SVRE

SaverOne 2014

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About SVRE

Saverone 2014 Ltd.

A transportation and safety solutions provider that aims to stop distracted driving due to cellphone use

Industry

Software

Established Date

11/16/2014

Listing Date

06/03/2022

Exchange

NASDAQ Stock Exchange

Full-time Employees

Fiscal Year Ends

12-31

Website

www.saver.one

Security Type

Depository Receipts (Ordinary Shares)

Office address

Em Hamoshavot Rd. 94, Petah Tikvah, Israel 4970602

Business

Develop a solution for distracted driving due to mobile phone use.

Introduction

SaverOne 2014 Ltd., was incorporated in Israel on November 16, 2014. The company is a technology company engaged in the design, development and commercialization of traffic and safety solutions designed to save lives by preventing car accidents based on patented technology for detecting, analyzing and locating radio frequency signals of cellular phones. Using this core technology, the company is developing two product lines. The first is In Cabin DDPS, which includes an aftermarket product for commercial-stage vehicles (i.e., vehicles already supplied to customers) and an original equipment manufacturer or OEM product for vehicle manufacturers under development. The second is an ADAS product that can detect VRUs and provide warnings to vehicles about potential collisions.

Company Financials

EPS

Revenue & Expenses

SVRE has released its 2022 Q4 earnings report, with revenue of 124.75K, reflecting a YoY change of 228.79%, and net profit of -1.48M, showing a YoY change of 36.69%. The Sankey diagram below clearly presents SVRE’s revenue sources and cost distribution.