Osem

SaverOne Presents Business Update with YoY Revenue Growth of 127% for the First Nine Months of 2022

Retrieved on: 
Wednesday, December 21, 2022
TASE, Bank, VRU, Keshet, Truck, Research, ADS, ADSS, Israel Airports Authority, NIS, Marketing, Detection, American depositary receipt, DDPS, Advanced driver-assistance systems, Growth, First International Bank of Israel, FedEx, Electronics, MOU, Logistics, ADAS, Transport, Accident, Osem, Traction, OEM, POC, Saudi Readymix Concrete Company, Renewable energy, Cryptocurrency, Mobile phone, Marcus Brimage, Insulin aspart, Iveco

PETAH TIKVAH Israel, Dec. 21, 2022 /PRNewswire/ --  SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a company developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions, today presented its results for the nine month period ended September 30, 2022 and presented recent business updates.

Key Points: 
  • Strong revenue growth with revenues of NIS 754,000 (~$213,000), an increase of 127% year-over-year compared with NIS 332,000 (~$94,000) in the same period last year.
  • It is noted that SaverOne is in its early revenue growth stage with primary focus on sales and marketing and investment in R&D and advancing its technology.
  • Net loss was NIS 19,742,000 (~$5,572,000) for the nine months ended September 30, 2022, compared to NIS 19,203,000 (~$5,420,000) for the nine months ended September 30, 2021.
  • Cash and cash equivalents and short-term bank deposits as of September 30, 2022, amounted to NIS 32.1 million (~$9.1 million).

Hotels Maximize Event Revenue Potential with Oracle

Retrieved on: 
Wednesday, March 4, 2020
Database management systems, Databases, Computing, Oracle Corporation, Osem, Oracle Database

With OPERA Sales and Event Management in the cloud, Oracle Hospitality is helping properties increase their event revenue by optimizing inventory, bookings, streamlining logistics and delighting hosts with standout execution.

Key Points: 
  • With OPERA Sales and Event Management in the cloud, Oracle Hospitality is helping properties increase their event revenue by optimizing inventory, bookings, streamlining logistics and delighting hosts with standout execution.
  • Oracle Hospitality OPERA Sales and Event Management Cloud Service (Oracle Hospitality OSEM) is a feature-rich sales and catering management application.
  • With Oracle Hospitality OSEM in the cloud, hotels have a single view of all event booking details and revenue across rooms and event spaces for easier audit and analysis.
  • They can take Oracle Hospitality OSEM with them to offsite customer visits or roam the property with prospects and event hosts during site inspections.

Froneri Enters Israel With Acquisition of Nestlé Ice Cream Business

Retrieved on: 
Thursday, July 4, 2019
Retail, Supermarket, Food, Beverage, Food and drink, Foods, Nestlé, Osem, Ice cream, Noga

Noga is part of the Nestl-owned business Osem Group and means Froneri will be entering the Israeli market for the first time.

Key Points: 
  • Noga is part of the Nestl-owned business Osem Group and means Froneri will be entering the Israeli market for the first time.
  • This milestone deal will now bring all of the Nestl Europe, Middle East & North Africa ice cream businesses into the Froneri group.
  • By entering Israel were continuing to realise our vision of becoming the worlds best ice cream company.
  • Froneri is a fast-growth international business with a vision to build the worlds best ice cream company.