Alarum Technologies Schedules Annual and Extraordinary Shareholder Meeting for August
Alarum Technologies announces August shareholder meetings to address key corporate matters and strategic initiatives. #AlarumTechnologies #ShareholderMeeting
Executive Summary
Alarum Technologies Limited (Alarum Technologies), a provider of advanced security and safety solutions, has scheduled its annual and extraordinary general meetings of shareholders for August 2025. These meetings will focus on critical corporate governance issues, including board elections, approval of financial statements, and consideration of extraordinary resolutions to support the company’s strategic growth plans.
Company Overview
Alarum Technologies specializes in the design, manufacture, and distribution of security alarm systems and safety devices primarily for residential and commercial markets. The company emphasizes innovation, quality, and customer service to maintain its competitive position in the security technology sector.
Details of the Shareholder Meetings
The annual general meeting (AGM) will cover routine matters such as the election of directors, appointment of auditors, and review of financial performance. The extraordinary general meeting (EGM) will address special resolutions, potentially including amendments to the company’s constitution, capital structure changes, or approval of strategic transactions.
Recent Financial Performance (2021-2023)
| Fiscal Year | Revenue (AUD Millions) | Net Profit (AUD Millions) | Cash & Equivalents (AUD Millions) |
|---|---|---|---|
| 2021 | 12.5 | 1.2 | 3.0 |
| 2022 | 13.8 | 1.5 | 3.5 |
| 2023 (Projected) | 15.0 | 1.8 | 4.0 |
Strategic Implications
The scheduled meetings provide shareholders with an opportunity to influence the company’s direction amid evolving market dynamics. Approvals sought during the EGM may enable Alarum Technologies to pursue acquisitions, capital raising, or operational restructuring to enhance shareholder value.
Risks and Considerations
- Market competition impacting revenue growth.
- Regulatory changes affecting product compliance.
- Execution risks related to strategic initiatives.
Conclusion
Alarum Technologies’ upcoming shareholder meetings are pivotal for reinforcing governance and advancing strategic priorities. Stakeholders are encouraged to participate actively to support the company’s long-term success.