Scisparc FY25 net loss widens 94% to USD 12.18 million

• SciSparc posted a net loss attributable to holders of Ordinary Shares of USD 12.18 million, worsening from USD 6.28 million.
• Revenue fell 35% to USD 856,000, due to operational difficulties that temporarily took Wellution offline from Amazon Marketplace.
• Operating loss widened 19% to USD 8.37 million.
• Financial expenses, net swung to an expense of USD 5.92 million from net income of USD 259,000, driven mainly by a USD 5.97 million impairment of loans granted to AutoMax.
• Outlook: cash and cash equivalents of USD 4.6 million are not sufficient to fund planned operations for at least a year beyond the filing date, raising substantial doubt about ability to continue as a going concern.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scisparc Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-049322), on April 29, 2026, and is solely responsible for the information contained therein.