Core Insights - Jeffs' Brands Ltd reported record revenues for the fiscal year 2024, with a revenue increase of approximately 36.8% to $13.68 million compared to $10.3 million in 2023, driven by strong sales from its subsidiary Fort in the U.K. and Europe, particularly France [4][7] - The company has made significant strategic advancements, including the development of Fort's AI-based pest control app, the acquisition of a U.S. logistics center, and the proposed merger of Fort with a publicly traded company in Canada, which is valued between $11.6 million and $14.2 million [4][7] - Jeffs' Brands aims to leverage its data-driven strategy and operational expansions to enhance value creation in 2025 [4][7] Financial Performance - The 2024 Annual Report includes audited financial statements for the year ended December 31, 2024, which can be accessed on the SEC's website and the company's investor relations site [2] - Revenue for 2024 reached $13.68 million, marking a significant increase of 36.8% from the previous year [7] Strategic Developments - In March 2025, the company completed the development stage for Fort's AI-based pest control app and closed the acquisition of Pure NJ Logistics LLC, enhancing its operational capabilities [7] - A non-recourse convertible promissory note of $2.85 million was issued in January 2025 to support Fort's expansion into the U.S. market [7] - Fort was recognized as a Key Account by Amazon U.K. in September 2024, qualifying for the top seller program [7]

Core Insights - Jeffs' Brands Ltd reported record revenues for the fiscal year 2024, with a revenue increase of approximately 36.8% to $13.68 million, up from $10.3 million in 2023, driven by strong sales from its subsidiary Fort Products Limited in the U.K. and Europe, particularly in France [4][7] - The company has made significant strategic advancements, including the development of Fort's AI-based pest control app, the acquisition of a U.S. logistics center, and the proposed merger of Fort with a publicly traded company in Canada, which is valued between $11.6 million and $14.2 million [4][7] - Jeffs' Brands aims to leverage its success in the U.K. to support expansion into the U.S. market, as evidenced by a $2.85 million non-recourse convertible promissory note issued to an institutional investor [7] Financial Performance - The 2024 Annual Report includes audited financial statements for the year ended December 31, 2024, which can be accessed via the SEC and the company's investor relations website [2] - The revenue growth of 36.8% reflects the effectiveness of the company's data-driven strategy and the increasing recognition of its product line [4][7] Strategic Developments - The company completed the development stage for Fort's AI-based pest control app in March 2025 [7] - In March 2025, Jeffs' Brands closed the acquisition of Pure NJ Logistics LLC, enhancing its operational capabilities in the U.S. [7] - Fort was selected by Amazon U.K. as a Key Account, qualifying for the top seller program, which is expected to further boost sales [7]