
Net income 9 5 −12 −13 −8 −13 −13 −6 6 1
Diluted EPS — — — — — −$4.80 −$4.20 −$1.40 $0.80 —
Growth (year on year)
Revenue — +30.0% +33.8% +124.0% +48.8% +97.6% +92.1% +43.0% +20.0% +28.1%
EBITDA — — — — — — — — — −94.3%
Operating income — — — — — — — — — −96.9%
Net income — −40.5% −321.2% — — — — — — −83.3%
Margins
Gross margin 39.3% 46.8% 46.0% 42.5% 48.9% 49.8% 54.7% 70.9% 75.1% 58.5%
EBITDA margin — — −623.3% −297.5% −231.1% −103.8% −63.3% −10.3% 21.6% 1.0%
Operating margin −871.6% −665.7% −628.0% −298.1% −231.9% −107.9% −68.6% −20.7% 21.1% 0.5%
Net margin >999% 484.8% −801.7% −395.8% −160.6% −136.0% −70.9% −20.8% 18.2% 2.4%
Free-cash-flow margin −398.1% −499.7% −598.9% −206.4% −134.4% −95.1% −43.7% 17.2% 27.6% −5.3%
Cash flow
Cash from operations −3 −5 −9 −7 −7 −9 −8 5 9 −2
Capital spending 0 0 0 0 0 0 0 0 0 0
Free cash flow −3 −5 −9 −7 −7 −9 −8 5 9 −2
Stock-based pay 2 1 0 1 1 2 2 1 2 3
Free cash flow after stock pay −5 −7 −9 −7 −7 −12 −10 4 7 −6
Balance sheet
Cash 1 4 4 4 11 4 3 11 15 12
Total debt 0 0 0 0 0 0 3 1 2 —
Net debt (negative = net cash) −1 −4 −4 −4 −11 −4 0 −9 −13 −12
Diluted shares — — — — 1m 3m 3m 4m 7m 7m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 3 checks passed · December 31, 2025
What it owns · $46m
Short-term assets $25mLonger-term assets $21m
What it owes, and who funded it · $46m
Short-term liabilities $11mLonger-term liabilities $2mShareholders' equity $32m
  • Short-term assets cover short-term liabilities $25m of assets due within a year against $11m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $25m short-term assets against $2m of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of $207,000 against $208,000 of interest.

From Alarum Technologies Ltd.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+6.6%
year over year
R&D spending
18.5%
of revenue

Competitors: side by side with peers

Closest by revenue in systems software
Last 12 months unless stated ALAR ORIO CHOW HUBC SVCO GRRR Median
Revenue, last 12 months $41m $49m $32m $32m $72m $101m $1.1bn
Revenue growth, last 12 months 28.1% −5.5% 38.3% 7.1% 31.9% 35.7% 16.9%
Gross margin 58.5% 69.6% 12.9% 16.7% 83.1% 33.4% 69.6%
Operating margin 0.5% −3.9% −9.4% −222.0% −35.6% −13.5% 3.7%
Operating margin, 3-year average −257.7% — — — −53.2% — 4.0%
Net margin 2.4% −12.4% −9.4% −378.3% −30.4% −11.1% 2.4%
Cash from operations / revenue −4.9% −1.4% −22.5% −99.2% −46.7% −28.3% 16.6%
Free-cash-flow margin −5.3% −1.5% −22.5% −99.3% −47.2% −28.9% 15.0%
Free-cash-flow margin, 3-year average −200.0% −34.7% — — −38.6% — 18.8%
Stock pay / revenue 8.5% 2.6% — 10.1% 16.9% 0.3% 8.2%
Change in share count 6.6% −1.3% 2.7% 537.5% 8.2% 110.6% 2.7%

Median of all 37 companies we cover in systems software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

37 systems software companies
Measure Company Peer median Rank
Revenue growth Growth 28.1% 16.9% 9 of 37
Change in growth rate Growth +8.1pp -0.3pp 10 of 37
Gross margin Profitability 58.5% 70.4% 22 of 32
Operating margin Profitability 0.5% 3.8% 19 of 34
Net margin Profitability 2.4% 2.4% 19 of 37
Free-cash-flow margin Cash generation -5.3% 17.3% 26 of 34
Stock pay as % of revenue Cash generation 8.5% 8.5% 19 of 36
Long-term debt as % of assets Balance sheet 2.8% 4.3% 7 of 23
Change in share count Balance sheet 6.6% 3.1% 24 of 34

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$2.4M
Institutions reporting
24
Shares held vs prior quarter
▲ 182.6%
Positions opened / closed
9 / 4

Top buyers and sellers, Q2 2026: 15 institutions bought and 8 sold ; the biggest buyer was Marshall Wace, LLP (+64K shares) and the biggest seller UBS Group AG (−13K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Marshall Wace, LLP $515,894 64K 21.9% New
Renaissance Technologies LLC $432,592 54K 18.4% ▲ 301.5%
Jane Street Group, LLC $303,180 38K 12.9% New
Essex Investment Management Co LLC $223,086 28K 9.5% New
Quadrature Capital Ltd $216,654 27K 9.2% New
Citadel Advisors LLC $209,884 26K 8.9% ▲ 75.4%
Xtx Topco Ltd $99,977 12K 4.3% ▼ 33.2%
Susquehanna International Group, LLP $82,217 10K 3.5% New
Rhumbline Advisers $72,658 9K 3.1% ▲ 49.1%
Gamma Investing LLC $44,381 6K 1.9% ▲ 4.8%
Wells Fargo & Company $41,929 5K 1.8% ▲ 14.2%
Osaic Holdings, Inc. $35,834 4K 1.5% ▼ 23.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Alarum Technologies Ltd.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Data status

When each part of this page on Alarum Technologies Ltd. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Alarum Technologies Ltd. in brief

What does Alarum Technologies Ltd. do?
Alarum Technologies Ltd. is a US-listed company in the systems software industry. Its financial year ends in December.
What is Alarum Technologies Ltd.'s stock ticker?
Alarum Technologies Ltd. trades under the ticker ALAR on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Alarum Technologies Ltd.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Alarum Technologies Ltd. reported revenue of $40.8M, 28.1% higher than a year earlier, according to its SEC filings.
What is Alarum Technologies Ltd.'s free cash flow?
Alarum Technologies Ltd.'s free-cash-flow margin is -5.3% of revenue over the trailing twelve months, ranking 26 of the 34 systems software companies we cover.
Who are Alarum Technologies Ltd.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Marshall Wace, LLP, Renaissance Technologies LLC and Jane Street Group, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Who are Alarum Technologies Ltd.'s competitors?
In our Systems Software peer group, the companies closest to Alarum Technologies Ltd. are Orion Digital Corp., Chowchow Cloud International Holdings Ltd, Hub Cyber Security Ltd., Silvaco Group, Inc. and Gorilla Technology Group Inc. The side-by-side comparison below sets their revenue, margins and growth against Alarum Technologies Ltd.'s.