ParaZero Announces Preliminary Unaudited Results for the
From GlobeNewswire: 2025-02-11 18:25:29
ParaZero Technologies Ltd. (Nasdaq: PRZO) has announced preliminary unaudited results for the year ended December 31, 2024. Revenues are expected to increase by approximately 45% to $900,000 compared to $620,000 in 2023. The Company had cash and cash equivalents of $4.2 million on December 31, 2024, down from $7.4 million in 2023. The financial information is subject to completion of year-end results and has not been audited. ParaZero is a leading developer of autonomous parachute safety systems for commercial and military platforms, as well as urban air mobility aircraft. Visit their website for more information.
Read more at GlobeNewswire: ParaZero Announces Preliminary Unaudited Results for the