Brainsway Ltd. (BWAY)

Income Statement (Annual)

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

Millions USD. Fiscal year is Jan - Dec.

Year	2021	2020	2019	2018	2017
Revenue	29.66	22.06	23.1	16.4	11.15
Revenue Growth (YoY)	34.46%	-4.52%	40.89%	47.12%	-
Cost of Revenue	6.6	5.06	5.13	3.59	2.6
Gross Profit	23.06	17	17.97	12.81	8.55
Selling, General & Admin	21.66	16.01	18.57	11.77	9.82
Research & Development	6.39	5.82	7.88	6.16	5.34
Operating Expenses	28.06	21.83	26.45	17.92	15.16
Operating Income	-5	-4.83	-8.48	-5.11	-6.61
Interest Expense / Income	1.42	0.32	1.43	1.16	0.27
Pretax Income	-6.42	-5.15	-9.91	-6.27	-6.89
Income Tax	0.04	0.24	0.42	0.21	0.17
Net Income	-6.46	-5.39	-10.33	-6.48	-7.05
Net Income Common	-6.46	-5.39	-10.33	-6.48	-7.05
Shares Outstanding (Basic)	30	22	22	22	-
EPS (Basic)	-0.42	-0.48	-1.00	-0.78	-0.96
EPS (Diluted)	-0.42	-0.48	-1.00	-0.78	-0.96
Free Cash Flow Per Share	-0.09	-0.35	-0.97	-0.53	-
Gross Margin	77.75%	77.07%	77.80%	78.11%	76.72%
Operating Margin	-16.86%	-21.89%	-36.69%	-31.19%	-59.32%
Profit Margin	-21.79%	-24.41%	-44.71%	-39.51%	-63.29%
Free Cash Flow Margin	-4.57%	-17.71%	-45.69%	-35.04%	-39.95%
Effective Tax Rate	-0.67%	-4.60%	-4.26%	-3.33%	-2.45%
EBITDA	-3.31	-3.21	-6.87	-3.89	-5.54
EBITDA Margin	-11.17%	-14.56%	-29.75%	-23.70%	-49.70%
Depreciation & Amortization	1.69	1.62	1.6	1.23	1.07
EBIT	-5	-4.83	-8.48	-5.11	-6.61
EBIT Margin	-16.86%	-21.89%	-36.69%	-31.19%	-59.32%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).