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SaverOne 2014 Ltd

SaverOne 2014 Ltd (SVRE)

1.51
0.542
(55.99%)
Closed December 25 3:00PM
1.04
-0.47
(-31.13%)
After Hours: 3:59PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
1.51
Bid
1.01
Ask
1.04
Volume
1,987,129
0.8828 Day's Range 1.59
0.00 52 Week Range 0.00
Market Cap
Previous Close
0.968
Open
0.92
Last Trade
74
@
1.04
Last Trade Time
Financial Volume
US$ 2,024,225
VWAP
1.0187
Average Volume (3m)
-
Shares Outstanding
1,821,166
Dividend Yield
-
PE Ratio
0.00
Earnings Per Share (EPS)
-
Revenue
2.72M
Net Profit
-33.84M

About SaverOne 2014 Ltd

Saverone 2014 Ltd provides driver protection solutions. The company is engaged in developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions. The company's product restricts the driver from surfing, communicating and receiving alerts while... Saverone 2014 Ltd provides driver protection solutions. The company is engaged in developing and deploying transportation safety and advanced driver-assistance systems (ADAS) technologies and solutions. The company's product restricts the driver from surfing, communicating and receiving alerts while driving. The Company has developed a system which provides a solution to the problem of distracted driving caused by cell phone use, which endangers the driver, passengers, other drivers on the road and pedestrians. Show more

Sector
Computer Programming Service
Industry
Computer Programming Service
Website
Headquarters
Petah Tikva, Center, Isr
Founded
-
SaverOne 2014 Ltd is listed in the Computer Programming Service sector of the NASDAQ with ticker SVRE. The last closing price for SaverOne 2014 was US$0.97. Over the last year, SaverOne 2014 shares have traded in a share price range of US$ 0.00 to US$ 0.00.

SaverOne 2014 currently has 1,821,166 shares outstanding. The market capitalization of SaverOne 2014 is US$1.76 million.

SVRE Latest News

SaverOne Continues to Expand its Global Reach with New Distribution Agreement with Smartfits in the UK

Petah Tikvah, Israel, Dec. 17, 2024 (GLOBE NEWSWIRE) --  SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions...

SaverOne Launches New Pilot Project in Italy with Trans Italia

Trans Italia is a Leading Logistics & Transportation Company Operating Over 300 Trucks Petah Tikvah, Israel., Dec. 09, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE:...

SaverOne Launches a New Pilot Project with a Leading Italian Sports Car Manufacturer

Petah Tikvah, Israel., Dec. 03, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions, is...

SaverOne signs a Commercial Agreement with a Leading Multinational in the Construction Sector

200 SaverOne systems to be installed in the subsidiary in Spain Petah Tikvah, Israel, Nov. 19, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that...

SaverOne Regains Compliance with Nasdaq Minimum Bid Price Requirement

Petah Tikvah, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions (he...

SaverOne Expands European Reach in Spain and Portugal through a New Distribution Agreement with Sistemas ADAS

SaverOne accelerates its European expansion as part of its global growth strategy Petah Tikvah, Israel, Oct. 09, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a...

SaverOne Announces First Distribution Agreement in the United States

SaverOne signs a distribution agreement with Motor Supply Inc., expanding into the US market and securing a minimum of 37,600 installations over the next 5 years Petah Tikvah, Israel, Sept. 26...

SaverOne Announces New Pilot with Malta Public Transport Company

Petah Tikvah, Israel, Sept. 18, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions...

SaverOne Launches Four Pilot Projects with Customers of Volvo Buses Mexico

Petah Tikvah, Israel, Sept. 17, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company engaged in disruptive transportation safety solutions, today...

