Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agri-food tech industry: food waste and loss and food safety. We are dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with our customers, we develop new solutions that benefit the entire supply chain and improve the safety and quality of life of both the workers and the consumers alike. Our initial applications are in post-harvest treatments in fruit and vegetable packing houses processing produce including citrus, avocado, pears, apples and mangos.
Company profile
Ticker
NITO
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Save Foods Inc.
SEC CIK
Corporate docs
Subsidiaries
NTWO OFF Ltd. • Plantify Foods, Inc. ...
IRS number
264684680
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
16 Apr 24
10-K
2023 FY
Annual report
1 Apr 24
8-K
Save Foods Announces Corporate Rebranding Changes Name to N2OFF Inc. to Reflect Core Values of its Business
19 Mar 24
8-K
Regulation FD Disclosure
21 Feb 24
8-K
The Company believes this strategic decision will add value to its stockholders at no additional cost
12 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
9 Feb 24
424B3
Prospectus supplement
7 Feb 24
EFFECT
Notice of effectiveness
7 Feb 24
CORRESP
Correspondence with SEC
5 Feb 24
S-1/A
IPO registration (amended)
2 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.98 mm | 1.98 mm | 1.98 mm | 1.98 mm | 1.98 mm | 1.98 mm |
Cash burn (monthly) | 345.52 k | 396.57 k | 952.31 k | 572.51 k | 208.15 k | 269.11 k |
Cash used (since last report) | 2.37 mm | 2.73 mm | 6.54 mm | 3.93 mm | 1.43 mm | 1.85 mm |
Cash remaining | -393.75 k | -744.56 k | -4.56 mm | -1.95 mm | 550.34 k | 131.42 k |
Runway (months of cash) | -1.1 | -1.9 | -4.8 | -3.4 | 2.6 | 0.5 |
Institutional ownership, Q2 2023
62.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 14 |
Opened positions | 4 |
Closed positions | 2 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 19.88 mm |
Total shares | 1.86 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Plantify Foods | 1.16 mm | $827.00 k |
Uziel Amir | 155.44 k | $0.00 |
L.I.A. Pure Capital | 144.17 k | $0.00 |
Nir Ecology | 98.92 k | $397.00 k |
YAAD consulting & management | 90.66 k | $364.00 k |
Reinhold Nir | 82.16 k | $329.00 k |
Noked Israel | 75.46 k | $45.00 k |
Ameritas Advisory Services | 15.00 k | $8.78 mm |
Tower Research Capital | 12.68 k | $7.51 mm |
Commonwealth Equity Services | 12.00 k | $7.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Dec 23 | Amitay Weiss | Restricted Shares of Common Stock | Buy | Acquire P | No | No | 0 | 100,000 | 0.00 | 100,000 |
20 Dec 23 | Ronen Rosenbloom | Restricted Shares of Common Stock | Buy | Acquire P | No | No | 0 | 14,500 | 0.00 | 14,500 |
20 Dec 23 | David Palach | Restricted Shares of Common Stock | Grant | Acquire A | No | No | 0 | 57,142 | 0.00 | 100,000 |
20 Dec 23 | Udi Ovadia Kalifi | Restricted Shares of Common Stock | Buy | Acquire P | No | No | 0 | 14,500 | 0.00 | 18,457 |
News
Save Foods Announces Corporate Rebranding Changes Name To N2OFF Inc. To Reflect Core Values Of Its Business; Nasdaq Trading Symbol Will Change To "NITO" On March 19, 2024
18 Mar 24
Save Foods Navigates Brazilian Regulation And Commences Commercial Activity Through Exclusive Local Distributor
26 Feb 24
Save Foods's Board Of Directors Agreed To Authorize The Company's Officers To Begin Preparing A Distribution Plan Of Save Foods' Holdings In Plantify Foods, Which The Company Believes Will Launch Later In 2024
12 Feb 24
Save Foods Announces Approval By Stockholders Of The 20% Share Issuance Under The $20M Standby Equity Purchase Agreement; Co Changes Name To "N2OFF, INC."
9 Feb 24
Press releases
N2OFF: Save Foods Granted Patent Approval in South Africa for its Proprietary Technology
28 Mar 24
N2OFF: Save Foods Increasing its Potential Market Reach Following Pre-Harvest Regulatory Approval in California
25 Mar 24
Save Foods and Citrus Tree Treat Over 20 Tons of Fruit in the Brazilian Market
14 Mar 24
Save Foods Received Regulatory Approval in California for its Pre-Harvest Product Supporting its Expansion in California
13 Mar 24
Save Foods Starts Commercial Activity in Brazil Unhindered by Regulatory Barriers
11 Mar 24