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BrainsWay Reports Fourth Quarter and Full Year 2025 Financial Results and Operational Highlights
Globenewswire· 2026-03-11 11:30
Core Insights - BrainsWay Ltd. reported a 27% year-over-year revenue growth in Q4 2025, reaching a record $14.5 million, with a significant increase in operating income and adjusted EBITDA [1][5][8] - The company anticipates continued growth in 2026, projecting revenue between $66 million and $68 million, representing a growth rate of 27% to 30% [1][12] Financial Performance Highlights - Q4 2025 operating income was $1.9 million, compared to $0.4 million in Q4 2024, while adjusted EBITDA increased by 53% to $2.3 million [1][5] - Full year 2025 revenue was $52.2 million, a 27% increase from 2024, with net income rising by 161% to $7.6 million [1][5][8] - Remaining performance obligations increased by 43% to approximately $70 million, indicating strong future revenue potential [1][5] Operational Developments - The company shipped 95 Deep TMS™ systems in Q4 2025, a 27% increase from the previous year, bringing the total installed base to approximately 1,700 systems [5] - The FDA granted label expansion for the Deep TMS™ system, allowing its use as an adjunct therapy for adolescents aged 15 to 21 with major depressive disorder [5][8] - BrainsWay launched a multicenter clinical trial for the new Deep TMS 360™ system targeting individuals with Alcohol Use Disorder, addressing a significant health issue affecting around 29 million Americans [5][8] Strategic Outlook - The CEO highlighted strong demand for Deep TMS, supported by expanding customer adoption and regulatory clearances, as key growth catalysts for 2026 [8] - The company is focusing on a targeted investment strategy to support clinical expansion and increase awareness of innovative therapies within mental health networks [8]
BrainsWay to Report Third Quarter 2025 Financial Results on November 11, 2025
Globenewswire· 2025-10-28 12:00
Core Insights - BrainsWay Ltd. will report its Q3 2025 financial results and operational highlights on November 11, 2025, before the U.S. market opens [1] - A conference call and webcast will be held at 8:30 AM Eastern Time to discuss the results and provide business updates [2] Company Overview - BrainsWay is a leader in noninvasive neurostimulation treatments for mental health disorders, utilizing its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS™) technology [3] - The company has received FDA clearance for three indications: major depressive disorder, obsessive-compulsive disorder, and smoking addiction, supported by pivotal clinical studies [3] - Founded in 2003, BrainsWay operates in the U.S. and Israel, focusing on increasing awareness and access to Deep TMS [3]
BrainsWay Reports Second Quarter 2025 Financial Results and Operational Highlights
Globenewswire· 2025-08-13 11:30
Core Insights - BrainsWay Ltd. reported record quarterly revenue of $12.6 million in Q2 2025, marking a 26% increase compared to Q2 2024 [1] - The company raised its full-year 2025 revenue guidance to between $50 million and $52 million, up from the previous range of $49 million to $51 million [4] - Remaining performance obligations increased by 25% year-over-year to $62 million, indicating strong future revenue visibility [1][4] Financial Performance - Operating profit for Q2 2025 totaled $0.6 million, consistent with the prior year [5] - Adjusted EBITDA rose 16% to $1.5 million in Q2 2025, compared to $1.3 million in Q2 2024 [5] - Net profit surged 233% to $2.0 million in Q2 2025, up from $0.6 million in Q2 2024 [5] Operational Highlights - The company shipped a net total of 88 Deep TMS™ systems in Q2 2025, a 35% increase from the same period last year, bringing the total installed base to 1,522 systems [5] - Approximately 70% of recent customer engagements are structured as multi-year lease agreements, contributing to stable revenue streams [5] - The company is actively pursuing minority equity investments in high-performing mental health providers to enhance its strategic initiatives [7] Guidance and Future Outlook - The company expects operating income for full-year 2025 to be between 4% and 5%, with Adjusted EBITDA projected at 12% to 13% [4] - BrainsWay's management expressed confidence in the momentum across its core market and the successful execution of its growth strategy [4][6]
BrainsWay to Report First Quarter 2025 Financial Results on May 13, 2025
Globenewswire· 2025-04-29 12:00
Core Insights - BrainsWay Ltd. will report its first quarter 2025 financial results and operational highlights on May 13, 2025, before the U.S. market opens [1] - A conference call and webcast will be held at 8:30 AM Eastern Time on the same day to discuss the results and business operations [1][2] Company Overview - BrainsWay is a leader in advanced noninvasive neurostimulation treatments for mental health disorders, utilizing its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS™) technology [3] - The company has obtained three FDA-cleared indications for its TMS technology, which include major depressive disorder, obsessive-compulsive disorder, and smoking addiction, supported by pivotal clinical studies [3] - Founded in 2003, BrainsWay operates in Israel and the U.S. and is focused on increasing global awareness and access to Deep TMS [3]