ZOOZ Power reports FY24 EPS ($1.09) vs. ($1.99) last year

Reports revenue $1.04M vs. $764,000 last year.”As the EV market continues to evolve, ZOOZ Power (ZOOZ) remains dedicated to delivering innovative power-boosting and energy management solutions that enhance the accessibility and efficiency of ultra-fast charging stations worldwide. I am excited to lead ZOOZ Power and focus on global expansion”, said Erez Zimerman, ZOOZ Power’s CEO. “With our unique flywheel-based power boosting technology and recent deployments in key global markets, we are uniquely positioned to grow our presence globally. We are currently scaling operations in Germany and France and advancing partnerships with leading charge point operators. These steps underscore our commitment to enhance infrastructure efficiency and empower the EV ecosystem. I look forward to our success in 2025 as we shape the future of sustainable, high-performance charging solutions”, concluded Erez Zimerman.