Part 1: Deep dive on Alarum Technologies (ALAR)
Paid subscribers to Jonah’s Growth Stock Deep Dives receive ~2 deep dives per month (8,000+ words), ~2 mini deep dives per month (2,000+ words) and quarterly earnings commentary on most of my portfolio companies plus access to my investment portfolio (up +155% YTD in 2024, up +134% in 2023 and up +2,600% since January 2020) with real-time activity, notes/commentary and charts throughout the day.
My investment strategy is pretty simple. I want to own 20-30 high-quality growth stocks with the best fundamentals at the most reasonable valuations — if the fundamentals begin to disappoint or the valuation no longer looks compelling I will trim or sell my position. If the fundamentals remain strong and valuation remains reasonable then I’ll add on pullbacks. I only want to own stocks that have at least 50% upside within the next 1-2 years and at least 100% upside within the next 3-4 years. If I buy stocks that are too expensive, the fundamentals aren’t good enough or my investment thesis is flawed — then I’ll never hit my investment targets. My objective is to maximize performance in good markets and minimize losses in bad markets. I accomplish this by being very selective in what I own but also using technical analysis and hedges to protect my portfolio in market downturns.
Company: Alarum Technologies
Ticker: (ALAR)
Websites: https://alarum.io and https://netnut.io
IPO date: July 2018
IPO price: $14.35 per ADS
Reverse stock splits: 4
Current stock price: $41.71
Outstanding shares: 64.1 million (ordinary shares or 6.4 million in ADSs)
52-week high: $45.90 on June 28, 2024
52-week low: $2.07 on July 27, 2023
Market cap: $266 million
Net cash/debt: +$13 million
Enterprise value: $253 million
Headquarters: Tel Aviv, Israel
Investor Relations: https://alarum.io/alarums-investors-lobby/
Q1 2024 Earnings Report: https://alarum.io/alarum-announces-q1-2024-results/
Corporate Presentation (May 2024): https://d2ghdaxqb194v2.cloudfront.net/2637/194103.pdf