BrainsWay Ltd. reported its first quarter 2025 financial results on May 13, 2025, achieving record quarterly sales and significant increases in profitability. Revenue for Q1 2025 reached $11.5 million, representing a 27% increase compared to Q1 2024. This growth was driven by increasing demand and utilization of its Deep TMS technology.
Operating profit for the first quarter totaled $0.6 million, marking a 519% increase compared to Q1 2024. Adjusted EBITDA also rose significantly to $1.3 million, an 81% increase over the same period last year. The company shipped a record net number of Deep TMS systems during the quarter, indicating strengthening relationships with enterprise accounts.
BrainsWay reiterated its full-year 2025 financial guidance, maintaining revenue expectations of $49 million to $51 million. The company also reaffirmed its operating profit guidance of 3% to 4% and Adjusted EBITDA guidance of 11% to 12% for the full year. These results and outlook underscore the company's continued momentum in the TMS market.
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