Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 2

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 3
Chunk 2
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able products or enhancements to our products, design improvements,
cost savings, revenues or other expected benefits. If we spend significant time and effort on research and development and are unable
to generate an adequate return on our investment, our business and results of operations may be materially and adversely affected.

If
we fail to effectively manage our growth, our business and operations will be negatively affected, and as we invest in the growth of
our business, we expect our operating and net profit margins to decline in the near-term.

We
have experienced rapid growth in the last five years and intend to continue to grow our business. Our annual operating expenses may continue
to increase as we invest in sales, marketing, research and development. Our growth to date has placed significant demands on our management,
sales, operational and financial infrastructure, and our growth will continue to place significant demands on these resources. We may
not be able to successfully implement these improvements in a timely or efficient manner, and our failure to do so may materially impact
our projected growth rate. We may also not be able to effectively manage the expansion of our operations, which may result in weaknesses
in our infrastructure, operational mistakes, loss of business opportunities, failure to deliver and timely deliver our products to customers,
loss of employees and reduced productivity among remaining employees. Our expected growth could require significant capital expenditures
and may divert financial resources from other projects, such as the development of current and additional new products. If our management
is unable to effectively manage our growth, our expenses may increase more than expected, our ability to generate and/or grow revenue
could be reduced, and we may not be able to implement our business strategy.

As
we invest in the growth of our business, we expect that these investments will result in increased costs and may impact our short and
mid-term operating and net profit margins. A failure to meet market expectations regarding our profitability and our position as a growth
company has had and could continue to have an adverse effect on the price of our Ordinary Shares and ADSs.

Our
quarterly and annual results of operations may fluctuate for a variety of reasons.

Our
operating results and financial condition may fluctuate from quarter to quarter and year to year and may continue to vary due to several
factors, many of which will not be within our control. If our operating results do not meet the guidance that we provide to the market
or the expectations of securities analysts or investors, the market price of our Ordinary Shares and the ADSs will likely decline. Fluct