Froneri Israel Orders SaverOne Systems to Provide Safety Coverage for its Entire Fleet

Petah Tikvah, Israel, Sept. 06, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company that develops and sells advanced transportation safety solutions...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
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SVRE - Frequently Asked Questions (FAQ)

What is the current SaverOne 2014 share price?
The current share price of SaverOne 2014 is US$ 1.51
How many SaverOne 2014 shares are in issue?
SaverOne 2014 has 1,821,166 shares in issue
What is the market cap of SaverOne 2014?
The market capitalisation of SaverOne 2014 is USD 1.76M
What is the 1 year trading range for SaverOne 2014 share price?
SaverOne 2014 has traded in the range of US$ 0.00 to US$ 0.00 during the past year
What is the reporting currency for SaverOne 2014?
SaverOne 2014 reports financial results in ILS
What is the latest annual turnover for SaverOne 2014?
The latest annual turnover of SaverOne 2014 is ILS 2.72M
What is the latest annual profit for SaverOne 2014?
The latest annual profit of SaverOne 2014 is ILS -33.84M
What is the registered address of SaverOne 2014?
The registered address for SaverOne 2014 is EM HAMOSHAVOT RD. 94, PETAH TIKVA, CENTER, 4970602
What is the SaverOne 2014 website address?
The website address for SaverOne 2014 is saver.one
Which industry sector does SaverOne 2014 operate in?
SaverOne 2014 operates in the COMPUTER PROGRAMMING SERVICE sector

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SVRE Discussion

View Posts
tw0122 tw0122 16 hours ago
SVRE $1.59 + 60%
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tw0122 tw0122 17 hours ago
Time for it again $1.46 +50%
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tw0122 tw0122 17 hours ago
Don't get distracted $1.43 + 48%
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green maschine green maschine 3 weeks ago
Disregard the part about Gaza. That damn Netanyahu doesn't want to stop the bombing.
$$SVRE$$
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green maschine green maschine 4 weeks ago
In addition to that, a permanent ceasefire between Israel and Hezbollah has been achieved, and there are negotiations to end the destruction of Gaza and freeing any remaining hostages, and allowing humanitarian support into Gaza. Hopefully this will be a time for healing and for Israeli companies to be able to conduct their business as usual.
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green maschine green maschine 4 weeks ago
Lots of good developments here, with more on the horizon. 💎

"SaverOne signs a Commercial Agreement with a Leading Multinational in the Construction Sector"

https://www.sec.gov/Archives/edgar/data/1894693/000121390024099839/ea022176601ex99-1_saver.htm

"...vehicle manufacturers interested in integrating safety solutions into their vehicles, and insurance and leasing companies. SaverOne initially addresses car fleets with a focus on the Israeli, European, and US markets and other markets worldwide. SaverOne believes that an increased focus on monitoring and prevention of cellular distraction systems in vehicles, driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future."
"The Company’s strategy is to provide its technology to customers in the aftermarket and address OEM vehicle manufacturers to integrate the Company’s protection technologies during the vehicle manufacturing process."
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Monksdream Monksdream 1 month ago
SVRE, new 52 week low
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glens0 glens0 1 month ago
SVRE 1.44 Will be compliant by Monday. 10days above $1. Around 750K float, with news this will go nuts. On my watch list
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Monksdream Monksdream 2 months ago
SVRE, new 52 week low
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Lonewolf1 Lonewolf1 3 months ago
Looking for a rather violent reversal here, driven somewhat by FOMO.

YES
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Invest-in-America Invest-in-America 3 months ago
SVRE: So much for YOUR supposed "news', ISRAEL --- FUCK your reprobate 'nation'!!!! (Your slaughter of Arabic kids, women, & men comes to a SCREECHING HALT very soon, when Ms. Harris ascends the thrown of the USA!!! And at which time Mr. Trump will have already been SUCCESSFULLY assassinated --- 3rd try is the CHARM!!! Mark it in your CALENDARS, iHub fans of Mr. Donald Dumptruck!!!)
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Invest-in-America Invest-in-America 3 months ago
SVRE: Stay far, far, AWAY from any Israel-based stocks!!! (Get this!! Most Israel-based firms are now REMOVING their ADDRESS/LOCATIONS information on E-Trade!!! Yep!! Put SVRE on E-Trade & you will see that E-Trade now claims that there is NO company information for SVRE!! FUCK those Jews of Israel!!!)
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glenn1919 glenn1919 3 months ago
SVRE,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,https://stockcharts.com/h-sc/ui?s=SVRE&p=W&b=5&g=0&id=p86431144783
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Awl416 Awl416 3 months ago
SaverOne Announces First Distribution Agreement in the United States
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stocktowatch stocktowatch 3 months ago
(NASDAQ : $SVRE ) "Growing patent portfolio and strategic partnerships with OEMs like Volvo and IVECO"
Oversold near-term swing setup at $0.15/share. About SaverOne 2014 Ltd SaverOne 2014 Ltd (NASDAQ: SVRE) A technology company focused on transportation safety solutions. The company has developed a proprietary system designed to prevent accidents caused by driver distractions, specifically targeting mobile phone use while driving. Its primary product, the SaverOne Protection System,

