OUR NEW PROFILE IS: (NASDAQ: JFBR)
THE PANDEMIC CREATED MILLIONS OF NEW AMAZON USERS, FOREVER CHANGING THE E-COMMERCE LANDSCAPE
In 2021, the company saw record revenue of approximately $6.5 Mn, a 185% YoY increase.
JFBR is sitting much lower than the IPO price which is a major catalyst in early trading (Major gap to fill for IPO investors to break even)
You can find more info about the company HERE
We had an exciting Summer with the IPO market raging the past few months. There is no doubt that it is one of the hottest sectors people are looking at right now.
This next one just IPO’d days ago and it is still finding it’s legs as far as a trading range.
Pull up JFBR right away.
Jeffs’Brands started its activity in 2019 In California. They own a portfolio of products sold under six brands marketed globally on Amazon.com and they intended to own more brands in the next few years . After the IPO they plan to use the net proceeds to, among other things, purchase new Amazon.com brands and continue growing their current operations Operational Experts. They are a fast growing CPG company, operating primarily on the Amazon.com platform.
The Company’s Market? Amazon e-Commerce
The company’s market is e-commerce via the Amazon.com platform, of Fulfillment by Amazon (FBA).
E-commerce continues to grow globally after a recent breakout over the past few years in part to the CV19 pandemic. This helped accelerate online shopping and spending which resulted in increased revenues.
And there doesn’t appear to be any slowing down in the e-commerce market.
In fact, Statista reports that the e-commerce global market could reach $5.8Tn by 2025, growing at a yearly rate of over 11%.
Amazon has been a big factor in this global growth in recent years, and it may just be the start…
Amazon Is Growing Rapidly Around The World
A.I. Will Transform E-Commerce
On top of the FBA business model, Jeffs’ Brands utilizes A.I. and machine learning technologies to analyze sales data and patterns on the Amazon.com marketplace in order to identify existing stores, niches and products that have the potential for development and growth, and for maximizing sales of existing proprietary products.
They also use their own skills, know-how and profound familiarity with the Amazon.com algorithm and all the tools that the FBA platform FBA has to offer. In some circumstances, the company scales the products and improves them.
The company uses the latest machine learning methods to uncover hidden gem products and finds brands with significant upside potential for growth. By using logistics and marketing strategies, these great ideas are turned into the top-selling products on the market.
A 52-week high of $3.30 still represents near-term upside potential of over 70%
This is a ground-floor situation that is brewing as shares only went public in August
The current price is well bellow the IPO price and the warrants that were executed over $4.
A tiny trading float could lead to swift moves northward with a limited supply of shares available
The stock has seen interest increase substantially since going public
Revenues exploded from $2.3M to $6.5M from 2020 to 2021!
*****BREAKING NEWS THIS MORNING*****
Jeffs’ Brands Allocates up to $1 Million for the Launch of its Brands in Sweden and Belgium
The MarketWatch News Department was not involved in the creation of this content.
Tel Aviv, Israel, Sep 12, 2022 (GLOBE NEWSWIRE via COMTEX) — Tel Aviv, Israel, Sept. 12, 2022 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (the “Company”, Nasdaq: JFBR), a data-driven e-commerce company operating on the Amazon Marketplace, announced today the launch of its stores and brands in Sweden and Belgium, after completing the required regulatory processes.
To date, the Company has received Amazon’s approval for sale of its brands in the United States, the United Kingdom, Germany, France, Spain and Italy.
Viki Hakmon, Chief Executive Officer of the Company, commented “We are excited to launch our brands in additional European countries and extend our global reach. One of the ways we plan to achieve organic growth is by expanding our products offerings in new territories, in order to support these efforts, we have allocated up to $1 million for the launch of our stores in Belgium and Sweden.”
Jeffs’ Brands Ltd Announces Closing of $15.5 Million Initial Public Offering
Tel Aviv, Israel, Aug. 30, 2022 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (the “Company”), a data-driven e-commerce company operating on the Amazon Marketplace, announced today the closing of its initial public offering, and the simultaneous closing of a portion of the underwriter’s over-allotment option, for aggregate gross proceeds of approximately $15.5 million before deducting underwriting discounts and other estimated offering expenses. The Company issued 3,717,473 ordinary shares and 3,717,473 warrants, each to purchase one ordinary share with an initial exercise price of $4.04 per share, at a combined initial public offering price of $4.16 per ordinary share and warrant.
The Company granted Aegis Capital Corp., the underwriter (“Aegis”), a 45-day over-allotment option to purchase additional shares of ordinary shares and/or warrants to purchase additional ordinary shares up to 15% of the number of ordinary shares and warrants, respectively, sold in the offering solely to cover over-allotments, if any. On August 29, 2022, Aegis partially exercised its over-allotment option with respect to 425,912 warrants to purchase 425,912 ordinary shares.
The ordinary shares and warrants began trading on Nasdaq under the symbol “JFBR” and “JFBRW”, respectively, on August 26, 2022.
Revenues exploded from $2.3 Million in 2020 to $6.5 Million in 2021.
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