Silynxcom Ltd. H1 2025 Revenue Falls to $2.3 Million From $5.36 Million in H1 2024; Reports $2.4 Million in Operating Expenses

Reuters
Sep 27
<a href="https://laohu8.com/S/SYNX">Silynxcom Ltd.</a> H1 2025 Revenue Falls to $2.3 Million From $5.36 Million in H1 2024; Reports $2.4 Million in Operating Expenses

Silynxcom Ltd. reported revenue of $2.3 million for the six months ended June 30, 2025, a decrease from $5.356 million for the same period in 2024. Product sales were divided between In-Ear Headsets at $1.0 million and Single-Sided Headsets at $1.2 million, reflecting balanced demand across the portfolio. The company reported a net loss of $1.6 million for the period, compared to a net loss of $0.7 million in the first half of 2024. Operating expenses were $2.4 million for the first half of 2025, as the company continued investing in innovation and expanding its market presence. Total assets increased by 8% to $9.5 million as of June 30, 2025, up from $8.8 million at the end of 2024. Cash and cash equivalents rose by 11% to $3.5 million, and current liabilities decreased by 20% to $1.9 million. During the period, Silynxcom completed a public offering, raising $2.9 million gross ($2.6 million net), which increased shareholders' equity by 19% to $6.6 million. Financing activities generated $2.5 million, offsetting $2.2 million in operating cash outflow, resulting in a net cash increase of $0.4 million. Silynxcom expanded its client base across the U.S., Europe, and Asia, and reported increased adoption of its tactical communication headsets by defense customers, including the Israel Defense Forces. The company indicated it is focusing on global expansion and product innovation to meet growing demand in the defense sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silynxcom Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9535994-en) on September 26, 2025, and is solely responsible for the information contained therein.

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