Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 165

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 5
Chunk 165
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 1,867       2,192  
  Gross profit                                            7,537       8,511       4,833       5,734      6,739       6,103       5,814  
  Research and development expenses, net                  1,711       2,044       1,785       1,902      1,434       1,576       1,731  
  Selling and marketing expenses                          3,796       4,472       4,912       3,983      3,959       4,146       4,552  
  General and administrative expenses                     1,444       1,564       1,803       1,192      1,162       1,863       1,539  
  Total Operating expenses                                6,951       8,080       8,500       7,077      6,555       7,585       7,822  
  Total operating income (loss)                             586         431      (3,667      (1,343        184      (1,482      (2,008  
  Finance income (expenses), net                            117       1,305       1,407        (135       (221        (324        (329  
  Income (loss) before income taxes                         703       1,736      (2,260      (1,478        (37      (1,806      (2,337  
  Income taxes (tax benefit)                                103         188         171         185       (164         187         113  
  Net income (loss) and Comprehensive income (loss)         600       1,548      (2,431      (1,663        127      (1,993      (2,450  

Our quarterly revenues and operating results have
varied in the past and are expected to vary in the future due to numerous factors. We believe that period-to-period comparisons of our
operating results are not necessarily meaningful and should not be relied upon as indications of future performance.

Year ended
December 31, 2024 compared to year ended December 31, 2023

Revenues

Our total revenues increased by $9.2 million, or
29%, from $31.8 million for the year ended December 31, 2023 to $41