Alarum Technologies Q2 Results: Don't Snooze This Alarm
ALARAlarum Technologies .(ALAR) Seeking Alpha·2024-08-31 02:23

Hazal Ak/iStock via Getty Images Investment Thesis Alarum Technologies Ltd. (ALAR) has hit a rough patch. This is a company that took investors by storm in 2024, with its share price up more than 1,000% at one point. However, now Alarum Technology has lost its momentum. And even though the stock looks cheap, at approximately 12x forward EBITDA and with 20% of its market cap made up of cash, I remain neutral on this name, as I've done for some time. Rapid Recap Alarum is a business with a fanatic shareholder ...