uses radio frequency (RF) technology to detect and block mobile phone usage in the driver’s vicinity, allowing normal phone functions for passengers. SaverOne’s solutions target both public and private fleets, aiming to reduce road accidents, enhance driver focus, and improve overall fleet safety.

The company’s RF-based technology stands out in the market by actively preventing potentially dangerous mobile phone usage, rather than simply monitoring driver behavior. SaverOne has expanded its operations globally and has secured key partnerships with companies like Volvo and IVECO,

as well as local transportation companies across Israel, Europe, and Mexico. Potential Catalysts Global Expansion of Pilot Projects: SaverOne has recently launched pilot projects in key international markets, including Mexico (with Volvo Buses) and Malta Public Transport, signaling its strategic push into new geographies.

The success of these pilots could open the door to larger-scale installations, driving significant revenue growth. Regulatory Tailwinds: Increasing global focus on road safety, particularly around driver distractions and stricter regulations, could act as a tailwind for SaverOne’s technology. As

governments around the world tighten regulations on distracted driving, SaverOne’s unique solution could be in high demand. Strategic Partnerships with OEMs: SaverOne’s partnerships with Volvo Buses and IVECO suggest strong potential for integrating its system as an OEM (Original Equipment Manufacturer) solution.

If these pilot programs with global bus manufacturers are successful, it could lead to large-scale deployments in new and existing markets. Product Line Diversification: SaverOne has already begun expanding its product offerings beyond mobile phone distractions.

Its Vulnerable Road User (VRU) Solution aims to protect pedestrians, cyclists, and other vulnerable road users. This diversification could further increase the addressable market for its technology. Strategic Acquisitions:

The recent acquisition of Micronet’s Generation-3 Camera IP bolsters SaverOne’s technical capabilities, allowing for the integration of advanced camera-based monitoring into its safety solutions. This could enhance its product offering and drive future innovation in fleet safety. Recent News Events Malta Pilot Project (September 2024):

SaverOne announced a new pilot project with Malta Public Transport, which could open the door for broader adoption across Europe. This partnership is aimed at testing the system’s effectiveness in public transport environments and represents a potential gateway to larger European markets. Volvo Buses Mexico (September 2024): SaverOne launched four pilot projects with customers of Volvo Buses Mexico, a strategic market in Latin America.

If successful, these pilots could lead to significant expansion in the region and further OEM agreements with Volvo. Froneri Israel Fleet Installation (September 2024): Froneri Israel, a global food manufacturer, ordered the SaverOne system for its entire fleet, further validating the system’s effectiveness in the logistics and transportation sector. Acquisition of Micronet’s Generation-3 Camera IP (August 2024): SaverOne acquired Micronet’s Generation-3 Camera IP,

allowing the company to enhance its product suite by integrating camera-based monitoring and safety analytics into its core system. This acquisition represents a step toward a more comprehensive ADAS (Advanced Driver Assistance Systems) solution. Technology and Patents SaverOne's technology is based on RF-ADAS (Radio Frequency Advanced Driver Assistance Systems),

which uses radio frequencies to detect mobile phone signals and actively block phone usage in the driver's area while allowing passengers to use their devices normally. This innovation positions SaverOne as a leader in combatting distracted driving, a critical issue in fleet management and road safety

Patent Portfolio: SaverOne has a robust intellectual property portfolio, consisting of 23 patents, with recent expansions in both the U.S. and Europe. In May 2024, SaverOne was granted a new European patent, strengthening its position in the multi-billion-dollar transportation safety market.

Camera IP Integration: With the acquisition of Micronet’s Generation-3 Camera IP, SaverOne plans to integrate camera technology into its safety systems, creating a more comprehensive solution that combines both RF blocking and real-time video monitoring for fleet managers.

