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Company News
Shekel Brainweigh continues growth momentum as Retail Innovation division increasingly adds to revenue mix
Shekel Brainweigh (ASX: SBW) has continued its growth momentum as its Retail Innovation division products continue to rapidly add to its revenue mix and demand accelerates globally. The company revealed its revenue increased 23% in the six months ending June 2022 (H1 FY2022) to US$13.1 million – up from US$10.6 million in H1 FY2021. Gross […]
Shekel Brainweigh boosts revenue to US$13.1m as growth accelerates in Retail Innovation segment
Shekel Brainweigh (ASX: SBW) has boosted revenue for the half year ending June (H1 FY2022) by 23% to US$13.1 million (A$19.48 million) as growth in Retail Innovation segment accelerates. This compares to the US$10.6 million (A$15.77 million) achieved in H1 FY2021. Shekel chairman Arik Schor said the H1 FY2022 result was “really pleasing” and showed […]
Shekel Brainweigh leads autonomous shopping transition with AI-powered smart coolers
Shekel Brainweigh (ASX: SBW) is leading the automated shopping micro market transition with its smart coolers that comprise advanced weighing technology, artificial intelligence and are equipped with the company’s “smart shelves”. At the recent Chicago-based National Automatic Merchandising Association show, director of strategy and planning at PepsiCo Inc Bill Moxey said it is anticipated that […]
Shekel Brainweigh posts 22% rise in revenue for March quarter, as retail technology innovations continue
Autonomous technology developer for the retail space, Shekel Brainweigh (ASX: SBW) has posted a 22% rise in revenue for the March quarter 2022 (Q1 FY2022). Revenue for Q1 FY2022 reached US$6.39 million (unaudited) – up from US$5.22 million in the previous corresponding period. The company’s healthcare segment contributed US$2.61 million to Q1 FY2021 revenue, with […]
Shekel Brainweigh at the forefront of the autonomous retail revolution
With the world of retail shifting to a more autonomous future, Shekel Brainweigh (ASX: SBW) is at the forefront of the transition with its innovative technologies for the sector. The retail market is on the cusp of a digital and frictionless shopping revolution and Shekel has created its retail innovations division to develop technologies to […]
Shekel Brainweigh rapidly expands as world transitions to autonomous retail
Following record revenue in 2021, artificial intelligence (AI) weighing technology developer Shekel Brainweigh (ASX: SBW) expects this momentum to continue as it expands globally amid the rapidly growing autonomous retail sector. Describing itself as an AI innovator, Shekel Brainweigh has developed advanced weighing technology for retail, healthcare, industry and OEM markets. In OEM, Shekel Brainweigh’s […]
Shekel Brainweigh joins technology top dogs to advance its retail weighing solutions
Weighing technology pioneer Shekel Brainweigh (ASX: SBW) has joined forces with leading technology players including multinational corporation Intel to rapidly advance its retail innovations. The recently-listed company today announced the launch of the ‘Open Retail Initiative’, a collaboration led by Intel and joined by industry partners including Dell, Hewlett Packard, Verifone and Chinese e-commerce platform […]
