← Brainsway Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net Income — — — — — — ($13.3m) ($4.2m) $2.9m $7.6m
Net Income From Continuing Operations — — — — — — ($13.3m) ($4.2m) $2.9m $7.6m
Depreciation & Amortization (CF) — $394k $463k $1.7m $1.5m $560k $558k $362k $660k $665k
Depreciation of leased systems — $678k $765k $1.1m $1.2m $1.1m $976k $975k $1.1m $873k
Depreciation — — — — — — $1.5m $1.3m $1.8m $1.5m
Depreciation Amortization Depletion — — — — — — $1.5m $1.3m $1.8m $1.5m
Adjustments For Deferred Tax Of Prior Periods — — — — — — — ($552k) ($235k) —
Deferred Income Tax — — — — — — $315k $251k $538k $77k
Deferred Tax — — — — — — $315k $251k $538k $77k
Adjustments For Share-Based Payments — — $710k $1.3m $799k $1.9m $1.5m $381k $1.4m —
Impairment and disposal of inventory and system components — — — — — $1.3m $816k $1.4m $1.5m $40k
Cost of share-based payment — $1.0m $710k $1.3m $799k $1.9m $1.5m $381k $1.4m $1.2m
Asset Impairment Charge — — — — — — $816k $1.4m $1.5m $41k
Adjustments For Income Tax Expense — — $209k $422k $237k $43k $315k $251k $538k —
Additional Financial Items
Adjustments For Current Tax Of Prior Period — — — — — — — $798k $683k —
Adjustments For Decrease Increase In Trade Account Receivable — — ($419k) ($2.6m) ($7k) ($849k) $1.5m $1.1m ($867k) —
Adjustments For Finance Costs — — $1.2m $1.4m $319k $1.4m $351k ($1.0m) — —
Adjustments For Finance Income — — $44k $237k $549k $255k $1.1m $2.2m $3.6m —
Adjustments For Increase Decrease In Trade Account Payable — — $859k $175k ($552k) $289k — ($327k) $2.1m —
General And Administrative Expense — — $3.4m $5.3m $4.7m $5.8m $6.9m $5.3m $5.8m —
Interest Received Classified As Operating Activities — — $37k $175k $61k $17k $1.0m $1.7m $2.9m —
Proceeds From Borrowings Classified As Financing Activities — — — ($3.0m) — — — — — —
Proceeds From Issuing Shares — — — $26.3m — $42.3m ($52k) — — —
Finance income, net — — — — — — $351k ($1.0m) ($2.1m) ($3.6m)
Income taxes — $169k $209k $422k $237k $43k $315k $251k $538k $135k
Change in Inventory — — — — — — ($3.6m) ($506k) ($920k) ($1.4m)
Change in Accounts Receivable — ($21k) ($419k) ($2.6m) ($7k) ($849k) $1.5m $1.1m ($867k) $607k
Decrease (increase) in other current assets — — — — — ($1.2m) ($403k) ($312k) $1.6m ($996k)
Increase (decrease) in trade payables — — — — — — — ($327k) $2.1m ($476k)
Change in Accounts Payable — $310k $859k $175k ($552k) $289k — ($327k) $2.1m $768k
Increase in other accounts payable — $163k $482k ($385k) $515k $815k $298k $62k $129k $400k
Increase in deferred revenues — — — $555k $320k $2.0m $790k $1.6m $277k $9.3m
Proceeds from purchase of property and equipment and system components, net — $469k $280k $183k $23k ($2.2m) $1.9m ($2.4m) ($3.8m) ($2.3m)
Proceeds from short-term bank deposits — — — — — — $40.3m — $35.0m —
Investment in short-term bank deposits — — — — — — — ($35.0m) — ($20k)
Investment in Commission asset — — — $985k $5k $22k ($21k) ($22k) ($971k) ($652k)
Proceeds from government grants — — — — — — $15k $32k — —
Repayment of liability in respect of research and development grants — ($375k) ($414k) ($601k) ($655k) ($761k) ($977k) ($787k) ($1.1m) ($1.2m)
Repayment of lease liabilities — — — — — — ($533k) ($271k) ($424k) ($832k)
Issuance of share capital, net — — — — — $42.3m ($52k) — — —
Net Change in Cash — $145k ($367k) ($78k) $218k ($224k) ($202k) $90k ($47k) $42k
Right-of-use asset recognized with corresponding lease liability — — — — — — $301k $308k $5.5m $827k
