Silynxcom Reports Record $9.1M Revenue for 2024
Ticker: SYNX · Form: 6-K · Filed: May 14, 2025 · CIK: 1976443
Sentiment: bullish
Topics: revenue-record, financial-results, press-release
TL;DR
Silynxcom hit $9.1M revenue in 2024, a new record!
AI Summary
Silynxcom Ltd. announced on May 14, 2025, that it achieved a record annual revenue of approximately $9.1 million for the fiscal year 2024. This information was disclosed in a press release furnished as part of their Form 6-K filing with the SEC.
Why It Matters
This filing indicates strong top-line growth for Silynxcom, potentially signaling increased market demand for its products and improved financial health.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial results and does not contain any immediate negative news or significant changes.
Key Numbers
- $9.1M — 2024 Revenue (Represents a record annual revenue for Silynxcom Ltd.)
Key Players & Entities
- Silynxcom Ltd. (company) — The company filing the report and announcing revenue.
- $9.1 million (dollar_amount) — Record annual revenue for 2024.
- 2024 (date) — The fiscal year for which the record revenue was achieved.
- May 14, 2025 (date) — The date of the press release and filing.
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose is to report a press release announcing Silynxcom Ltd.'s record annual revenue of approximately $9.1 million for 2024.
When was the press release announcing the revenue figures issued?
The press release was issued on May 14, 2025.
What was Silynxcom Ltd.'s revenue for the fiscal year 2024?
Silynxcom Ltd.'s revenue for the fiscal year 2024 was approximately $9.1 million.
Is Silynxcom Ltd. required to file annual reports on Form 20-F or 40-F?
Yes, Silynxcom Ltd. indicated it files annual reports under cover of Form 20-F.
Where is Silynxcom Ltd. headquartered?
Silynxcom Ltd. is headquartered at 7 Giborei Israel, Netanya, 4250407, Israel.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 14, 2025 regarding Silynxcom Ltd. (SYNX).