Stock Chart Flashing Oversold with an RSI of 31.3 Share Statistics



https://bestgrowthstocks.com/saverone-2014-ltd-nasdaq-svre-an-in-depth-analysis/
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green maschine green maschine 3 months ago
https://finance.yahoo.com/news/saverone-announces-pilot-malta-public-120000814.html
Good day to grab more!
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green maschine green maschine 4 months ago
Nice looking chart. Good day to get some at .23
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glenn1919 glenn1919 4 months ago
SVRE.................................................................https://stockcharts.com/h-sc/ui?s=SVRE&p=W&b=5&g=0&id=p86431144783
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Monksdream Monksdream 10 months ago
SVRE10Q due March 6
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Cameo Brien Cameo Brien 10 months ago
Golden cross setup
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Ryguy008 Ryguy008 10 months ago
Strong trend line on this one

$SVRE
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stockforce stockforce 10 months ago
SVRE - (NASDAQ: SVRE) May be the Hottest Tech Company to watch for 2024

https://marketwirenews.com/articles/-nasdaq-svre-may-be-the-hottest-tech-company-to-watc-mwn4910.html

Who is SVRE?
Founded in 2014 with a mission to make roads safer for drivers, passengers, and pedestrians alike, SaverOne develops cellular network-based technological solutions for reducing road accidents.
The company’s innovative system for identifying and limiting the use of certain apps on mobile devices while operating a vehicle has already been widely adopted by dozens of companies in Israel.
What could get the company quickly noticed on Wall Street?
SVRE has a solution to the $870 billion accident problem in the U.S.
It’s called the Distracted Driving Protection System (DDPS) and it's installed in vehicles to provide a solution to the problem of driver distraction that endangers their safety and the safety of their passengers.
What does DDPS do?
It ensures that drivers remain focused on driving safely and undistracted, mitigating a significant risk.
SVRE’s solution is an app that, upon installation, detects the driver's cell phone radio frequency (RF) signal and promptly disables non-emergency functions.
This technology, known as the SaverOne system , distinguishes itself by accurately identifying the phone's proximity to the driver's seat, blocking access to distracting apps and social media channels when used alongside the SaverOne App. Its censor is selective.
According to Soulstring Media, the technology may have been able to help save some of the approximately 3,500 lives lost from the over 1.6 million accidents caused by distracted driving in 2021…. Those being the most recent statistics available.
SVRE’s goal isn't to limit mobile communications altogether but rather to curb texting and viewing content while driving, particularly focused on mitigating general messaging and posting to social media channels.
As noted, that's accomplished by the DDPS system automatically engaging when a phone (with the app installed) is near the driver's seat. It can do that without affecting passenger phones by using sensors and AI algorithms to identify and detect the position of a mobile phone inside a vehicle.
The Opportunity…
SVRE’s system is not a one-size-fits-all solution. For example, a corporate fleet manager could elect to "safelist" specific apps necessary for job performance. For private vehicles, the list of allowed apps can be modified by a third party, such as a parent or an insurance company that might offer incentives for compliance. That differentiation from many competing products is leading to increasing market traction, evidenced by growing revenues, likely from the SaverOne system having the intrinsic ability to satisfy multiple client demands!

Diversity of customer base. Customers include commercial fleets, privates, governmental organizations, as well as a diversity of automobile types (trucks, buses, private cars, etc.)
Already recognized and growing. 30+ pilots across Israel, 1600+ devices ordered, 40+ active customers, 1,100+ device installations.
Deals are lining up. A memorandum of understanding with IVECO, a leading medium/heavy truck manufacturer, to integrate its solution into some of the roughly 150,000 IVECO trucks produced yearly. Initial integration is slated to begin before the year's end, with a comprehensive rollout planned for 2024. SaverOne also announced securing a substantial order from Electra Afikim, an Israeli-based public transportation company, to install the SaverOne System in approximately 1,200 buses. These developments, coupled with pilot projects in the Gulf region, the U.S., and Europe, have and are expected to continue contributing to an already steepening growth curve.
Expansion. A deal earlier this year facilitated SaverOne's introduction to international markets, where it earned an order for 4,300 systems, with approximately 3,000 of those units already installed.
A revenue maker. With an estimated retail price between $300 and $500 and professional installation far from cost-prohibitive, the company looks well-positioned to add to its string of early adoption in multiple market segments.

