Wearable Devices Ltd.

NasdaqCM WLDS

Wearable Devices Ltd. Gross Profit Margin for the year ending December 31, 2023: 24.39%

Wearable Devices Ltd. Gross Profit Margin is 24.39% for the year ending December 31, 2023, a -44.19% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Wearable Devices Ltd. Gross Profit Margin for the year ending December 31, 2022 was 43.70%, a -50.94% change year over year.
  • Wearable Devices Ltd. Gross Profit Margin for the year ending December 31, 2021 was 89.08%, a 5.79% change year over year.
  • Wearable Devices Ltd. Gross Profit Margin for the year ending December 31, 2020 was 84.21%, a -7.79% change year over year.
  • Wearable Devices Ltd. Gross Profit Margin for the year ending December 31, 2019 was 91.32%.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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NasdaqCM: WLDS

Wearable Devices Ltd.

CEO Mr. Asher Dahan
IPO Date Sept. 13, 2022
Location Israel
Headquarters 2 Ha-Ta’asiya St.
Employees 28
Sector Technology
Industries
Description

Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements. The company offers Mudra Inspire development kits that enables users to control digital devices through finger movements and hand gestures. These digital devices include consumer electronics, smart watches, smartphones, augmented reality glasses, virtual reality headsets, televisions, personal computers and laptop computers, drones, robots, etc. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, and academia and research universities, as well as consumers from B2C market. The company was incorporated in 2014 and is based in Yokneam Illit, Israel.

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StockViz Staff

January 15, 2025

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