Brainsway Ltd
TASE:BWAY
Income Statement
Earnings Waterfall
Brainsway Ltd
Income Statement
Brainsway Ltd
| Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
0
N/A
|
0
+56%
|
0
+36%
|
0
+32%
|
0
+8%
|
0
+4%
|
0
-14%
|
0
+4%
|
0
+40%
|
0
+3%
|
0
+36%
|
1
+49%
|
1
+63%
|
2
+50%
|
2
+32%
|
3
+24%
|
3
+16%
|
4
+17%
|
5
+19%
|
6
+20%
|
7
+21%
|
8
+18%
|
9
+16%
|
11
+17%
|
12
+6%
|
11
-3%
|
11
-3%
|
10
-4%
|
11
+7%
|
13
+13%
|
14
+11%
|
15
+9%
|
16
+8%
|
18
+10%
|
20
+11%
|
22
+8%
|
23
+7%
|
22
-4%
|
16
-25%
|
22
+34%
|
19
-13%
|
26
+37%
|
28
+8%
|
30
+5%
|
32
+6%
|
33
+3%
|
30
-9%
|
27
-8%
|
26
-5%
|
26
-1%
|
29
+12%
|
32
+10%
|
34
+8%
|
36
+6%
|
39
+6%
|
41
+6%
|
43
+6%
|
46
+6%
|
49
+7%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
|
| Gross Profit |
0
N/A
|
0
+75%
|
0
+36%
|
0
+26%
|
0
N/A
|
0
+8%
|
0
-15%
|
0
+5%
|
0
+35%
|
0
N/A
|
0
+32%
|
1
+37%
|
1
+77%
|
1
+42%
|
2
+35%
|
2
+25%
|
3
+14%
|
3
+18%
|
4
+17%
|
5
+22%
|
5
+17%
|
6
+19%
|
7
+17%
|
9
+17%
|
9
+5%
|
9
-3%
|
8
-5%
|
8
-5%
|
9
+7%
|
10
+14%
|
11
+11%
|
12
+10%
|
13
+8%
|
14
+9%
|
15
+10%
|
17
+9%
|
18
+7%
|
17
-5%
|
13
-27%
|
17
+36%
|
15
-14%
|
20
+39%
|
22
+8%
|
23
+5%
|
25
+6%
|
25
+0%
|
22
-9%
|
20
-10%
|
19
-6%
|
19
0%
|
21
+13%
|
23
+12%
|
25
+8%
|
27
+7%
|
29
+6%
|
31
+6%
|
32
+6%
|
34
+6%
|
37
+7%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(9)
|
(10)
|
(10)
|
(11)
|
(9)
|
(10)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
(14)
|
(14)
|
(15)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(22)
|
(25)
|
(26)
|
(28)
|
(19)
|
(22)
|
(16)
|
(24)
|
(26)
|
(28)
|
(30)
|
(31)
|
(32)
|
(33)
|
(34)
|
(33)
|
(31)
|
(28)
|
(27)
|
(27)
|
(28)
|
(29)
|
(31)
|
(32)
|
(34)
|
|
| Selling, General & Administrative |
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(6)
|
(7)
|
(6)
|
(7)
|
(7)
|
(7)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(15)
|
(17)
|
(18)
|
(20)
|
(14)
|
(16)
|
(13)
|
(18)
|
(20)
|
(21)
|
(23)
|
(24)
|
(25)
|
(25)
|
(26)
|
(25)
|
(23)
|
(21)
|
(20)
|
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
(25)
|
|
| Research & Development |
(4)
|
(5)
|
(4)
|
(4)
|
(5)
|
(6)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
(5)
|
(6)
|
(4)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
|
| Depreciation & Amortization |
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(5)
N/A
|
(6)
-7%
|
(6)
-6%
|
(6)
-7%
|
(7)
-9%
|
(8)
-9%
|
(5)
+34%
|
(5)
+3%
|
(6)
-13%
|
(4)
+19%
|
(5)
-10%
|
(5)
+6%
|
(4)
+7%
|
(4)
-2%
|
(5)
-16%
|
(7)
-29%
|
(7)
-11%
|
(7)
+1%
|
(7)
+6%
|
(5)
+32%
|
(5)
+2%
|
(4)
+3%
|
(2)
+44%
|
(3)
-2%
|
(2)
+18%
|
(2)
-15%
|
(5)
-118%
|
(6)
-14%
|
(7)
-11%
|
(7)
+1%
|
(6)
+12%
|
(5)
+6%
|
(5)
+6%
|
(5)
-4%
|
(7)
-32%
|
(8)
-18%
|
(8)
-3%
|
(10)
-24%
|
(6)
+41%
|
(5)
+22%
|
(2)
+63%
|
(3)
-84%
|
(4)
-19%
|
(5)
-27%
|
(6)
-13%
|
(6)
-9%
|
(10)
-59%
|
(13)
-29%
|
(15)
-17%
|
(14)
+5%
|
(9)
+33%
|
(5)
+48%
|
(1)
+76%
|
1
N/A
|
1
+57%
|
1
+21%
|
