Jeffs' Brands 2023 Revenue Surpasses $10M
Ticker: JFBRW · Form: 6-K · Filed: Apr 2, 2024 · CIK: 1885408
| Field | Detail |
|---|---|
| Company | Jeffs' Brands LTD (JFBRW) |
| Form Type | 6-K |
| Filed Date | Apr 2, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $10 Million |
| Sentiment | bullish |
Sentiment: bullish
Topics: revenue-growth, acquisition, annual-report
TL;DR
Jeffs' Brands hit $10M+ revenue in 2023 thanks to Fort acquisition, filed 20-F.
AI Summary
Jeffs' Brands Ltd announced on April 1, 2024, that its 2023 revenue exceeded $10 million, driven by the strategic acquisition of Fort. The company also filed its 2023 Annual Report on Form 20-F.
Why It Matters
This filing indicates significant revenue growth for Jeffs' Brands, potentially signaling improved market position and financial health following a key acquisition.
Risk Assessment
Risk Level: medium — The filing reports on revenue and annual report submission, which are standard disclosures, but the acquisition's long-term success and overall financial stability are not detailed.
Key Numbers
- $10 million — 2023 Revenue (Exceeded this amount due to strategic acquisition.)
Key Players & Entities
- Jeffs' Brands Ltd (company) — Reporting company
- Fort (company) — Acquired entity contributing to revenue
- $10 million (dollar_amount) — 2023 revenue milestone
- April 1, 2024 (date) — Date of press release issuance
- 2023 (date) — Reporting year for revenue and annual report
FAQ
What was Jeffs' Brands Ltd's total revenue for the fiscal year 2023?
Jeffs' Brands Ltd's revenue for 2023 ramped up to over $10 million.
What strategic acquisition contributed to the revenue increase?
The strategic acquisition of Fort boosted Jeffs' Brands' revenue.
What is the significance of filing the Form 20-F?
Filing the Form 20-F signifies the submission of the company's 2023 Annual Report.
On what date were these press releases issued?
The press releases were issued on April 1, 2024.
What is the company's principal executive office address?
The company's principal executive offices are located at 7 Mezada St., Bnei Brak, Israel, 5126112.
Filing Stats: 271 words · 1 min read · ~1 pages · Grade level 11.8 · Accepted 2024-04-02 16:05:24
Key Financial Figures
- $10 Million — rands Revenue for 2023 Ramps up to Over $10 Million Boosted by Strategic Acquisition of For
Filing Documents
- ea0203146-6k_jeffsbrands.htm (6-K) — 10KB
- ea020314601ex99-1_jeffs.htm (EX-99.1) — 60KB
- ea020314601ex99-2_jeffs.htm (EX-99.2) — 3KB
- 0001213900-24-029321.txt ( ) — 74KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Jeffs’ Brands Ltd Date: April 2, 2024 By: /s/ Ronen Zalayet Ronen Zalayet Chief Financial Officer 3