Earnings ·
Silynxcom Ltd. reported unaudited financial results for the six months ended June 30, 2026, showing revenue of $6.2…
SYNXSilynxcom Ltd.
Silynxcom Ltd. reported unaudited financial results for the six months ended June 30, 2026, showing revenue of $6.2 million, a 174% increase from $2.3 million in H1-2025, driven by significant growth in Asia and two major contracts. Gross profit rose 338% to $3.6 million, while the operating loss narrowed to $0.7 million from $1.6 million previously. The company incurred a net loss of $732 thousand and held $2.6 million in cash. Additionally, on August 24, 2026, the Company was notified that Ran Nir and Smadar Nir filed a statement of claim in Israel alleging wrongful control of the family business and seeking monetary damages or share transfers against CEO Nir Klein and director Gal Nir Klein. Silynxcom Ltd. develops, manufactures, and sells ruggedized tactical communication headset devices for military and law enforcement use.