Jeffs' Brands' Subsidiary Fort Products Reports $4.9 Million Revenue for First Half of 2025, Achieving 10% Growth
Reuters
Aug 29
Jeffs' Brands' Subsidiary Fort Products Reports $4.9 Million Revenue for First Half of 2025, Achieving 10% Growth
Fort Technology Inc., an affiliate of Jeffs Brands Ltd., has reported impressive financial results for its fully owned subsidiary, Fort Products Limited. For the first six months of 2025, Fort Products generated revenues of approximately $4.9 million, marking a 10% increase from the same period in 2024. During the second quarter of 2025, Fort achieved revenues of approximately $2.6 million, showing a 3% growth compared to the previous year. This growth comes on the heels of Fort's announcement of a private placement of convertible notes, raising CAD 5,000,000. The notes will mature in two years and carry a 10% annual interest rate, payable quarterly.
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