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Technology - Consumer Electronics - NASDAQ - IL
$ 1.63
-13.8 %
$ 1.96 M
Market Cap
-0.18
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one WLDS stock under the base case scenario is HIDDEN Compared to the current market price of 1.63 USD, Wearable Devices Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart WLDS

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FINANCIALS
82 K REVENUE
82.22%
-8.19 M OPERATING INCOME
-47.39%
-7.81 M NET INCOME
-20.29%
-8.43 M OPERATING CASH FLOW
-47.60%
-4.25 M INVESTING CASH FLOW
-6336.36%
3.12 M FINANCING CASH FLOW
-79.04%
394 K REVENUE
462.86%
-4.22 M OPERATING INCOME
-2.15%
-4.21 M NET INCOME
-7.45%
-3.86 M OPERATING CASH FLOW
18.11%
3.97 M INVESTING CASH FLOW
288.90%
2.19 M FINANCING CASH FLOW
30.88%
Balance Sheet Decomposition Wearable Devices Ltd.
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Current Assets 6.75 M
Cash & Short-Term Investments 4.86 M
Receivables 0
Other Current Assets 1.9 M
Non-Current Assets 840 K
Long-Term Investments 54 K
PP&E 786 K
Other Non-Current Assets 0
Current Liabilities 1.79 M
Accounts Payable 410 K
Short-Term Debt 175 K
Other Current Liabilities 1.2 M
Non-Current Liabilities 278 K
Long-Term Debt 278 K
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Wearable Devices Ltd.
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Revenue 82 K
Cost Of Revenue 62 K
Gross Profit 20 K
Operating Expenses 8.21 M
Operating Income -8.19 M
Other Expenses -372 K
Net Income -7.81 M
RATIOS
24.39% GROSS MARGIN
24.39%
-9982.93% OPERATING MARGIN
-9982.93%
-9529.27% NET MARGIN
-9529.27%
-141.40% ROE
-141.40%
-102.92% ROA
-102.92%
-151.48% ROIC
-151.48%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Wearable Devices Ltd.
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Net Income -7.81 M
Depreciation & Amortization 68 K
Capital Expenditures -194 K
Stock-Based Compensation 241 K
Change in Working Capital -816 K
Others -103 K
Free Cash Flow -8.63 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Wearable Devices Ltd.
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WLDS has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Wearable Devices Ltd.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Wearable Devices and TCL's RayNeo Join Forces to Bring the Future of Neural Controller Wristband to AR Glasses Market Significantly Ahead of Meta YOKNEAM ILLIT, ISRAEL, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, announces an innovative collaboration with TCL-RayNeo™ (“RayNeo”), a leader in augmented reality (“AR”) technology, aiming at bringing mass-market neural interface wristband for AR glasses to life now. globenewswire.com - 2 weeks ago
Wearable Devices Regains Compliance with Nasdaq Minimum Bid Price Rule YOKNEAM ILLIT, ISRAEL, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) (“Wearable Devices” or the “Company”), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced that it has received a written notice from Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company has regained compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. globenewswire.com - 2 weeks ago
Wearable Devices Unveils Foundational White Paper on the Future of Gesture Control and Neural Interfaces Yokneam Ilit, Israel, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, announced the release of a landmark white paper titled, “Elevating AR Glasses User Experience with Gesture Control and Neural Wristband.” The white paper provides an in-depth and definitive analysis of emerging trends in gesture control technology, comparing camera-based solutions with wearable neural interfaces that present a clear case for the future of seamless, wrist-worn input control. globenewswire.com - 3 weeks ago
Wearable Devices and RayNeo Collaborate to Lead the Industry of Neural Control for AR Glasses YOKNEAM ILLIT, ISRAEL, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announces the collaboration with RayNeo™ (“RayNeo”), a leader in augmented reality (AR) technology, to collaborate in delivering mass production level solution of next-generation neural interface AR glasses. globenewswire.com - 1 month ago
Wearable Devices Announces the Launch of Mudra Band for Apple Watch on Walmart.com, Expanding Access to Its Innovative Gesture-Controlled Wearable Technology YOKNEAM ILLIT, ISRAEL, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, today announced the official launch of its Mudra Band on Walmart.com (“Walmart”). This exciting development brings the Company's innovative neural-based gesture control technology to one of the largest retail platforms in the world, making it more accessible to millions of Apple users in the United States. globenewswire.com - 1 month ago
Wearable Devices Expands its International IP Portfolio with Filed Patent Application for Neural Wrist Technology in South Korea The new patent application, filed as part of the Patent Cooperation Treaty (PCT) national stage, aims to protect the Company's global patent portfolio in the Asian markets globenewswire.com - 1 month ago
Wearable Devices Boldly Welcomes Meta's Neural Control Entry to the AR/VR/XR Market Yokneam Ilit, Israel, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in AI-based gesture control technology, today applauded Meta's entrance into the gesture control space with its announcement at Meta Connect 2024. globenewswire.com - 1 month ago
Wearable Devices Announces First Half 2024 Financial Results Company announces revenue growth from commercial sales of its Mudra Band for Apple Watch and B2B collaborations Company announces revenue growth from commercial sales of its Mudra Band for Apple Watch and B2B collaborations globenewswire.com - 1 month ago
Control Your Apple Watch Like Never Before with Wearable Devices' Mudra Band Gesture Control Neural Wristband YOKNEAM ILLIT, ISRAEL, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI")-powered touchless sensing wearables, is thrilled to unveil the newest upgrade to its flagship product, the Mudra Band for the Apple Watch. Imagine hands-free control with just a gesture! The enhanced functionality of the Mudra Band enables seamless, same-hand, touchless watch operation, providing unmatched convenience and accessibility for all Apple Watch users. globenewswire.com - 1 month ago
Introducing the Mudra Link: Endless Possibilities at Your Fingertips – Now Available for Pre-Order! Secure your exclusive discount for early access to the Mudra Link globenewswire.com - 1 month ago
Wearable Devices to Join OpenXR Face-to-Face Event Company to showcase the Mudra Band and drive progress in OpenXR Landscape with industry leaders YOKNEAM ILLIT, ISRAEL, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Wearable Devices Ltd. globenewswire.com - 2 months ago
Wearable Devices' XR Team Redefines Gesture Control with Breakthrough Neural Interface Technology The report shows how combining gesture control cameras with neural wearable interfaces surpasses line-of-sight and field-of-view limits—highlighting applications with Meta Ray-Ban and Lenovo ThinkReality glasses globenewswire.com - 2 months ago
8. Profile Summary

Wearable Devices Ltd. WLDS

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COUNTRY IL
INDUSTRY Consumer Electronics
MARKET CAP $ 1.96 M
Dividend Yield 0.00%
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.
Contact 2 Ha-Ta’asiya St., Yokneam Illit, 2069803 https://wearabledevices.co.il
IPO Date Sept. 13, 2022
Employees 28
Officers Mr. Shmuel Barel Chief Marketing Officer Mr. Alon Mualem CPA Chief Financial Officer Ms. Tamar Fleisher Chief Operating Officer Mr. Leeor Langer Co-Founder & Chief Technology Officer Mr. Guy Wagner Co-Founder, Chief Scientific Officer, President & Director Dr. Offir Remez Executive Vice President of Business Development Mr. Barry Kaplan Executive Vice President of the U.S. Operations Mr. Asher Dahan Co-Founder, Chairman & Chief Executive Officer