Wearable Devices FY 2025 cash and deposits rose 360% to USD 18.4 million

Reuters03-12

Wearable Devices FY 2025 cash and deposits rose 360% to USD 18.4 million

Wearable Devices reported FY 2025 revenue of USD 0.65 million, up 24%, driven by increased sales of Mudra Link reflecting early market adoption and demand for neural interface technology. FY 2025 net loss widened to USD 8.1 million, while R&D expenses rose 18% to USD 3.5 million on continued investment in AI and proprietary algorithms, software and hardware. Cash and deposits totaled USD 18.4 million at year-end, after the company raised about USD 24.4 million in gross proceeds from equity offerings during 2025. Sales and marketing expenses fell 12% to USD 1.85 million following a change in sales and marketing structure. Chairman and CEO Asher Dahan said the company is scaling its B2C activities around Mudra Link and Mudra Band and is expanding its development platform, including the Mudra Experience Studio, to support B2B opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wearable Devices Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603120900PRIMZONEFULLFEED9670858) on March 12, 2026, and is solely responsible for the information contained therein.

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