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Financial statements

Alarum Technologies Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Alarum Technologies Ltd. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue0.841.11.473.284.899.6518.626.531.840.8
Cost of revenue0.510.580.791.892.54.848.47.717.9216.9
Gross profit0.330.510.681.42.394.8110.118.823.923.8
Research and development1.091.612.412.492.22.633.823.564.57.53
Selling, general and administrative2.122.151.933.764.27.016.76
Selling and marketing0.210.810.71.061.15
Operating income-7.35-7.3-9.21-9.79-11.3-10.4-12.7-5.56.720.21
Interest expense1.85-1.982.543.180.310.120.170.790.510.27
Interest income0.285.310.963.083.551.060.480.20.81.53
Pre-tax income-8.92-5.31-11.7-13-8.09-9.47-12.8-6.0971.47
Income tax000.010.02-0.25-0.95-0.33-0.481.220.51
Income from continuing operations-8.53-12.5-5.615.780.96
Net income to minority interests8.925.31-12.5-14.5-9.54-13.1-13.2
Net income8.925.31-11.8-13-7.85-13.1-13.2-5.535.780.96
EBITDA-9.77-11.3-10-11.7-2.736.880.39
EPS, basic-612.49-230.68-266.72-38.23-0.71-0.48-0.42-0.140.090.01
EPS, diluted-612.49-230.68-279.94-41.25-0.84-0.48-0.42-0.140.080.01

Balance sheet

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents1.313.513.724.34113.833.2910.915.112.3
Short-term investments5.89
Total current assets4.414.915.5212.611.96.413.318.825.3
Property, plant and equipment0.170.140.270.140.120.090.090.130.19
Lease right-of-use assets0.440.540.450.190.780.52.75
Goodwill0.520.526.885.391110.44.124.124.12
Intangible assets0.760.84.614.27.014.881.390.812.06
Total assets5.936.3717.82330.722.420.134.845.9
Accounts payable0.40.410.482.170.370.250.43
Short-term debt1.61
Total current liabilities1.572.3313.54.735.438.145.568.1711.5
Lease liabilities0.320.370.20.010.520.261.95
Total liabilities2.792.6615.16.766.479.066.898.4613.8
Paid-in capital28.541.652.471.591.195.1101112115
Retained earnings-37.9-49.7-62.7-70.5-83.7-96.8-102-96.6-95.6
Total equity1.223.143.712.7816.224.213.313.226.432.1
Total liabilities and equity5.936.3717.82330.722.420.134.845.9

Cash flow statement

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-8.92-5.31-11.8-13-7.85-13.1-13.2-5.535.780.96
Depreciation and amortization0.020.040.390.992.770.160.19
Stock-based compensation1.290.670.220.230.3
Cash from operations-3.32-5.35-8.74-6.73-6.53-9.11-8.054.628.89-2.01
Capital expenditures-0.04-0.13-0.04-0.05-0.04-0.07-0.05-0.06-0.1-0.14
Cash from investing-0.05-0.15-0.37-5.6-1.19-9.85.040.7-9.340.31
Debt issued1.670.89
Debt repaid-0.5
Stock issued5.65.589.235.05159.75
Cash from financing4.597.459.3613.114.611.62.62.214.69-0.64
Exchange rate effect0.030.25-0.05-0.16-0.230.07-0.130.05-0.04-0.48
Net change in cash1.221.950.260.786.91-7.26-0.417.534.25-2.34
Free cash flow-3.36-5.48-8.78-6.78-6.57-9.18-8.14.578.79-2.16

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.78 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin58.5%Gross profit / revenue.
Operating margin0.5%Operating income / revenue.
EBITDA margin1.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin3.6%Pre-tax income / revenue.
Net margin2.4%Net income / revenue.
FCF margin-5.3%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-4.9%Cash from operations / revenue.
Effective tax rate34.6%Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)2.4%Net income / average total assets.
R&D / revenue18.5%Research and development expense / revenue.
Capex / revenue0.4%Capital expenditures / revenue.
D&A / revenue0.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y28.1%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y30.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y52.8%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-0.3%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y32.9%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y58.4%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y-96.9%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y-94.3%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-83.3%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y-87.5%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-122.7%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-124.5%Free cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y31.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y27.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y14.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.21xCurrent assets / current liabilities.
Quick ratio1.07x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.07x(Cash + short-term investments) / current liabilities.
Liabilities / assets30.1%Total liabilities / total assets.
Interest coverage0.78xOperating income / interest expense.
Working capital$13.9MCurrent assets - current liabilities.
Goodwill and intangibles / assets13.5%(Goodwill + intangible assets) / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.01xRevenue / average total assets.
Fixed asset turnover255xRevenue / average property, plant and equipment.
Days payables7 days365 x average accounts payable / cost of revenue.
FCF conversion-224.0%Free cash flow / net income, when net income is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$0.01Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic$0.01Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$12.9MShare price x shares outstanding.
Enterprise value$638.8KMarket cap + total debt - cash - short-term investments.
P/E13.4xMarket cap / net income. Only when net income is positive.
P/S0.32xMarket cap / revenue.
EV/Sales0.02xEnterprise value / revenue.
EV/EBIT3.09xEnterprise value / operating income, when both are positive.
EV/EBITDA1.62xEnterprise value / EBITDA, when both are positive.
FCF yield-16.7%Free cash flow / market cap.
Earnings yield7.5%Net income / market cap (the inverse of P/E).
What was Alarum Technologies Ltd.'s revenue in fiscal 2025?

Alarum Technologies Ltd. reported revenue of $40.8M for fiscal 2025, 28.1% higher than the year before.

Was Alarum Technologies Ltd. profitable in fiscal 2025?

Yes. Net income was $963.0K, a net margin of 2.4%.

How much free cash flow did Alarum Technologies Ltd. generate in fiscal 2025?

Cash from operations of $2.0M minus capital expenditures of $143.0K left free cash flow of -$2.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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