BrainsWay Ltd. (TLV:BWAY)

BrainsWay Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	43.46	41.02	31.79	27.18	29.66	22.06
Revenue Growth (YoY)	26.86%	29.04%	16.96%	-8.36%	34.46%	-4.52%
Cost of Revenue	11.08	10.44	8.31	7.13	6.6	5.06
Gross Profit	32.38	30.58	23.48	20.05	23.06	17
Selling, General & Admin	22.61	22	21.77	25.05	21.66	16.01
Research & Development	7.9	7.19	6.67	7.68	6.39	5.82
Operating Expenses	30.51	29.19	28.44	32.73	28.06	21.83
Operating Income	1.87	1.39	-4.96	-12.68	-5	-4.83
Interest Expense	-1.4	-1.25	-0.85	-1.19	-1.23	-0.83
Interest & Investment Income	3.13	2.48	2.17	1.11	0.23	0.06
Currency Exchange Gain (Loss)	-0.16	-0.16	-0.06	-0.25	-0.36	0.45
Other Non Operating Income (Expenses)	1	1	-0.25	-0.01	-0.05	-
EBT Excluding Unusual Items	4.44	3.46	-3.95	-13.03	-6.42	-5.15
Pretax Income	4.44	3.46	-3.95	-13.03	-6.42	-5.15
Income Tax Expense	0.52	0.54	0.25	0.32	0.04	0.24
Net Income	3.92	2.92	-4.2	-13.35	-6.46	-5.39
Net Income to Common	3.92	2.92	-4.2	-13.35	-6.46	-5.39
Shares Outstanding (Basic)	37	34	33	33	31	22
Shares Outstanding (Diluted)	37	35	33	33	31	22
Shares Change (YoY)	-	4.87%	0.53%	5.86%	38.75%	9.49%
EPS (Basic)	0.11	0.09	-0.13	-0.40	-0.21	-0.24
EPS (Diluted)	0.08	0.06	-0.13	-0.40	-0.21	-0.24
Free Cash Flow	8.02	6.5	-1.1	-9.76	-1.35	-3.91
Free Cash Flow Per Share	0.22	0.19	-0.03	-0.30	-0.04	-0.17
Gross Margin	74.51%	74.56%	73.86%	73.77%	77.75%	77.07%
Operating Margin	4.31%	3.39%	-15.60%	-46.67%	-16.86%	-21.89%
Profit Margin	9.01%	7.12%	-13.20%	-49.12%	-21.79%	-24.41%
Free Cash Flow Margin	18.45%	15.86%	-3.47%	-35.91%	-4.57%	-17.71%
EBITDA	3.24	2.68	-3.89	-11.15	-3.31	-3.21
EBITDA Margin	7.45%	6.53%	-12.23%	-41.02%	-11.17%	-14.56%
D&A For EBITDA	1.37	1.29	1.07	1.53	1.69	1.62
EBIT	1.87	1.39	-4.96	-12.68	-5	-4.83
EBIT Margin	4.31%	3.39%	-15.60%	-46.67%	-16.86%	-21.89%
Effective Tax Rate	11.78%	15.55%	-	-	-	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.