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Safe-T Group Ltd. (IL:ALAR)
:ALAR
Earnings Data
Report Date
May 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
8.2Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: -10.04%
|Next Earnings Date:May 29, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a strong annual performance with record revenue and a significant increase in adjusted EBITDA. The company showed resilience and adaptability by focusing on the data collection market. However, quarterly results showed some challenges with decreased net profit and gross margin, alongside increased operating expenses. The industry faces volatility, but Alarum is strategically positioning itself for future growth.Company Guidance
During the Alarum Technologies Fourth Quarter and Full Year 2024 Corporate Update Conference Call, the company provided guidance for the first quarter of 2025, anticipating revenue to range at $7.3 million, plus or minus 3%, and adjusted EBITDA between $0.8 million and $1.2 million. The CEO, Shachar Daniel, highlighted the company's strategic focus on data collection, a shift that represented 97% of their $31.8 million annual revenue in 2024, up 45.2% from $21.3 million in 2023. The company's financial resilience was demonstrated by an adjusted EBITDA of $9.4 million, a notable increase from $5.2 million in 2023. The call also emphasized the company's strategic positioning to capitalize on the AI revolution, with a significant expansion of their IP network and a scalable global infrastructure to handle massive data traffic. Despite short-term revenue fluctuations attributed to evolving market dynamics, Alarum Technologies remains focused on long-term sustainable growth and strategic collaborations, particularly in the AI-driven data collection domain.Record Annual Revenue
Annual revenue reached a record high of $31.8 million, a 20% increase from 2023, with 97% attributed to the data collection segment.
Strong Performance in Data Collection
Data collection revenue increased to $30.9 million in 2024, a 45.2% increase from $21.3 million in 2023. Data collection now constitutes 97% of total revenue.
Improvement in Financial Position
Shareholders' equity doubled to $26.4 million from $13.2 million at the end of 2023, with cash, cash equivalents, and cash investments rising to $25 million from $10.9 million.
Growth in Adjusted EBITDA
Annual adjusted EBITDA reached a record $9.4 million, up from $5.2 million in 2023.
IL:ALAR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IL:ALAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 20, 2025 | 299.70 | 248.30 | -17.15% |
Nov 25, 2024 | 554.20 | 489.30 | -11.71% |
Aug 26, 2024 | 788.10 | 549.00 | -30.34% |
May 21, 2024 | 995.70 | 1065.00 | +6.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Safe-T Group Ltd. (IL:ALAR) report earnings?
Safe-T Group Ltd. (IL:ALAR) is schdueled to report earning on May 29, 2025, TBA Not Confirmed.
What is Safe-T Group Ltd. (IL:ALAR) earnings time?
Safe-T Group Ltd. (IL:ALAR) earnings time is at May 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Safe-T Group Ltd. stock?
The P/E ratio of Safe-T Group is N/A.
What is IL:ALAR EPS forecast?
Currently, no data Available