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ZOOZ Power Announces Shareholder Meeting and Reports Strong Financial Performance

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ZOOZ Power Announces Shareholder Meeting and Reports Strong Financial Performance

ZOOZ Power ( (IL:ZOOZ) ) has issued an announcement.

ZOOZ Power has announced a special meeting for its shareholders, sanctioned by the board of directors, to deliberate on approving director compensation. The meeting agenda includes approving compensation for a private shareholder, with detailed information provided in an associated document. Additionally, the company reported a net profit of 44,907 and a gross profit of 17,566 for the fiscal year ending December 31, 2024. These financial results, based on FORM F-1 submitted on January 15, 2025, suggest a positive financial performance for the company, potentially impacting its market positioning and stakeholder relations.

More about ZOOZ Power

YTD Price Performance: -18.85%

Average Trading Volume: 9,830

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: ILS83.33M

Find detailed analytics on ZOOZ stock on TipRanks’ Stock Analysis page.

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