Develops Deep TMS systems for depression and anxiety disorders.
Dec 2024Revenue $41.0M/yrExpenses $39.6M/yr
Reached break-even Oct 2024
Figures by year
When did Brainsway become profitable?
Its revenue passed its expenses in Oct 2024. In the 12 months to Dec 2024, revenue was $41.0M and expenses $39.6M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2024 | $41.0M | $39.6M | $1.39M |
| Dec 2023 | $31.8M | $36.7M | −$4.96M |
| Dec 2022 | $27.2M | $39.9M | −$12.7M |
| Dec 2021 | $29.7M | $34.7M | −$5.00M |
| Dec 2020 | $22.1M | $26.9M | −$4.83M |
| Dec 2019 | $23.1M | $31.6M | −$8.48M |
| Dec 2018 | $16.4M | $21.5M | −$5.11M |
| Dec 2017 | $11.1M | $17.8M | −$6.61M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.