2
+35%
|
2
-1%
|
3
+52%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(7)
|
10
|
3
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
(4)
|
(4)
|
(4)
|
(3)
|
(1)
|
(0)
|
1
|
0
|
3
|
2
|
1
|
(0)
|
1
|
0
|
0
|
(0)
|
(1)
|
1
|
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(0)
|
1
|
2
|
2
|
2
|
(0)
|
0
|
1
|
2
|
3
|
4
|
4
|
|
| Total Other Income |
11
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(1)
N/A
|
5
N/A
|
(3)
N/A
|
(6)
-87%
|
(7)
-11%
|
(7)
-8%
|
(5)
+36%
|
(5)
-1%
|
(6)
-22%
|
(9)
-53%
|
(9)
-6%
|
(9)
+4%
|
(7)
+21%
|
(5)
+28%
|
(5)
-4%
|
(5)
+4%
|
(7)
-28%
|
(5)
+30%
|
(4)
+2%
|
(4)
+10%
|
(4)
-1%
|
(4)
+8%
|
(2)
+42%
|
(3)
-15%
|
(2)
+5%
|
(3)
-36%
|
(5)
-41%
|
(6)
-25%
|
(7)
-20%
|
(6)
+13%
|
(7)
-21%
|
(7)
+5%
|
(6)
+9%
|
(7)
-14%
|
(9)
-23%
|
(10)
-12%
|
(10)
-1%
|
(11)
-15%
|
(6)
+45%
|
(5)
+18%
|
(3)
+48%
|
(4)
-67%
|
(5)
-18%
|
(6)
-23%
|
(7)
-9%
|
(8)
-8%
|
(11)
-45%
|
(13)
-19%
|
(13)
-4%
|
(13)
+6%
|
(8)
+38%
|
(4)
+50%
|
(1)
+64%
|
1
N/A
|
2
+118%
|
3
+106%
|
4
+28%
|
6
+31%
|
7
+18%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
|
| Income from Continuing Operations |
(1)
|
5
|
(3)
|
(6)
|
(7)
|
(7)
|
(5)
|
(5)
|
(6)
|
(9)
|
(9)
|
(9)
|
(7)
|
(5)
|
(5)
|
(5)
|
(7)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(2)
|
(3)
|
(2)
|
(3)
|
(5)
|
(6)
|
(7)
|
(6)
|
(7)
|
(7)
|
(6)
|
(7)
|
(9)
|
(10)
|
(10)
|
(12)
|
(7)
|
(5)
|
(3)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(11)
|
(13)
|
(14)
|
(13)
|
(8)
|
(4)
|
(2)
|
1
|
1
|
3
|
4
|
5
|
6
|
|
| Net Income (Common) |
(1)
N/A
|
5
N/A
|
(3)
N/A
|
(6)
-87%
|
(7)
-11%
|
(7)
-8%
|
(5)
+36%
|
(5)
-1%
|
(6)
-22%
|
(9)
-54%
|
(9)
-6%
|
(9)
+4%
|
(7)
+21%
|
(5)
+28%
|
(5)
-4%
|
(5)
+4%
|
(7)
-28%
|
(5)
+30%
|
(4)
+2%
|
(4)
+10%
|
(4)
-1%
|
(4)
+8%
|
(2)
+42%
|
(3)
-15%
|
(2)
+5%
|
(3)
-36%
|
(5)
-41%
|
(6)
-26%
|
(7)
-22%
|
(6)
+13%
|
(7)
-21%
|
(7)
+5%
|
(6)
+9%
|
(7)
-14%
|
(9)
-22%
|
(10)
-13%
|
(10)
-2%
|
(12)
-15%
|
(7)
+43%
|
(5)
+20%
|
(3)
+49%
|
(5)
-71%
|
(6)
-18%
|
(6)
-17%
|
(7)
-10%
|
(8)
-7%
|
(11)
-43%
|
(13)
-23%
|
(14)
-3%
|
(13)
+6%
|
(8)
+37%
|
(4)
+49%
|
(2)
+61%
|
1
N/A
|
1
+147%
|
3
+95%
|
4
+34%
|
5
+36%
|
6
+17%
|
|
| EPS (Diluted) |
-0.03
N/A
|
0.37
N/A
|
-0.27
N/A
|
-0.51
-89%
|
-0.58
-14%
|
-0.62
-7%
|
-0.39
+37%
|
-0.39
N/A
|
-0.47
-21%
|
-0.7
-49%
|
-0.74
-6%
|
-0.71
+4%
|
-0.55
+23%
|
-0.39
+29%
|
-0.36
+8%
|
-0.37
-3%
|
-0.46
-24%
|
-0.31
+33%
|
-0.3
+3%
|
-0.27
+10%
|
-0.28
-4%
|
-0.25
+11%
|
-0.14
+44%
|
-0.16
-14%
|
-0.17
-6%
|
-0.21
-24%
|
-0.3
-43%
|
-0.38
-27%
|
-0.48
-26%
|
-0.37
+23%
|
-0.44
-19%
|
-0.42
+5%
|
-0.39
+7%
|
-0.44
-13%
|
-0.44
N/A
|
-0.46
-5%
|
-0.5
-9%
|
-0.55
-10%
|
-0.27
+51%
|
-0.24
+11%
|
-0.1
+58%
|
-0.16
-60%
|
-0.17
-6%
|
-0.21
-24%
|
-0.21
N/A
|
-0.22
-5%
|
-0.32
-45%
|
-0.4
-25%
|
-0.41
-2%
|
-0.39
+5%
|
-0.25
+36%
|
-0.13
+48%
|
-0.05
+62%
|
0.02
N/A
|
0.04
+100%
|
0.08
+100%
|
0.07
-12%
|
0.13
+86%
|
0.15
+15%
|
|