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Automax Motors Ltd.: Annual Financial Overview
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Automax Motors Ltd.: Annual Financial Overview

SciSparc Ltd. (SPRC) has released an update.

Automax Motors Ltd. has released its consolidated financial statements for the year ending December 31, 2023, audited by Ben David Shalvi, Kop & Co., which show a substantial vehicle inventory constituting 60% of total assets. The audit, adhering to AICPA standards, asserts that the statements present the company’s financial position fairly and in accordance with IFRS. The report highlights key audit matters such as the valuation of vehicle inventory and impairment assessments, with the company’s management confident in their financial strategies for future operations.

For further insights into SPRC stock, check out TipRanks’ Stock Analysis page.

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