Wearable Devices Ltd.

Wearable Devices Ltd.

WLDS · NASDAQ · Technology / Consumer Electronics

1.34USD-0.10 (-6.94%)

Price History

Full chart

Market Stats

Previous Close1.44
Open1.48
Day Range1.34 – 1.55
52-Week Range1.30 – 48.96
Volume12.01K
Market Cap3.64M
P/E (TTM)0.00
Forward P/E0.00
EPS-41.56
Dividend Yield0.00%
Beta2.97
50-Day Avg2.35
200-Day Avg4.83

About

Wearable Devices Ltd. engages in the development of a non-invasive neural input interface for controlling digital devices using subtle touchless finger movements. The company offers Mudra development kits that enable users to control digital devices, including consumer electronics, smart watches, smartphones, augmented reality glasses, virtual reality headsets, televisions, personal and laptop computers, drones, robots, and others through finger movements and hand gestures; and SNC sensor module, an operating system software and algorithm software package. It also provides Mudra Band, a neural input wristband, which allows users to control Apple ecosystem devices, including iPhone, Mac computer, Apple TV, iPad, and Apple Vision Pro using subtle touchless finger movements and gestures and Mudra Link, a universal personalized gesture control neural band that allows users to control any Bluetooth compatible device regardless of the operating system. The company serves consumer electronics companies, consumer electronics brands, industrial manufacturing companies, IT and software solutions providers, software development studios, and academic institutions. The company was incorporated in 2014 and is headquartered in Yokneam Illit, Israel.

Company Details

  • SectorTechnology
  • IndustryConsumer Electronics
  • CEOMr. Asher Dahan
  • Employees32
  • Headquarters5 Ha-Tnufa Street, Yokneam Illit, Israel, 2066736, USA
  • Websitehttps://www.wearabledevices.co.il

Leadership

  • Mr. Asher DahanCo-Founder, Chairman & CEO · b. 1978
  • Mr. Guy WagnerCo-Founder, Chief Scientific Officer & President · b. 1978
  • Mr. Leeor LangerCo-Founder & CTO · b. 1983
  • Mr. Alon Mualem CPAChief Financial Officer · b. 1967
  • Dr. Offir RemezExecutive Vice President of Business Development · b. 1972
  • Ms. Tamar FleisherChief Operating Officer · b. 1982
  • Mr. Shmuel BarelChief Marketing Officer · b. 1977
  • Mr. Ron KaldesHead of Growth, AI & Innovation

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue242.00K57.00K142.00K45.00K82.00K522.00K647.00K
Growth (%)--76.45%+149.12%-68.31%+82.22%+536.59%+23.95%
Cost of Revenue21.00K9.00K15.50K25.33K62.00K437.00K678.00K
Gross Profit221.00K48.00K126.50K19.67K20.00K85.00K-31.00K
Gross Margin91.32%84.21%89.08%43.70%24.39%16.28%-4.79%
Operating Expense1.17M1.20M2.70M5.57M8.21M7.91M8.30M
Operating Income-949.00K-1.16M-2.57M-5.55M-8.19M-7.82M-8.33M
Operating Margin-392.15%-2028.07%-1811.27%-12342.22%-9982.93%-1498.08%-1287.79%
EBITDA-942.00K-1.15M-2.60M-6.43M-8.12M-7.71M-8.25M
EBITDA Margin-389.26%-2015.79%-1833.10%-14300.00%-9900.00%-1477.59%-1274.81%
Net Income-977.00K-1.26M-2.61M-6.50M-7.81M-7.88M-8.11M
Net Income Margin-403.72%-2207.02%-1840.85%-14435.56%-9529.27%-1509.39%-1253.01%
R&D787.00K743.00K1.41M2.26M3.32M2.96M3.50M
R&D as % of Total Revenue325.21%1303.51%993.66%5029.63%4043.90%567.82%541.58%
Interest Expense28.00K102.00K55.00K38.00K-52.00K-
Interest Expense % of Total Revenue11.57%178.95%38.73%84.44%-9.96%-

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.60M593.00K1.45M11.22M7.59M5.98M19.99M
Total Liabilities3.30M3.47M638.00K1.24M2.07M2.12M1.44M
Total Equity-1.70M-2.88M807.00K9.98M5.53M3.86M18.55M
Cash1.58M475.00K1.27M10.37M810.00K3.09M6.50M
Total Debt3.00M3.05M-162.00K575.00K1.08M366.00K
Net Debt1.42M2.58M-1.27M-10.21M-235.00K-2.01M-6.13M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-481.00K-1.09M-2.10M-5.71M-8.43M-7.61M-6.60M
Investing Cash Flow-1.00K-16.00K-36.00K-66.00K-4.25M3.20M-10.93M
Financing Cash Flow1.90M2.94M2.94M14.88M3.12M6.70M20.94M
Capital Expenditure1.00K16.00K36.00K48.00K194.00K43.00K20.00K
Free Cash Flow-482.00K-1.10M-2.14M-5.76M-8.63M-7.66M-6.62M
Dividends Paid---13.98M---
FCF to OCF100.21%101.47%101.71%100.84%102.30%100.56%100.30%
Dividend Paid to FCF----242.61%---

Earnings

Report DateMar 15, 2022May 6, 2022Sep 30, 2022Mar 22, 2023Mar 20, 2025Sep 9, 2025
EPS Estimate0.000.000.000.000.000.00
EPS Actual-0.05-0.18-0.14-0.53-9.25-2.65
Surprise------
Timing------

Key Statistics & Ratios

Market Cap3.64M
Enterprise Value-14.63M
Trailing P/E0.00
Forward P/E0.00
Price / Sales5.18
Price / Book0.21
EPS-41.56
Book Value19.31
Revenue (TTM)703.00K
Gross Profit (TTM)-20.00K
EBITDA-10.38M
Profit Margin0.00%
Operating Margin-1676.29%
Return on Equity-88.65%
Return on Assets-52.59%
Shares Outstanding2.46M
Shares Float2.10M
Beta2.97
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
14.58%
Insiders
0.26%
Retail / Other
85.16%

Top Institutional Holders

  • Armistice Capital, LLC
    230.75K3.13%
  • Citadel Advisors Llc
    24.47K0.99%
  • UBS Group AG
    12.91K0.17%
  • Jane Street Group LLC
    12.26K0.17%
  • Advisor Group Holdings, Inc.
    9660.01%
  • Wolverine Asset Management LLC
    750.00%
  • Hanson Mcclain Inc
    330.00%
  • XTX Topco Ltd
    00.00%
  • Caitong International Asset Management Co., Limited.
    10.00%
  • JustInvest LLC
    00.00%
  • Kathmere Capital Management, LLC
    00.00%
  • Morgan Stanley - Brokerage Accounts
    00.00%
  • Advisory Services Network, LLC
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    10.00%

Stock Splits

  • Jun 22, 20261:3
  • Mar 11, 20261:3
  • Mar 17, 20251:4
  • Oct 10, 20241:20