Jeffs’ Brands Ltd. Reports Increased Assets

Jeffs’ Brands Ltd. (JFBR) has released an update.

Jeffs’ Brands Ltd. has released its unaudited condensed consolidated financial statements for the first half of 2024, revealing a significant increase in total assets from $12.2 million at the end of 2023 to $15.4 million by June 30, 2024. Despite this growth, the company reports an operating loss of $2.4 million, which is an increase from the $1.9 million loss in the same period the previous year.

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