Alarum Technologies delivers 10th consecutive quarter of growth
London, UK
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August 31, 2023 08:00 AM Eastern Daylight Time
Alarum Technologies Ltd (NASDAQ:ALAR) CEO Shachar Daniel speaks to Thomas Warner from Proactive after the internet access solution company released financial results for the three- and six-month periods ended June 30.
Daniel describes them as "great results" that surpassed his expectations, highlighting the 10th consecutive quarter of revenue growth with a positive adjusted EBITDA of $1.2 million in the current quarter, showcasing their commitment to profitability. He attributes the growth to strong performance of the business as well as the expanding data market and the rising demand for data solutions, fuelled by the increasing role of AI in data collection.
Alarum's scalable platform and solutions enable enterprises to collect internet data anonymously and efficiently. Their strategic focus on the B2B sector and plans for developing advanced data collection and business intelligence solutions are poised to drive future growth. Daniel expressed confidence in the team's ability to overcome challenges and continue to deliver growth and keep creating innovative products.
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