OverviewSuggest Edit

Rewalk Robotics is a medical device company that designs, develops, and commercializes a walking system for people with lower limb disabilities. Its products include ReWalk Rehabilitation System and ReWalk Personal System. ReWalk Rehabilitation System allows walking, standing, sitting and the capacity to ascend/descend stairs in the rehab center environment. The ReWalk Personal System is designed for everyday use in a range of environments. It allows sitting, standing, and turning as well as offers the ability to climb and descend stairs.

TypePublic
Founded2001
HQMarlborough, US
Websiterewalk.com

Latest Updates

Employees (est.) (Dec 2019)50(-13%)
Revenue (FY, 2019)$4.9 M(-25%)
Share Price (Sept 2020)$1.1 (-6%)
Cybersecurity ratingAMore

Key People/Management at ReWalk Robotics

Ori Gon

Ori Gon

Chief Financial Officer
Ofir Koren

Ofir Koren

General Manager, Vice President of Research & Development and Regulatory
Andy Dolan

Andy Dolan

Vice President of Marketing and Reimbursement
Miri Pariente

Miri Pariente

Vice President of QA and Operations
Judy Kula

Judy Kula

Vice President of Customer Service, Human Resources and Business Affairs
Arik Dan

Arik Dan

Director
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ReWalk Robotics Office Locations

ReWalk Robotics has offices in Marlborough, Berlin and Yokne'am Illit
Marlborough, US (HQ)
200 Donald Lynch Blvd, Marlborough
Berlin, DE
15 Leipziger Pl.
Yokne'am Illit, IL
3 HaTnufa St
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ReWalk Robotics Financials and Metrics

ReWalk Robotics Revenue

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ReWalk Robotics's revenue was reported to be $4.87 m in FY, 2019
USD

Revenue (Q2, 2020)

1.7m

Gross profit (Q2, 2020)

1.0m

Gross profit margin (Q2, 2020), %

61.3%

Net income (Q2, 2020)

(2.9m)

EBIT (Q2, 2020)

(2.6m)

Market capitalization (22-Sept-2020)

21.6m

Closing stock price (22-Sept-2020)

1.1

Cash (30-Jun-2020)

14.1m

EV

14.1m
ReWalk Robotics's current market capitalization is $21.6 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

5.9m7.8m6.5m4.9m

Revenue growth, %

57%32%(16%)

Cost of goods sold

5.1m4.7m3.7m2.1m

Gross profit

736.0k3.1m2.8m2.7m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

2.5m2.0m1.7m1.6m1.8m1.6m1.6m877.0k1.2m760.0k1.7m

Cost of goods sold

1.5m1.3m1.0m897.0k1.0m855.0k655.0k442.0k585.0k387.0k646.0k

Gross profit

1.0m741.0k708.0k682.0k767.0k762.0k926.0k435.0k649.0k373.0k1.0m

Gross profit Margin, %

42%37%41%43%43%47%59%50%53%49%61%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

23.7m14.6m9.5m

Accounts Receivable

1.3m1.1m758.0k

Prepaid Expenses

1.3m1.6m693.0k

Inventories

3.3m3.6m2.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

17.1m16.3m12.9m8.8m9.1m5.2m8.9m24.1m20.4m16.6m14.1m

Accounts Receivable

1.4m1.1m1.3m1.6m1.9m1.2m1.1m417.0k572.0k726.0k1.1m

Prepaid Expenses

1.4m1.3m1.7m2.0m1.2m1.2m982.0k1.4m1.2m1.3m1.1m

Inventories

3.0m3.4m3.5m3.5m3.0m2.5m2.5m2.7m3.0m3.3m3.5m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(32.5m)(24.7m)(21.7m)(15.6m)

Depreciation and Amortization

696.0k642.0k463.0k321.0k

Inventories

(911.0k)(582.0k)1.4m(1.2m)

Accounts Payable

950.0k(1.6m)492.0k370.0k
USDFY, 2016

Revenue/Employee

62.4k

Debt/Equity

2.2 x

Debt/Assets

0.6 x

Financial Leverage

3.8 x
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ReWalk Robotics Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Units Placed

119 37 31 16 107 23 21 22 85 14 14 17

Personal Units Placed

109 36 30 15 103 22 21 21 82 14 13 12

Rehabilitation Units Placed

10 1 1 1 4 1 1 3 1 5

Personal Units Placed to Date

214 317 399
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ReWalk Robotics Acquisitions / Subsidiaries

Company NameDateDeal Size
ReWalk Robotics GmbH
ReWalk Robotics, Inc.

