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Brainsway Stock Price, News & Analysis

BRSYF OTC Link

Company Description

Brainsway Ltd. (BRSYF) is a foreign private issuer whose securities are registered with the U.S. Securities and Exchange Commission and report on Form 20-F. The company files current reports on Form 6-K and has used SEC registration statements on Form S-8 and Form F-3, indicating activity in the U.S. capital markets. Brainsway Ltd. is identified in SEC filings as having its principal executive office in Jerusalem, Israel.

According to multiple Form 6-K filings, Brainsway Ltd. is associated with neuromodulation technologies and treatments that involve Deep TMS™ (Deep Transcranial Magnetic Stimulation). The company reports on regulatory milestones, clinical initiatives, and coverage developments related to Deep TMS and other neuromodulation systems. These disclosures suggest a focus on medical applications in mental health and related conditions, as described in the titles of the exhibits attached to its 6-K reports.

Business focus and therapeutic areas

Exhibits to Brainsway Ltd.’s Form 6-K filings describe activities around neuromodulation systems and Deep TMS in connection with specific conditions. One filing reports that BrainsWay announced FDA approval of Neurolief’s Proliv™Rx neuromodulation system for Major Depressive Disorder (MDD). Other filings reference Deep TMS in the context of coverage policies and clinical use for depression, including adolescent depression, and a clinical trial for alcohol use disorder. These exhibit titles indicate that Brainsway Ltd. is involved in neuromodulation technologies that are used or studied in mental health indications such as major depressive disorder and alcohol use disorder.

Brainsway Ltd. has reported:

  • An announcement regarding FDA approval of Neurolief’s Proliv™Rx neuromodulation system for Major Depressive Disorder (MDD), as reflected in an exhibit titled "BrainsWay Announces FDA Approval of Neurolief’s Proliv™Rx Neuromodulation System for Major Depressive Disorder (MDD)."
  • An announcement of the first coverage policy for accelerated Deep TMS™, as reflected in an exhibit titled "BrainsWay Announces First Coverage Policy for Accelerated Deep TMS™."
  • A report of expansion of adolescent depression coverage applicable to Deep TMS, as reflected in an exhibit titled "BrainsWay Reports Expansion of Adolescent Depression Coverage Applicable to Deep TMS."
  • The launch of a first clinical trial of the Deep TMS 360™ system for alcohol use disorder, as reflected in an exhibit titled "BrainsWay Launches First Clinical Trial of Deep TMS 360™ System for Alcohol Use Disorder."
  • FDA clearance of Deep TMS™ as adjunct therapy for Major Depressive Disorder (MDD) in adolescents aged 15 to 21, as reflected in an exhibit titled "BrainsWay Receives FDA Clearance of Deep TMS™ as Adjunct Therapy for Major Depressive Disorder (MDD) in Adolescents Aged 15 to 21."

Regulatory reporting and capital markets activity

Brainsway Ltd. indicates in its 6-K filings that it files an annual report on Form 20-F. The 6-K reports state that they are incorporated by reference into the company’s Registration Statement on Form S-8 filed with the SEC on April 22, 2019, and its Registration Statements on Form F-3 filed on July 22, 2024 and April 22, 2025. This pattern of filings shows that Brainsway Ltd. uses U.S. registration statements for securities offerings or related purposes and supplements those with current reports on Form 6-K that include press releases and other information as exhibits.

The company’s 6-K filings also identify it as "BRAINSWAY LTD." and specify that it is a foreign issuer choosing the Form 20-F regime rather than Form 40-F. This classification places Brainsway Ltd. among non-U.S. companies that access U.S. investors while following the disclosure framework applicable to foreign private issuers.

Location and regulatory framework

In each of the provided 6-K filings, Brainsway Ltd. lists its principal executive office in Jerusalem, Israel. As a foreign issuer, its SEC reporting focuses on Form 20-F for annual disclosure and Form 6-K for current reports. The exhibits to these 6-K filings provide insight into the company’s neuromodulation-related activities, including FDA-related developments, coverage policies, and clinical trials.

How Brainsway Ltd. information can be used by investors

Investors and researchers looking at Brainsway Ltd. can use its SEC filings to understand the areas highlighted by the company in its official communications. The exhibit titles in the 6-K filings emphasize neuromodulation systems, Deep TMS, coverage policies, and regulatory clearances related to major depressive disorder and alcohol use disorder. These topics, as disclosed in regulatory documents, can help readers identify the therapeutic areas and technologies that Brainsway Ltd. chooses to highlight in its reporting.

