Jeffs’ Brands: Since its Acquisition in 2023, Fort has Generated Total Revenues of $5.3 Million From its Amazon Sales
Jeffs' Brands Ltd (JFBR)
Company Research
Source: GlobeNewswire
Tel Aviv, Israel, March 12, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, today announced preliminary unaudited financial results for Fort Products Ltd. (“Fort”), its wholly owned subsidiary, on its revenue for sales on Amazon Marketplace, according to the data received from the Amazon seller central. The following results is for the period beginning on March 9, 2023, the date Fort was acquired by the Company, and ending on December 31, 2023 (the “Period"). Fort’s Amazon generated revenues for the Period, amounted to approximately $5.3 million, representing an increase of 23% compared $4.3 million at the same period of 2022, prior to the acquisition. Profit attributed directly to Amazon sales, amounted to $614 thousand, compared to $445 thousand in the same period of 2022. Victor Hakmon, CEO of Jeffs' Brands said "Less than a year since acqu
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News
- Jeffs' Brands Files its 2023 Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- Jeffs' Brands Revenue for 2023 Ramps up to Over $10 Million Boosted by Strategic Acquisition of Fort [Yahoo! Finance]Yahoo! Finance
- Jeffs’ Brands Files its 2023 Annual Report on Form 20-FGlobeNewswire
- Jeffs’ Brands Revenue for 2023 Ramps up to Over $10 Million Boosted by Strategic Acquisition of FortGlobeNewswire
- Jeffs' Brands Launches Innovative Pest-Repellent Product Line Under the Fort Brand [Yahoo! Finance]Yahoo! Finance
JFBR
Sec Filings
- 4/2/24 - Form 6-K
- 4/1/24 - Form 20-F
- 3/11/24 - Form EFFECT
- JFBR's page on the SEC website