Jeffs’ Brands (JFBR)
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Jeffs’ Brands: Fort Technology Launches AI-Powered Pest Control App on Android, Completing Cross-Platform Rollout
Globenewswire· 2025-10-16 10:01
Core Insights - Jeffs' Brands Ltd has launched its AI-powered pest control mobile application, the Fort app, on the Google Play Store, completing its cross-platform rollout after a successful debut on the Apple App Store earlier this year [1][4] - The launch of the Fort app is a significant milestone in Jeffs' Brands' digital transformation strategy, enhancing its direct-to-consumer digital presence and market leadership in the e-commerce space [4] Company Overview - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging insights into the FBA Amazon business model and advanced technology [5] - Fort Technology Inc., a majority-owned subsidiary of Jeffs' Brands, specializes in manufacturing and selling pest control products for both amateur and professional markets [6] Product Features - The Fort app allows users to identify household pests using AI and provides customized treatment recommendations based on pest type and infestation severity [3] - The app enhances user experience by offering curated product suggestions, featuring Fort's proprietary pest control solutions, thereby driving engagement within Fort's product ecosystem [3]
Jeffs' Brands: Fort Technology Launches AI-Powered Pest Control App on Android, Completing Cross-Platform Rollout
Globenewswire· 2025-10-16 10:01
Core Insights - Jeffs' Brands Ltd has launched its AI-powered pest control mobile application, the Fort app, on the Google Play Store, completing its cross-platform rollout after a successful debut on the Apple App Store earlier this year [1][4] - The Fort app allows users to identify household pests using AI and provides customized treatment recommendations based on pest type and infestation severity, enhancing user engagement with Fort's product ecosystem [3][4] Company Strategy - The launch of the Fort app on Android is a significant milestone in Jeffs' Brands' digital transformation strategy, aimed at expanding its direct-to-consumer digital presence [4] - The company anticipates that the dual-platform release will strengthen its market leadership and accelerate growth in the e-commerce space [4] Product Features - The Fort app offers features such as pest identification, customized treatment solutions, and curated product suggestions, which include Fort's proprietary pest control solutions [3] - The app is designed to improve user experience and drive engagement across Fort's product ecosystem [3]
Jeffs' Brands Reports First-Half of 2025 Revenue Growth, Successful Merger and Operating Profit for its Logistics Operations
Globenewswire· 2025-10-06 11:25
Core Insights - Jeffs' Brands Ltd reported record first-half revenues of approximately $6.9 million for the six months ended June 30, 2025, marking a 13% increase from approximately $6.1 million in the same period of 2024 [4] - The company aims to leverage opportunities in e-commerce, AI, logistics, and emerging markets to enhance shareholder value [1][4] - The appointment of Eli Zamir as CEO is expected to drive the company's strategic vision and operational execution [1][4] Financial Performance - Revenues for Fort Technology Inc., a subsidiary in which Jeffs' Brands holds 75.02%, reached approximately $4.9 million, reflecting a 10% growth compared to the same period in 2024 [4] - Pure Logistics, the wholly owned subsidiary, generated approximately $612 thousand in revenues with an operating profit of approximately $101 thousand, indicating strong operational performance [4] - Cash and cash equivalents as of June 30, 2025, were approximately $6 million, a significant increase of 136% from approximately $2.5 million as of June 30, 2024 [4] Strategic Initiatives - In August 2025, the company launched an AI-driven crypto treasury program with a target size of up to $75 million, aimed at optimizing yield from five leading cryptocurrencies [4] - The management team is focused on transforming e-commerce by creating and acquiring products to become market leaders [2]
Jeffs' Brands Announces Record First Half Results- Revenues amounted to approximately $6.9 million in H1 2025
Globenewswire· 2025-09-22 11:25