ReWalk Robotics Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

ReWalk Robotics Revenue Breakdown

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ReWalk Robotics revenue breakdown by business segment: 95.9% from Personal Units and 4.1% from Other

ReWalk Robotics revenue breakdown by geographic segment: 42.9% from Europe, 54.4% from United States and 2.8% from Other

ReWalk Robotics Online and Social Media Presence

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ReWalk Robotics News and Updates

ReWalk Robotics Reports Second Quarter 2020 Financial Results

MARLBOROUGH, Mass. and BERLIN, Germany and YOKNEAM ILIT, Israel, Aug. 12, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced its financial results for the three and six months ended June 30, 2020.

ReWalk Robotics Announces $9.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

MARLBOROUGH, Mass. and YOKNEAM ILIT, Israel, July 01, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that it has entered into definitive agreements with several institutional investors providing for the issuance of approximately 4,938,278 o…

ReWalk Robotics Finalizes U.S. Distribution Agreements for Two Additional Neuro Rehabilitation Product Lines

-- Additional Lines Expand Company’s Portfolio and Include Telehealth Capable Stroke Rehabilitation Devices as well as Clinic and Home Use Devices for Persons with Spinal Cord Injury -- MARLBOROUGH, Mass., June 04, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics, Ltd. (Nasdaq: RWLK) ("ReWalk," “we” or th…

ReWalk Robotics Reports First Quarter 2020 Financial Results

— Q1 2020 Total Revenue of $0.8 million at a reduced level due to COVID-19 pandemic —

ReWalk Robotics to Report Fourth Quarter and Year-End 2019 Financial Results on February 20, 2020

MARLBOROUGH, Mass., BERLIN and YOKNEAM ILIT, Israel, Feb. 17, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that the Company will release its fourth quarter and year-end 2019 financial results on Thursday, February 20, 2020, before the U.S…

ReWalk Robotics Blogs

ReWalk Robotics to Report Second Quarter 2019 Financial Results on August 8, 2019

ReWalk Robotics to Report Second Quarter 2019 Financial Results on August 8, 2019 Content Import Tue, 08/06/2019 - 01:43 ReWalk Robotics to Report Second Quarter 2019 Financial Results on August 8, 2019  — 08/06/19 This release is a backfill from a News Wire …

FDA approves ReWalk’s mobility device for stroke survivors

FDA approves ReWalk’s mobility device for stroke survivors. The post FDA approves ReWalk’s mobility device for stroke survivors appeared first on ReWalk – More Than Walking.

ReWalk Robotics Announces Pricing of Registered Direct Offering for $5 Million

YOKNEAM ILIT, Israel and MARLBOROUGH, Mass., June 10, 2019 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd.  (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced that it has entered into definitive agreements with institutional investors providing for the issuance of approximately 833,334 ordinary

ReWalk Robotics Announces Exercise of Warrants Resulting in Cash Proceeds of $10.8 Million

YOKNEAM ILIT, Israel and MARLBOROUGH, Mass. , June 05, 2019 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”), today announced the agreement by several accredited investors of its ordinary share purchase warrants to exercise and purchase 1,446,665 of its ordinary

ReWalk Robotics Receives CE Mark for ReStore™ Exo-Suit Stroke Rehabilitation Device

Advent of the Soft Exo-Suit Generation expands assistive robotic therapy for stroke survivors MARLBOROUGH, Mass. and YOKNEAM ILIT, Israel, May 29, 2019 /PRNewswire/ — ReWalk Robotics, Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”), a manufacturer of robotic medical devices for individuals with lowe…

Chunlin (Allen) Han

Chunlin (Allen) Han Derek.Colman@n… Wed, 05/22/2019 - 11:13 Chunlin (Allen) Han Director Mr. Han is an executive director of Liquid Harmony Limited and serves as Head of Investment and Financing for Realcan Pharmaceutical Group Co. Ltd. (S…
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ReWalk Robotics Frequently Asked Questions

  • When was ReWalk Robotics founded?

    ReWalk Robotics was founded in 2001.

  • Who are ReWalk Robotics key executives?

    ReWalk Robotics's key executives are Ori Gon, Ofir Koren and Andy Dolan.

  • How many employees does ReWalk Robotics have?

    ReWalk Robotics has 50 employees.

  • What is ReWalk Robotics revenue?

    Latest ReWalk Robotics annual revenue is $4.9 m.

  • What is ReWalk Robotics revenue per employee?

    Latest ReWalk Robotics revenue per employee is $97.5 k.

  • Who are ReWalk Robotics competitors?

    Competitors of ReWalk Robotics include Bioness, AlterG and Parker-Hannifin.

  • Where is ReWalk Robotics headquarters?

    ReWalk Robotics headquarters is located at 200 Donald Lynch Blvd, Marlborough, Marlborough.

  • Where are ReWalk Robotics offices?

    ReWalk Robotics has offices in Marlborough, Berlin and Yokne'am Illit.

  • How many offices does ReWalk Robotics have?

    ReWalk Robotics has 3 offices.