Stock Performance

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Last updated:
+249.12%
Performance 1 year
$532.1M

Brainsway (BRSYF) stock last traded at $11.87. Over the past 12 months, the stock has gained 249.1%. At a market capitalization of $532.1M, BRSYF is classified as a small-cap stock with approximately 40.0M shares outstanding.

Latest News

No recent news available for BRSYF.

SEC Filings

Brainsway has filed 5 recent SEC filings, including 3 Form 3, 2 Form 6-K. The most recent filing was submitted on March 26, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all BRSYF SEC filings →

Financial Highlights

Brainsway generated $41.0M in revenue over the trailing twelve months, and net income was $2.9M, reflecting a 7.1% net profit margin. The company generated $10.3M in operating cash flow. With a current ratio of 5.19, the balance sheet reflects a strong liquidity position.

$41.0M
Revenue (TTM)
$2.9M
Net Income (TTM)
$10.3M
Operating Cash Flow

Upcoming Events

Short Interest History

Last 12 Months

Short interest in Brainsway (BRSYF) currently stands at 4.4 thousand shares, up 237.3% from the previous reporting period, representing 0.0% of the float. Over the past 12 months, short interest has decreased by 87.5%. This relatively low short interest suggests limited bearish sentiment. With 1000.0 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.

Days to Cover History

Last 12 Months

Days to cover for Brainsway (BRSYF) currently stands at 1000.0 days. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The ratio has shown significant volatility over the period, ranging from 1.0 to 1000.0 days.

BRSYF Company Profile & Sector Positioning

Brainsway (BRSYF) operates in the Medical Devices industry within the broader Healthcare sector and is listed on the OTC Link.

Frequently Asked Questions

What is the current stock price of Brainsway (BRSYF)?

The current stock price of Brainsway (BRSYF) is $11.87 as of February 27, 2026.

What is the market cap of Brainsway (BRSYF)?

The market cap of Brainsway (BRSYF) is approximately 532.1M. Learn more about what market capitalization means .

What is the revenue (TTM) of Brainsway (BRSYF) stock?

The trailing twelve months (TTM) revenue of Brainsway (BRSYF) is $41.0M.

What is the net income of Brainsway (BRSYF)?

The trailing twelve months (TTM) net income of Brainsway (BRSYF) is $2.9M.

What is the operating cash flow of Brainsway (BRSYF)?

The operating cash flow of Brainsway (BRSYF) is $10.3M. Learn about cash flow.

What is the profit margin of Brainsway (BRSYF)?

The net profit margin of Brainsway (BRSYF) is 7.1%. Learn about profit margins.

What is the current ratio of Brainsway (BRSYF)?

The current ratio of Brainsway (BRSYF) is 5.19, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What does Brainsway Ltd. focus on according to its SEC filings?

According to the titles of exhibits attached to its Form 6-K reports, Brainsway Ltd. focuses on neuromodulation technologies and Deep TMS™ in connection with conditions such as major depressive disorder, adolescent depression, and alcohol use disorder.

Where is Brainsway Ltd. based?

Brainsway Ltd.’s Form 6-K filings state that the address of its principal executive office is in Jerusalem, Israel.

What is Deep TMS™ in the context of Brainsway Ltd.?

Deep TMS™ appears in Brainsway Ltd.’s 6-K exhibits as a neuromodulation approach referenced in coverage policies, clinical trials, and FDA clearance as an adjunct therapy for major depressive disorder, including in adolescents aged 15 to 21.

Which therapeutic areas are mentioned in Brainsway Ltd.’s recent 6-K exhibits?

The exhibit titles in recent 6-K filings mention major depressive disorder (MDD), adolescent depression, and alcohol use disorder as therapeutic areas associated with neuromodulation systems and Deep TMS™.

What U.S. SEC forms does Brainsway Ltd. use for reporting?

Brainsway Ltd. indicates that it files an annual report on Form 20-F and current reports on Form 6-K. Its 6-K filings are incorporated by reference into a Form S-8 and Form F-3 registration statements.

What is notable about Brainsway Ltd.’s Form F-3 registration statements?

Brainsway Ltd.’s 6-K filings state that they are incorporated by reference into Registration Statements on Form F-3 filed with the SEC, indicating that the company uses Form F-3 for registered offerings or related purposes in the U.S. market.

Does Brainsway Ltd. report on insurance or coverage policies in its filings?

Yes. One Form 6-K exhibit is titled "BrainsWay Announces First Coverage Policy for Accelerated Deep TMS™," and another is titled "BrainsWay Reports Expansion of Adolescent Depression Coverage Applicable to Deep TMS," indicating that coverage policy developments are part of its reported information.