Jan. 11 at 11:37 PM
$FMTO LOL they are storing the cash in NIS
This company is essentially a leveraged bet of NIS v USD and we all know USD is about to fall off a cliff
"
The Company is exposed to foreign exchange rate risks as the Company has a surplus of financial assets over financial
liabilities denominated in USD as of September 30, 2025, consisting of cash in the sum of
$17,301,552. As of
September 30, 2025, a 5% depreciation or appreciation of the U.S. dollar against the NIS would have resulted in an
approximate
$865,078 decrease or increase, respectively, in total pre-tax profit.
"