Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 15

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 3
Chunk 15
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 losses with respect to movements in exchange rates which
may be material and may also cause fluctuations in reported financial information that are not necessarily related to its operating results.
We expect that most of our revenues will continue to be generated in U. S. dollars with the balance in NIS for the foreseeable future,
and that a significant portion of our expenses will continue to be denominated in NIS. To date, foreign currency transaction gains and
losses and exchange rate fluctuations have not been material to our consolidated financial statements, and we have not engaged in any
foreign currency hedging transactions. See “ Item 11. Quantitative and Qualitative Disclosure About Market Risk - Foreign Currency
Exchange Risk.”

We
may acquire other businesses, which could require significant management attention, disrupt our business, dilute shareholder value, and
adversely affect our results of operations.

As
part of our business strategy and in order to remain competitive, we are evaluating acquiring or making investments in complementary
companies, products or technologies on an on-going basis. We have completed two main acquisitions to date - the acquisitions of
NetNut and CyberKick. Going forward, we may not be able to find suitable acquisition candidates, and we may not be able to complete such
acquisitions on favorable terms, if at all. If we do complete acquisitions, we may not ultimately strengthen our competitive position
or achieve our goals, and any acquisitions we complete could be viewed negatively by our customers, analysts and investors. In addition,
if we are unsuccessful at integrating such acquisitions or the technologies associated with such acquisitions, our revenues and results
of operations could be adversely affected. Any integration process may require significant time and resources, and we may not be able
to manage the process successfully. We may not successfully evaluate or utilize the acquired technology or personnel, or accurately forecast
the financial impact of an acquisition transaction, including accounting charges. We may have to pay cash, incur debt, or issue equity
securities to pay for any such acquisition, each of which could adversely affect our financial condition or the value of our Ordinary
Shares. The sale of equity or issuance of debt to finance any such acquisitions could result in dilution to our shareholders. The incurrence
of indebtedness would result in increased fixed obligations and could also include covenants or other restrictions that would impede
our ability to manage our operations.

We
are subject to governmental export and import controls that could subject us to liability in the event of non-compliance or
impair our ability to compete in