Quarterly ResultApr 30, 2026, 06:04 PM
SYNX 2025 Revenue $5.8M; 2026 Backlog $7.3M Exceeds 2025 Sales
AI Summary
Silynxcom Ltd. reported full-year 2025 revenues of $5.8 million and a gross profit of $2.1 million. The company strengthened its financial position with $2.98 million in cash and equivalents and $5.43 million in shareholders' equity as of December 31, 2025, following a $2.9 million public offering. For early 2026, Silynxcom announced a strong business update, with a current backlog of approximately $7.3 million as of April 30, 2026, which has already surpassed its total 2025 revenues, driven by strategic market expansion and new orders.
Key Highlights
- 2026 backlog reached approximately $7.3 million as of April 30, 2026.
- 2025 total revenues amounted to $5.8 million.
- 2025 gross profit was $2.1 million.
- Cash and cash equivalents were $2.98 million as of December 31, 2025.
- Shareholders' equity stood at $5.43 million as of December 31, 2025.
- Completed a public offering in April 2025, raising $2.9 million gross.
- Israel market contributed $4.32 million (74%) to 2025 revenue.