In Summary…Despite advancements in hands-free technology, the persistent issue of smartphone use while driving necessitates solutions. In almost every U.S. state, using your cell phone while driving is not only dangerous but also illegal. This unfortunately does not stop many people from doing it.

YOY revenues are increasing, the company has plenty of cash on hand ($5M as of June 30th, 2023) and a winning solution to a growing problem could put SVRE on the map!
Trading at only pennies, SVRE could be one of the biggest underfollowed opportunities hiding on Wall Street!
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Golden Cross Golden Cross 10 months ago
Sweeeet close
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Cameo Brien Cameo Brien 10 months ago
Might see more
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Golden Cross Golden Cross 10 months ago
Looking good
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Cameo Brien Cameo Brien 10 months ago
Little pop today
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Golden Cross Golden Cross 10 months ago
$SVRE Chart on a steady reversal and uptrend.

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ToddM ToddM 11 months ago
6-k out
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ANTADOG ANTADOG 11 months ago
0,96~~ nothin' new, we know this is a strong stock, one of my longs for 2024, ANT
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ANTADOG ANTADOG 11 months ago
0,90~~ ANT
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ANTADOG ANTADOG 12 months ago
0,85's goin' nicely, ANT
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stockforce stockforce 12 months ago
SaverOne obviously has an upper hand in their deal with IVECO just from the wording in this Side Letter annoucement that gives IVECO 6-month exclusivity period. Now 6 months have just passed. This stock has an extremely strong uptrend potential just because of what is about to come. All other major truck/bus manufacturers already know what IVECO is doing with SaverOne. You think they all will just sit there and wait to give IVECO a “competitive edge” so they can be beat up in this competive market? SaverOne will be the most sought-after DDPS provider in the world. This is also why they are acquiring Micronet to take over the US market.
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stockforce stockforce 12 months ago
“The goal of the collaboration is to provide IVECO with a competitive edge by offering a safer driving experience to IVECO’s global customer base.” This is an extremely strong statement from SaverOne and IVECO. Such a huge global leader in truck manufacturing will get a “competitive edge” through integrating SaverOne system in their manufacturing process for their global customer base. Why? Because SaverOne’s DDPS system “is the only system in the world that (actually) prevents cell phone distractions while driving.” No one else in the world is providing this technology as of today! This is exactyly why their “Side Letter to the MOU provides IVECO with an exclusivity period of up to six months during which SaverOne agreed not to sell, develop or manufacture its OEM solution for SaverOne’s innovative in-cabin Driver Distraction Prevention Solution (DDPS) with any other truck manufacturer.” IVECO has so much need for this technology so they can have a “competitive edge”. Huge impact.
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ANTADOG ANTADOG 12 months ago
enterin' 0,80 territory on only 350k shares traded, long, ANT
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stockforce stockforce 12 months ago
“SaverOne is the only system in the world that prevents cell phone distractions while driving. ” They were selected by European Union’s Regulatory Committee as a permanent member.

“ We are honored to join a respected forum of European organisations as well as leading vehicle manufacturers including Volvo Cars and Stellantis, the parent company of Fiat, Chrysler, Jeep, Peugeot, Citroen and 12 other brands that work to promote vehicle technologies that reduce distractions and make the roads safer.”

SaverOne has the connections to all these world’s top automotive manufacturers. Its growth trajectory is unimaginable.
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stockforce stockforce 12 months ago
EU Regulation on Advanced Driver Distraction Warning (ADDW) Systems (EU) 2023/2590 was published in the Official Journal of the European Union on November 22, 2023. As specified in (EU) 2019/2144, the fitment of an ADDW system becomes mandatory for all new types of M and N category vehicle (i.e. all passenger carrying and goods carrying motor vehicles) from July 7, 2024. Phase-II of this regulation will include distraction avoidance by technical means.

