Alarum Technologies Ltd.
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About
Alarum Technologies Ltd. operates as a digital consumer products company specializing in mobile applications focused on productivity and health. Headquartered in Tel Aviv, Israel, the company develops and markets a portfolio of freemium mobile applications that generate revenue through in-app subscriptions and advertising. Its flagship products include iTranslate, a translation and dictionary application available in over 100 languages, and Nextiva, a voice-over-IP (VoIP) calling service. The company's applications collectively serve millions of monthly active users across iOS and Android platforms globally. Alarum operates primarily through organic growth and strategic acquisitions, having acquired iTranslate in 2017 for approximately $12 million and VOCRE, another translation app, in 2018. The company's business model centers on converting free users to paid subscribers through premium features while maintaining an advertising-supported free tier. Alarum employs a lean operational structure with a small team managing its app portfolio from its Israeli headquarters. The company trades on the NASDAQ Capital Market under the ticker symbol ALAR. Recent initiatives include expanding its product offerings, optimizing user acquisition strategies, and enhancing monetization across its application ecosystem. The company faces competition from both established technology firms and independent app developers in the crowded mobile productivity and translation app markets.