The company is seeking to support ongoing growth with this potential acquisition Tel Aviv, Israel, May 20, 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, announced the signing of a memorandum of understanding ("MOU") to acquire a company that operates a strategically located logistics center in New Jersey. Pursuant to the MOU, the potential acquisition encompasses a 100,000-square-foo ...

Financial Performance - Fort Products Ltd, a wholly owned subsidiary of Jeffs' Brands, reported preliminary unaudited revenues of approximately $2.125 million for the first quarter of 2024, marking a 55% increase compared to $1.375 million in the same period of 2023 [2] - Profit for the same period reached $266 thousand, which is a 106.6% increase from $129 thousand in the first quarter of 2023 [2] Company Strategy and Market Position - The CEO of Jeffs' Brands expressed optimism regarding Fort's performance, indicating that the acquisition made about a year ago has proven successful, leveraging the company's expertise in online sales within the Amazon marketplace [3] - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to establish them as market leaders, focusing on the growing pest control market [3]

Tel Aviv, Israel, May 16, 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 are for the first quarter of 2024, starting on January 1, 2024, ...

FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No.: 001-41482 Jeffs' Brands Ltd (Exact name of registrant as sp ...

Exhibit 99.1 JEFFS' BRANDS LTD CONDENSED CONSOLIDATED FINANCIAL STATEMENTS | Interim Condensed Consolidated Financial Statements as of June 30, 2023 | Page | | --- | --- | | Condensed Consolidated Balance Sheets (unaudited) | 2 | | Condensed Consolidated Statements of Operations (unaudited) | 3 | | Condensed Consolidated Statements of Changes in Shareholders' Equity (unaudited) | 4 | | Condensed Consolidated Statements of Cash Flows (unaudited) | 5 | | Notes to the Condensed Consolidated Financial Statement ...

FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No.: 001-41482 Jeffs' Brands Ltd (Exact name of registrant as sp ...

| | June 30, | December 31, | | --- | --- | --- | | | 2022 | 2021 | | | U.S. dollars in thousands | | | Assets | | | | CURRENT ASSETS: | | | | Cash and cash equivalents | 67 | 393 | | Trade receivables | 17 | 366 | | Other receivables | 71 | 36 | | Inventory | 1,831 | 1,227 | | | 1,986 | 2,022 | | NON-CURRENT ASSETS: | | | | Deferred offering costs | 863 | 366 | | Property, plant and equipment, net | 5 | 3 | | Intangible assets, net | 4,739 | 5,021 | | | 5,607 | 5,390 | | TOTAL ASSETS | 7,593 | 7,412 | | Li ...