WLDS
Income statement / Annual
Last year (2023), Wearable Devices Ltd.'s total revenue was $82,000.00,
an increase of 82.22% from the previous year.
In 2023, Wearable Devices Ltd.'s net income was -$7.81 M.
See Wearable Devices Ltd.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$82,000.00
|
$45,000.00
|
$142,000.00
|
$57,000.00
|
$242,000.00
|
| Cost of Revenue |
$62,000.00 |
$25,333.00 |
$15,500.00 |
$9,000.00 |
$21,000.00 |
| Gross Profit |
$20,000.00 |
$19,667.00 |
$126,500.00 |
$48,000.00 |
$221,000.00 |
| Gross Profit Ratio |
0.24 |
0.44 |
0.89 |
0.84 |
0.91 |
| Research and Development
Expenses |
$3.32 M
|
$2.26 M
|
$1.41 M
|
$743,000.00
|
$787,000.00
|
| General & Administrative
Expenses |
$2.88 M
|
$1.95 M
|
$628,000.00
|
$174,000.00
|
$218,000.00
|
| Selling & Marketing
Expenses |
$2.01 M
|
$1.37 M
|
$665,000.00
|
$287,000.00
|
$165,000.00
|
| Selling, General &
Administrative Expenses |
$4.89 M
|
$3.31 M
|
$1.29 M
|
$461,000.00
|
$383,000.00
|
| Other Expenses |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Operating Expenses |
$8.21 M |
$5.57 M |
$2.70 M |
$1.20 M |
$1.17 M |
| Cost And Expenses |
$8.27 M |
$5.60 M |
$2.71 M |
$1.21 M |
$1.19 M |
| Interest Income |
$372,000.00 |
$38,000.00 |
$55,000.00 |
$102,000.00 |
$28,000.00 |
| Interest Expense |
$0.00 |
$38,000.00 |
$0.00 |
$102,000.00 |
$28,000.00 |
| Depreciation &
Amortization |
$68,000.00
|
$23,000.00
|
$11,000.00
|
$7,000.00
|
$7,000.00
|
| EBITDA |
-$8.12 M
|
-$6.43 M
|
-$2.60 M
|
-$1.15 M
|
-$942,000.00
|
| EBITDA Ratio |
-99 |
-122.91 |
-18.04 |
-20.16 |
-3.89 |
| Operating Income Ratio
|
-99.83
|
-123.42
|
-18.11
|
-20.28
|
-3.92
|
| Total Other
Income/Expenses Net |
$372,000.00
|
-$38,000.00
|
$55,000.00
|
-$102,000.00
|
-$28,000.00
|
| Income Before Tax |
-$7.81 M |
-$6.50 M |
-$2.61 M |
-$1.26 M |
-$977,000.00 |
| Income Before Tax Ratio
|
-95.29
|
-144.36
|
-18.41
|
-22.07
|
-4.04
|
| Income Tax Expense |
$0.00 |
-$205,485.00 |
-$225,558.00 |
-$199,297.00 |
$28,000.00 |
| Net Income |
-$7.81 M |
-$6.50 M |
-$2.61 M |
-$1.26 M |
-$1.01 M |
| Net Income Ratio |
-95.29 |
-144.36 |
-18.41 |
-22.07 |
-4.15 |
| EPS |
-0.48 |
-0.43 |
-0.23 |
-0.11 |
-0.0902 |
| EPS Diluted |
-0.48 |
-0.43 |
-0.23 |
-0.11 |
-0.0902 |
| Weighted Average Shares
Out |
$16.20 M
|
$15.05 M
|
$11.14 M
|
$11.14 M
|
$11.14 M
|
| Weighted Average Shares
Out Diluted |
$16.20 M
|
$15.05 M
|
$11.14 M
|
$11.14 M
|
$11.14 M
|
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