BrainsWay Ltd. (BWAY) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	61.0M	52.2M	41.0M	31.8M	27.2M
Cost of Revenue	15.1M	12.8M	10.4M	8.3M	7.1M
Gross Profit	45.9M	39.4M	30.6M	23.5M	20.0M
Operating Expenses
R&D Expense	11.1M	9.6M	7.2M	6.7M	7.7M
SG&A Expense	27.2M	25.5M	22.0M	21.6M	25.1M
General & Admin Expense	5.2M	6.5M	5.8M	15.7M	6.9M
Selling & Marketing Expense	14.8M	18.9M	16.2M	5.9M	18.2M
Other Expenses	—	—	—	133.0K	—
Total Operating Expenses	38.3M	35.1M	29.2M	28.4M	32.7M
Cost and Expenses	53.4M	47.9M	39.6M	36.7M	39.9M
Operating Income (EBIT)	7.6M	4.3M	1.4M	(5.0M)	(12.7M)
Non-Operating
Interest Income	4.3M	5.6M	2.5M	2.2M	1.1M
Interest Expense	2.2M	2.2M	1.4M	298.0K	68.0K
Net Interest Income	2.1M	3.4M	1.1M	1.9M	1.0M
Other Non-Op Income/Expense	2.1M	3.4M	2.1M	1.0M	(351.0K)
Non-Operating Income (excl Interest)	(2.9M)	(5.6M)	(2.2M)	(1.1M)	305.0K
EBT (Pre-Tax Income)	9.7M	7.7M	3.5M	(3.9M)	(13.0M)
Income Tax Expense	181.6K	77.0K	538.0K	251.0K	315.0K
Bottom Line
Net Income	9.5M	7.6M	2.9M	(4.2M)	(13.3M)
Earnings from Cont. Ops	9.5M	7.6M	2.9M	(4.2M)	(13.3M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	9.5M	7.6M	2.9M	(4.2M)	(13.3M)
Per Share
Basic EPS	$0.46	$0.40	$0.09	($0.13)	($0.43)
Diluted EPS	$0.44	$0.36	$0.09	($0.13)	($0.43)
Revenue Per Share	$3.04	$2.74	$1.21	$0.96	$0.82
Shares
Basic Shares Outstanding	20.1M	19.1M	34.0M	33.2M	33.0M
Diluted Shares Outstanding	20.1M	21.2M	34.8M	33.2M	33.0M
Profitability Metrics
EBITDA	12.2M	11.5M	5.4M	(2.6M)	(11.5M)
D&A	1.7M	1.5M	1.8M	1.3M	1.5M
EBIT	10.5M	9.9M	3.6M	(3.9M)	(13.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026