Significant Revenue Growth
BrainsWay reported $11.5 million in revenue for Q1 2025, marking a 27% year-over-year increase.
Increase in Deep TMS System Shipments
The company shipped 81 Deep TMS systems, a 42% increase compared to the first quarter of 2024.
Positive Cash Flow and Strong Gross Margin
The company reported a gross margin of 75% and positive cash flow from operations.
Expansion in OCD Treatment
OCD coils shipped totaled 57, bringing the global installed base to nearly 850.
Advancements in Clinical Trials
The company is advancing U.S. clinical trials for accelerated treatment protocols and working on data for PTSD and adolescent MDD treatments.