Brainsway Ltd. Financials
This page shows Brainsway Ltd. (BWAY) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Brainsway Ltd.'s revenue surged 29.0% year-over-year to $41.0M, reflecting rapid business expansion. This strong growth earns a score of 82/100.
Brainsway Ltd. carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 5.19, Brainsway Ltd. holds $5.19 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Brainsway Ltd. generates a 4.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 22/100. This is up from -10.1% the prior year.
Brainsway Ltd. passes 4 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Brainsway Ltd. generates $3.53 in operating cash flow ($10.3M OCF vs $2.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Brainsway Ltd. generated $41.0M in revenue in fiscal year 2024. This represents an increase of 29.0% from the prior year.
Brainsway Ltd. reported $2.9M in net income in fiscal year 2024. This represents an increase of 169.6% from the prior year.
Cash & Balance Sheet
Brainsway Ltd. held $69.3M in cash against $4.8M in long-term debt as of fiscal year 2024.
Brainsway Ltd. had 38M shares outstanding in fiscal year 2024. This represents an increase of 13.2% from the prior year.
Margins & Returns
Brainsway Ltd.'s net profit margin was 7.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 20.3 percentage points from the prior year.
Brainsway Ltd.'s ROE was 4.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 14.8 percentage points from the prior year.
Capital Allocation
BWAY Income Statement
| Metric | Q2'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BWAY Balance Sheet
| Metric | Q2'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $111.6M+18.3% | $94.3M+49.8% | $63.0M-2.3% | $64.5M-14.9% | $75.7M+122.7% | $34.0M-1.1% | $34.4M-11.2% | $38.7M |
| Current Assets | $89.0M+11.7% | $79.7M+43.6% | $55.5M-4.5% | $58.1M-11.2% | $65.4M+169.4% | $24.3M+0.9% | $24.1M-16.5% | $28.8M |
| Cash & Equivalents | $67.9M-2.1% | $69.3M+559.2% | $10.5M-77.9% | $47.6M+181.2% | $16.9M-0.2% | $17.0M+7.4% | $15.8M-27.1% | $21.7M |
| Inventory | $4.2M-5.3% | $4.4M+19.1% | $3.7M-3.1% | $3.8M | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $43.4M+35.7% | $32.0M+49.6% | $21.4M+12.1% | $19.1M+3.7% | $18.4M+28.0% | $14.4M-0.6% | $14.5M-0.3% | $14.5M |
| Current Liabilities | $25.5M+66.2% | $15.3M+57.2% | $9.8M+19.9% | $8.1M-10.2% | $9.1M+33.3% | $6.8M-2.5% | $7.0M+3.8% | $6.7M |
| Long-Term Debt | $5.2M+8.7% | $4.8M+1908.4% | $239K-5.9% | $254K0.0% | $254K+4.5% | $243K | N/A | $663K |
| Total Equity | $68.1M+9.3% | $62.3M+49.9% | $41.6M-8.4% | $45.4M-20.8% | $57.3M+192.0% | $19.6M-1.4% | $19.9M-17.8% | $24.2M |
| Retained Earnings | -$95.2M+3.2% | -$98.4M+2.9% | -$101.3M-4.3% | -$97.1M-15.9% | -$83.8M-8.4% | -$77.3M-0.5% | -$76.9M-6.9% | -$71.9M |
BWAY Cash Flow Statement
| Metric | Q2'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | $1.6M | N/A | -$1.2M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | -$85K | N/A | $338K |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | $1.6M | N/A | -$1.6M |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | $85K | N/A | -$396K |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | -$750K | N/A | -$414K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BWAY Financial Ratios
| Metric | Q2'25 | Q4'24 | Q4'23 | Q4'22 | Q4'21 | Q4'20 | Q3'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 3.49-1.7 | 5.19-0.5 | 5.68-1.5 | 7.14-0.1 | 7.22+3.6 | 3.57+0.1 | 3.45-0.8 | 4.29 |
| Debt-to-Equity | 0.080.0 | 0.08+0.1 | 0.010.0 | 0.010.0 | 0.000.0 | 0.01-0.7 | 0.73+0.7 | 0.03 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Similar Companies
Frequently Asked Questions
What is Brainsway Ltd.'s annual revenue?
Brainsway Ltd. (BWAY) reported $41.0M in total revenue for fiscal year 2024. This represents a 29.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Brainsway Ltd.'s revenue growing?
Brainsway Ltd. (BWAY) revenue grew by 29% year-over-year, from $31.8M to $41.0M in fiscal year 2024.
Is Brainsway Ltd. profitable?
Yes, Brainsway Ltd. (BWAY) reported a net income of $2.9M in fiscal year 2024, with a net profit margin of 7.1%.
How much debt does Brainsway Ltd. have?
As of fiscal year 2024, Brainsway Ltd. (BWAY) had $69.3M in cash and equivalents against $4.8M in long-term debt.
What is Brainsway Ltd.'s net profit margin?
Brainsway Ltd. (BWAY) had a net profit margin of 7.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Brainsway Ltd.'s return on equity (ROE)?
Brainsway Ltd. (BWAY) has a return on equity of 4.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Brainsway Ltd.'s operating cash flow?
Brainsway Ltd. (BWAY) generated $10.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Brainsway Ltd.'s total assets?
Brainsway Ltd. (BWAY) had $94.3M in total assets as of fiscal year 2024, including both current and long-term assets.
What is Brainsway Ltd.'s current ratio?
Brainsway Ltd. (BWAY) had a current ratio of 5.19 as of fiscal year 2024, which is generally considered healthy.
What is Brainsway Ltd.'s debt-to-equity ratio?
Brainsway Ltd. (BWAY) had a debt-to-equity ratio of 0.08 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Brainsway Ltd.'s return on assets (ROA)?
Brainsway Ltd. (BWAY) had a return on assets of 3.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Brainsway Ltd.'s Piotroski F-Score?
Brainsway Ltd. (BWAY) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Brainsway Ltd.'s earnings high quality?
Brainsway Ltd. (BWAY) has an earnings quality ratio of 3.53x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Brainsway Ltd.?
Brainsway Ltd. (BWAY) scores 76 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.