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Shekel Brainweigh Ltd. ( (AU:SBW) ) has shared an update.
Shekel Brainweigh Ltd. reported a strong financial performance in Q4-2024, with a 27% increase in revenue compared to the previous year and a significant order backlog entering 2025. The company’s growth was driven by robust demand for its retail technology solutions, especially in the local Israeli market, while its medical device revenue saw a decline due to timing issues. The expansion of Shekel’s smart coolers and Sentinel technology, particularly in collaboration with Hitachi, positions the company for continued growth in 2025.
More about Shekel Brainweigh Ltd.
Shekel Brainweigh Ltd. operates in the technology industry, specializing in innovative retail solutions such as smart coolers and Sentinel technology, which offers 3D weighing systems for autonomous retail. The company is focused on expanding its market presence in Europe and North America, targeting sectors like food service, gyms, and hospitality.
YTD Price Performance: -4.17%
Average Trading Volume: 333,797
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.25M
For a thorough assessment of SBW stock, go to TipRanks’ Stock Analysis page.
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