Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 72

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 5
Chunk 72
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0.5 million for the year ended December 31, 2023. The change
to tax expense is due to the profit before income tax generated by NetNut in 2024, after utilizing all of its carryforward tax losses.

Profit (loss) from continuing operations

As a result of the foregoing,
our profit from continuing operations for the year ended December 31, 2024, was $5.8 million, compared to a loss of $5.6 million for the
year ended December 31, 2023.

5. B Liquidity and Capital Resources

Overview

As
of December 31, 2024, our cash and cash equivalents of approximately $15.1 million were intended for working capital, capital expenditures,
investment in technology and business acquisition purposes. We also had approximately $9.9 million as long-term debt investments, primarily
in the United States and other countries high rated corporate bonds, including accrued interest.

We
believe that our cash and cash equivalents will be sufficient to meet our anticipated cash needs for the foreseeable future and at least
for the next 12 months. Our future capital requirements will depend on many factors, including our growth rate, the timing and extent
of spending to support development efforts, the expansion of sales and marketing activities, the introduction of new and enhanced product
and service offerings, the continuing market acceptance of our products and our pursuit of strategic opportunities, including, but not
limited to, strategic acquisitions. If we are unable to raise additional capital when desired or if we cannot generate profit from operating
activities, our business, operating results, and financial condition would be adversely affected.

Results of cashflows
from continuing operations

                                                                      December 31,                     
  U. S. dollars in millions                                                   2024                     
 ───────────────────────────────────────────────────────────────────────────────────────────────────────
  Net cash provided by continuing operating activities                                   8.9      4.6  
  Net cash provided by (used in) continuing investing activities                        (9.3      0.7  
  Net cash provided by continuing financing activities                                   4.7      2.2  
  Net increase in cash and cash equivalents                                              4.3      7.5  

Cash Flows Provided by (Used in) continuing
Operating Activities

During the year ended December
31, 2024, net cash provided by continuing operating activities was $8.9 million, primarily attributable to an increase in the Company’s
oper