TechMediaBreaks – Silynxcom Ltd. (NYSE American: SYNX) Reports 174% Revenue Growth and 338% Gross Profit Increase in First Half of 2026
Silynxcom (NYSE American: SYNX) announced unaudited interim condensed consolidated financial results for the six months ended June 30, 2026, reporting revenue of $6.2 million, up 174% from $2.3 million in the first half of 2025, while gross profit increased 338% to $3.6 million from $0.8 million. The company narrowed its operating loss to $0.7 million from $1.6 million in the prior-year period and ended the first half with $2.6 million in cash and cash equivalents and $5 million in shareholders’ equity. Revenue from Asia reached $3.1 million during the first half, compared with $0.1 million a year earlier, driven by…