SaverOne's CEO continued, "I am thrilled that SaverOne is now firmly in the revenue growth phase in its corporate lifecycle. We look forward to continuing to broaden our customer base and accelerate the growth of our install-base in the months and years ahead." SaverOne believes that ultimately increased focus on monitoring and prevention of cellular distraction systems in vehicles, in particular driven by upcoming expected EU regulation, will likely have a dramatic positive impact on the demand for its systems in the future.

https://www.investorideas.com/News/2023/technology/08030Driver-Tech-Distraction.asp
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stockforce stockforce 12 months ago
Their final commercial agreement will be announced any day now. It’s January 2024 tomorrow! Just read this amazing future of their collaboration, HUGE. This single news will fundamentally turn SaveOne into a huge profitable global company.

“SaverOne’s product has the potential to be installed in all IVECO trucks in the world and later in general IVECO vehicles, which also produces buses and vehicles for the military market, in the scope of approx. 150 thousand vehicles per year. As the company reported, the company’s system was also presented to IVECO’s after-market division. The companies will examine the possibility of adding the SaverOne system to the products sold as an after-market product for owners of existing IVECO trucks. In addition, it was noted that the companies will examine the entire basket of products (existing and future) of SaverOne and the adaptation of the different products to the different customers of IVECO. The joint activity with IVECO will allow the company to accelerate its global activities.”

https://www.linkedin.com/posts/amigur_essential-milestone-for-saverone-activity-6899629247976013825-eV1n/
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stockforce stockforce 12 months ago
As the Head of Digital & Advanced Technologies, IVECO Group, Fabrizio Conicella's comment on their collaboration with SaverOne is deterministic. He is the one that makes the call for finalizing commercial agreement at the IVECO Group, the parent company of IVECO, which means the integrated SaverOne DDPS system will be sold together with their trucks/buses globally, not just in Italy. "Our upcoming collaboration with SaverOne is a clear indication of our commitment to pioneering safety measures in the trucking industry. The integration of their innovative technology into our trucks is a further step in enhancing road safety by minimizing driver distraction. We believe that SaverOne's technology will complement our existing solutions such as the vocal driver assistant, safety driver index and collision reports." January, 2024 is the month. This single news will change everything.
https://www.prnewswire.com/news-releases/saverone-and-iveco-plan-to-advance-collaboration-later-this-year-301865665.html
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stockforce stockforce 12 months ago
SaverOne: Publicly Traded Tech Startup With Highly Positively Skewed Risk-Reward Ratio

Tuesday, December 26, 2023 9:00 AM EST

https://talkmarkets.com/content/stocks--equities/saverone-publicly-traded-tech-startup-with-highly-positively-skewed-risk-reward-ratio?post=423342

It’s not often you come across a startup tech company focused on a niche in the self-driving/EV space, with revenue, in fact with revenue growth of 4X year-over-year, and with a valuation below its seed-round value when it was two guys with a good idea in a garage.

We have come across SaverOne, a Nasdaq listed company with ticker SVRE. Market cap is around $4m. (no mistake: million, not billion), that is. It is a nano-cap and to advance to a micro-cap company, it would have to go up by over 10x.

Valuation and Financials
Part of the reason for the tiny market cap is that this company is focused on growth rather than profitability and the capital markets have been particularly unforgiving in 2022 and 2023, for smaller companies that need to raise capital. SaverOne is no exception and looks like one of the extreme data-points in this regard.

While its difficult to really value these early stage companies in today’s market, at a $5m market cap, the company’s shares are almost like a long-dated option- they will either eventually go to zero given a lack of progress, or if SaverOne has success, it will end up at many multiples where it is today.

In terms of financials, the company reports twice a year. In its first half year 2023 results (to quote), it reported “Revenue up ~4X YoY in H1 2023 and expects continued growth in H2 2023”. H1 2023 revenue was $399k compared with $103k in H1 2022.

Even though typical for a company at this stage in its development, the market cap at near zero is in part due to the ongoing operating and net loss, which were $4.8m and a balance sheet cash only at $5.0m. This implies a cash position at a point where they need to raise some new capital. They have an equity-line in place, where they can issue shares at market price into volume in the market and via this we believe they have been raised some additional capital. Thus, a further reason for the low market cap is the expectations of ongoing dilution to shareholders until they reach breakeven. Even so, given the current market cap, all these risks are more than baked in already into the share price.

