Wearable Devices Ltd. WLDS
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Market cap
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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-6.53
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $647.0K | $522.0K | $82.0K | $45.0K | $142.0K | $57.0K | — |
| Cost of revenue | — | $437.0K | $62.0K | $10.0K | — | — | — |
| Gross profit | -$148.0K | $85.0K | $20.0K | $35.0K | — | — | — |
| R&D | — | — | $3.3M | $2.3M | $1.4M | $743.0K | — |
| SG&A | $2.8M | $2.8M | $2.9M | $1.9M | $628.0K | $174.0K | — |
| Operating income | -$8.3M | -$7.8M | -$8.2M | -$6.5M | -$2.7M | -$1.2M | — |
| Pre-tax income | -$8.1M | -$7.9M | -$7.8M | -$6.5M | — | — | — |
| Income tax | $5.0K | $7.0K | — | — | — | — | — |
| Net income | -$8.1M | -$7.9M | -$7.8M | -$6.5M | -$2.6M | -$1.3M | — |
| EPS, basic | -6.53 | -72.60 | -115.20 | -42.40 | -0.27 | -0.19 | — |
| EPS, diluted | -6.53 | -72.60 | -115.20 | -42.40 | -0.27 | -0.19 | — |
| Shares, diluted (wtd. avg.) | 1.2M | 108,563 | 67,505 | 153,465 | 9.7M | 6.5M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | $6.5M | $3.1M | $810.0K | $10.4M | $1.3M | $475.0K | $1.6M |
| Receivables | $37.0K | — | — | — | $8.0K | — | — |
| Inventory | $778.0K | $1.2M | — | — | — | — | — |
| Total current assets | $19.5M | $5.5M | $6.8M | $11.0M | $1.4M | — | — |
| Property, plant and equipment | $67.0K | $130.0K | $194.0K | $68.0K | $43.0K | — | — |
| Total assets | $20.0M | $6.0M | $7.6M | $11.2M | $1.4M | — | — |
| Accounts payable | $62.0K | $157.0K | $410.0K | $156.0K | $72.0K | — | — |
| Total current liabilities | $1.4M | $2.1M | $1.8M | $1.1M | $638.0K | — | — |
| Total liabilities | $1.4M | $2.1M | $2.1M | $1.2M | $638.0K | — | — |
| Retained earnings | — | $29.0M | $21.2M | $13.4M | — | — | — |
| Total equity | $18.6M | $1.7M | $5.5M | $10.0M | $807.0K | -$2.9M | -$1.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$6.6M | -$7.6M | -$8.4M | -$5.7M | -$2.1M | -$1.1M | — |
| Depreciation and amortisation | $84.0K | $107.0K | $68.0K | $23.0K | $11.0K | $7.0K | — |
| Stock-based compensation | $1.1M | $182.0K | $241.0K | $790.0K | $299.0K | $67.0K | — |
| Capital expenditure | $20.0K | $43.0K | $194.0K | $48.0K | $36.0K | $16.0K | — |
| Investing cash flow | -$10.9M | $3.2M | -$4.2M | -$66.0K | -$36.0K | -$16.0K | — |
| Financing cash flow | $20.9M | $6.7M | $3.1M | $14.9M | $2.9M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-026977.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $57.0K | $142.0K | $45.0K | $82.0K | $522.0K | $647.0K |
| Gross profit | — | — | — | $35.0K | $20.0K | $85.0K | -$148.0K |
| Net income | — | -$1.3M | -$2.6M | -$6.5M | -$7.8M | -$7.9M | -$8.1M |
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| LTRX | LANTRONIX INC | $268.6M | — | -1.6% |