Beginning Cash Position — — — — — — $16.9m $47.6m $10.5m $69.3m
Cash Flow From Continuing Financing Activities — — — — — — ($1.5m) ($1.0m) $18.3m ($2.2m)
Cash Flow From Continuing Investing Activities — — — — — — $42.2m ($37.4m) $30.3m ($17.5m)
Change In Account Payable — — — — — — $0 ($327k) $2.1m ($477k)
Change In Other Current Assets — — — — — — ($403k) ($312k) $1.6m ($527k)
Change In Other Working Capital — — — — — — $790k $1.6m $277k $9.3m
Change In Payable — — — — — — $298k ($265k) $2.2m $241k
Change In Payables And Accrued Expense — — — — — — $298k ($265k) $2.2m $241k
Change In Receivables — — — — — — $1.5m $1.1m ($867k) $607k
Change In Working Capital — — — — — — ($1.5m) $1.6m $2.4m $7.6m
Changes In Account Receivables — — — — — — $1.5m $1.1m ($867k) $607k
Changes In Cash — — — — — — $30.9m ($37.2m) $58.9m ($1.7m)
End Cash Position — — — — — — $47.6m $10.5m $69.3m $67.7m
Financing Cash Flow — — — — — — ($1.5m) ($1.0m) $18.3m ($2.2m)
Free Cash Flow — — — — — — ($9.8m) ($1.1m) $6.5m $16.3m
Interest Received CFO — — — — — — $1.0m $1.7m $2.9m $4.1m
Investing Cash Flow — — — — — — $42.2m ($37.4m) $30.3m ($17.5m)
Issuance Of Capital Stock — — — — — — $0 $0 $16.4m $0
Net PPE Purchase And Sale — — — — — — $1.9m ($2.4m) ($3.8m) ($1.7m)
Other Non Cash Items — — — — — — $351k ($1.0m) ($2.1m) ($3.4m)
Proceeds From Stock Option Exercised — — — — — — $0 $0 $3.4m $0
Purchase Of PPE — — — $3.3m $2.5m ($2.2m) — — ($3.8m) ($1.7m)
Repurchase Of Capital Stock — — — — — — ($52k) $0 $0 —
Stock Based Compensation — — — — — — $1.5m $381k $1.4m $1.2m
Profit or Loss — ($7.1m) ($6.5m) ($10.3m) ($5.4m) ($6.5m) ($13.3m) ($4.2m) $2.9m $7.6m
Total changes in asset and liability — $1.1m ($204k) ($2.2m) $179k $1.1m ($1.5m) $1.6m $2.4m $8.2m
Total cash received during the year — ($44k) ($394k) ($673k) ($259k) ($59k) $553k $1.4m $1.8m $2.5m
Cash flows from investing activities:
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities — — — — — — $1.9m — — —
Net Investment Purchase And Sale — — — — — — $40.2m ($35.0m) $34.0m ($15.8m)
Purchase Of Investment — — — — — — ($21k) ($35.0m) ($971k) ($15.8m)
Sale Of Investment — — — — — — $40.3m $0 $35.0m $0
Net Other Investing Changes — — — — — — — — $76k $20k
Cash flows from financing activities:
Net Issuance Payments Of Debt — — — — — — ($533k) ($271k) ($424k) ($832k)
Net Long Term Debt Issuance — — — — — — ($533k) ($271k) ($424k) ($832k)
Long Term Debt Payments — — — — — — ($533k) ($271k) ($424k) ($832k)
Repayment Of Debt — — — — — — ($533k) ($271k) ($424k) ($832k)
Common Stock Issuance — — — — — — $0 $0 $16.4m $0
Net Common Stock Issuance — — — — — — ($52k) $0 $16.4m $0
Common Stock Payments — — — — — — ($52k) $0 $0 —
Net Other Financing Charges — — — — — — ($962k) ($755k) ($1.1m) ($1.4m)
Effect Of Exchange Rate Changes — — — — — — ($202k) $90k ($47k) $42k
Increase (decrease) in cash and cash equivalents — $5.3m ($5.5m) $12.7m ($4.7m) ($40k) $30.7m ($37.1m) $58.8m ($1.6m)
Cash and cash equivalents at the beginning of the year $9.2m $14.5m $9.0m $21.7m $17.0m $16.9m $47.6m $10.5m $69.3m $67.7m
Change In Cash Supplemental As Reported — — — — — — $30.7m ($37.1m) $58.8m ($1.6m)
Interest Paid Classified As Operating Activities — — $239k $296k $71k $62k $46k $253k $124k ($298k)
Income Taxes Paid Refund Classified As Operating Activities — ($56k) $192k $552k $249k $14k $443k $11k $1.0m ($638k)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.