Core Insights - Jeffs' Brands Ltd reported record revenues of approximately $6.9 million for the first half of 2025, marking a 13% increase compared to $6.1 million in the same period of 2024 [4] - The company's subsidiary, Pure Logistics, generated operational profit of approximately $101 thousand, demonstrating strong operational performance [4] - The company aims to capitalize on opportunities in e-commerce, AI, logistics, and emerging markets to deliver shareholder value [1][4] Financial Performance - Revenues for the first six months of 2025 reached approximately $6.9 million, a record high and a 13% growth from the same period in 2024 [4] - Pure Logistics, a wholly-owned subsidiary, reported revenues of approximately $612 thousand with expenses of $511 thousand, resulting in an operational profit of approximately $101 thousand [4] - Cash and cash equivalents as of June 30, 2025, amounted to $6 million, reflecting a 136% increase from approximately $2.5 million in the same period of 2024 [4] Strategic Initiatives - The company launched an AI-Driven crypto treasury program in August 2025, committing up to $75 million for optimized yield from five leading crypto coins [4] - Eli Zamir was appointed as the new CEO in July 2025, bringing experience in capital markets and M&A [4] - Jeffs' Brands focuses on transforming e-commerce by creating and acquiring products to become market leaders, leveraging advanced technology and human capability [2]
Jeffs’ Brands (JFBR) - 2025 Q2 - Quarterly Report
2025-09-22 11:01
Exhibit 99.1 JEFFS' BRANDS LTD INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE SIX MONTHS ENDED JUNE 30, 2025 | | | June 30, | December 31, | | --- | --- | --- | --- | | | Note | 2025 | 2024 | | | | Unaudited | Audited | | | | USD in thousands | | | ASSETS | | | | | CURRENT ASSETS: | | | | | Cash and cash equivalents | | 6,066 | 2,564 | | Restricted deposit | | 19 | 17 | | Trade receivables | | 507 | 420 | | Other receivables | | 940 | 491 | | Inventory | | 4,091 | 4,052 | | Total curr ...
Jeffs’ Brands: After Successful Merger, Fort Technology Announces Record First Six Months for its Fully Owned Subsidiary with Revenues of $4.9 Million Representing Approximately a 10% Growth from the Same Period in 2024
Globenewswire· 2025-08-29 10:01
Core Viewpoint - Jeffs' Brands Ltd, a data-driven e-commerce company, announced the interim financial results of its subsidiary Fort Products Limited, showing growth in revenues for the first half of 2025 compared to the same period in 2024 [1][2]. Financial Performance - Fort's revenues for the first six months of 2025 were approximately $4.9 million, reflecting a year-over-year growth of about 10% from approximately $4.4 million in the same period of 2024 [2]. - For the second quarter of 2025, revenues totaled approximately $2.6 million, a slight increase of about 3% compared to approximately $2.5 million in the second quarter of 2024 [2]. Financing Activities - Fort announced a private placement of convertible notes for gross proceeds of CAD 5,000,000, with a maturity of two years and an interest rate of 10% per annum, payable quarterly [3]. Company Overview - Fort Technology Inc. specializes in manufacturing and selling products for the pest control and remedial repair industry [4]. - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging advanced technology and management insights into the Amazon FBA business model [5].
Jeffs' Brands: Fort Technology Announces Closing of a CAD 5 Million Private Placement of Convertible Debenture Representing a Valuation of Approximately CAD 27 million
GlobeNewswire News Room· 2025-08-22 13:29
Core Viewpoint - Jeffs' Brands Ltd has announced the completion of a private placement of convertible debentures by its subsidiary Fort Technology Inc, raising CAD 5 million, which will be used for working capital and loan support [1][5]. Group 1: Private Placement Details - The private placement of convertible debentures has a maturity date of two years from issuance and carries an interest rate of 10% per annum, with quarterly payments starting from the closing date until September 30, 2025 [2]. - The principal amount of the convertible debentures can be converted into units of Fort at a price of CAD 0.185 per unit, with each unit consisting of one common share and one warrant [2]. - The private placement values Fort at approximately CAD 27 million [2]. Group 2: Company Participation and Compliance - Jeffs' Brands and its CEO participated in the private placement, with the company purchasing CAD 2.2 million worth of convertible debentures, constituting a related-party transaction [4]. - The private placement was conducted under certain prospectus exemptions and is subject to a holding period in compliance with applicable securities laws and TSX Venture Exchange rules [3]. Group 3: Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging advanced technology and human capability [6]. - Fort Technology Inc specializes in manufacturing and selling products for the pest control and remedial repair industry [7].
