Medigus Ltd. (MDGS)

[Mr. Zen]

Since the beginning of 2021, our operations have shown great growth and progress with our advanced innovations, products, and overall value."

For the first six months ended June 30, 2021, the Company reported revenues from products (derived mainly from Jeff Brands) and commissions (derived from Eventer) of approximately $2,393,000, an increase of approx. 3,178% compared to approx. $73,000 in the six-month period ended June 30, 2020.

Medigus' relative stake in ScoutCam as of June 30, 2021 was 27.76% and its equity investment as of June 30, 2021 totaled to $11,851,000. Together with the results of Jeff Brands', Eventer's and ScoutCam's, as well as income from the sale of part of Matomy’s shares, Medigus generated a net income of $7,927,000 compared to a net loss of $3,599,000 in the six-month period ended June 30, 2020.