Wearable Devices Ltd. (WLDSW) Financials

$0.31

south_east -$0.02 (-6%)
Day's range
$0.31
Day's range
$0.31

WLDSW 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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