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Alarum Technologies
Alarum Technologies (ALAR) investor relations material
Alarum Technologies Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary26 Nov, 2025
Executive summary
Q3 2025 revenue reached $13 million, up 81% year-over-year, driven by surging demand from AI customers and strong adoption of new AI-centric products.
Paying customers grew by 26%, with a 17% increase in average revenue per customer; growth was broad-based and mostly from existing customers.
Achieved $36.3 million in LTM revenues to Q3 2025, with $4.9 million in LTM Adjusted EBITDA, reflecting strong growth in data collection for AI and enterprise clients.
Completed transition to a pure data collection company, divesting cybersecurity and scaling down consumer activities, with a strategic focus on AI and e-commerce sectors.
Significant traction was seen in global e-commerce platforms in Asia, with repeat and expanding orders.
Financial highlights
Q3 2025 revenue was $13 million, up from $7.2 million in Q3 2024, an 81–84% year-over-year increase; nine-month 2025 revenue was $28.9 million.
Non-IFRS gross margin was 56% in Q3 2025, down from 74% in Q3 2024, due to higher upfront costs and lower unit pricing for large AI customers.
Net profit for Q3 2025 was $0.1 million, compared to $4.2 million in Q3 2024; Adjusted EBITDA was $1.2 million, slightly down from $1.4 million in Q3 2024.
Cash, cash equivalents, and investments stood at $24.6 million as of September 30, 2025; shareholders' equity was $31.1 million.
Operating expenses rose to $7.4 million from $4.1 million year-over-year, mainly due to increased R&D and sales-related compensation.
Outlook and guidance
Q4 2025 revenue is expected to be around $12 million, ±7%, representing 62–63% year-over-year growth.
Full-year 2025 revenue is projected at approximately $41 million, up nearly 30% year-over-year.
Adjusted EBITDA for Q4 2025 is expected to be around $1 million, with a ±$500,000 range.
Management anticipates smoother, more predictable revenue growth as AI models move into structured production cycles.
Plans to expand infrastructure, network coverage, and endpoints, and to penetrate new sectors including Fortune 500 companies.
Gross margin recovery timeline from AI investments
How are AI customer land-and-expand dynamics?
What drives smoother revenue patterns post-Q4?
Margin recovery: impact of in-house solutions
AI customer revenue: R&D vs production stability
Product mix shift: impact on unit economics
Partial view of Summaries dataset, powered by Quartr API
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Next Alarum Technologies earnings date
Q4 202517 Mar, 2026
Alarum Technologies
Next Alarum Technologies earnings date
Q4 202517 Mar, 2026
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Frequently asked questions
Alarum Technologies Ltd., formerly known as Safe-T Group Ltd., is a global provider of cybersecurity and privacy solutions with operations spanning across Israel, the United States, the Middle East, the United Kingdom, the British Virgin Islands, and the Asia Pacific. The company operates in three segments: Enterprise Cybersecurity, Enterprise Internet Access, and Consumer Internet Access. Its offerings include iShield, a cloud-based cybersecurity software, and a variety of internet access solutions through static and rotating residential proxy networks, and data center proxy networks. These services cater to diverse sectors including financial organizations, cybersecurity firms, industrial and commercial companies, and educational institutions. Alarum Technologies Ltd. was established in 2013 and is headquartered in Tel Aviv, Israel. Its shares are listed on the NASDAQ.
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