Bottom line, given the valuation, the risk-reward here is highly skewed: it is the full share price to the downside or many multiples of that to the upside.

SaverOne’s Solves the Major Cause of Car Accidents - Distracted Driving
Over the past decade, new cars have been adding sensors to enhance safety, by providing drivers with better situational awareness with the goal of ultimately lowering the chance of an accident. Examples are forward collision warnings, emergency braking, lane departure warnings, blind spot detection, backup cameras, etc.

However, human drivers still get distracted and distraction is a major cause of accidents causing almost a third of all car accidents according to the US National Highway Traffic and Safety Administration (NHTSA) . A major reason for distraction is the smartphone.

Over the years, there has been progress made through hands-free, voice-response technology to reduce the number of direct screen interactions with the handset. The significant growth of social media and messaging over the past decade makes the smartphone a major distraction to eyes fixed on the road. Despite trying to police and educating the public to the risks, many users (particularly younger drivers) continue to use their phones while operating a vehicle, believing that a short glance at a text is probably harmless.

According to a report by the NHTSA, in the year 2019, in the just the United States, crashes where the driver was identified as being distracted resulted in over 10,000 fatalities, 1.3 million injuries, costing $100 billion in economic losses, and were 29% of all crash costs.

SaverOne’s Solution
SaverOne’s technological advantage which has 20 patents, is built around locating and exactly pinpointing the source of radiofrequency (RF) waves from a cellphone.

SaverOne can pinpoint a cellphone just in the area of the driver’s seat blocking the potentially distracting apps only from the drivers phone, but not of any of the passengers. Useful apps such as hands free navigation can continue to be enabled.

The system is typically installed in the aftermarket, meaning a garage or installer will put in the system after the car has been purchased. In addition, the driver will need to have an app installed onto his smartphone to interact with the hardware, and if the system detects a driver without the phone app, the hardware can sound an alarm and/or potentially not allow the car to start.

SaverOne has also signed a memorandum of understanding (MoU) with Iveco, the truck subsidiary of Italian-car manufacturer, Fiat, to work to integrate the system into Iveco trucks as an OEM product prior to the sale of the vehicle. This will mean that to use the system, all the truck owner will have to do is contact SaverOne to sign up and have the driver install the app.

SaverOne has developed a second technological solution based on its core IP: an RF ADAS Sensor. This solution successfully passed the proof-of-concept stage at the end of 2022, under a test with another major Western European car manufacturer, and the plan is to develop this as an additional OEM sensor product. It allows a car to detect and accurately locate other vulnerable road users (VRUs) in the vicinity and around the vehicle, via their RF footprint. This can be cyclists, motorcyclists, pedestrians crossing the road, a driver exiting a parked car, etc. This is particularly useful in non-line of sight situation, parked cars hiding pedestrians from view, etc, where the driver or on-vehicle cameras may not see this person. Today, there is no other ADAS sensor that can deal with these cases. This product is currently under development and we would expect an update from SaverOne in the coming year.

SaverOne’s Addressable Market
SaverOne is targeting all players in the automotive market. Their first product, the in-cabin distraction prevention system (or DDPS for short) is targeted at both car fleets as well as the car OEM manufacturers. The second product, the RF ADAS sensor is targeting only towards OEMs and tier-one suppliers to those OEMs.

SaverOne’s DDPS customers are typically fleet owners. Their vehicles tend to be larger, more expensive, typically carrying valuable cargo or customers. They have an interest in ensuring that their vehicles which are driven by alert drivers which do not become distracted as the potential cost of an accident – apart from cost to human life - can be economically significant to the fleet owners. The return of investment on by installing the SaverOne system across the fleet, that even prevents one accident that otherwise would have happened, can be very significant.

SaverOne’s potential market is the hundreds of thousands of corporate and public service fleets globally containing tens of millions vehicles. With the cost of the system at approximately $15 per month, the potential addressable market is in the billions of dollars yearly. SaverOne would only need capture a tiny portion of this to be a resounding success.

