Jeffs' Brands' Subsidiary Fort Products Reports $4.9 Million Revenue for First Half of 2025, Achieving 10% Growth
Fort Technology Inc., an affiliate of Jeffs Brands Ltd., has reported impressive financial results for its fully owned subsidiary, Fort Products Limited. For the first six months of 2025, Fort Products generated revenues of approximately $4.9 million, marking a 10% increase from the same period in 2024. During the second quarter of 2025, Fort achieved revenues of approximately $2.6 million, showing a 3% growth compared to the previous year. This growth comes on the heels of Fort's announcement of a private placement of convertible notes, raising CAD 5,000,000. The notes will mature in two years and carry a 10% annual interest rate, payable quarterly.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jeffs Brands Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9520462-en) on August 29, 2025, and is solely responsible for the information contained therein.
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