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Jeffs’ Brands: Fort Amazon’s Revenues increased by 62% to $4.4 million in the First Half of 2024

Jeffs' Brands Ltd (JFBR) 
Company Research Source: GlobeNewswire
Tel Aviv, Israel, July 08, 2024 (GLOBE NEWSWIRE) -- Jeffs' Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced today preliminary unaudited financial results for Fort Products Ltd. (“Fort”), its wholly owned subsidiary, pertaining to its revenue from sales on Amazon Marketplace, according to the data received from the Amazon seller central. The following results are for the first half 2024, starting on January 1, 2024, and ending on June 30, 2024 (the “Period"). Fort’s Amazon generated revenues for the Period, amounted to approximately $4.47 million (£3.53 million), representing an increase of approximately 62% compared $2.75 million (£2.21 million) at the same period of 2023.  Estimated profit for the Period, attributed directly to Fort’s Amazon sales, amounted to $676 thousands (£534.8 thousand), compared to $316 thousands (£254.5 thousand) in the same period in2023, an increase of Show less Read more
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