Revenue Growth
Total Q3 2024 revenues were $7.2 million, up 6.6% from $6.8 million in Q3 2023. NetNut's portion of the revenue increased by 13.7% from $6.1 million in Q3 2023 to $7 million in Q3 2024.
Strong Cash Position
Alarum's cash and cash equivalents increased to $24 million by the end of Q3 2024, up from $10.9 million as of December 31, 2023.
Adjusted EBITDA Exceeds Guidance
Adjusted EBITDA for Q3 2024 was $1.4 million, exceeding the guidance provided.
Fortune 200 Customer Expansion
A Fortune 200 company expanded its subscription to include the Website Unblocker product, indicating strong market acceptance and potential for future growth.
Strong Shareholders' Equity
Shareholders' equity rose to $25 million at the end of Q3 2024, up from $13.2 million on December 31, 2023.
Positive Net Profit Trend
IFRS net profit increased to $4.2 million for Q3 2024, up from $1.1 million in Q3 2023.