SaverOne 2014 Ltd. ADR (SVRE) has released its unaudited financial results for the first half of 2025. The company is facing challenges including potential Nasdaq delisting and concerns over its ability to continue as a going concern. Despite these challenges, SaverOne is committed to advancing its technologies and commercialization efforts, with continued investment in research and development. The company's operations have been impacted by geopolitical instability in Israel.
SaverOne 2014 Ltd. (Nasdaq: SVRE) has released its unaudited financial results for the first half of 2025, revealing a mixed performance amid challenges and opportunities. The company reported a significant increase in revenue, driven by international expansion, but also faced a net loss and concerns over its ability to continue as a going concern.
Revenue for the period increased 57% year-over-year (YoY) to $224,000, with gross margin improving to 30% from 18% in H1 2024. The company has secured orders for 5,430 systems, with 4,160 already installed. Key developments include expansion into the US and Canada, a broadened relationship with Cemex across European markets, and a strategic collaboration with a leading European ADAS technology provider.
However, despite the revenue growth, SaverOne reported a net loss of $4.7 million for the period, with cash and cash equivalents at $4.7 million as of June 30, 2025. The increase in the cash position was primarily due to securities purchase agreements with institutional investors.
The company's CEO, Mr. Ori Gilboa, commented on the results, stating that 2025 to-date has been a period of growth, driven especially by international expansion. He also highlighted the success of the company's efforts in penetrating global markets and the traction of its sensor solution to detect vulnerable road users (VRUs).
SaverOne faces several challenges, including potential Nasdaq delisting and concerns over its ability to continue as a going concern. The company's operations have been impacted by geopolitical instability in Israel. Despite these challenges, SaverOne is committed to advancing its technologies and commercialization efforts, with continued investment in research and development.
The company's financial results are presented in accordance with IFRS as issued by the IASB. The exchange rate used for conversion from New Israeli Shekels (NIS) to U.S. dollars was NIS 3.372 to $1.00 based on the representative exchange rate reported by the Bank of Israel on June 30, 2025.
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[1] https://www.stocktitan.net/news/SVRE/saver-one-reports-first-half-2025-3xyjn1863r8o.html
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