This little-known company may be the future of privacy and security and could stand to see tremendous blue-sky growth ahead….
Greetings Investors,
The benefits of the Web have, of course, come at some cost, one of which is a loss of privacy.
We are also more vulnerable to data breaches and identity fraud because of the web. It's not surprising that most Americans believe their online and offline activities are being tracked and monitored by companies.
Consumer cybersecurity and private solutions have become critical components of everyday living for consumers, businesses, and governments.
Some of the brightest cybersecurity stocks this quarter included VeriSign Inc. (NASDAQ: VRSN), Booz Allen Hamilton Corp. (NYSE: BAH), and CACI International Inc. (NYSE: CACI). The stocks impressively notched double-digit gains in the last 12 months!
Most impressive is that they weathered the higher interest rate environment that has hurt many tech companies.
Then consider other cybersecurity companies like Cisco Systems Inc. (NASDAQ: CSCO) and Check Point Software Technologies Ltd. (NASDAQ: CHKP). Their market caps are massive and in the BILLIONS.
While these companies have enormous market caps, there are small-cap companies hiding in the cybersecurity solutions space that could be poised for astronomical growth ahead….
This includes little-known NASDAQ company Alarum Technologies Ltd. (ALAR), a global provider of enterprise and consumer internet access solutions based in Israel.
Cybersecurity spending has soared since the COVID-19 pandemic began. Organizations have been faced with new security challenges as cloud computing and remote work have become essential.
This is why in 2020 and 2021, cybersecurity stocks were among the top performers. And while a bear market hurt many in 2022, cybersecurity remains a top investment this year and beyond.
With a market cap of only around $7M, and a current share price a little north of $2.00, there are a few important reasons to have ALAR high on your radar…
First, ALAR has a high price target of $10 which indicates over 350% in potential upside!
The stock also currently has a "STRONG BUY" rating at Investing.com.
Revenues for the company have additionally been SKYROCKETING. ALAR reported $18.8 million in revenues for 2022, a staggering 83% higher compared to 2021.
Q1 2023 revenues are expected to be $5.5 million. This would be an increase of 50% compared to revenues of $3.7 million in the first quarter of 2022.
This would also mean 9 consecutive quarters of revenue growth. From 2018 to 2022, ALAR will have generated a CAGR of 91%!
Shachar Daniel, Chief Executive Officer of Alarum, stated, "I am proud of our ability to grow with record quarterly revenue. I believe this reflects our realignment, the execution of our strategy and our commitment to operational excellence. We have created a solid foundation which we believe will help accelerate our growth, lead us to profitability and achieve our long-term aspirations for all our stakeholders."
ALAR may be top for value, top for its potential to grow fast, and top for momentum as the company takes on the massive cybersecurity solutions market.
ALAR is set to announce its Q1 financial results on May 20th, which is right around the corner. Make sure you keep your eyes peeled as this could be a huge catalyst for a potential breakout!
https://alarum.io/
Alarum Technologies Ltd.
NASDAQ: ALAR
Company Overview:
Alarum Technologies Ltd. (NASDAQ: ALAR) is a global provider of internet access solutions. The Company operates in two distinct segments: solutions for enterprises and solutions for consumers.
NetNut:
The solutions by NetNut, its Enterprise Internet Access arm, are based on the company's world's fastest and most advanced and secured hybrid proxy network, enabling customers to collect data anonymously at any scale from any public sources over the web.
ALAR's network comprises both exit points based on our proprietary reflection technology and hundreds of servers located at its ISP partners around the world.
The infrastructure is optimally designed to guarantee privacy, quality, stability, and the speed of the service.
NetNut has broadened its presence across Asia with record in usage volumes of its robust data access network.
In late 2021, the company first established its footprint in the Asia market. Since then, it has experienced rapid growth in its network's usage and the number of customers, which has peaked in recent months, resulting in record activity volumes and income for NetNut.
"NetNut is one of the strongest and best-known brands in its field in North America and Europe and we are excited about ramping up our costumer traction and engagement in Asia as well," said Shachar Daniel, Chief Executive Officer of Alarum.
CyberKick:
CyberKick, the company's Consumer Internet Access arm, offers privacy and cybersecurity solutions to end users. These solutions are designed to allow users to take charge of their online privacy with a powerful, secured, and encrypted connection. The solutions are designed for basic and advanced use cases, ensuring complete protection of personal and digital information.
While NetNut targets the enterprise world, CyberKick approaches the consumer market and offers internet access privacy and cybersecurity solutions. The company's consumer-side solutions are designed to allow users to take charge of their online privacy with a powerful, secured and encrypted connection. These solutions are installed on the consumers' computers or mobile phones and are available via various browser and mobile applications stores.
CyberKick's business model is very attractive. Investing in acquiring new users allows ALAR to build revenue-generating assets, which are expected to yield future revenue streams. Thanks to this unique model we have successfully secured funding from a strategic investor that chose to invest directly in its customer acquisition program, as well as a credit line for working capital from a leading Israeli commercial bank to support this operation.
Big News:
ALAR has launched a new white-label consumer internet access privacy solution.
The new white label privacy solution maximizes branding, security, and control by offering private validators for exclusive use by each customer. It empowers users with the freedom to choose which browsing devices or applications are tracking them directly through encryption, without compromising direct access to the internet with other devices.
Users of the privacy application can also choose which data they want to hide by directing it through encryption tunnels as well as selecting which traffic to direct through local networks.
The application employs advanced encryption that prevents the access to a user data by internet service providers, man-in-the-middle attacks, advertisers, third parties, or anyone trying to spy on a user network or track users' online activities!
Shachar Daniel, Chief Executive Officer of Alarum, stated, "We have been working diligently over the past few months to enhance our service portfolio, and we believe the launch of our new white label enabled internet access privacy solution for consumers will open up new opportunities for us outside our traditional customer base and further accelerate our growth in the quarters ahead. In addition to our own marketing efforts, we are already in discussions with several large vendors that are interested in offering this solution to their consumers under their own brands."
In Summary…
ALAR has only recently transitioned from a traditional enterprise cybersecurity-centered company to an established leading provider of enterprise and consumer internet access solutions.
The company is especially excited about NetNut's accomplishments to date, including generating revenue growth quarter after quarter and becoming cash flow positive. NetNut is well positioned as a world leading brand in the field of data access.
It offers a global web data collection cloud service, based on ALAR's proprietary traffic optimization and routing technology and network.
During 2022, the company DOUBLED its network's infrastructure, which is now able to support and process billions in client requests.
ALAR's efforts have resulted in two solid business units that continue to grow and thrive. 2022 was an outstanding year, adding four more quarters of revenue growth that resulted in eight consecutive quarters of revenue growth, and estimated annual revenues of more than $18.5 million.
January 2023 kept this momentum with estimated revenues of $1.8 million and a decreasing burn rate. The company's Q1 financial report is expected to come out in a few days!
With a "STRONG BUY" rating from NASDAQ and a $10 price target, the upside from here could be incredible as ALAR continues to make a household name for itself in a big and critical arena….
Start your own research!
No comments:
Post a Comment