BrainsWay Ltd. announced its fourth quarter and full year 2024 financial results on March 11, 2025, reporting record quarterly sales and strong annual growth. Fourth quarter 2024 revenue reached $11.4 million, marking a 27% increase compared to Q4 2023. Full year 2024 revenue increased to $41 million, representing nearly 30% growth over 2023.
The company also reported significant profitability improvements, with Q4 2024 operating profit totaling $0.7 million and Adjusted EBITDA reaching $1.7 million. For the full year 2024, operating profit was $1.9 million and Adjusted EBITDA was $5.3 million. BrainsWay exceeded its full year 2024 operating income and Adjusted EBITDA margin guidance.
Looking ahead, BrainsWay provided full-year 2025 financial guidance, projecting revenue between $49 million and $51 million. The company anticipates an operating profit of 3% to 4% of revenue and Adjusted EBITDA of 11% to 12% of revenue for 2025. These projections reflect expected continued strong growth and further improvements in profitability.
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