Alarum Technologies Ltd (ALAR)

[Belg]

Good morning,

Yesterday, following the release of Safe-T Group’s 4th quarter and fiscal 2021 earnings, Dawson James issued an updated research report reiterating its $6 price target and highlighting the Company’s guidance of 50% annual revenue and a compound annual growth rate (CAGR) and target of $50 million in revenue by 2025.
You can find the full research report here - https://files.ctctusercontent.com/fdcb5758701/2665632e-f62d-4172-804e-898616edf7e0.pdf?rdr=true
In the fourth quarter of 2021, Safe-T Group reported record annual revenue of $10.3 million representing over 110% growth. The Company also indicated it expects lower operational expenses commencing in the third quarter of 2022 due to its collaboration with TerraZone for its ZoneZero enterprise security solution. The Company’s earnings press release can be found here: https://www.safetgroup.com/safe-t-group-reports-record-annual-revenue-of-10-3-million-representing-over-110-growth/