Silynxcom Ltd. Reports Preliminary H1 2024 Financials

TL;DR

Silynxcom posts ~$5.3M revenue and ~$3.7M cash for H1 2024.

AI Summary

On July 12, 2024, Silynxcom Ltd. released preliminary unaudited financial estimates for the six months ended June 30, 2024. The company reported estimated revenue of approximately $5.31 million and preliminary unaudited cash and cash equivalents and marketable securities totaling approximately $3.692 million as of June 30, 2024.

Why It Matters

This filing provides investors with an early look at Silynxcom's financial performance and liquidity position for the first half of 2024, aiding in investment decisions.

Risk Assessment

Risk Level: medium — Preliminary financial data can be subject to change and may not reflect the final audited results.

Key Numbers

• $5.31M — Preliminary Revenue (Estimated revenue for the six months ended June 30, 2024.)
• $3.692M — Preliminary Cash & Marketable Securities (Estimated cash and cash equivalents and marketable securities as of June 30, 2024.)

Key Players & Entities

• Silynxcom Ltd. (company) — The company releasing the financial estimates.
• July 12, 2024 (date) — Date of the announcement.
• June 30, 2024 (date) — Reporting period end date.
• $5.31 million (dollar_amount) — Preliminary unaudited revenue for the six months ended June 30, 2024.
• $3.692 million (dollar_amount) — Preliminary unaudited cash and cash equivalents and marketable securities as of June 30, 2024.

FAQ

Key Financial Figures

• $5.31 million — hs ended June 30, 2024 is approximately $5.31 million. The Company’s preliminary unaudi
• $3.692 million — es as of June 30, 2024 is approximately $3.692 million. This preliminary financial informati

Filing Documents

• ea0209343-6k_silynxcom.htm (6-K) — 13KB
• 0001213900-24-061075.txt ( ) — 14KB

Forward Looking Statements

Forward Looking Statements This Report of Foreign Private Issuer on Form 6-K contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward looking statements in this Report of Foreign Private Issuer on Form 6-K when it discusses its preliminary unaudited financial information as of and for the six months ended June 30, 2024. Because such statements deal with future events and are based on the Company’s current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of the Company could differ materially from those described in or implied by the statements in this Report of Foreign Private Issuer on Form 6-K. The forward-looking statements contained or implied in this Report of Foreign Private Issuer on Form 6-K are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the United States Securities and Exchange Commission (the “SEC”) on April 30, 2024 and other filings made with the SEC, which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date hereof, except as required by law. 1 SIGNATURE Pursuant to the requireme

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View this 6-K filing on SEC EDGAR