Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 154

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 154
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 equivalents                                         4,246                             7,532      ( 411    
  Effect of exchange rate changes on cash and cash equivalents                 ( 37                                 50      ( 127    
  Cash and cash equivalents at beginning of the year                           10,872                            3,290      3,828    
  Cash and cash equivalents at end of the year                                 15,081                           10,872      3,290    
  Supplemental disclosure of non-cash investing and financing activities:                                                            
  Addition of right-of-use assets                                              16                                  903      40       
  Proceeds for sale of discontinued operations                                 -                                    82      -        

The accompanying notes are an integral part
of these consolidated financial statements.

F-8

ALARUM TECHNOLOGIES LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - GENERAL:

Background

Alarum Technologies Ltd. (Nasdaq, TASE: ALAR)
(“ Alarum”, and collectively referred to with its wholly-owned subsidiaries as the “ Company”) is a global provider
of web data collection solutions.

The Company currently operates inoneoperating
segment - web data collection (formerly known as enterprise internet access). The solutions are provided through the Company’s wholly-owned
subsidiary NetNut Ltd. (“ NetNut”) and enable customers to collect data anonymously at any scale from any public sources over
the web using a unique hybrid network. For further information, see Note 2 below.

War in Israel

On October 7, 2023, Hamas Organization (“ Hamas”)
launched an unprecedented attack on Israel, infiltrating its southern border and targeting civilians and military sites while firing rockets.
In response, Israel declared war on Hamas, and the conflict is ongoing. Following the attack, Hezbollah Organization (“ Hezbollah”)
also launched strikes on northern Israel, prompting Israeli retaliatory strikes. In October 2024, Israel initiated a ground operation
in Lebanon. By the end of November 2024, Israel and Hezbollah reached a ceasefire agreement, and in January 2025, Israel and Hamas also
reached a ceasefire agreement, though the stability of both agreements remains uncertain. To date, there is no material adverse impact
on Company’s operations and financial results as a result of this war. However, at this time, it is not possible to predict the
intensity or duration of the war, nor can the Company predict how this war will ultimately affect Israel’s economy in general.