Save Foods, Inc.

Save Foods, Inc.

SVFD
Save Foods, Inc.US flagNASDAQ Capital Market
1.41
USD
-0.01
- -
4.17MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
David Palach
Full Time Employees
6
Sector
Basic Materials
Industry
Agricultural Inputs
Address
730 NW 107 Avenue Miami FL United States of America 33172
IPO Date
Nov 12, 2010
Business
Save Foods, Inc. (NASDAQ: SVFD) develops and markets eco-friendly green treatments for the food industry to enhance food safety, extend the shelf life of fresh produce, and reduce food waste from field to fork; its core offerings include proprietary blends of food acids as adjuvants combined with oxidizing sanitizers and fungicides at low concentrations, applied in post-harvest treatments for fruits and vegetables such as citrus, mango, avocado, pears, bell peppers, microgreens, and fresh-cut vegetables, with evaluations ongoing for bananas, apples, lychee, berries, papaya, lettuce, asparagus, and tomatoes; the company also provides dosing and monitoring systems, pre-harvest applications under development, and solutions targeting growers, packers, food retailers, distributors, and processors to minimize pathogen contamination, eliminate hazardous chemical residues, and cut spoilage by up to 50% at retail. Headquartered in Neve Yarak, Israel, with U.S. operations, Save Foods operates primarily through its majority-owned Israeli subsidiary Save Foods Ltd. and serves markets in the United States, Europe, and internationally, including recent entry into Morocco via a new partnership for post-harvest loss reduction in exports; founded in 2015, the company targets the agri-food tech sector with GRAS-recognized (FDA) technologies protected by multiple patents. In recent developments, Save Foods rebranded and changed its name to N2OFF, Inc. in March 2024 to align with its focus on sustainable agriculture and greenhouse gas reduction solutions via subsidiary Nitrousink Ltd., which mitigates N2O emissions; stockholders approved a USD20 million Standby Equity Purchase Agreement and related 20% share issuance in February 2024 to support growth, alongside continued commercialization of its produce safety portfolio amid Plantify Foods, Inc. as a minority-owned Canadian affiliate offering clean-label products.

Company News

APIChat
  • N2OFF: Save Foods Ltd. (100%) Wins Patent Opposition Filed by ECOLAB in Europe

  • Save Foods Announces Corporate Rebranding Changes Name to N2OFF Inc. to Reflect Core Values of its Business

  • Save Foods and Citrus Tree Treat Over 20 Tons of Fruit in the Brazilian Market

  • Save Foods Received Regulatory Approval in California for its Pre-Harvest Product Supporting its Expansion in California

  • Save Foods Starts Commercial Activity in Brazil Unhindered by Regulatory Barriers

  • Plantify Foods Secures New Retail Chain to Sell Its Plant-Based Clean Label Products

  • Save Foods Navigates Brazilian Regulation and Commences Commercial Activity Through Exclusive Local Distributor

  • Save Foods: NTwo Off Filed US Patent Application to Reduce Greenhouse Gas Emissions in Wheat Production

  • Save Foods' Subsidiary Changes its Name to NTWO OFF Ltd.

  • Save Foods, Inc. Appoints Galit Kenigsberg, an ESG Climate Expert, as Head of Sustainability Operations of its Scientific Advisory Board

  • Save Foods' Board of Directors Decide to Distribute Plantify Holdings to Stockholders Later in 2024

  • Save Foods Announces the approval by its stockholders of the Nasdaq 20% Share Issuance under the $USD20 Million Standby Equity Purchase Agreement and the Name Change to “N2OFF, INC.”

  • Save Foods: Nitrousink Files US Patent Application for Reducing Emissions of Nitrous Oxide in Wheat

  • Save Foods: Nitrousink Commenced Controlled Trial for the Reduction of Greenhouse Gas Emissions

  • Save Foods Targeting US Carbon Credit Market with Majority Ownership in Newly- Formed Nitrousink Ltd.

  • Save Foods Continues to Yield Good Results with its Solution for Cuties® in Third Consecutive Season

  • Save Foods delivered its Solution-A proprietary blend of food acids to Sun Pacific for its clementine brand Cuties® for the third consecutive harvest season

  • Save Foods, Inc. Increases Investment in Plantify Foods, Inc., Becoming Plantify Foods' Largest Shareholder

  • Save Foods Announces the Formation of Nitrousink Ltd., its Newly-Formed Majority-Owned Subsidiary, Intent on Tackling Greenhouse Gas Emissions of Nitrous Oxide (N2O).

  • Why Is Save Foods (SVFD) Stock Up 128% Today?