Detail akcie ZOOZ POWER Rg online

Business Summary: Zooz Strategy Ltd, formerly known as Zooz Power Ltd, is an Israel-based company engaged primarily in the provision of flywheel energy storage technology dedicated to electric vehicle (EV) charging. The Company is focused on solutions to enable the mass adoption of electric vehicles by facilitating the deployment of fast and ultra-fast electric vehicle charging stations anywhere, including locations with a weak grid. The Company has developed a kinetic energy storage technology named Kinetic Power Booster, which enables unlimited high power charge and discharge cycles. The Company's EV charging solutions include battery-free power boosters as well as production materials that do not contain toxic chemicals or rare earth materials, with a minimal amount of carbon.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Zooz Strategy Ltd revenues increased from NIS0K to NIS2.8M. Net loss increased 26% to NIS49.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Administrative & General Expenses increase of 22% to NIS11.1M (expense), Depreciation in R&D increase of 78% to NIS779K (expense).