Jeffs’ Brands: Fort Technology Announces Closing of a CAD 5 Million Private Placement of Convertible Debenture Representing a Valuation of Approximately CAD 27 million
Globenewswire· 2025-08-22 13:29
Core Viewpoint - Jeffs' Brands Ltd has announced the completion of a private placement of convertible debentures by its subsidiary Fort Technology Inc, raising CAD 5 million, which will be used for working capital and loan support [1][5]. Group 1: Private Placement Details - The private placement of convertible debentures has a maturity date of two years from issuance and carries an interest rate of 10% per annum, with quarterly payments starting from the closing date until September 30, 2025 [2]. - The principal amount of the convertible debentures can be converted into units of Fort at a price of CAD 0.185 per unit, with each unit consisting of one common share and one warrant [2]. - The private placement values Fort at approximately CAD 27 million [2]. Group 2: Company Participation and Compliance - Jeffs' Brands and its CEO participated in the private placement, with the company purchasing CAD 2.2 million worth of convertible debentures, qualifying it as a related-party transaction [4]. - The private placement was conducted under certain prospectus exemptions and is subject to a holding period in compliance with applicable securities laws and TSX Venture Exchange rules [3]. Group 3: Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging advanced technology and insights into the Amazon FBA business model [6]. - Fort Technology Inc specializes in manufacturing and selling products for the pest control and remedial repair industry [7].
Jeffs' Brands Announces Strategic Decision to Apply to List its Ordinary Shares on the Frankfurt Stock Exchange, Aimed to Increase Exposure to Potential Investors in Europe
Globenewswire· 2025-08-21 11:14
Core Viewpoint - Jeffs' Brands Ltd is initiating the process to list its ordinary shares on the Frankfurt Stock Exchange to enhance visibility and trading liquidity in Europe [1][3]. Group 1: Listing Announcement - The board of directors of Jeffs' Brands has resolved to commence the application process for trading its ordinary shares on the Frankfurt Stock Exchange [1]. - The company's ordinary shares and public warrants will continue to trade on the Nasdaq Capital Market under the symbols JFBR and JFBRW, respectively [2]. Group 2: Strategic Intent - The potential dual listing on the Frankfurt Stock Exchange is aimed at broadening the company's investor base and creating new opportunities by exposing it to European institutional and retail investors [3]. - The company believes that this strategic step may significantly enhance its visibility and trading liquidity in Europe [3]. Group 3: Listing Process Considerations - The timing of the listing process will depend on various factors, including overall market conditions and the company's ability to meet the Frankfurt Stock Exchange listing criteria [4]. - There is no assurance that the company's application will be approved or that a trading market will develop [4]. Group 4: Company Overview - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging insights into the FBA Amazon business model [5]. - The company utilizes both human capability and advanced technology to enhance product offerings [5].
Jeffs’ Brands Launches AI-Driven Crypto Treasury Program with $75 Million Committed for Optimized Yield from Five Leading Crypto Coins
Globenewswire· 2025-08-14 12:45
Core Viewpoint - Jeffs' Brands Ltd is implementing an AI-driven crypto treasury management program to optimize yields from leading cryptocurrencies, including Bitcoin and stable coins [1][2]. Group 1: Treasury Program Overview - The Treasury Program will be managed by Quantum Crypto, an affiliate of Tectona Ltd, which holds a 41% stake in Horizon, a prominent Israeli crypto trading platform [1][3]. - The Company plans to allocate up to $75 million from a private placement of convertible promissory notes for the Treasury Program, contingent on the successful setup of crypto wallets [2]. Group 2: Agreement Details - An agreement was established on August 4, 2025, between Jeffs' Brands and Quantum Crypto for crypto treasury management services, including infrastructure and trading services [4]. - Jeffs' Brands will retain full ownership of its digital assets and private keys, with Quantum Crypto ensuring compliance with regulatory requirements [4]. Group 3: Compensation Structure - Quantum Crypto will receive a one-time setup fee of $25,000, a monthly fee of 0.125% of the average daily balance of managed crypto assets, and a performance-based fee of 20% of gross revenues from staking [5]. - The Company will also issue a warrant to Quantum Crypto for the purchase of up to 27,619 ordinary shares at an exercise price of $0.01 per share, representing approximately 4.99% of the currently outstanding shares [5]. Group 4: Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging both human capability and advanced technology [6].