Financial Performance - Silynxcom's revenue for the year ended December 31, 2023, increased to $7.6 million, reflecting a 5% growth compared to $7.26 million in 2022[5] - The company achieved positive cash flow from operating activities amounting to $730 thousand, a significant improvement from a cash outflow of $1.7 million in 2022[5] - Silynxcom reported a net loss of $2.8 million for 2023, compared to a net income of $1.8 million in 2022, which included $1.2 million in finance income from warrant buybacks[5] - Non-IFRS net income for 2023 totaled $1.3 million, representing a growth of over 150% year over year compared to $561 thousand in 2022[5] - The company ended 2023 with cash and cash equivalents of $568 thousand, up from $69 thousand in the previous year, demonstrating strong liquidity[5] - Operating loss for 2023 was $2.8 million, a decline from an operating profit of $480 thousand in 2022, attributed to increased investments in R&D and market expansion[5] Market Expansion - Silynxcom secured orders exceeding $4.85 million from the Israel Defense Forces and Israeli police forces since October 2023[6] - The company launched a new system for law enforcement in March 2024, compatible with TETRA and P25 systems[6] - In April 2024, Silynxcom announced a strengthened collaboration with 3M PELTOR to deliver next-generation headset solutions[6] - The company entered new markets in East Asia and Asia Pacific, indicating ongoing market expansion efforts[6]

For the fiscal year ended December 31, 2023 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANTTO 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 Translation of registrant's name into English: Not applicable State of Israel (Jurisdiction of incorporation or organization) 19 Yad Harutzim St. Netanya, 4250519, Israel Tel: +972-9-8658-370 (Addres ...