To date SaverOne has signed up, we would estimate, a few tens of fleet customers judging by the press release volume, with most of them in Israel but increasingly in Europe, the US and elsewhere in the world. Their largest customer to date was announced in March 2023 with Elektra Afikim, an Israeli public bus company, installing the system across their full fleet of 1,200 buses. As of the announcement of their mid-year 2023 results, on August 29, 2023, they had completed 3,000 system installations and in comparison as of March 31, 2023 they had completed 1750 installations, which means installations growing by 70% in 5 months.

SaverOne has been marketing and selling the systems using a ‘land and expand’ strategy. They typically try to win a small and limited trial of a few vehicles with a company operating a large fleet (the land part of the strategy). Initially, they target the small part of the fleet of the local subsidiary of a major global company with multiple fleets across multiple countries.

Assuming a successful trial the pilot trial expands to cover a larger portion of the local fleet, the next stage would be the whole fleet, and ultimately SaverOne aims to use their foothold in the company to expand to the company’s additional fleets in additional companies. A classic example of this is the company’s success with customer Cemex Israel, a part of the Cemex Group, a global leader in the building materials industry, Following an initial successful trial in mid-2022, Cemex Israel installed the SaverOne system on an additional portion of its fleet at the end of 2022. Then in mid 2023, Cemex Israel deployed the SaverOne System across its full fleet in Israel, and at the end of 2023, announced an initial pilot trial with Cemex in Spain.

As for the RF ADAS sensor, the addressable market in this case is the entire auto market and the fast developing autonomous vehicle market, which will use an array of sensors including the RF ADAS sensor for detecting vulnerable road users.

Regulation Moving Towards SaverOne
A potential accelerator and tailwind for future business for SaverOne is potential regulation, particularly in the EU. New EU regulation from November 2023, mandates that from mid-2024, new cars need to have a device for monitoring, identifying and warning on driver distraction. Phase-II of this regulation, expected by July 2027, is to include distraction avoidance by technical means, with systems such as that developed by SaverOne. This will provide the legislative support for SaverOne’s solution. Ultimately, the US Department of Transport will have to EU regulation as well.

Bottom Line
SaverOne is a technology startup that is publicly traded on Nasdaq under the ticker SVRE. Anyone can invest in this startup. It has a solution for lowering the risk of accidents due to distracted driving caused by cellphones. It already has had success in selling its solution, reporting $400k in revenue in the first half of 2023 – up 4X year-over-year and the company reported that revenue growth continues.

There are upcoming catalysts. They have a potential OEM deal with lead truck manufacturer Iveco expected to be signed in the coming weeks. 2023 full year results will also likely report continued growth. They continue to announce new customer wins and expansion of projects with existing customers. And finally EU regulation is moving in their favor, adding a further tail-wind.

It is difficult to value the business. The market has decided that given that they trade at a share price of around $0.60, the entire value of the company is around $4m. At this price, should they ultimately fail, the downside from $4m to zero is not particularly far. Should they ultimately succeed- and capture a small portion of what will ultimately be a multi-billion dollar yearly revenue market, the upside is many multiples of the current valuation. Thus we see the risk-reward ratio very heavily skewed to the upside.
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ANTADOG ANTADOG 12 months ago
so euhh... what do u think will happen to svre revenues with the addition of Micronet... jtol ANT
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GhosTraderX GhosTraderX 12 months ago
Thanks ANTADOG

Sold at 0.99 from 0.70

GhosT
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ANTADOG ANTADOG 12 months ago
one buck , i delivered, thx, ANT
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ANTADOG ANTADOG 12 months ago
0,97~~ almost there what i promised, fyi ANT
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ANTADOG ANTADOG 12 months ago
Those flippin' 06's and 0,7's kickin' themselves now, 0,9494 ANT
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ANTADOG ANTADOG 12 months ago
0,93~~ ANT
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ANTADOG ANTADOG 12 months ago
0,90 is back like i said, ANT
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ANTADOG ANTADOG 12 months ago
0,85's goin' like candeee, fyi ANT
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ANTADOG ANTADOG 12 months ago
Nice 0,80 hits now, ANT
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ANTADOG ANTADOG 12 months ago
0,91 hod so far, ANT
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ANTADOG ANTADOG 12 months ago
news and/or an update is like a certainty here, will be in dollarland soon, we touched 0,988 yesterday, fyi ANT
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