Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 68

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 5
Chunk 68
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0.6  
  Profit (loss) from continuing operations before income tax               7.0      (6.1  
  Tax benefit (expense)                                                    1.2      (0.5  
  Profit (loss) from continuing operations                                 5.8      (5.6  

Revenues

The following table summarizes
our revenues by types for the periods presented. The period-to-period comparison of results is not necessarily indicative of results for
future periods.

                                   Year ended                                
                                 December 31,                                
  U. S. dollars in millions              2024                2023            
 ─────────────────────────────────────────────────────────────────────────────
  Software as a Service                            31.8                23.7  
  Advertising services                             *                    2.8  
  Total Revenues                                   31.8                26.5  

  Less than $0.1  

Our revenues for the year
ended December 31, 2024, amounted to $31.8 million, representing an increase of $5.3 million, or 20%, compared to $26.5 million for the
year ended December 31, 2023. The increase is attributed to a $9.6 million increase from $21.3 million to $30.9 million (45%) in the web
data collection segment revenues compared to 2023 due to an increase in sales volume. This increase was partially offset by a $4.3 million
decrease (83%) in the consumer internet access segment revenues, from $5.2 million to $0.9 million, due to the cessation of the advertising
services in mid-2023 and the scale down in the consumer product operations and revenues.

Cost of Revenues

The following table summarizes
our cost of revenues for the periods presented, as well as presenting the gross profit as a percentage of total revenues. The period-to-period
comparison of results is not necessarily indicative of results for future periods.

                                                                           Year ended            
                                                                         December 31,            
  U. S. dollars in millions                                                      2024            
 ─────────────────────────────────────────────────────────────────────────────────────────────────
  Internet protocols addresses costs                                              5.5       3.8  
  Amortization and impairment of intangible assets and depreciation               0.6       0.9  
  Traffic acquisition costs                                                         *       1.1  
  Payroll, related expenses and share-based payment                               0.3