Silynxcom Ltd. ( (SYNX) ) has released a notification of late filing.
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Silynxcom Ltd. has announced a delay in filing its Annual Report on Form 20-F (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the need for additional time to complete financial statements and related disclosures, as well as to finalize internal discussions and approvals. The company expects to file the report within the 15-day extension period allowed by Rule 12b-25. Silynxcom Ltd. does not anticipate any significant changes in financial results from the previous fiscal year. The notification was signed by Nir Klein, the Chief Executive Officer, who assured ongoing compliance efforts.
Spark’s Take on SYNX Stock
According to Spark, TipRanks’ AI Analyst, SYNX is a Neutral.
Silynxcom Ltd. receives a moderate score due to its strong technical momentum and cash flow recovery. However, the company’s ongoing struggles with profitability and lack of recent earnings call insights present significant challenges. The negative P/E ratio and absence of dividends also weigh on the valuation score.
To see Spark’s full report on SYNX stock, click here.
More about Silynxcom Ltd.
YTD Price Performance: -54.59%
Average Trading Volume: 13,761
Technical Sentiment Signal: Buy
Current Market Cap: $11.81M
Learn more about SYNX stock on TipRanks’ Stock Analysis page.
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