Reported Friday, SaverOne 2014 Ltd 2024 Revenues $461K Down From $747K YoY, Net Loss $9.6M Up From $9.3M YoY

Benzinga

03-24

Financial Highlights for 2024

Revenues of NIS 1.68 million (~$461 thousand) in 2024 of which 29% of revenues were generated from non-home market sources versus 7% last year.
Gross profit of NIS 614 thousand (~$169 thousand), representing a gross margin of 36.5%, an improvement in the gross margin which was 27.6% last year
Net loss of NIS 34.9 million (~$9.6 million) versus NIS 33.8 million (~$9.3 million) in 2023;
December 31, 2024 cash and cash equivalents of NIS 13.3 million (~$3.7 million) compared with NIS 17.1 million (~$4.7 million) at year-end 2023.

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