Business Context and Reporting Period
Company: Safe-T Group Ltd. (Note: Metadata listed "Alarum Technologies Ltd." but the filing text identifies the registrant as Safe-T Group Ltd.)
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: This filing, dated November 30, 2021, incorporates by reference a press release announcing financial results for the three- and nine-month periods ended September 30, 2021.
Business Overview: The registrant is based in Herzliya, Israel, and files annual reports on Form 20-F.
Key Financial Metrics
The filing text incorporates a press release titled "Safe-T Group Reports 137% Increase in Third Quarter 2021 Revenues and 108% Growth in Third Quarter 2021 Gross Profit." Specific absolute values for revenue, profit, cash flow, margins, debt, or liquidity are not provided in the text of this Form 6-K; they are contained within the attached Exhibit 99.1.
- Revenue Growth (Q3 2021): 137% increase.
- Gross Profit Growth (Q3 2021): 108% increase.
- Other Metrics: The filing text does not provide clear values for net income, operating cash flow, debt levels, or liquidity ratios.
Material Changes
The primary material change highlighted in the filing is the significant year-over-year growth in the third quarter of 2021:
- Revenue increased by 137% compared to the prior comparable period.
- Gross profit increased by 108% compared to the prior comparable period.
Guidance, Outlook, and Risks
The filing references sections in the attached press release titled "Third Quarter of 2021 and Recent Business Developments," "Forward-Looking Statements," and "Use of Non-IFRS Financial Results." However, the specific content of the guidance, management commentary, risks, or contingencies is not included in the text of this Form 6-K.
Unusual Items: The filing text does not explicitly detail unusual items or contingencies beyond the reference to the attached press release.
Investor Verification Checklist
- Verify the absolute revenue and gross profit figures for Q3 2021 in the attached Exhibit 99.1 press release.
- Review the "Forward-Looking Statements" section in the press release for specific guidance on future performance.
- Confirm the company's liquidity position and debt levels, as these are not stated in the Form 6-K text.
- Examine the "Use of Non-IFRS Financial Results" section to understand any adjustments made to reported figures.
- Clarify the discrepancy between the metadata company name ("Alarum Technologies Ltd.") and the registrant name in the filing ("Safe-T Group Ltd.").