Business Context and Reporting Period
This Form 6-K filing by Safe-T Group Ltd. (not Alarum Technologies Ltd.) dated March 29, 2022, incorporates by reference a press release announcing financial results for the fourth quarter and full year ended December 31, 2021. The registrant is a foreign private issuer based in Herzliya, Israel.
Key Financial Metrics
- Revenue: The filing highlights record annual revenue of $10.3 million for the year ended December 31, 2021.
- Growth: Annual revenue growth exceeded 110% compared to the prior year.
- Other Metrics: The filing text provided does not contain specific values for profit, cash flow, margins, debt, or liquidity. These details are referenced as being in the attached press release (Exhibit 99.1) but are not present in the cover document text.
Material Changes
The primary material change reported is the achievement of record annual revenue, representing over 110% growth year-over-year. Specific quantitative comparisons for the fourth quarter versus the prior comparable period are not detailed in the provided text.
Guidance, Outlook, and Risks
The filing references sections titled "Forward-Looking Statements" and "Recent Business Developments" within the attached press release, but the specific content of the guidance, outlook, risks, or contingencies is not included in the provided text. No unusual items are explicitly described in the cover document.
Investor Verification Checklist
- Verify the specific profit margins and net income figures for the year ended December 31, 2021, by reviewing Exhibit 99.1.
- Confirm the breakdown of revenue growth between the fourth quarter and the full year.
- Review the "Forward-Looking Statements" section in the attached press release for updated guidance and risk factors.
- Check the balance sheet highlights in the press release for current debt levels and liquidity positions.